Mega Millions jackpot raised from $159M to $164M

Because of swift ticket sales, the Mega Millions jackpot was raised to an estimated $164 million for Friday’s drawing, Georgia Lottery officials have announced. Mega Millions offers two jackpot payment options: the $164 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments; or the cash option, which is approximately $98 million.