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Mega Millions jackpot soars to $940 million

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The jackpot for Friday night’s Mega Millions drawing has surged to $940 million, California Lottery officials announced.

The nationwide contest has gone 28 straight drawings without anyone matching all six numbers.

Friday night’s jackpot is now the fifth-largest in Mega Millions history.

The cash value for the drawing is an estimated $472 million. Winners would also be subject to federal taxes, while many states also tax lottery winnings.

Mega Millions tickets start at $2 each and are sold in 45 states, the District of Columbia, and the U.S. Virgin Islands.

In California, revenue from lottery ticket sales benefits public schools. $65 million has been raised from this jackpot alone, officials said.

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