Economics

Lottery Jackpot Raised to $425 Million

Somebody may win, but it probably won't be you. (If it is you, don't forget Reason!)

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Tonight's Mega Millions jackpot, already the fifth-largest ever, is getting bigger.

Buoyed by strong ticket sales, lottery officials boosted the jackpot to $425 million from $400 million Friday morning, about 12 hours ahead of the 11 p.m. drawing. A lump sum, post-tax payout is worth about $161 million.

The jackpot was raised after sales were projected to rise about 40% by Friday evening, says Paula Otto, head of the Virginia lottery and lead director of the Multi State Lottery Association,