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Mega Millions Jackpot grows to $940 million for Friday's drawing

CBS News Live
CBS News Baltimore Live

BALTIMORE -- The Mega Millions jackpot has been increased to an estimated $940 million ahead of Friday's drawing. 

Last week's jackpot totaled over a billion dollars, with the winning ticket sold in Maine.  

The latest drawing was on Tuesday, where no winner of the $820 million jackpot was announced. 

The potential winner of Friday's jackpot would have the choice of taking an estimated lump sum payment of $472 million before taxes, or going with the annuity option, which consists of an immediate payment, followed by 29 annual payments. 

Nearly all grand prize winners opt to take a cash payout. 

There have been no Mega Millions jackpot winners since April 18.  

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