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TALLAHASSEE (CBSMiami) – Jumpin’ jackpots. The Mega Millions jackpot is now the nation’s 10th largest lottery prize, reaching an estimated $502 million.

No one has won the Mega Millions jackpot since January.  It’s just the fourth time in Mega Millions history that the jackpot has surged past $500 million.

Mega Millions jackpots start at $40 million and roll over until the jackpot is won.

The odds of winning the Mega Millions jackpot with a $2 ticket are 1-in-302.5 million. Jackpot winners must match all six numbers in the drawing.

The $502 million prize is the annuity option, in which a sole winner is paid over 29 years. A winner opting for the cash prize would take home $301 million, minus state and federal taxes.

Mega Millions is one of two national lottery games. It’s played in 44 states plus Washington, D.C., and the U.S. Virgin Islands.

You can watch the next Mega Millions drawing Friday night during the 11pm news on CBS4, your official lottery station.

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