$1.55 billion Mega Millions jackpot is the 3rd largest in U.S. history

mega millions

Lottery players will have another shot at a massive Mega Millions jackpot. The estimated $1.55 billion prize up for grabs Tuesday night has been building for months thanks to 31 straight drawings without a jackpot winner.

It now ranks as the third-largest lottery prize in U.S. history.

Mega Millions jackpot winners are so rare thanks to incredibly long odds of 1 in 302.6 million.

The last time someone won the game's top prize was April 18.

The $1.55 billion payout is for a winner who opts for an annuity, doled out over 30 years. Winners usually prefer a lump sum option, which for Tuesday would be about $757.2 million.