Who is Ready for the $212 Million Lottery Jackpot Tonight?
If one person wins tonight's Mega Millions jackpot, they'll be taking home $8.15 million over the next 26 years, or $138 million if taken in one lump sum, according to a California State Lottery official. Of course, these numbers could be higher depending on sales today (and if you are going to buy, you must by 7:45 p.m. as the drawing will be 10 minutes later). And since today is election day, it should be noted that on May 19th--our next election--we will be voting on Prop 1C, otherwise known as the Lottery Modernization Act. If passed, it would allow the state to borrow (or "raid" as some would say) $5 billion from lottery revenues for purposes other than education. The lottery currently raises $1 billion for schools annually.