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3 Jan 2026 11:45
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      Home > News > Business

    A lottery jackpot of more than a billion US dollars has been struck...after growing steadily since September last year

    A lottery jackpot of more than a billion US dollars has been struck...after growing steadily since September last year


    The Mega Millions payout...assuming it's claimed...is the third largest ever.

    The winning ticket was purchased at a supermarket in Detroit, and beat odds of one im more than 300 million.

    The winner will take the full jackpot if they accept is an annuity, paid in 30 annual instalments.

    Most winners go for a cash lump sum...which in this case would be 557 million after taxes.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     03 Jan: Tesla has lost its title as the world's best-selling electric vehicle maker
     02 Jan: Horowhenua District Council's providing financial assistance for locals impacted by last Sunday's severe weather
     02 Jan: Fire and Emergency received 15 calls between 12pm and one - as crews took strike action
     02 Jan: Authorities are working to get to the bottom of a major cyber security breach which may have exposed the personal health data of tens of thousands of Kiwis
     01 Jan: Major electricity companies are taking a big step today, towards protecting national energy security
     01 Jan: Hopes the new vocational education model kicking in from today will put industry in the driver's seat
     01 Jan: New agreements take effect today - for a strategic coal reserve stockpile at Huntly Power Station
     Top Stories

    RUGBY RUGBY
    A hint of adversity hasn't been enough to slow down defending champion Luke Littler in his quest for back-to-back world darts championship titles More...

    BUSINESS BUSINESS
    Tesla has lost its title as the world's best-selling electric vehicle maker More...


     Today's News

    		 National:
    How Celtic languages spread across Britain and Ireland: why we need to reconsider the early story 11:16

     International:
    Crans-Montana ski resort fire probe raises questions about sparklers, safety compliance at Le Constellation bar 11:06

     Law and Order:
    Customs is warning organised crime groups are smuggling card-skimming devices into New Zealand, hidden inside low-value electronics like air-fryers and laptops 11:06

     Politics:
    The Public Service Association says the cyber attack impacting health patient portal Manage My Health shows the risks of Government job cuts 10:46

     Rugby:
    A hint of adversity hasn't been enough to slow down defending champion Luke Littler in his quest for back-to-back world darts championship titles 10:36

     International:
    Are reading goals helpful or performative? How to read more in the new year 10:36

     National:
    Why do I seem to get sick as soon as I take time off? 10:36

     National:
    Is world peace even possible? I study war and peace and here’s where I’d start 10:26

     National:
    What were books like in ancient Greece and Rome? 10:16

     National:
    Oldest known cremation in Africa poses 9,500-year-old mystery about Stone Age hunter-gatherers 10:06

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