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U.S. Mega Millions Jackpot Now Over $1B After No One Wins

The $1.02 billion prize is for winners who choose the annuity option, paid annually over 30 years.

The $1.02 billion prize is for winners who choose the annuity option, paid annually over 30 years.

Photographer: Oliver Douliery/AFP/Getty Images

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Des Moines, Iowa (AP) -- A giant Mega Millions lottery jackpot ballooned to $1.02 billion after no one matched all six numbers Tuesday night and won the top prize.

The new estimated jackpot for Friday's drawing will be the nation’s fourth-largest lottery prize.