If no one wins, the jackpot will be even larger for Tuesday's drawing. The huge Mega Millions jackpot continues to roll.
The jackpot will be divided proportionately if there is more than one victor, as happened when the previous Mega Millions record of $656m (£500m today) was drawn in March 2012.
The lump sum would be subject to federal, state and local taxes totaling tens of millions of dollars.
The numbers have been drawn for Saturday's estimated $470 million Powerball jackpot.
What are the odds of winning the Mega Millions jackpot?
The Mega Millions jackpot has been growing since the last winners - a small office pool in California - were awarded $543 million.
A man walked past Mega Millions and other lottery displays outside of The Lucky Spot in San Francisco, Thursday.
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The taxes imposed on lottery winnings differ by state.
There hasn't been a Powerball victor since August 11, causing the jackpot to rise to $470 million.
The probability of winning the top prize by perfectly matching all six numbers is a staggering 1 in 302,575,350.
The estimated jackpot for the next drawing on Tuesday is a record-breaking $1.6 billion. If the victor goes with the one-time cash option they will receive almost $905 million. Sometimes it takes much longer to get an answer than a couple hours after the drawing, however.
You're not being rational if you think you have a good chance of winning the jackpot, whether it's with one ticket or 100.