Record-breaking $1.2 billion Mega Millions jackpot up for grabs

The Mega Millions jackpot has reached a staggering $1.2 billion after no one matched all the numbers in the latest drawing. The estimated cash payout is $550.2 million. Seven winners who got five numbers will receive a $1 million prize each, while one person in Texas won $4 million by adding on the Megaplier. The jackpot has been growing since April, with no winners in the past 30 consecutive drawings. The next drawing will take place on Friday, August 4th.