Mega Millions Jackpot Reaches $754 Million for November 1, 2025 Draw

For the November 1, 2025 draw, the Mega Millions jackpot has moved officially up to a whopping $754 million after no ticket matched all the numbers in the last draw. Players have never been more excited to take part in the lottery in America because the jackpot has grown week after week.

Mega Millions Jackpot Amount and Cash Option

The Mega Millions jackpot for the November 1, 2025 draw is now estimated to be at $754 million and the  cash option is around $352 million before taxes.

Winners can choose between either method of payout: 

• Annuity Option: Paid over 30 years at an amount that increases by about 5% each year. 
• Cash Option: A one-time lump-sum amount of approximately $352 million before federal and state taxes.

Most winners choose the cash option, however the annuity option provides long-term financial stability with guaranteed income over 30 years.

Where to Watch the Mega Millions Drawing

The Mega Millions drawing is broadcast live at 11:00 PM eastern time, and you can watch it: 

• Online: Through the official website of Mega Millions. 
• Television: Local television stations that carry other lotteries and lottery drawings. 

Odds of Winning Mega Millions Jackpot

The odds of winning the Mega Millions jackpot are about 1 in 290 million. However, while those numbers are dismal, there are ways to win smaller prizes. If a player matches 5 white balls, without the Mega Ball, they will win a total of $1 million, which can increase to $5 million with the Megaplier. In total, a player has about a 1 in 23 chance of winning a prize, so there are plenty of chances to win smaller awards.

Mega Millions Old Jackpots

Here are some of the past Mega Millions jackpots from previous draws, showing how the prizes have changed over time. These past results give an idea of the draw history and winning patterns.

• Mega Millions Jackpot Hits $714 Million for October 28 Draw
• Mega Millions Jackpot Hits $680 Million for October 24 Draw
• Mega Millions Jackpot Reaches $650 Million for October 21, 2025 Draw
• Mega Millions Jackpot Hits $625 Million for 17 October 2025 Draw

How to Play Mega Millions

Playing Mega Millions is very easy: 

• Select five numbers from 1 through 70. 
• Select one Mega Ball number from 1 through 25.
• Tickets will cost the player $2. Tickets can be purchased through retail outlets authorized in states where Mega Millions is played. 
• Players may also wish to choose a Quick Pick option, which uses the computer to randomly pick out numbers.

ALSO READ: Mega Millions Drawing Winning Numbers – 28 October 2025

Why Mega Millions Lottery Remains Popular Among Players

One reason Mega Millions is one of the top lotteries in the United States is the combination of gigantic jackpots in millions of dollars and the simple way to play. The chance to win a life-changing amount of money, combined with regularly scheduled drawings, creates a thrill across the nation. Lottery news coverage as well as social media causes the growing popularity as players exchange their own predictions, previous drawings and bet selections.