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5 reasons NOT to play the Mega Millions lottery

Lottery fever is upon us once again.

The Mega Millions jackpot hit $1.6 billion after there was no winner last week. That’s a cash option of $904 million and makes this jackpot the largest in U.S. history. The draw will be held at 11 p.m. ET on Tuesday. The second-largest win in the U.S. was the $1.586 billion Powerball jackpot won on Jan. 13, 2016. Don’t hold your breath for a win if you buy a ticket. Statistics show you are more likely to die or kill someone while driving 2 miles or be attacked by a shark.

The lottery only becomes ‘progressive’ — when high earners spend more on tickets than more than low earners — when the jackpot reaches $1 billion.

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