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The Daily Money: Who wants to be a billionaire?


Happy Monday, The Daily Money readers!

So who wants to be a billionaire?

If that's you, you're in luck.

With no Mega Millions jackpot winners since April, the lottery's grand prize continues to grow, now over $1 billion and inching closer to more all-time records.

Ahead of the next drawing on Tuesday, the Mega Millions jackpot sits at an estimated $1.05 billion with a $527.9 million cash option, tied for the fourth-largest prize in the lottery's history.

The jackpot has been on the rise since the spring, when a $20 million prize was won in Syracuse, New York on April 18. Five other Mega Millions jackpots have been won this year, including a $1.348 billion haul in January, which was the second largest prize in the lottery game's history.

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Each weekday, The Daily Money delivers the best consumer news from Paste BN. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.