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MEGA MILLIONS: $400 Million Jackpot Friday

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The next Mega Millions drawing is coming up Friday and the Iowa Lottery says a giant jackpot is up for grabs.

The jackpot is estimated at $400 million, which is the 5th biggest lottery jackpot ever. The cash value of the prize after taxes is $216.4 million.

The jackpot has been growing since October with no tickets matching all five numbers and the Mega Ball.

The lottery says big jackpots have been a holiday trend for the last four years. On January 4, 2011 a Mega Millions jackpot worth $380 million was split by winners in Idaho and Washington. In December of 2011 a New York man won a $206 million jackpot playing Mega Millions. At the end of November in 2012 two winning tickets were sold for a $587.5 million prize.

You can buy tickets for Friday’s drawing until 8:59 p.m. that day.