The life-sized Lotto Max balls spread the word about the record-breaking Lotto Max $60 million jackpot plus 53 Max Millions up for grabs on Oct. 19, 2018. (CNW Group/OLG)

Record-breaking $113 million Lotto Max jackpot up for grabs

This is Canada’s highest top prize offering ever and includes 53 Max Millions

There’s a lot of money up for grabs tonight during Friday’s Lotto Max jackpot draw.

In fact, it’s a record-breaking amount of an estimated $113 million – the main prize of $60 million plus an additional 53 separate Max Millions prizes worth $1 million each.

Tonight’s Canadian jackpot draw coincides with two U.S. lottery draws also taking place this weekend with combined winnings of more than $1 billion – one of the largest lottery prizes ever to be given away in the United States.

Lottery officials increased the grand prize just hours ahead of the Friday night drawing. The prize climbed from $970 million.

RELATED: Vancouver Island tickets win big in last week’s Lotto Max draw

Although the jackpot keeps increasing , the odds of winning remain stuck at a miserable one in 302.5 million.

The prize has grown so large because no one has hit the jackpot since July 24, when a group in California won $543 million.

The $1 billion prize refers to the annuity option. Most winners opt for cash, which for Friday night’s drawing would be $565 million.

Officials say that if there isn’t a winner, the prize for Tuesday night’s drawing would be $1.6 billion, tying the largest U.S. lottery prize.

In Canada, the odds of winning LOTTO MAX are 1 in 28 million. While this chance may seem slim, it’s better than our neighbours south of the border that have a 1 in 258 million chance of winning.

Last week three residents of B.C. won Max Million prizes, with all three tickets being purchased on Vancouver Island.

– With files from the Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

BIZ BEAT: Port Alberni pet stores going to the dogs

Animal Ark and Bosley’s add dog washing stations

Second fatal crash occurs in Alberni Valley

Traffic on Highway 4 is being re-routed as investigators are en route

Sproat Lake first responder ‘was a firefighter right until her passing’

Emergency personnel line Port Alberni street with honour guard for one of their own

Port Alberni RCMP officers bear sprayed by suspect

Officers bear sprayed while responding to scene of traffic accident

UPDATE: One confirmed dead in Port Alberni motor vehicle accident

Burde Street remains closed as RCMP’s collision analysis team investigates

TOTEM 64: Alberni’s basketball tournament celebrates history

Both Alberni District Secondary School teams placed third in Totem tournament

Razor burn: Gillette ad stirs online uproar

A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash

Feds poised to bolster RCMP accountability with external watchdog

Long-anticipated move is the latest attempt at rebuilding the force following years of sagging morale

Canada needs a digital ID system, bankers association says

The Department of Finance last week officially launched its public consultation on the merits of open banking

Indigenous energy summit includes session on pipeline ownership options

Steven Saddleback of the Indian Resource Council says a session will feature presentations on financing models

Japanese grand champion Kisenosato retires from sumo

The 32-year-old Kisenosato was the first Japanese-born wrestler in 19 years to gain promotion to sumo’s highest rank

UPDATE: Accused B.C. high school killer found fit to stand trial

Gabriel Klein is accused in the 2016 stabbing death of Letisha Reimer at Abbotsford Senior Secondary

Right-wing, neo-Nazi, white supremacist groups an increasing concern: Goodale

Ten people died in April 2018 when Alek Minassian allegedly drove a rental van down the busy stretch in Toronto

Canadian stock exchanges to conduct lottery for ‘POT’ ticker amid high demand

The symbol became available after fertilizer Potash Corp. officially merged with Agrium Inc. in early 2018

Most Read