Record-breaking $2.3 BILLION lotto up for grabs

It's the third highest US jackpot in lottery history and Aussies can try their luck in the massive draw.

Aussies are being given the incredible but slim opportunity to win more than $2.3 billion as the US Mega Millions reaches a record jackpot.

While Australians can't directly purchase a ticket in a US lottery, they can go through one of several registered agencies which purchase a matching ticket for them in the overseas draw. The Mega Millions jackpot has been climbing since mid-April and the next draw of US$1.55 billion will take place on Wednesday afternoon (AEST).

The chances of winning the massive jackpot are less than one in 300 million.

A photo of someone buying a lottery ticket at a store. Another photo of cash ahead of the US Mega Millions.
One Aussie could pocket $2.3 billion in the US Mega Millions lotto which closes at 10am on Wednesday AEST. Source: Getty/AAP

The Mega Millions jackpot is the third largest lottery jackpot in US history. The largest was the US Powerball jackpot of $US2.04 billion (A$3.1 billion) won last November. The biggest Australian Powerball jackpot was $160 million reached last October, with the prize being shared by three winning entries.

An Australian is yet to win an overseas jackpot but they have claimed several large minor prizes in overseas draws.

"With our track record of two winners in the past three weeks, we have high hopes of yet another lucky Aussie taking home a prize!" The Lottery Office, CEO Jaclyn Wood, said in a statement.

How does it work?

"When our customers win, we pay them the exact amount of the winnings we collect from the overseas lottery ticket," Ms Wood confirmed.

If a player's ticket matches all six winning numbers from the drawing, they'll win the jackpot. "Even second or third division prizes can be huge," Ms Wood said.

If no one takes out the big jackpot, the prize pool will continue to grow until someone does. Tickets for the draw close on Wednesday at 10am AEST.

If gambling is a problem for you, go to Gambling Help Online or call 1800 858 858.

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