Nearly all grand prize winners opt to take a cash payout, which for Friday night’s drawing is an estimated $549.7 million.

The Mega Millions jackpot rose to $1.22 billion after no one managed to hit all six numbers on Christmas Eve. The Friday night drawing comes with a cash option of $549.7 million. If it's won,

The winning ticket for the $1.22 billion Mega Millions jackpot sold in California, the first time the grand prize was won in more than three months.