The monetary option comes to around 250.4 million dollars.
If no one is lucky enough to win, the amount of the jackpot will increase for the next drawing.
There is a one in 302,575,350 chance that a player will walk away with the jackpot, as stated on the game's official website.
Players have the option of selecting six numbers from two distinct pools of numbers (five unique numbers ranging from 1 to 70 and one number ranging from 1 to 25).
When a player's numbers match all six of the ones that were drawn, that player takes home the jackpot.
Winners of the jackpot have the option of taking their winnings in a single lump amount or receiving 30 yearly instalments.