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Dec 16, 2013 10:28 PM

Mega Millions Jackpot Climbs To $586 Million

DES MOINES, Iowa (AP) - The Mega Millions jackpot inched toward a U.S. lottery record Monday as it soared to $586 million amid a frenzy of ticket purchases, raising the possibility that the prize could pass the once-unthinkable $1 billion mark by Christmas Eve should nobody win before then.

Paula Otto, executive director of the Virginia Lottery and lead director for Mega Millions, said ticket sales are ahead of projections for Tuesday's drawing, increasing the likelihood it could shatter the current record of $656 million, set in a March 2012 Mega Millions drawing.

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