Mega Millions jackpot hits \$206 million

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PHOENIX -- The holiday season is a time for dreaming and today, \$1 spent on a Mega Millions lottery ticket could make all of those dreams come true. The jackpot for Tuesday night's drawing is an estimated \$206 million. The cash option for that prize is just under \$152 million.

This is the first time the jackpot has gone above \$200 in the past six months. Back in March, the jackpot climbed all the way to \$319 million. Seven co-workers in Albany, NY took home that money.

There have been 12 jackpot winners in 2011, none of them from Arizona.

According to the Arizona Lottery, the 10 most-drawn white balls in the Mega Millions game are 19, 20, 10, 12, 45, 48, two, four, 11 and 31. The most drawn gold ball is nine. The five least-drawn white balls are seven, 25, eight, 41 and 42. The least-drawn gold ball is two.

When it comes to picking your numbers, you have three options.

You can let the computer choose for you. You can choose your own numbers according to whatever formula you like. The last option is for you to choose either the white numbers or just the Megaball number and let the computer pick the rest.

There are nine winning combinations in the Mega Millions game with prizes starting at \$2.

Odds of winning the whole enchilada, which means matching all five white balls plus the gold ball, are 1 in slightly less than 176 million. Odds of winning something in the game -- anything from \$2 on up -- are approximately 1 on 40.

This \$206 million jackpot has been rolling over since Nov. 4. The last big jackpot was \$78 million on Nov. 1. The single winning ticket in that drawing was sold in California.

If you have not yet bought your Mega Millions ticket, you have until 7:59 p.m. Arizona time to get it done.

If there is a winner in Tuesday night's drawing, the jackpot will reset to \$12 million. If nobody picks the winning numbers, the jackpot will roll over to Friday's drawing.

A total of 41 other states and the District of Columbia also offer the Mega Millions game. Arizona joined Mega Millions on April 18, 2010.

While Arizonans have won smaller prizes in the game, no jackpot-winning ticket has been sold in Arizona.

What would you do with \$206 million? Tell us below!