(NEW YORK) — The Mega Millions jackpot is now up over a billion dollars. No one won the third-largest Mega Millions prize that was up for grabs in last night’s drawing, so the jackpot has once again rolled over. Friday’s drawing is now up to $1.02 billion with a whopping $602.5 million dollar cash option.

Lottery winners have two options, take the money as a lump sum payment or annuity payments over 29 years.

Most winners usually take the lump sum payments, but record inflation has complicated matters, experts said.

“If we believe that inflation will be here for a while, then you may want to consider taking the annuity versus taking the lump sum,” tax and estate planning attorney Kurt Panouses told ABC News’ Deirdre Bolton.

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