Updated 04:13 PM EST, Thu, Nov 27, 2014
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Mega Millions Numbers & Results February 25, 2014: Live Stream of Drawing Time; $195M Jackpot

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Mega Millions lottery ticket
A mega million lottery ticket is shown in this illustration photograph in San Diego, California December 11, 2013. The U.S. Mega Millions jackpot grew to an estimated $400 million for the next draw on Friday after no one won the top prize of $344 million on Tuesday evening, lottery organizers said. The next draw is slated for Friday, Dec. 13 - considered an unlucky date by some - at 11 p.m. E.T (Photo : REUTERS/Mike Blake)

If you're a Mega Millions ticket holder, then get ready for the Tuesday, Feb. 25 lottery jackpot drawing, which has soared to a whopping $195 million.

The jackpot winner will have a choice of how they would like to be paid. They could choose the "Cash Option" and receive a one-time, lump sum payment of $107 million, or they can choose the "Annual Payout" option, which provides annual payments over a 26-year period, according to the Mega Millions website.

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The overall odds of winning any prize are about 1 in 15, but the odds of winning the jackpot are about 1 in 259 million.

Mega Millions drawings take place every Tuesday and Friday after the draw entry closes at 10:45 p.m. EST. Tickets are sold in 42 states plus the District of Columbia and the U.S. Virgin Islands. The winning numbers are drawn at WSB-TV in Atlanta, Ga.

The Mega Millions winning numbers from the Feb. 21 drawing were 23, 29, 32, 45, 46 and the Mega Ball number was 15. There was no lucky winner for the $172 million jackpot, but two people won the $1 million prize. There were also 62 Match 4 + 1 winners who walked away with $5,000. Each $5,000 lottery winner matched four out of five white Mega Millions winning numbers, and the gold Mega Ball number.

For a national, interactive map of where tickets may be purchased, head over to the Mega Millions Where to Play page.

You can also watch a live stream of the lottery drawings at 11 p.m. EST below:

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