January is almost over, and for most of us, a few more zeroes in our bank accounts would make for the perfect end to the new year's first month.

And it's perfect timing, too, since the Mega Millions jackpot has risen to a solid $48 million. To find out it's truly your lucky day, you will want to tune in at 11 p.m. ET, which is when the draw for tonight's grand prize is set to take place at the studios of WSB-TV, Atlanta's ABC affiliate.

Lump sum payout at $30 million

Let's say you hit the jackpot and want to take home every last penny. In that case, the total prize will be paid out to you in annual installments over a 29-year period. Otherwise, you also have the option of an immediate (triple-digit) lump sum payout of "only" about $30 million.

The lottery's winning numbers from the last drawing on Jan. 22 were 21, 25, 40, 46 and 56; the Mega Ball number was 3; and the Megaplier number was 5, according to the game's official website. The estimated jackpot had been $39 million, but no one matched the winning Mega Millions numbers on that day.

The latest drawing did not produce any new millionaires given that the multistate lottery reported that no lucky player matched five numbers, which would have yielded $1 million. With the Megaplier option, which is used in some states and allows players to increase non-jackpot prize winnings by 2, 3, 4 or 5 times, that prize could have even been as high as $5 million.

Lottery available in most jurisdictions

Mega Millions drawings take place every Tuesday and Friday, and the draw entry closes at 10:45 p.m. ET. Tickets for the game are sold in 43 states, the District of Columbia and the U.S. Virgin Islands - a total of 45 jurisdictions. The odds of winning any prize are about 1 in 15, but your chances of hitting the jackpot are only about 1 in 259 million.

So if you want to find out how close you are to hitting the jackpot and settling into a life of luxury, then click here to learn how to watch the Mega Millions drawings at 11 p.m. ET.

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