So you picked up a Mega Millions ticket and hope to convert yourself into a millionaire tonight? Then don't forget to tune in at 11 p.m. Eastern Time, which is when the draw for the $25 million jackpot is set to take place at the studios of WSB-TV, Atlanta's ABC affiliate.

If you're lucky enough to hit the jackpot and want to take home every last penny, the total prize will be paid out in annual installments over a 29-year period. Otherwise, you have the option of an immediate payout of a lump sum of about $16 million.

The lottery's winning numbers from the last drawing on March 31 were 8, 26, 41, 61 and 73; the Mega Ball number was 11; and the Megaplier number was 5, according to the game's official website. The estimated jackpot had been $20 million, but no one matched the winning Mega Millions numbers on that day, MLive noted.

The highest payouts, thus, were two $1 million wins for players in New York and California; they matched five numbers -- but not the Gold Mega Ball, the website added.

Mega Millions drawings take place every Tuesday and Friday, and the draw entry closes at 10:45 p.m. Eastern Time. Tickets to 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.

If those figures sound discouraging, you might want to consider a recent case from England, where a retired truck driver and his wife just managed to win a $1.5 million lottery -- for the second time, the Associated Press reported.

For good measure, David and Kathleen Long also took home a car in the EuroMillions Mega Friday Draw. They beat odds of 283 billion to 1, lottery operator Camelot said .

If you want to find out how close you are to a similar feat, you can watch a live stream of the Mega Millions drawings at 11 p.m. Eastern Time below.