The Mega Millions jackpot surged to $1.15 billion on Wednesday after no ticket matched the numbers drawn on Tuesday, the lottery said. The next drawing will take place on Friday at 11 p.m. ET, with the cash value of the jackpot estimated to be $516.

“We know that many people will likely receive tickets to Friday’s drawing as holiday gifts, and what a gift that would turn out to be if you ended up with a ticket worth a $1.15 billion jackpot,” Lead director for the Mega Millions Consortium Joshua Johnston said.