This holiday season, a lucky Mega Millions player might receive a $1.15 billion belated Christmas gift after no one won Tuesday’s jackpot.

The Mega Millions jackpot has skyrocketed to a nearly $1.15 billion after no customer bought a winning lottery ticket that matched all six numbers in the Christmas Eve drawing.

“We know that many people will likely receive tickets to Friday’s drawing as holiday gifts, and what a gift that would turn ...