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5 Million Monday, March 26, 2018 2-9-23-47-54-3 Top Prize: Thursday, March 29, 2018 $1,000/Day for Life Tuesday, March 27, 2018 7-18-32-33-5 Next Jackpot: Friday, March 30, 2018 $1.Difference Between Cash Value and Annuity If you win a Mega Millions jackpot, you will choose how to be paid: Cash Option or Annual Payout. Nebraska (March 20, 2010), Oregon (March 28, 2010), Arizona (April 18, 2010), Maine (May 9, 2010), Colorado and South Dakota (the latter two on May 16, 2010) also have joined Mega Millions since the expansion. However you get 2 tickets which brings the expected value up to $1. The Megaplier continues to be drawn by Texas Lottery computers, as California does not offer the multiplier. Currently, most drawings are emceed by the full-time host of Georgia Lottery drawings, John Crow, with Brian Hooker the main substitute host.

The Gold MEGA Ball number is marked on a separate set of 25 numbers on your bet slip and should be chosen separately. However, almost all jackpot winners take the cash option that is paid in one lump sum that, on average, is 60% of the advertised jackpot. Mega Millions' fifth-largest jackpot annuity value ($390 million) was for the March 6, 2007 drawing.

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Man Who Wins $5 Million Mega Millions jackpot winners will select their payment preference at the time of their prize claim. As a consequence, the probabilities of a single Jackpot winner will be somewhat lower and the probabilities of no winner or multiple winners will tend to be slightly higher than the numbers shown below. It's true that the more numbers you wheel, the easier it is to trap the winning numbers in your chosen group.

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For a typical jackpot of $100 million, the initial payment would be about $1. Drawings[edit] Drawings are usually held at the studios of WSB-TV in Atlanta, Georgia.[1][38] The original host was WSB's chief meteorologist, Glenn Burns. Combination       Cash Payout       Probability      Contribution ----------------------------------------------------------------- 5 White + Mega    $228,000,000      3. The current Mega Millions format began in October 2013; the game will use a different double matrix as of October 2017.

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Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. Mega Millions' previous format began on October 19, 2013; its first drawing was three days later. Tickets are $2.  Powerball, meanwhile, creeped up to $384 million. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. But, this is still a very popular game due to the draw of very high jackpots. If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0. An unreadable barcode could delay payout of a winning ticket if it cannot be scanned. The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24. 41 % chance that you will get back $68 or less 69. Upon winning the jackpot the player may choose, following ticket validation, either the annuity payment option or the cash payment option. The catch is that the player is ineligible to win any of the many smaller prizes. Get to Know the Megaplier in Three Steps Select the Megaplier box on your Mega Millions ticket.