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This helps protect winners’ lifestyle and purchasing power in periods of inflation. Cancellation Policy Mega Millions cannot be cancelled. 71, including the base $1 prize for a "Mega Ball"-only match.

1 Jackpot Option - payment option as designated on the winning ticket(s) CVO = Cash Value Option AP = 30 Annual Payments* *The Grand/Jackpot Prize is paid in 30 annual graduated installments. The number of ways your fifth initial number can match any of the 65 losing White numbers is COMBIN(65,1) = 65.  The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. Find out the latest Mega Millions winning numbers, as well as information and previous results for one of North America's largest multi-state lotteries. If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0. The Megaplier multiples do not alter or affect the jackpot amount.

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The number of ways 5 numbers can be randomly selected from a field of 70 is: COMBIN(70,5) = 12,103,014. (See the math notation page or Help in Microsoft's Excel for more information on �COMBIN�).    For each of these 12,103,014 combinations there are COMBIN(25,1) = 25 different ways to pick the sixth number (the �Mega� number). The recommended wheeling systems for Mega Millions are pick-5 Balanced Wheels® like those in Wheel Five Gold. Rules vary according to the applicable laws and regulations in the jurisdiction where the ticket is sold, and the winner's residence (e.g. if a New Jerseyan wins on a ticket bought near their workplace in Manhattan). The Megaplier option remained; the 5x multiplier was added. The product of these is the number of ways you can win the Jackpot:  COMBIN(5,5) x COMBIN(1,1) = 1. Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments.

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If you play only the calendar numbers, you are missing out on more than half the number field, and your tickets will be very unbalanced. And the chances of winning both, for those of you thinking really big? The number of ways your fifth initial number can match any of the 65 losing White numbers is COMBIN(65,1) = 65.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1.

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Overall odds of winning are approximately 1 : 24. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning. With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun. If any skip from 0 to 5 did not occur, play the Lotto numbers that are out that many games. (Help working with lotto games skipped.) Advantage Gold: use Chart B to quickly find games out information and which numbers are best to play. The following analysis assumes the annuity value of the Jackpot is $2 Billion (that�s a �B�) and there are 600 million tickets in play. What all lottery players should know if they win over $1B Mega Millions, Powerball jackpots Powerball jackpot surpasses half-billion dollar mark after no winning tickets sold Mega Millions jackpot jumps to $418 million "Congratulations to Florida on their big jackpot win," Mega Millions lead director and Maryland Lottery chief Gordon Medenica said in a statement. "This has been an exciting run for Mega Millions players and a great way to start off the new year! Q 127: How do I pick the best numbers to use for just the Mega Ball? For example if the cash value of the jackpot is $400,000,000 and there are 300,000,000 tickets in play, then the ticket�s expected cash value is fractionally under $1.