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It's strongly recommended that where there are large sums of money involved you seek expert tax advice. The jackpot winner has 180 days after the drawing to claim the money. 2 or more numbers repeated occurs less than 4% of the time. Two tickets, one each from Georgia and New Jersey, won $195 million (annuity value) each.

Cash option: A one-time, lump-sum payment that is equal to the cash in the Mega Millions jackpot prize pool.Buying draw games can be as simple as these three little words…"Play it again"! 00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists.

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Thus it is probable that all you will ever get back from your ticket purchases are piddling small amounts.     The percentages for these small amounts can be calculated. Many times, more than the minimum 3 of the number groups are not represented. Louis, MS $536 Million 7/8/2016 Warren D, LLC Cambridge City, IN $1 Million 7/8/2016 Marcus Gonzalez Sharon, MA $1 Million 7/5/2016 Dana Pelletier Coral Gables, FL $5 Million 6/17/2016 Billy's Bunch Harrisville, RI $1 Million 6/10/2016 Wilmington co-workers Wilmington, NC $1 Million 5/27/2016 Richard Hopper Sr. The game costs $2 a ticket and is played by picking five numbers from a set of 70 and one Mega Ball number from a set of 25. 000001074 4 White No Mega         500    1 in 38,791. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease.

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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. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. Match 4 out of 5 White numbers but not match the Mega number (Payout = $500)    The number of ways 4 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,4) = 5. Cash or annuity payment choice must be made within 60 days of claiming the prize. Cash Value of a Game    If you win the Jackpot, you have the option of either accepting 30 annuity payments (A cash amount that is paid annually), or you can take a lump sum "cash value" payment.

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Around the same time, for entirely different reasons, Ohio's governor also gave the green light to joining a multi-jurisdictional game. Match 0 out of 5 White numbers and match the Mega number (Payout = $2)    The number of ways 0 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,0) = 1. For the November 15, 2005 drawing, a group called "The Lucky 7" held the only jackpot-winning ticket, purchased in Anaheim, California, winning $315 million. IT REALLY WORKS!!" Lonnis & Janice Eavey Win with Lotto Software and Books See all Smart Luck lottery software and lotto books or the full lottery product guide and list of best lottery software and books for your state to use for Mega Millions. A strong desire for a goal that is charged with positive energy, attracts a positive response, especially when every effort is made to attain that goal - anyone can win Mega Millions prizes with the right strategies and attitude. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. Treat the five mega million white balls as you would any pick-5 game. Other designs such as patterns of initials or numbers or crosses also get heavy play.