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If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. Mega Millions Stats Odds: 1 in 302,575,350 Jackpot: Minimum $40 million Pick Size: Pick-5 + Pick-1 Powerball type Where to Play: 44 States, DC, and U. Prize Draw Information Last Jackpot Mega Millions Numbers (Last 10 Draws) Mega Millions Odds & Prize Draw Breakdown Lottery Odds Mega Millions Draw Details Mega Millions is drawn on the following days Mega Millions History The Mega Millions game has a complex history, which has seen five matrix changes, a name change and several revisions to its prize tiers. A player choosing this option is not eligible for any of the eight lower-tier prizes; therefore, the Megaplier option is not available for Just the Jackpot wagers.

In 2013, Wyoming became the 44th state to establish a lottery; the next year, it began, initially offering both Mega Millions and Powerball. Mega Millions winning tickets in Florida and Maryland for $400M jackpot - Duration: 0:39. Match 3 out of 5 White numbers but not match the Mega number (Payout = $10)    The number of ways 3 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,3) = 10. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. 97. (And you paid $3 for this privilege.)    Percentile Expected Returns on Ticket Purchases    The average return per $2.

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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 the Mega number is: COMBIN(1,1) = 1. 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. Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax. If you want to see the claim period of a specific jurisdiction, you can do so by checking out the table below.

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Concise Table of Mega Millions Odds (Mathematical derivation below)  Ticket Matches      Payout           Odds               Probability --------------------------------------------------------------------- 5 White + Mega      Jackpot    1 in 302,575,350. 52 % chance that you will get back $572 or less 99. The Kicker is another extra $1 option, but it is available only to players in Ohio.

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999999996695 COMBIN(N,K)  = number of ways to select K items from a group of N items x   =  multiply terms ^   =  raise to power (e.g.  2^3 = 8 ) Sample Calculation to Find the Expected Cash Ticket Value Considering the Number of Tickets That are in Play    For this example we will assume the cash value of the Jackpot is $400,000,000 (The advertised value of Jackpot would be about double this.) and there are 300,000,000 tickets in play for the current game. Mike Segar/Reuters A vendor who sells lottery tickets hangs a sign for the Powerball drawing at a news stand in midtown Manhattan, Jan. Mark the Megaplier box on your play slip or ask the clerk to add the Megaplier option. Those who played "The Numbers", including from quick-picks, won $150 ($118 in California) in a non-Megaplier game; $600 with the multiplier.[46] The 12 original (before the 2010 cross-sell expansion) Mega Millions members have each produced at least one Mega Millions jackpot winner. 97. (And you paid $3 for this privilege.)    Percentile Expected Returns on Ticket Purchases    The average return per $2. Your play slip does not constitute evidence of a ticket purchase or of numbers selected. For the calculations below, an advertised "annuity" value for the Jackpot of $100,000,000 is assumed. (The $100,000,000 could be your share of a shared Jackpot.) The amounts in the table can be directly scaled for any arbitrary Jackpot size. (All amounts are BEFORE taxes.) Interest    Immediate      First Payment      Last Payment   Rate     Cash Payout    If Take Annuity    If Take Annuity   3. 0 to get the expected return if you buy the �Megaplier� option. (0. VIEW ALL GAME TOOLS MEGA MILLIONS PAYOUTS & ODDS OF WINNING Jackpot starts at $40 million. 5%      56,062,409        1,505,144          6,195,375   4. Buy your lottery ticket online or in stores for Mega Millions number drawings held every Tuesday and Friday! 7 Million 5/26/2015 Charles Messenger Salinas, CA $1 Million 5/22/2015 Peter Marino Everett, MA $1 Million 5/8/2015 Carolyn Keras Steubenville, OH $1 Million 4/28/2015 Kansas winner Wichita, KS $1 Million 4/21/2015 Charles Bibbs Henrico, VA $1 Million 4/21/2015 South Carolina winner Columbia, SC $1 Million 4/17/2015 Fred Morgan Detroit, MI $5 Million 4/3/2015 David Kalanik Oakland County, MI $0.