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CASH IN ON THE LUCK OF OTHERS When you form a Lotto pool, your group is also pooling its aggregate luck. 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. Of course you get to pay taxes on any large payout, so your net return is even less.

Montana, offering Powerball before the expansion date, became the 24th lottery to offer the Megaplier, followed by Nebraska (the 25th), Oregon (the 26th), Arizona (as the 27th) and Maine (as the 28th lottery to offer the Megaplier option). 01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware.

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In May 1999, New Jersey joined The Big Game, the only jurisdiction to enter as a participant before The Big Game became Mega Millions in 2002. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately. On Tuesday and Friday nights, the Mega Millions live drawings take place during the 11 p.m. news on your official New York Lottery TV drawing station.

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When you realize that the entire population of the United States is over 323 million and the odds of winning the Mega Millions jackpot are one in 303 million, it is a mystery why anyone would buy a lottery ticket for this game and have any expectation of winning the jackpot. (If the jackpot IS hit too often for the Mega Millions lottery officials, the next name change will probably be MEGA BILLIONS! A similar shutdown happened in Minnesota on July 1, 2011. 82 % chance that you will get back $74 or less 78. 5 Million 11/18/2014 Jaylene Smith San Jose, CA $1 Million 11/4/2014 John Manganiotis Saddle Brook, NJ $326 Million 11/4/2014 Harold Diamond Wurtsboro, NY $4 Million 11/4/2014 Margaret Clark Coram, NY $0. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene. The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24. (Pick any of the 24 losers.) Thus there are COMBIN(5,5) x COMBIN(24,1) = 24 possible combinations.

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The Powerball winning numbers will be drawn on Saturday at 10:59 p.m. 1569 for the smaller prizes (no taxes for prizes under $10,000) so $0. 1 Million 3/10/2015 Gloria Swanigan San Pedro, CA $126 Million 2/27/2015 Tammy Pratt South Fallsburg, NY $3. 0005 Total for last 6 rows                                   0. The total of these 30 payments will approximately equal the advertised size of the Jackpot. (This assumes you are a single winner and not sharing the Jackpot with someone else. The Megaplier continues to be drawn by Texas Lottery computers, as California does not offer the multiplier. View one of Gail Howard's winner stories: Cynthia C won 2nd prize in Mega Millions, all 5 winning numbers without the Mega Ball. 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.