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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. The cash payout value for these lottoreport numbers would be about one-half the announced Jackpot annuity amount.) �N�   Number                           �K� of tickets         Number of tickets holding the Jackpot combination in play            0       1       2       3       4       5       6 ---------------------------------------------------------------------- 100,000,000     0. In most cases, a lottery joining Mega Millions on or after January 31, 2010 offered Powerball before the MUSL cross-sell expansion. CASH IN ON THE LUCK OF OTHERS When you form a Lotto pool, your group is also pooling its aggregate luck. This leaves an expected after tax value of the jackpot of $0.

So, the ROB (Return On Bet) is very poor for the other prize categories as well. 24698 to this amount to give an "expected before tax, cash value of $1. Q: Do you win anything for picking the mega ball number alone in Mega Millions?   A: Yes, getting just the gold mega ball as a winner on your ticket will win you a prize of $1, even if you do not have any of the main set of 5 white Mega Millions numbers. Decide if you want to include the Megaplier or take the Just the Jackpot option, if it's available in your jurisdiction. Learn More About the Mega Millions Game Odds of Winning Mega Millions What are your chances of winning the Mega Millions?

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The fourth matrix change occurred in June 2005, which was when California joined the game. And this is for an advertised $2 Billion Jackpot. Advantage Gold: use Chart A to see which numbers have hit as neighboring (consecutive) pairs, triads, or more. An unreadable barcode could delay payout of a winning ticket if it cannot be scanned. If interest rates increased to 4 1/4 % the ratio would be 0. Just the Jackpot wagers are eligible for the Mega Millions Grand Prize ONLY!

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Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments. Even four consecutive numbers is a very rare occurrence that, in most Lotto games, has never happened once.

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However, this has to be reduced by 40% for taxes. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. Both drawings were removed from WGN America in late 2014 when it ceased carrying WGN's newscasts.[39] Two machines are used in each Mega Millions drawing. Thus the "expected value" of your $2 ticket will be on the left side of the table unless the advertised Jackpot is over One $Billion. (That's a "B")    We can also see what happens to the expected value of a ticket if a buying frenzy should develop at this point. The jackpot prize shall be paid at the election of the player no later than 60 days after the player becomes entitled to the prize with either a per winner annuity or one-time cash payment. With the exciting new "Play It Again" feature, New Jersey Lottery retailers can simply scan your ticket to produce a new one for the same game, numbers, and wager amount. First Mega Millions copies Powerball's game format, then tries to replace it as America's Favorite Lottery Game. 24698 to this amount to give an "expected before tax, cash value of $1. If you drive one mile to the store to buy your Mega Millions ticket and then return home, you have driven two miles. 62. (All actual calculations used full precision)    If there are 300,000,000 tickets in play, then we divide the $251,590,404.