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When the jackpot is $50 million, each payment is half as big, etc. Note: This web page had over 50,000 hits for the large Jackpot on Jan. 5 PATTERN BETTING AVOID: playing a combination based on how the marked numbers look on your ticket Pattern betting is an even more popular method of marking bet slips, but it is not a good way to win Mega Millions. 7 Million 3/31/2015 Anthony Fazzini Oakley, CA $1 Million 3/27/2015 Charles Miller Roslyn, NY $1 Million 3/27/2015 Ricardo Abeyta Los Lunas, NM $58 Million 3/24/2015 Lucky 16 Trust Manhattan, NY $1 Million 3/24/2015 Anthony Paruolo King's Park, NY $1. Treat the five mega million white balls as you would any pick-5 game.

The Megaplier was made available to all Mega Millions jurisdictions in January 2011; it began as an option available only in Texas. In 2005, Mega Millions was the target of a mailing scam. The probability of success is thus: 1/302,575,350 = 0. 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. Just the Jackpot wagers are not eligible to win any other prize (non-Grand Prize) in the Mega Millions game.Bayonne, NJ $4 Million 11/17/2017 Steven Schultheis Franklin, MA $5 Million 10/27/2017 Gladys Salzwedel Oakley, MI $21 Million 10/13/2017 Kevin & Stephanie Blake Waterford, MI $1. It is difficult to know when a cold number will end a long losing streak.

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For a typical jackpot of $100 million, the initial payment would be about $1. 9 Million 2/4/2014 Carlos Cardenas Whittier, CA $1 Million 1/21/2014 Cynthia Radosavljevic Garfield Heights, OH $1 Million 1/17/2014 Ysmaille Castor Waldorf, MD $1 Million 1/14/2014 Hewlett-Packard Employees Andover, MA $1 Million 1/14/2014 Clarence Wright Greensboro, NC $61 Million 1/3/2014 Tina & Jonathan Still Nashville, TN $1 Million 12/24/2013 Elizabeth Parker Lombard, IL $1 Million 12/24/2013 Audel Acevedo Mesa, AZ $1 Million 12/20/2013 Fred Wagenhals Payson, AZ $1 Million 12/17/2013 Allen & JoAnn Cooke Columbus, NE $1 Million 12/17/2013 Denise N. Record jackpots[edit] The largest Mega Millions jackpot, advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012. Play the Illinois Lottery Mega Millions today to win big! The 2013-2017 version allocated about 68 percent towards the jackpot. "Just the Jackpot" option[edit] Each of the 46 Mega Millions participants, in preparation for the October 28, 2017 format change, were given the choice of offering a $3, two-game play (called "Just the Jackpot"). With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun.

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But to get the most leverage for your money, the optimum number of numbers to wheel is not more than four or five numbers over HALF the numbers in your game. This "guarantee" did not carry over to the following version of Mega Millions, although the $1 million second prize became $5 million if the Megaplier is 5x. This $800 million is divvied up multiple ways. (For example, see the 6 "winners" in the "3rd Thoughts" section at the end of this web page, allocations for the smaller prizes, etc.)    Only about $200 million of the new cash input goes to the Jackpot allocation. (The rate of increase in Jackpot amount for a given new cash input is based on historical Mega Million data which can be seen at ) (The increase in the advertised annuity would be about double this - or about $400 million.) The cash Jackpot is now worth $400 million plus $200 million = $600 million. (The advertised annuity value would be about double this - or about 1. 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. The probability of success is thus: 499,200/ 302,575,350 = 0. The product of these is the number of ways you can win the Jackpot:  COMBIN(5,5) x COMBIN(1,1) = 1.

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If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0. In Texas and most other locations, you can also choose to pay an addition $1 per game to multiply any non-jackpot prizes by 2x, 3x, or 4x with the Megaplier to increase your smaller winnings. The odds of winning the Mega Millions jackpot are 1 in 302. Follow the instructions on the Claim Form to submit your claim. The needy have a greater fear of losing the hard-earned money they gamble with. 00 ticket includes the extremely low probability that you might win a large prize � for example $10,000 or more. Annual payments for Mega Millions® are not equal. Combinatorics Calculations    In any combinatorics problem where all possible outcomes are equally likely, the probability of a successful outcome is determined by finding the number of successful combinations, and then dividing by the total number of all combinations. PLAY MULTIPLE DRAWINGS Buy up to 13 weeks (26 drawings) in advance. Most participating lotteries' wagers are terminal-generated; however, "Just the Jackpot" wagers in Kansas and Texas allow the player to choose their numbers, while Wisconsin players must ask for a terminal-generated ticket. 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.