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Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. Draws are held every Tuesday and Friday at 11:00 PM (ET) with a cutoff of 9:50 PM to purchase tickets for that evening's draw. View one of Gail Howard's winner stories: Cynthia C won 2nd prize in Mega Millions, all 5 winning numbers without the Mega Ball. F. **The jackpot prize will be shared among jackpot winners in all MEGA MILLIONS states. **The jackpot prize will be shared among jackpot winners in all MEGA MILLIONS states. See how many times your favorite numbers have been drawn, and take your best guess of what will be drawn next.

Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. The bad news is that you paid $3 to get something worth $1. 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. The probability of success is thus: 499,200/ 302,575,350 = 0.

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The overall probability of winning any prize was 1 in 14. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2.

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It's time to play the new Mega Millions The Millions are more Mega than ever! You can win a Mega Millions prize just for matching the Mega Ball alone, and prizes increase the more regular number winners you match with the Mega Ball. Of the 46 Mega Millions jurisdictions, all but California offer an option, called Megaplier (plays with the Megaplier are $3 each) where non-jackpot prizes are multiplied by 2, 3, 4, or 5.

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Mega Millions With rolling jackpots starting at $40 million, Mega Millions is more exciting than ever! California Numbers news and information including the latest California Numbers results. ... 62. (All actual calculations used full precision)    If there are 300,000,000 tickets in play, then we divide the $251,590,404. Add the Megaplier option for an extra $1 per line of play and multiply your winnings up to five times the original amount (excluding jackpot). Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3.