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494. (The after tax return would be less than this.) Just the Jackpot    The new version of Mega Millions provides still another way to play the game.  You can pay $3 for 2 quick picks that only participate in the Jackpot prize. (You don't have to worry about matching any of the other combinations.)    If there is an advertised Jackpot of $1 billion then the cash value of the Jackpot is about $500 million. For the November 15, 2005 drawing, a group called "The Lucky 7" held the only jackpot-winning ticket, purchased in Anaheim, California, winning $315 million. 1 Jackpot Option - payment option as designated on the winning ticket(s) CVO = Cash Value Option AP = 30 Annual Payments* *The Grand/Jackpot Prize is paid in 30 annual graduated installments. In Lotto, the Trend is Your Friend The shortest, easiest way to search for lotto numbers that have the greatest probability of winning is to track the trends. And the chances of winning both, for those of you thinking really big?

1 Jackpot Option - payment option as designated on the winning ticket(s) CVO = Cash Value Option AP = 30 Annual Payments* *The Grand/Jackpot Prize is paid in 30 annual graduated installments. Mega Millions offers a $40 Million starting jackpot and a second-tier ...

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The odds of winning or sharing a Mega Millions jackpot (2013-2017 version): 1 in about 258. Be sure your ticket accurately reflects the numbers you want to play. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. Man Who Wins $5 Million Find Mega Millions winning Lottery numbers and Lottery payouts at the official PA Lottery website. And be sure to play with people you actually know.

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Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. Choose from multiple California lottery games including MEGA Million, POWERBALL, and SuperLotto Plus. For example, in the combination 5-8-32-43-66, there are no 10's, 20's, 50's, or 70's. Haverhill, MA $1 Million 8/7/2015 Sara Hupp Champion, MI $1 Million 8/4/2015 Maryland Redskins Fan Glen Burnie, MD $25 Million 7/31/2015 Raul Ahumada Noel, MO $153 Million 7/21/2015 Steven Peloquin Mechanicsville, VA $3 Million 7/10/2015 Gang of Fourteen Woolwich, ME $3 Million 7/7/2015 Phyllis Roller Beebe, AR $1 Million 7/3/2015 Sandra Goines and Mickey Regan Newport, KY $1 Million 6/26/2015 The Awesome Eight Broadway, VA $5 Million 6/12/2015 Andy Ciaccio Herndon, VA $1 Million 6/12/2015 Tom Cook Salem, VA $1 Million 6/5/2015 Jay Cranney Sandy, UT $1 Million 6/2/2015 Janice Rovner Amherst, NY $1 Million 6/2/2015 Charlie Thur Burgaw, NC $3 Million 6/2/2015 Don Wilson South Chesterfield, VA $262 Million 6/2/2015 John Williams and Neal Logue Blue Island, IL $1 Million 6/2/2015 Anthony Fusaro Plymouth, MN $1 Million 6/2/2015 Henry “Calvin” Nash Mableton, GA $2.

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If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. 82 % chance that you will get back $74 or less 78. The best piece of advice regarding tax laws is: If you win a large amount of money playing the lottery, get in touch with the relevant jurisdiction officials to advise you on what you'll be expected to pay. 2 Billion.)    Thus the game has been transformed into 700 million tickets in play for a cash jackpot that is now worth $600 million.