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Before the agreement, the only stores which sold Mega Millions and Powerball tickets were retailers whose business was on a border between jurisdictions which sold competing games. See also[edit] Notes[edit] External links[edit] Official website Telemarketing and Telephone Services: Prizes & Sweepstakes on U.

But to obtain the one-time, lump-sum cash option -- which comes to $281. A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments.

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It's time to play the new Mega Millions The Millions are more Mega than ever! Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. Each game play on a ticket now costs $2, just like its biggest competition, Powerball.

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However, unlike Powerball, Mega Millions has a $3 "Just the Jackpot" option that gives players two tickets, but only pays out if the player wins the jackpot. Mega Millions officials may reduce prize levels for Mega Millions and/or Megaplier in the event that an unanticipated number of winner claims exceed the available prize fund for a given draw. Taxes will subsequently be subtracted/withheld from these payments.)    If  you take an immediate cash payment instead of the 30 year annuity, you will get about one half (before taxes) of the advertised "annuity" value of the game. The Big Game Mega Millions[edit] The Big Game Mega Millions logo following the addition of the name Mega Millions Ohio and New York joined The Big Game consortium on May 15, 2002, when the game was renamed The Big Game Mega Millions, temporarily retaining the old name and the original "gold ball" logo.

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The product of these is the number of ways you can win the Jackpot:  COMBIN(5,5) x COMBIN(1,1) = 1. 5 Million 10/16/2012 Sandeep Singh Hyannis, MA $52 Million 7/27/2012 Bladimir & Marita Agnite Fremont, CA $218. ABC News Yunji De Nies and Suzan Clarke report: Mega Millions fever is gripping the nation. After that, depending on the jurisdiction you're in, you may have even more to pay back. One ticket from Indiana won the jackpot; the winner chose the cash option.[18] Mega Millions' fourth-largest jackpot, $414 million, was for the March 18, 2014 drawing. Your overall chances of winning any prize are 1 in 24. If you play a number every drawing because you think it is due, you could be chasing it for many months. Before the January 31, 2010 cross-sell expansion, Mega Millions was the only multi-jurisdictional lottery whose drawings were carried nationally, instead of airing only on stations in participating jurisdictions. Relatively hot numbers are more likely to hit, but don't forget to include at least one long shot number in your group of 5.