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If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. Nebraska (March 20, 2010), Oregon (March 28, 2010), Arizona (April 18, 2010), Maine (May 9, 2010), Colorado and South Dakota (the latter two on May 16, 2010) also have joined Mega Millions since the expansion. In May 1999, New Jersey joined The Big Game, the only jurisdiction to enter as a participant before The Big Game became Mega Millions in 2002. Mega Millions Lottery: Latest Results Mega Millions results show the five main lucky numbers and Bonus Number (Mega Millions calls it the Mega Ball). Roughly one in 75 quadrillion -- that's 15 zeros -- according to data scientists at Allstate.  To understand how unlikely those odds are, it's worth comparing them to the probability of other unlikely events.

We’re looking forward to Saturday’s $570 million Powerball jackpot. 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.

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9 Million 6/16/2017 Eliseo Gutierrez West Covina, CA $1 Million 6/6/2017 Samuel Smith Bridge City, LA $1 Million 5/23/2017 Barry Griffing Dallas, TX $1 Million 5/19/2017 Rose Ditano Penhook, VA $1 Million 5/19/2017 Tomas Aguilar Everett, MA $1 Million 5/9/2017 Hayward Phillips Chesapeake, VA $1 Million 5/2/2017 Reginald Davis Manakin Sabot, VA $61 Million 4/28/2017 David Trapp Laguna Hills, CA $1 Million 4/28/2017 Kimberly Bryan Richland County, OH $177 Million 3/31/2017 Eliberto Cantu Lubbock, TX $1 Million 3/28/2017 David Breen Middleboro, MA $1 Million 3/10/2017 Thomas Broadstock Port Clinton, OH $1 Million 1/24/2017 Anthony Frabotta Rochester Hills, MI $1 Million 12/27/2016 Janet & Charles Leisure Virginia Beach, VA $1 Million 12/27/2016 South Carolina winner Charleston, SC $1 Million 12/13/2016 Barbara Jones Cordova, TN $5 Million 12/13/2016 Linda Evans Dry Fork, VA $1 Million 10/11/2016 Maria Melendez Alexandria, VA $1 Million 9/9/2016 Wenceslao Leiva-Mena Manhattan, NY $1 Million 8/23/2016 Mirella Honovic New Hyde Park, NY $5 Million 8/16/2016 Reg Abare Barre, VT $1 Million 8/5/2016 Donnie Alonzo Bronx, NY $1 Million 8/2/2016 Mountaineer 26 Morgantown, WV $3 Million 7/26/2016 James Riddle Montgomery County, OH $7. Visit the official Pennsylvania Lottery website for the latest PA Lottery winning Lottery numbers & game information. ... all prizes are pari-mutuel, meaning payouts are based on sales and the number of winners. Kyle (of the Virginia Lottery.) The Big Game initially was drawn weekly, on Friday. 5 Million 11/18/2014 Jaylene Smith San Jose, CA $1 Million 11/4/2014 John Manganiotis Saddle Brook, NJ $326 Million 11/4/2014 Harold Diamond Wurtsboro, NY $4 Million 11/4/2014 Margaret Clark Coram, NY $0.

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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. 0%      52,053,422        1,505,144          6,195,375   4. In practice, many people pick numbers based on family birthdays, etc., and thus many tickets will have a preponderance of low numbers. Mike Segar/Reuters A vendor who sells lottery tickets hangs a sign for the Powerball drawing at a news stand in midtown Manhattan, Jan. History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery.

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Concise Table of Mega Millions Odds (Mathematical derivation below)  Ticket Matches      Payout           Odds               Probability --------------------------------------------------------------------- 5 White + Mega      Jackpot    1 in 302,575,350. Draws take place in Atlanta, Georgia, on Tuesdays and Fridays, at 11 p.m. Vermont Mega Millions Megaplier® For an extra $1 per play, you can multiply your Mega Millions prize by 2, 3, 4 or 5 times the original prize amount (for all prizes except the jackpot). These lotteries offered the "Just the Jackpot" option upon the format change: Georgia, Hoosier Lottery, Kansas, Massachusetts, Nebraska, New Jersey, New Mexico, New York, Ohio, South Dakota, Texas, Virginia, Wisconsin, and Wyoming. Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas. Mega Millions still holds the record for the 2nd largest jackpot in the world after it had the top spot for years. When you realize that the entire population of the United States is over 323 million and the odds of winning the Mega Millions jackpot are one in 303 million, it is a mystery why anyone would buy a lottery ticket for this game and have any expectation of winning the jackpot. (If the jackpot IS hit too often for the Mega Millions lottery officials, the next name change will probably be MEGA BILLIONS! Web page generated via Sea Monkey's Composer HTML editor within  a Linux Cinnamon Mint 18 operating system.Mega Millions at a Glance Mega Millions is one of the two large multi-state lottery games played in the U. For each of these, the probability of winning equals the number of winning combinations for that particular configuration divided by the total number of ways the Mega Millions numbers can be picked. The Big Game was the brainchild of lottery directors Rebecca Paul (of the Georgia Lottery) and Penelope W. Find out just how much you will get from the Powerball and Mega Millions lotteries. There are nine ways to win a prize, from $2 to the jackpot. ABC News Yunji De Nies and Suzan Clarke report: Mega Millions fever is gripping the nation. The total of these 30 payments will approximately equal the advertised size of the Jackpot. (This assumes you are a single winner and not sharing the Jackpot with someone else. The holders of each ticket also chose the cash option. For a copy of the winner's list, please email us at customer.service@lottery.state.tx.us.