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The jackpot was shared by two tickets, both matching the numbers of 16-22-29-39-42 and Mega Ball 20. Of course you get to pay taxes on any large payout, so your net return is even less. The number of ways your fifth initial number can match any of the 65 losing White numbers is COMBIN(65,1) = 65.  The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24. 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. Probability values are from the �300,000,000� row above.

If the results of these random number selections match one of the winning combinations on your lottery ticket, then you win something. Not known is whether a second series of playslips would be printed for lotteries offering "Just the Jackpot" beginning after the October 28, 2017 format change. "Just the Jackpot" wagers and regular Mega Millions plays are printed on separate tickets. 9 million (as noted below, interest rates change, resulting in different ratios between the cash values and annuity values of jackpots). VIEW ALL GAME TOOLS MEGA MILLIONS PAYOUTS & ODDS OF WINNING Jackpot starts at $40 million.

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01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware. 3 Million 10/17/2014 Sean Ransom Inglewood, CA $1 Million 10/14/2014 Lisa Metz Hutchison, KS $1 Million 10/14/2014 Michael Schmitt Massapequa Park, NY $1. It's time to play the new Mega Millions The Millions are more Mega than ever!

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Mega Millions offers a $40 Million starting jackpot and a second-tier ... Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2.

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The largest Mega Millions jackpot ever won on a single ticket was $319 million on March 25, 2011. Presumably due to their experience with the Power Play option for Powerball, all 23 lotteries joining Mega Millions on January 31, 2010 immediately offered Megaplier to their players. Texas Lottery Commission only reports the payout information for Texas winners. If you choose the Just the Jackpot wager, you will only be eligible to win the jackpot prize. Elecia Battle made national headlines in January 2004 when she claimed that she had lost the winning ticket in the December 30, 2003 Mega Millions drawing.[43] She then filed a lawsuit against the woman who had come forward with the ticket, Rebecca Jemison. The most recent additions to Mega Millions were the U. The probability of success is thus: 3,385,200/302,575,350  = 0.