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Mega Millions With rolling jackpots starting at $40 million, Mega Millions is more exciting than ever! If we follow the 700 million ticket row to the right until we reach the $600 million column, we find an expected cash jackpot value of $1. Jackpots start at a minimum of $40 million and there are eight more prize tiers rewarding players who match fewer numbers. The first machine continued to hold white 52 balls, while 16 gold balls were added in the second, meaning there were 52 numbers to pick from in both parts of each $1 game. 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.

The highest jackpot on record for this game was already more than half a billion!) The odds of winning second prize for $1,000,000 are one in 12. 02 % chance that you will get back $554 or less 99. Both winners chose the cash option, with each share $116,557,083 before withholdings.[11] 2010 cross-sell expansion[edit] The New Jersey Lottery, among others, in early 2009 announced it would seek permission to sell Powerball tickets alongside Mega Millions. Mega Millions offers a $40 Million starting jackpot and a second-tier ...

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Q: Is 2 numbers worth anything in Mega Millions?   A: You can get a prize for matching 1 white ball with the gold mega ball, but not for matching just 2 white balls alone. Balanced Wheels® force all the winning numbers that are in your group to come together to give you at least one prize if some or all of the winning numbers are in your chosen group.

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Treat the five mega million white balls as you would any pick-5 game. 6 million — which is about the same as the first prize jackpot odds of a 6/48 game. The number of ways the 3 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,3) = 43,680.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. Taxes If your Mega Millions ticket nets you more than $5,000, you'll be expected to pay 25% Federal tax right off the bat.

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Learn More About the Mega Millions Game Odds of Winning Mega Millions What are your chances of winning the Mega Millions? Record jackpots (listed by cash value)[edit] Revenue[edit] Approximately 50% of Mega Millions sales is returned to players as prizes; the remainder is split (each lottery has different rules regarding these funds) among retailers, marketing, and operations, as well as the 46 jurisdictions offering the game; different lotteries uses the proceeds in different ways.[41] Miscellany[edit] In the aftermath of the attack on the World Trade Center on September 11, 2001, the legislature in Albany, fearing a monumental loss of revenue, passed legislation the following month, which was signed by Governor George Pataki, which included joining a multi-jurisdictional lottery game. Learn More About the Mega Millions Game Odds of Winning Mega Millions What are your chances of winning the Mega Millions? 00 cash for the "privilege" of participating in this (con) game. Taxes If your Mega Millions ticket nets you more than $5,000, you'll be expected to pay 25% Federal tax right off the bat. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. No other win is paid out, and some jurisdictions do not offer this option. 1 REPEATED NUMBER COMBINATIONS AVOID: number combinations that have been drawn before. We’re looking forward to Saturday’s $570 million Powerball jackpot. The minimum age to purchase a Mega Millions ticket is 18, except in Arizona, Iowa and Louisiana, where the minimum is 21, and in Nebraska; its minimum is 19. The Megaplier multiples do not alter or affect the jackpot amount. Two tickets, one each from Florida and Maryland, split the prize; both sets of winners chose the cash option, splitting $230. However, almost all jackpot winners take the cash option that is paid in one lump sum that, on average, is 60% of the advertised jackpot.