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Prizes and odds (2013-2017 version): 5 numbers plus the Mega Ball (5+1): 1 in 258,890,850 5 numbers but not the Mega Ball (5+0): 1 in 17,259,390 4+1: 1 in 739,688 4+0: 1 in 52,835 3+1: 1 in 10,720 3+0: 1 in 766 2+1: 1 in 473 1+1: 1 in 56 Mega Ball only: 1 in 21[12] The odds for winning the $1 prize, 1 in 21, reflected the possibility of matching at least one of the white balls, as well as the Mega Ball. 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. View ➞ Luckiest NumbersGame Tool Is your lucky number all that lucky? Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. The product of these is the number of ways you can get this configuration:  COMBIN(5,3) x COMBIN(65,2) x COMBIN(24,1) = 499,200.

In certain states, such as Wisconsin, your numbers will be generated by the terminal. Kentucky has since added "Just the Jackpot", with other lotteries potentially adding it. To find out the expected return, we construct a table to calculate the average expected multiplier.

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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. 79 % chance that you will get back $64 or less 58. Beginning with the October 22, 2013 drawing, the second-tier prize (Match 5 + 0) is increased by 2, 3, 4 or 5 times when Megaplier is purchased. Justin Sullivan/Getty Images Powerball and Mega Millions lottery tickets are displayed, Jan.

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000001074 4 White No Mega         500    1 in 38,791. 62. (All actual calculations used full precision)    If there are 300,000,000 tickets in play, then we divide the $251,590,404. For example, in the combination 5-8-32-43-66, there are no 10's, 20's, 50's, or 70's. Until January 2016, the game held the honour of generating the third-largest lottery jackpot in the world, after three winning ticket holders split a top prize of $656 million in March 2012.

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Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner[1] (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option. All high numbers or all low numbers are rarely drawn, occurring only 3% of the time. 1569 (Used for after tax calculation) Total for last 8 rows                                  0. 3 LOTTERY NUMBER GROUP STRATEGIES PLAY: numbers from groups that have been very cold and are just becoming active Look at a list of past Mega Millions winning combos, and you'll see that there can't be every number group represented. The holders of each ticket also chose the cash option. Match 3 out of 5 White numbers and match the Mega number (Payout = $200)    The number of ways 3 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,3) = 10. Winning and probability[edit] Former Mega Millions odds (October 19, 2013 – October 27, 2017):[20] The probability and odds can be taken into a mathematical perspective: The probability of winning the jackpot (through October 27, 2017) was 1:(75C5) x (15); that is: 75 ways for the first white ball times 74 ways for the second times 73 for the third times 72 for the fourth times 71 for the last white ball divided by 5 x 4 x 3 x 2 x 1, or 5!, and this number is then multiplied by 15 (15 possible numbers for the "Megaball"). 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.