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00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists. Two winning tickets, one each from California and Georgia, were sold. If your prize is $500 or more, obtain a Claim Form from a Vermont Lottery sales agent location where Mega Millions is sold. Q: How many numbers are in Mega Millions?   A: Mega Millions has a number field of 70 numbers with the Mega Ball being drawn from a separate pool of 25 numbers. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. 00 lottery ticket that you buy    The first task is to construct a table where each row lists the winning combination, the payout, the probability of this payout, and the contribution to the expected return (Equals payout times probability.) The probabilities are the same ones we derived earlier.

The number of ways 5 numbers can be randomly selected from a field of 70 is: COMBIN(70,5) = 12,103,014. (See the math notation page or Help in Microsoft's Excel for more information on �COMBIN�).    For each of these 12,103,014 combinations there are COMBIN(25,1) = 25 different ways to pick the sixth number (the �Mega� number). It's strongly recommended that where there are large sums of money involved you seek expert tax advice. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately. Mega Millions jackpot winners will select their payment preference at the time of their prize claim.

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The first (The Big Game) Mega Millions drawing was held two days later, on May 17. WGN served as a default carrier of both major games where no local television station carried either multi-jurisdictional lottery's drawings. ABC News Yunji De Nies and Suzan Clarke report: Mega Millions fever is gripping the nation. 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 the Mega number is: COMBIN(1,1) = 1.

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Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. Current Mega Millions members[edit] As of October 2017, Mega Millions is available in 44 states and the District of Columbia ( in blue), plus the US Virgin Islands (not shown) Mega Millions replaced The Big Game in 2002 (see below for the evolution of the name Mega Millions). Or, match three or more 5/70 numbers to win prizes without the Mega Ball.

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Those who played "The Numbers", including from quick-picks, won $150 ($118 in California) in a non-Megaplier game; $600 with the multiplier.[46] The 12 original (before the 2010 cross-sell expansion) Mega Millions members have each produced at least one Mega Millions jackpot winner. If interest rates increased to 4 1/4 % the ratio would be 0. 2 Megaplier® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. And the chances of winning both, for those of you thinking really big? Match 1 out of 5 White numbers and match the Mega number (Payout = $4)    The number of ways 1 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,1) = 5. The game costs $2 a ticket and is played by picking five numbers from a set of 70 and one Mega Ball number from a set of 25. Winning numbers may be viewed on WCAX, channel 3 at 11 pm (ET) or by visiting . Mega Millions lottery jackpot analysis shows the amount a grand prize winner would actually get after federal and state taxes are withheld from the prize money. ... Just the Jackpot wagers are not eligible to win any other prize (non-Grand Prize) in the Mega Millions game.The new game picks 5 balls out of 70 and one ball out of 25. 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. 0%      45,154,305        1,505,144          6,195,375   6. All prizes of $10,000 and above are reduced 40% to allow for federal and state taxes. With the exciting new "Play It Again" feature, New Jersey Lottery retailers can simply scan your ticket to produce a new one for the same game, numbers, and wager amount.