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00 ticket includes the extremely low probability that you might win a large prize � for example $10,000 or more. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. 24698 (Used for before taxes, non Jackpot, cash value calculations) Thus, for each $2. In Mega Millions, with two drawings a week, a set of five numbers plus the Gold Mega Ball has a chance of being drawn once every 2,909,378 years!!!

In a 70-number game like Mega Millions, numbers 1 to 35 would be in the low half, and numbers 36 to 70 would be in the high half. 0416757 as a probability of winning something.  1 divided by 0. REBEL Wilson could be awarded millions of dollars in damages after her epic court win against Bauer Media.

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Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions. Concise Table of Mega Millions Odds (Mathematical derivation below)  Ticket Matches      Payout           Odds               Probability --------------------------------------------------------------------- 5 White + Mega      Jackpot    1 in 302,575,350. 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. 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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But randomly drawn numbers form patterns that can be tracked and used to our advantage. If the results of these random number selections match one of the winning combinations on your lottery ticket, then you win something. TICKET SALES & REDEMPTION No ticket sales during these times: TUE & FRI: 7:30 P. In October 2009, an agreement between Mega Millions and MUSL allowed all U.

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Most participating lotteries' wagers are terminal-generated; however, "Just the Jackpot" wagers in Kansas and Texas allow the player to choose their numbers, while Wisconsin players must ask for a terminal-generated ticket. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. 4 Million 11/5/2013 Edward Shaw Oceanside, CA $1 Million 11/1/2013 Sandra Castro Fort Stockton, TX $0. 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 numbers were 28,30,39,59,70 and the Mega Ball was 10. In the revised format, players chose 5 of 75 white ball numbers, and the "Gold Ball" number out of 15.