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Annual payments for Mega Millions® are not equal. Thus the "expected value" of your $2 ticket will be on the left side of the table unless the advertised Jackpot is over One $Billion. (That's a "B")    We can also see what happens to the expected value of a ticket if a buying frenzy should develop at this point. The Megaplier continues to be drawn by Texas Lottery computers, as California does not offer the multiplier. The jackpot is $306 million.  There is a one-time cash option of $193 million.   If there is no winner, the next drawing will be Tuesday, Jan. 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. The increased popularity of the game led to an additional Tuesday draw being introduced in February 1998.

It is assumed that the number selections on each ticket are picked randomly. And the chances of winning both, for those of you thinking really big? 5 Million Monday, March 26, 2018 2-9-23-47-54-3 Top Prize: Thursday, March 29, 2018 $1,000/Day for Life Tuesday, March 27, 2018 7-18-32-33-5 Next Jackpot: Friday, March 30, 2018 $1.Difference Between Cash Value and Annuity If you win a Mega Millions jackpot, you will choose how to be paid: Cash Option or Annual Payout. 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.

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On January 31, 2010, Mega Millions expanded to include the 23 MUSL members; as of that date, 35 jurisdictions were participating in Mega Millions. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene. Decide if you want to include the Megaplier or take the Just the Jackpot option, if it's available in your jurisdiction. Except for the 2010 cross-selling expansion, this was the only time The Big Game or Mega Millions simultaneously added more than one member. Naperville, IL $1 Million 1/13/2015 Lucky 13 Lotto Club Ypsilanti, MI $5 Million 1/13/2015 Michael & Nancy Baker Sun City West, AZ $1 Million 1/13/2015 Joel McKinzie Lake Crystal, MN $1 Million 1/9/2015 Baker’s Dozen + 3 Waterbury, CT $1 Million 1/9/2015 The Fabulous Five Charleston, WV $1 Million 12/30/2014 Sandra McDonald Woodbridge, VA $0. The most recent additions to Mega Millions were the U.

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Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas. How to Claim ➞ IT'S EASY TO PLAY PICK YOUR NUMBERS Choose 5 from 70 and 1 from 25 numbers for Mega Millions.

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00 cash for the "privilege" of participating in this (con) game. 02 % chance that you will get back $554 or less 99. You can now use existing tickets to purchase new tickets printed with your same favorite numbers! Play your personal numbers if you feel these lucky numbers are good to play, but include a few high numbers so that you win a prize that's worth something (not shared with many other winners) if your numbers hit. 0856. (And remember, you paid $2 for this ticket.)    These calculations can be used to form a table that shows the expected cash return per ticket ( = expected cash value per ticket). Mega Millions® Matches, Prizes and Odds (based on a $2 play) Overall odds of winning a prize are approximately 1:24 *If there are multiple winners of the Jackpot on any given drawing, the prize money will be divided equally among all the winners. 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. 1 REPEATED NUMBER COMBINATIONS AVOID: number combinations that have been drawn before. The probability of success is thus: 3,385,200/302,575,350  = 0. 0856. (And remember, you paid $2 for this ticket.)    These calculations can be used to form a table that shows the expected cash return per ticket ( = expected cash value per ticket). Eastern Time on Tuesday and Friday evenings, including holidays.[1] Mega Millions is administered by a consortium of its 12 original lotteries;[2] the drawings are held at the studios of WSB-TV in Atlanta, Georgia,[1] supervised by the Georgia Lottery. Before the January 31, 2010 cross-sell expansion, Mega Millions was the only multi-jurisdictional lottery whose drawings were carried nationally, instead of airing only on stations in participating jurisdictions.