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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. For the rest of this web page, we will just refer to these exact values as "about one half" instead of the above exact values.    As an example of scaling for different sized Jackpots, if the interest rate is 4% and the advertised annuity Jackpot is $300,000,000, then multiply the results in the 4% row by 3 to get the corresponding instant cash payout amount or annual annuity payout amounts.

On March 6, 2007, the Mega Millions jackpot reached $390 million,[10] which is the record for the third largest jackpot in U. Each game play on a ticket now costs $2, just like its biggest competition, Powerball. Generally (an exception is Virginia), minors can win on tickets received as gifts; the rules according to each Mega Millions member vary for minors receiving prizes. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. Find out about Mega Millions prizes and odds of winning here. The feature will be available for the next midday or evening draw, depending on when your ticket is purchased.

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For payout information of all participating states please visit www.megamillions.com. 00 cash for the "privilege" of participating in this (con) game. If you have a match with your main numbers, your prize gets multiplied by the active Megaplier multiple (2x, 3x, 4x, 5x). View ➞ Colorado Lottery App The Colorado Lottery’s mobile app is the golden ticket of apps – it costs you nothing and is worth millions.

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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. ... 5 Billion jackpot has now beaten Mega Millions for the world-record highest jackpot spot.

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The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)."[3][4][5][16] [17] Mega Millions' third-largest jackpot, $540 million, was for the July 8, 2016 drawing. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. The bad news is that you paid $3 to get something worth $1. The 11 Mega Millions lotteries without Megaplier on the January 31, 2010 cross-selling date gradually added the multiplier option; by January 2011, all Mega Millions lotteries, except for California, offered the Megaplier. The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. Mega Millions drawings are held Tuesday and Friday at 11:00 pm ET. The minimum jackpot was then $15 million, with rollovers of at least $5 million. No other win is paid out, and some jurisdictions do not offer this option. This helps protect winners’ lifestyle and purchasing power in periods of inflation. Never choose all five numbers from one number group, such as all single digits, or all teens, or all 20's, etc. The current Mega Millions format began in October 2013; the game will use a different double matrix as of October 2017. Individually, the five white balls, several seconds apart, drop through a hole in the bottom of the mixing drum.