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Annuity Option winners will be paid in 30 annual installments unless otherwise indicated by the Commission. **Subject to published Multi-State Lottery Association Rules, the prize amounts indicated here may be modified. How to Play Mega Millions and Its Odds & Prizes Steps on Taking Part in Mega Millions Pick five main numbers from a set of 1-70 and one Mega Ball number from a set of 1-25. 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 practice, many people pick numbers based on family birthdays, etc., and thus many tickets will have a preponderance of low numbers. Cash prizes from $500 to $5,000 can be claimed at any People's United Bank in Vermont.

If this is representative of what happened at Mega Millions headquarters, I extend my deepest sympathy to their computers. Smart Luck strategies show you how to understand and use historical data. 02 % chance that you will get back $554 or less 99. 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. For example if the cash value of the jackpot is $400,000,000 and there are 300,000,000 tickets in play, then the ticket�s expected cash value is fractionally under $1.

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In October 2017, Mega Millions underwent another series of matrix changes to arrive at its current format, together with detailed alterations to its prize structure. Versions of (The Big Game) Mega Millions[edit] Versions of The Big Game and Mega Millions have used different matrices: Megaplier[edit] Mega Millions players have the option to activate a multiplier, called Megaplier, in 45 of its 46 jurisdictions; it is functionally similar to Powerball's Power Play. (Neither Megaplier nor Power Play are offered in California because its state penal code distinguishes between a "lottery" in which the bank cannot be "broken", and a "banked game" whose bank theoretically could be broken; only a "lottery" was authorized by the state Lottery Act.) By doubling the wager in a Mega Millions game to $2, players have an opportunity to multiply any non-jackpot prize by 2, 3, 4 or 5. Vermont Mega Millions Megaplier® For an extra $1 per play, you can multiply your Mega Millions prize by 2, 3, 4 or 5 times the original prize amount (for all prizes except the jackpot). The Mega Millions jackpot resets to its new starting value of $40 million ($25 million cash) for the next drawing on Tuesday. Mark the Megaplier box on your play slip or ask the clerk to add the Megaplier option.

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The probability of success is thus: 7,800/302,575,350 = 0. The following analysis assumes the annuity value of the Jackpot is $2 Billion (that�s a �B�) and there are 600 million tickets in play.

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The ticket was worth over $211 million annuity (the cash option was chosen). How to Claim ➞ IT'S EASY TO PLAY PICK YOUR NUMBERS Choose 5 from 70 and 1 from 25 numbers for Mega Millions. The holder of the Georgia ticket claimed the next morning; they selected the cash option, which amounted to $173,819,742. Jackpots increase by a minimum of $5 million each time there is no winner. The Powerball jackpot and Mega Millions jackpots are both over $400 million at the same time for the first time. The first (The Big Game) Mega Millions drawing was held two days later, on May 17. 9 Million 12/12/2014 Young Soon Cho Los Angeles, CA $1 Million 12/5/2014 Mark Paul Chicopee, MA $0.