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Man Who Wins $5 Million Just One Year After Taking Home $100,000! The probability of success is thus: 8,259,888/302,575,350  = 0. Decide if you want to include the Megaplier or take the Just the Jackpot option, if it's available in your jurisdiction.

5 to 1 � which would be an increase of 1 ticket in play for every $2 increase in the annuity Jackpot.)    For example, if the preceding game had an advertised annuity payout amount of $200,000,000 and the current game has an advertised annuity payout amount of $250,000,000, then there are about 250,000,000 - 200,000,000 = 50,000,000 tickets in play for the current game. (Past Jackpot amounts can be seen at: . Record jackpots (listed by cash value)[edit] Revenue[edit] Approximately 50% of Mega Millions sales is returned to players as prizes; the remainder is split (each lottery has different rules regarding these funds) among retailers, marketing, and operations, as well as the 46 jurisdictions offering the game; different lotteries uses the proceeds in different ways.[41] Miscellany[edit] In the aftermath of the attack on the World Trade Center on September 11, 2001, the legislature in Albany, fearing a monumental loss of revenue, passed legislation the following month, which was signed by Governor George Pataki, which included joining a multi-jurisdictional lottery game. 4 1-2-3-4-5 AVOID: playing the combination 1-2-3-4-5 or other popular sets of numbers. After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments.

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Combination       Cash Payout       Probability      Contribution ----------------------------------------------------------------- 5 White + Mega    $228,000,000      3. Jackpots could be claimed only via the annuity option. The fourth matrix change occurred in June 2005, which was when California joined the game. This leaves a �bonus contribution multiplier� of just 2. The Euro Millions Lottery should be called the Millionaire Factory! 95 Lottery Wheels USE BALANCED WHEEL® SYSTEMS Balanced Wheeling® Systems allow you to bet a large group of numbers (more than 5), play scientific combinations of that group of numbers, and get a specific minimum win guarantee.

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Concise Table of Mega Millions Odds (Mathematical derivation below)  Ticket Matches      Payout           Odds               Probability --------------------------------------------------------------------- 5 White + Mega      Jackpot    1 in 302,575,350. We will use this number for each of the following calculations. How to Play Mega Millions To play Mega Millions, a lotto player chooses five numbers (White Balls) from 70 numbers, and then selects one Gold MEGA Ball number from 1 to 25. 6 million — which is about the same as the first prize jackpot odds of a 6/48 game. However, unlike Powerball, Mega Millions has a $3 "Just the Jackpot" option that gives players two tickets, but only pays out if the player wins the jackpot.

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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. The first (The Big Game) Mega Millions drawing was held two days later, on May 17. If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0. 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. Custom Game Alerts Easy Second-Chance Entries Exclusive Events & Contests Sign Up for MyLottery CLAIM WINNINGS Think you’re a winner? 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). The first machine continued to hold white 52 balls, while 16 gold balls were added in the second, meaning there were 52 numbers to pick from in both parts of each $1 game.