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This numeric result is approximately equal to the number of tickets in play. (Technically, this 1 to 1 ratio is variable. 00 ticket includes the extremely low probability that you might win a large prize � for example $10,000 or more. 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. 62 by 300,000,000 to get an average cash Jackpot payout per ticket of $0. View ➞ Luckiest StoresGame Tool See how lucky your local retailer really is with our easy-to-use tool. Players were now required to match five from 52 plus one from 52 to win the jackpot.

Match 3 out of 5 White numbers and match the Mega number (Payout = $200)    The number of ways 3 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,3) = 10. October 2017 format/price point change[edit] On October 28, 2017, the price of a Mega Millions play doubled, to $2; the first drawing under the current price point was October 31, 2017. Otherwise, you'll be spending MORE money chasing a SMALLER guaranteed prize.

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The Kicker is another extra $1 option, but it is available only to players in Ohio. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene.

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And the chances of winning both, for those of you thinking really big? The matrix changed for the third time in May 2002 in order to generate bigger jackpots by making the game harder to win. The overall probability of winning any prize was 1 in 14.

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For example: If 200,000,000 tickets are in play for a Mega Millions game, then there is a 0. If there are no jackpot winners for a specific drawing, the jackpot will keep increasing, however, the odds will still remain the same. Winning the Mega Millions Jackpot The Mega Millions jackpot now starts at $40 million, but most often grows from that into a very large jackpot since the game is played in so many states and is so difficult to win. This numeric result is approximately equal to the number of tickets in play. (Technically, this 1 to 1 ratio is variable. Decide if you want to include the Megaplier or take the Just the Jackpot option, if it's available in your jurisdiction. S. lotteries, including New Jersey's, to offer both games. Both winners chose the cash option, with each share $116,557,083 before withholdings.[11] 2010 cross-sell expansion[edit] The New Jersey Lottery, among others, in early 2009 announced it would seek permission to sell Powerball tickets alongside Mega Millions. Then a single number (the Mega Number) is picked from a second pool that has 25 numbers. CASH IN ON THE LUCK OF OTHERS When you form a Lotto pool, your group is also pooling its aggregate luck. 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. 5 Billion jackpot has now beaten Mega Millions for the world-record highest jackpot spot.