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Record jackpots[edit] The largest Mega Millions jackpot, advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. 999999996695 COMBIN(N,K)  = number of ways to select K items from a group of N items x   =  multiply terms ^   =  raise to power (e.g.  2^3 = 8 ) Sample Calculation to Find the Expected Cash Ticket Value Considering the Number of Tickets That are in Play    For this example we will assume the cash value of the Jackpot is $400,000,000 (The advertised value of Jackpot would be about double this.) and there are 300,000,000 tickets in play for the current game. The best mix is to have 3/2 or 2/3 which means three high and two low, or two high and three low. It's strongly recommended that where there are large sums of money involved you seek expert tax advice.

09.    The following table shows the "Expected Before Taxes Cash Value" of a $2. Note: See for the version of the game that was valid before October 31, 2017.

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8 Million 3/1/2016 Maureen Wilson Temecula, CA $1 Million 2/16/2016 Maxine Miller Plainview, NY $1 Million 1/26/2016 Louise Ritenour Winchester, VA $1 Million 1/19/2016 John Rehm Dexter, MI $1 Million 1/19/2016 Nina Kochneva & family Brooklyn, NY $169 Million 1/8/2016 Nancy Viola Staten Island, NY $1 Million 1/5/2016 Jason Klingel Bohemia, NY $1 Million 12/22/2015 Julisa Sosa East Windsor, NJ $1 Million 12/18/2015 Kansas winner Topeka, KS $1 Million 12/11/2015 Armando Alvarez Baltimore, MD $1 Million 12/8/2015 Lawrence Kopczyk Howell, MI $1 Million 12/1/2015 Silvia Rosales Revere, MA $1 Million 11/27/2015 Ramon Rosario Pleasantville, NJ $1 Million 11/24/2015 The Baldwin Seven Kearney, NE $1 Million 11/20/2015 Betty Downs, Mike Hartman Burlington & Winfield, IA $5 Million 10/30/2015 South Carolina winner Chester, SC $1 Million 9/18/2015 Maryland Army Veteran Baltimore County, MD $106 Million 9/11/2015 Five NY/NJ friends Yonkers, NY $1 Million 9/11/2015 Michael Hicks Comstock Park, MI $1 Million 8/21/2015 Daryl B. The probability of success is thus: 325/302,575,350  = 0. 02 % chance that you will get back $554 or less 99.

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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. Tickets In Play        < - - - -   Cash Jackpot Size in Millions   - - - - > In Millions   100   200   300   400   500   600   700   800   900  1000 -----------------------------------------------------------------------      100     0.

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The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. 3rd largest Jackpot - December 17, 2013, the jackpot almost beat the record, reaching $648 million, which was split between 2 winners. The odds of winning all those hundreds of millions are one in 302,575,350 (most recently up from 1:258,890,850). The increased popularity of the game led to an additional Tuesday draw being introduced in February 1998. Visit the official Pennsylvania Lottery website for the latest PA Lottery winning Lottery numbers & game information. ... all prizes are pari-mutuel, meaning payouts are based on sales and the number of winners. The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. Garza Brownsville, TX $1 Million 12/17/2013 Jesse Whitley Bethlehem, GA $1 Million 12/17/2013 Thu Ha Thi Tran Chicago, IL $324 Million 12/17/2013 Ira Curry Stone Mountain, GA $324 Million 12/17/2013 Steve Tran San Jose, CA $1 Million 12/17/2013 Amy Gourlay Niles, MI $1 Million 12/13/2013 City of Syracuse coworkers Syracuse, NY $1 Million 12/13/2013 John Morris Waterford, MI $1 Million 12/13/2013 Deanna Wilson Eastpointe, MI $1 Million 12/13/2013 Keith Robinson Manhattan, NY $1 Million 12/10/2013 Robert Rich Shelton, CT $1 Million 12/10/2013 Elie S. California's eight lower-tier Mega Millions prize pools are separate from those shared by the other 45 lotteries. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. These changes might affect the validity of certain statistical information shown across this site. The product of these is the number of ways you can get this configuration:  COMBIN(5,1) x COMBIN(65,4) x COMBIN(1,1) = 3,385,200. 50 Strategy Software Advantage Gold software makes all the charts for this game, to automate the process of choosing the best numbers to play. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. 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.