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Get to Know the Megaplier in Three Steps Select the Megaplier box on your Mega Millions ticket. Mega Millions still holds the record for the 2nd largest jackpot in the world after it had the top spot for years. Smart Luck strategies show you how to understand and use historical data. Man Who Wins $5 Million Just One Year After Taking Home $100,000! 79 % chance that you will get back $64 or less 58.

Read about Mega Millions prizes and odds of winning. History[edit] The Big Game[edit] The Big Game logo prior to the Mega Millions name change. 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. 24698 (Used for before taxes, non Jackpot, cash value calculations) Thus, for each $2. Add the Megaplier option for an extra $1 per line of play and multiply your winnings up to five times the original amount (excluding jackpot).

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The first three lotteries to join Mega Millions were Washington (in September 2002), Texas (in 2003) and California (in 2005); California was the last addition to Mega Millions before the cross-sell expansion of 2010. This leaves an expected after tax value of the jackpot of $0. 00 that you spend for Mega Millions tickets, you can expect to get back about $1. These lotteries offered the "Just the Jackpot" option upon the format change: Georgia, Hoosier Lottery, Kansas, Massachusetts, Nebraska, New Jersey, New Mexico, New York, Ohio, South Dakota, Texas, Virginia, Wisconsin, and Wyoming. The annuity—which was 20 annual payments (no cash option was available) when The Big Game began—changed from 26 equal yearly installments to 30 graduated annual payments (increasing 5 percent yearly) with the format change on October 19, 2013.

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With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun. The calculated value of a ticket includes the possibility that you will share the Jackpot with someone else.    The first calculation is: �What is the probability that the jackpot will be won?� This is simply (1. Match 4 out of 5 White numbers and match the Mega number (Payout = $10,000)    The number of ways 4 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,4) = 5. Tickets must be claimed no later than 180 days after the draw date.

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Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. How to Find Winning Mega Millions® Numbers Each Tuesday and Friday evening at 11 PM (ET), a drawing will be held to determine that evening's winning numbers. The product of these is the number of ways you can get this configuration:  COMBIN(5,0) x COMBIN(65,5) x COMBIN(1,1) = 8,259,888. Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas. 04 % chance that you will get back $280 or less 99. 000000003304961888, which yields �One chance in 302,575,350�. 2 Megaplier® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. The key to Smart Luck's successful lotto number selection methods is playing the probabilities. Click on the link below and fill out the subscription form. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets. 97. (And you paid $3 for this privilege.)    Percentile Expected Returns on Ticket Purchases    The average return per $2. Includes past winning numbers, random number generator, game analysis, how and where to play.