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Decide if you want to include the Megaplier or take the Just the Jackpot option, if it's available in your jurisdiction. Mega Millions players in some states have an extra ticket option called "Just the Jackpot." For $3 players will get two chances instead of one to win the top prize. As a practical matter, it is unlikely that you will ever buy enough tickets (fork out enough money) to ever have much of a chance for any of the large prizes. Mega Millions officials may reduce prize levels for Mega Millions and/or Megaplier in the event that an unanticipated number of winner claims exceed the available prize fund for a given draw. 1 Jackpot Option - payment option as designated on the winning ticket(s) CVO = Cash Value Option AP = 30 Annual Payments* *The Grand/Jackpot Prize is paid in 30 annual graduated installments.

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). Draw up an agreement and have the members of your pool sign it. Be sure to include the game(s) you want, your name and your mailing address. Mega Millions offers a $40 Million starting jackpot and a second-tier ... As a consequence, the probabilities of a single Jackpot winner will be somewhat lower and the probabilities of no winner or multiple winners will tend to be slightly higher than the numbers shown below.

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Custom Game Alerts Easy Second-Chance Entries Exclusive Events & Contests Sign Up for MyLottery CLAIM WINNINGS Think you’re a winner? A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements. Don�t forget that a large prize will throw you into a top tax bracket.    First, we check the expected value of a ticket in the table that we calculated earlier. Mega Millions' previous format began on October 19, 2013; its first drawing was three days later.

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Nebraska became the 37th Mega Millions participating member on March 20, 2010, followed by Oregon as the 38th member on March 28, Arizona as the 39th member on April 18, and Maine as 40th Mega Millions participant on May 9, 2010. 5 Million 2/14/2014 Rondal & Eumeka Saxton Los Angeles, CA $1 Million 2/7/2014 Randy Brown Man, WV $0. Payouts through October 18, 2013: Overall probabilities: 1 in 755 of winning any of the top six prizes,[20] 1 in 40 of winning any prize.[32] In California, prize levels are paid on a parimutuel basis, rather than the fixed lower-tier amounts for winners in other Mega Millions jurisdictions. 5 billion.[14] three jackpot-winning tickets had been confirmed (Illinois, Kansas, and Maryland).[15] Mega Millions' second-largest jackpot, $648 million, was for the December 17, 2013 drawing. If we follow the 700 million ticket row to the right until we reach the $600 million column, we find an expected cash jackpot value of $1. 52 % chance that you will get back $572 or less 99.

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The jackpot winner has 180 days after the drawing to claim the money. If we divide the result by the 302,575,350, we get . Multi-State Lottery Mega Millions prize payout amounts and odds of winning. First Mega Millions copies Powerball's game format, then tries to replace it as America's Favorite Lottery Game. 99 ~= 120,000,000 tickets purchased that did not win the Jackpot. ("~=" means "approximately equal to") Alternately, there were about 120,000,000 - 5,000,000 ~= 115,000,000 tickets that did not win anything. We then multiply the average extra expected return for all the sub-prizes (previously calculated) by this 2. For example, in the combination 5-8-32-43-66, there are no 10's, 20's, 50's, or 70's. Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. Total ticket cost will depend on the number of panels and draws you play and if you select the Megaplier option.