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Thus the expected cash Jackpot payout by the lottery is $400,000,000 times 0. The product of these is the number of ways you can get this configuration:  COMBIN(5,4) x COMBIN(65,1) x COMBIN(24,1) = 7,800.

Cash Value of a Game    If you win the Jackpot, you have the option of either accepting 30 annuity payments (A cash amount that is paid annually), or you can take a lump sum "cash value" payment. The best piece of advice regarding tax laws is: If you win a large amount of money playing the lottery, get in touch with the relevant jurisdiction officials to advise you on what you'll be expected to pay. Note: This web page had over 50,000 hits for the large Jackpot on Jan.

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An average $228,000,000 cash payout (decline the annuity) is assumed for the Jackpot. (Could be your portion of a shared Jackpot.) (Note that this "cash payout" is about one half of the advertised Jackpot amount. Kyle (of the Virginia Lottery.) The Big Game initially was drawn weekly, on Friday. If you have a match with your main numbers, your prize gets multiplied by the active Megaplier multiple (2x, 3x, 4x, 5x).

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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. Thus the probability that you will join this statistical group is 2 x 1. The Texas Lottery owns the trademark to Megaplier.[8] On June 24, 2005, to commemorate California joining Mega Millions, that night's drawing was held in Hollywood, with Carrie Underwood assisting host Glenn Burns for the draw. 2017 version, the price of a ticket has been increased to $2 from $1. 5%      48,431,551        1,505,144          6,195,375   5. 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.

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5 PATTERN BETTING AVOID: playing a combination based on how the marked numbers look on your ticket Pattern betting is an even more popular method of marking bet slips, but it is not a good way to win Mega Millions. An unreadable barcode could delay payout of a winning ticket if it cannot be scanned. 4 1-2-3-4-5 AVOID: playing the combination 1-2-3-4-5 or other popular sets of numbers. Mega Millions still holds the record for the 2nd largest jackpot in the world after it had the top spot for years. The "Big Money Ball" became the "Mega Ball." While the game's name was altered, the yellow ball in the new Mega Millions logo continued to read "The Big Game" until February 2003, after which it was replaced with six stars representing the original members of the consortium. Thus the probability that you will join this statistical group is 2 x 1. The jackpot prize shall be paid at the election of the player no later than 60 days after the player becomes entitled to the prize with either a per winner annuity or one-time cash payment. Mifflintown, PA $1 Million 8/18/2015 Francois Marrec, Jr. 50 Strategy Software Advantage Gold software makes all the charts for this game, to automate the process of choosing the best numbers to play. The overall probability of winning any prize was 1 in 14. Advantage Gold: use Chart G to see how many times a last digit has occured and what the recent trends are. Jackpots start at a minimum of $40 million and there are eight more prize tiers rewarding players who match fewer numbers. The jackpot was shared by two tickets, both matching the numbers of 16-22-29-39-42 and Mega Ball 20. You can now use existing tickets to purchase new tickets printed with your same favorite numbers! You will need to select the new files when using Lottery Updater and Advantage Gold or our other programs. 5%      48,431,551        1,505,144          6,195,375   5. It is just one of life's dirty tricks that the very fear of losing blocks the winning forces.