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On March 6, 2007, the Mega Millions jackpot reached $390 million,[10] which is the record for the third largest jackpot in U. Until January 2016, the game held the honour of generating the third-largest lottery jackpot in the world, after three winning ticket holders split a top prize of $656 million in March 2012.

We then multiply the average extra expected return for all the sub-prizes (previously calculated) by this 2. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. The "Megaplier" option (which again is not offered in California) was retained, with an adjustment to its multipliers. (The final jackpot for the $1 version was $30 million, which was not won; the initial jackpot for the new version would still be $40 million with a jackpot hit.) Mega Millions prize tiers effective October 28, 2017 (changed amounts in boldface) for a $2 base play (except prizes won in California): 5+MB: Jackpot; starting jackpot raised to $40 million (annuity value) 5+0: $1,000,000 ($1,000,000) 4+MB: $10,000 ($5,000) 4+0: $500 ($500) 3+MB: $200 ($50) 3+0: $10 ($5) 2+MB: $10 ($5) 1+MB: $4 ($2) 0+MB: $2 ($1) The new prize structure allocates roughly 75 percent of the prize pool for the jackpot; this is, in part, to facilitate the new Just the Jackpot option.

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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). The original game required players to select five numbers from a pool of 50, plus one additional number from a second pool of 25. As of January 2016, there are 46 lotteries offering Mega Millions and Powerball; Florida joined Mega Millions in May 2013. (Puerto Rico, whose lottery began in the 1930s, currently does not offer Mega Millions).

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After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. Most participating lotteries' wagers are terminal-generated; however, "Just the Jackpot" wagers in Kansas and Texas allow the player to choose their numbers, while Wisconsin players must ask for a terminal-generated ticket.

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Anonymity You are obliged to go public about a jackpot win unless you live in one of the following states: Delaware, Kansas, Maryland, North Dakota, Ohio, and South Carolina.If you're looking for up-to-the-minute California, MEGA Millions lottery info, such as lottery results, look no further. Mega Millions jackpot winners will select their payment preference at the time of their prize claim. In January 2012, Mega Millions' rival Powerball was altered; among the changes were a price increase of $1 for each play, as a result, a base game costs $2, or $3 with the Power Play option. On January 31, 2010, Mega Millions expanded to include the 23 MUSL members; as of that date, 35 jurisdictions were participating in Mega Millions. Available for Pick-3, Pick-4, Jersey Cash 5, Pick-6, CASH4LIFE, Mega Millions, Powerball and Quick Draw wagers. 96 % chance that you will get back $116 or less 98. Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun.