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Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions. 41 % chance that you will get back $68 or less 69. Thus the "expected value" of your $2 ticket will be on the left side of the table unless the advertised Jackpot is over One $Billion. (That's a "B")    We can also see what happens to the expected value of a ticket if a buying frenzy should develop at this point.

The jackpot is $306 million.  There is a one-time cash option of $193 million.   If there is no winner, the next drawing will be Tuesday, Jan. The recommended wheeling systems for Mega Millions are pick-5 Balanced Wheels® like those in Wheel Five Gold.

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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. 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.

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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. Mega Millions offers a $40 Million starting jackpot and a second-tier ... The game costs $2 a ticket and is played by picking five numbers from a set of 70 and one Mega Ball number from a set of 25. Port Richey resident Yuna Catania told ABC News she was "in shock" to learn the winning ticket was in her own town. "Of all the places in the United States -- Port Richey!" Catania said she played the lottery, but didn't buy her ticket at the winning 7-Eleven. "Unfortunately we didn't win!" she said.

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Remember, the advertised Mega Millions jackpot is the annuity jackpot, which means it's the amount that you would receive if you were to opt for the money to be paid out over 29 annual payments (plus a one-off initial payment). Q: Do you win anything for picking the mega ball number alone in Mega Millions?   A: Yes, getting just the gold mega ball as a winner on your ticket will win you a prize of $1, even if you do not have any of the main set of 5 white Mega Millions numbers. For example, for an advertised jackpot of $200 million, the initial payment would be approximately $3 million, with future payments growing to as much as $12. Mike Segar/Reuters A vendor who sells lottery tickets hangs a sign for the Powerball drawing at a news stand in midtown Manhattan, Jan. Thus the probability that you will join this statistical group is 2 x 1. 0 Contribution = �Multiple� times �Probability�    1. The buying frenzy has decreased the expected cash value of a ticket from $1. Mega Millions tickets bought with the Megaplier option, beginning September 12, 2010, automatically won $1 million (instead of $250,000) if the five white balls – but excluding the Mega Ball – are matched. You win if the numbers on one row of your ticket match the numbers of the balls drawn on that date. 00 cash for the "privilege" of participating in this (con) game. All five winning numbers drawn from one group is highly unlikely.