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F. **The jackpot prize will be shared among jackpot winners in all MEGA MILLIONS states. **The jackpot prize will be shared among jackpot winners in all MEGA MILLIONS states. Montana (joining Mega Millions on March 1, 2010) was the first jurisdiction to add either game after the cross-sell expansion. 2 Billion.)    Thus the game has been transformed into 700 million tickets in play for a cash jackpot that is now worth $600 million. Lower interest rates will increase this fraction while higher interest rates will decrease the cash payout.    The following table shows the relative amounts that you would receive given various interest rates. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below.

Therefore, (75 x 74 x 73 x 72 x 71)/ (5 x 4 x 3 x 2 x 1) x 15 = 258,890,850, which means any combination of five white balls plus the Megaball has a 1:258,890,850 chance of winning the jackpot. The number of ways your fifth initial number can match any of the 65 losing White numbers is COMBIN(65,1) = 65.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1.

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Each payment will be greater than the previous year's payment. If the preceding Mega Millions game had no Jackpot winner, then find the difference in the annuity Jackpot amount for the prior game vs. the current annuity Jackpot amount. Beginning with the October 22, 2013 drawing, the second-tier prize (Match 5 + 0) is increased by 2, 3, 4 or 5 times when Megaplier is purchased. Sharing the ticket cost with others stretches your Lotto budget.

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For larger jackpots, the drawing sometimes is moved to Times Square, with New York Lottery announcer Yolanda Vega co-hosting. Tickets must be claimed no later than 180 days after the draw date. 0.   Thus we have calculated that the average multiplier is 2. The added populations of the two new jurisdictions, in turn, led to a larger double matrix.

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Draws take place in Atlanta, Georgia, on Tuesdays and Fridays, at 11 p.m. Otherwise, you'll be spending MORE money chasing a SMALLER guaranteed prize. The current matrix has lengthened the odds of winning the jackpot, but has shortened the overall odds of winning a prize, including the second tier reward of $1 million.Mega Millions drawings are held Tuesday and Friday at 11:00 pm ET. Each of the 46 lotteries have rules in regards to unclaimed prizes; most Mega Millions members set aside unclaimed winnings for educational purposes.[34][35] In 2007, a $31 million prize went unclaimed in New York.[36] Many prizes of $250,000 each have been unclaimed, including several in Michigan for 2007 drawings.[37] Mega Millions winners have either 180 days (California non-jackpot prizes only) or one year to claim prizes, including the jackpot (although some Mega Millions winners lose the right to collect a jackpot in cash if they wait more than 60 days after the drawing). They chose the cash option, splitting $175 million before federal withholdings.[9] This remains the largest prize won by a single Mega Millions ticket. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. The Mega Millions jackpot resets to its new starting value of $40 million ($25 million cash) for the next drawing on Tuesday. The book is a great starting place for any lotto player, as it explains all of our successful methods of number selection in great detail with many examples.