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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. 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. 8 Simple Things to Avoid So You Save Money When Playing Lotto Lotto players who select their lottery numbers thoughtlessly or foolishly are destined to lose even before the drawing takes place.

All prizes of $10,000 and above are reduced 40% to allow for federal and state taxes. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. The Mega Millions jackpot resets to its new starting value of $40 million ($25 million cash) for the next drawing on Tuesday. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. In most cases, a lottery joining Mega Millions on or after January 31, 2010 offered Powerball before the MUSL cross-sell expansion.

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CASH IN ON THE LUCK OF OTHERS When you form a Lotto pool, your group is also pooling its aggregate luck. Both lotteries opted to join The Big Game, which, at the time, was offered in seven states. If we split a number field in half, we have the low half and the high half.

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You pick five numbers out of seventy and one number out of twenty-five to win Mega Millions. Cancellation Policy Mega Millions cannot be cancelled. 1569 for the smaller prizes (no taxes for prizes under $10,000) so $0.

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The odds of winning the Mega Millions jackpot are 1 in 302. 5 Million 10/16/2012 Sandeep Singh Hyannis, MA $52 Million 7/27/2012 Bladimir & Marita Agnite Fremont, CA $218. 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. 6 million — which is about the same as the first prize jackpot odds of a 6/48 game. You win by matching the numbers drawn with the numbers on your Vermont Mega Millions ticket for that draw date. Robert, MO $1 Million 10/24/2014 Kennedy Howard Montgomery, AL $1 Million 10/21/2014 42 MEGAwatts Oakbrook, IL $1 Million 10/17/2014 Delavan Co-Workers Delavan, WI $0. A letter bearing the Mega Millions logo was used in a string of lottery scams designed to trick people into providing personal financial information by cashing bogus checks. 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. Montana joined Mega Millions on March 1, 2010, the first addition to Mega Millions after the cross-sell expansion. 2 Megaplier® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. In Lotto, the Trend is Your Friend The shortest, easiest way to search for lotto numbers that have the greatest probability of winning is to track the trends. Annuity Option winners will be paid in 30 annual installments unless otherwise indicated by the Commission. **Subject to published Multi-State Lottery Association Rules, the prize amounts indicated here may be modified. There are nine possible configurations that will win something in the Mega Millions Lottery. In the revised format, players chose 5 of 75 white ball numbers, and the "Gold Ball" number out of 15.