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The Megaplier option remained; the 5x multiplier was added. At $2,00 per ticket, the lottery takes in $800 million.

For each of these, the probability of winning equals the number of winning combinations for that particular configuration divided by the total number of ways the Mega Millions numbers can be picked. Mega Millions lottery jackpot analysis shows the amount a grand prize winner would actually get after federal and state taxes are withheld from the prize money. ... Two winning tickets, one each from California and Georgia, were sold. The following analysis assumes the annuity value of the Jackpot is $2 Billion (that�s a �B�) and there are 600 million tickets in play. 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. 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.

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Visit the official Pennsylvania Lottery website for the latest PA Lottery winning Lottery numbers & game information. ... all prizes are pari-mutuel, meaning payouts are based on sales and the number of winners. 1569 back in again to get an expected after tax return of $1.

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Mega Millions tickets cost $2 and are available at most Colorado retailers. Match 3 main numbers or any other combination to be in with a chance of winning.

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00 lottery ticket that you buy    The first task is to construct a table where each row lists the winning combination, the payout, the probability of this payout, and the contribution to the expected return (Equals payout times probability.) The probabilities are the same ones we derived earlier. 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 any of the 24 losing Mega numbers is: COMBIN(24,1) = 24. First Mega Millions copies Powerball's game format, then tries to replace it as America's Favorite Lottery Game. 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. October 2013 format change[edit] The final 5/56 + 1/46 Mega Millions drawing was held on October 18, 2013; that night's jackpot of $37 million was not won. 000000003304961888, which yields �One chance in 302,575,350�. All odd numbers or all even numbers are rarely drawn, occurring less than 3% of the time. 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. In practice, many people pick numbers based on family birthdays, etc., and thus many tickets will have a preponderance of low numbers.