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Mega Millions winning tickets in Florida and Maryland for $400M jackpot - Duration: 0:39. The probability of success is thus: 8,259,888/302,575,350  = 0.

2 Billion.)    Thus the game has been transformed into 700 million tickets in play for a cash jackpot that is now worth $600 million. If we divide the result by the 302,575,350, we get . The calculated value of a ticket includes the possibility that you will share the Jackpot with someone else.    The first calculation is: �What is the probability that the jackpot will be won?� This is simply (1. 81 % chance that you will get back $80 or less 89.

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3 Million 10/17/2014 Sean Ransom Inglewood, CA $1 Million 10/14/2014 Lisa Metz Hutchison, KS $1 Million 10/14/2014 Michael Schmitt Massapequa Park, NY $1. 494. (The after tax return would be less than this.) Just the Jackpot    The new version of Mega Millions provides still another way to play the game.  You can pay $3 for 2 quick picks that only participate in the Jackpot prize. (You don't have to worry about matching any of the other combinations.)    If there is an advertised Jackpot of $1 billion then the cash value of the Jackpot is about $500 million.

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California's second prize is a "secondary jackpot"; its payout sometimes exceeds $1 million cash, even though California does not offer the Megaplier.[33] Payment options and claiming prizes[edit] In Georgia, New Jersey, and Texas, players must choose, in advance, whether they wish to collect a jackpot prize in cash or annuity. S. lotteries, including New Jersey's, to offer both games. It is just one of life's dirty tricks that the very fear of losing blocks the winning forces.

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Thus, if the lottery officials proclaim that a given lottery drawing had 5 million �winners�, then there were about 5,000,000 x 23. You want to enhance your own luck, not dilute its strength. Around the same time, for entirely different reasons, Ohio's governor also gave the green light to joining a multi-jurisdictional game. In the revised format, players chose 5 of 75 white ball numbers, and the "Gold Ball" number out of 15. 00002578 3 White + Mega          200    1 in 14,546. We will use this number for each of the following calculations. Get to Know the Megaplier in Three Steps Select the Megaplier box on your Mega Millions ticket. 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.