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Note: This web page had over 50,000 hits for the large Jackpot on Jan. Concise Table of Mega Millions Odds (Mathematical derivation below)  Ticket Matches      Payout           Odds               Probability --------------------------------------------------------------------- 5 White + Mega      Jackpot    1 in 302,575,350. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. Mega Millions; Hayward Phillips didnt run out to the store to buy a Mega Millions ticket.

This leaves an expected after tax value of the jackpot of $0. Q: Is 2 numbers worth anything in Mega Millions?   A: You can get a prize for matching 1 white ball with the gold mega ball, but not for matching just 2 white balls alone.

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This can also be stated as �One chance  in 44,642,857�. Smart Luck strategies show you how to understand and use historical data.

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If this is representative of what happened at Mega Millions headquarters, I extend my deepest sympathy to their computers. If your prize is $500 or more, obtain a Claim Form from a Vermont Lottery sales agent location where Mega Millions is sold. If no one wins the jackpot, the money is added to the jackpot for the next drawing.Megaplier Prizes In all participating states except California, a supplementary game called Megaplier is offered for an additional $1 per line, boosting the value of any non-jackpot prizes won. With the exciting new "Play It Again" feature, New Jersey Lottery retailers can simply scan your ticket to produce a new one for the same game, numbers, and wager amount.

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Thus the expected cash Jackpot payout by the lottery is $400,000,000 times 0. 96 % chance that you will get back $116 or less 98. Many times, more than the minimum 3 of the number groups are not represented. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner[1] (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option. Virgin Islands, in October 2010, and Louisiana in November 2011. Cash option: A one-time, lump-sum payment that is equal to the cash in the Mega Millions jackpot prize pool.Buying draw games can be as simple as these three little words…"Play it again"! 90 % chance that you will get back $750 or less Even if you buy 500 tickets, your chance of winning a $10,000 or larger prize is less than 1 chance in 1,000. Montana, offering Powerball before the expansion date, became the 24th lottery to offer the Megaplier, followed by Nebraska (the 25th), Oregon (the 26th), Arizona (as the 27th) and Maine (as the 28th lottery to offer the Megaplier option). This prize still remains the second-largest jackpot in history. I never win anything." They won't bring good luck to your group either.