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You benefit more by wheeling a carefully selected group of lotto numbers. Montana (joining Mega Millions on March 1, 2010) was the first jurisdiction to add either game after the cross-sell expansion. The Megaplier was made available to all Mega Millions jurisdictions in January 2011; it began as an option available only in Texas. Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments.

Note: You can get a rough estimate of the number of tickets in play as follows. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below.

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On March 13, 2010, New Jersey became the first Mega Millions participant (just before the cross-sell expansion) to produce a jackpot-winning ticket for Powerball after joining that game. Nebraska became the 37th Mega Millions participating member on March 20, 2010, followed by Oregon as the 38th member on March 28, Arizona as the 39th member on April 18, and Maine as 40th Mega Millions participant on May 9, 2010. 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. Cash or annuity payment choice must be made within 60 days of claiming the prize. The most popular set of numbers most often played is: 1-2-3-4-5.

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However, almost all jackpot winners take the cash option that is paid in one lump sum that, on average, is 60% of the advertised jackpot. It's strongly recommended that where there are large sums of money involved you seek expert tax advice.

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Mega Millions officials may reduce prize levels for Mega Millions and/or Megaplier in the event that an unanticipated number of winner claims exceed the available prize fund for a given draw. Winning numbers may be viewed on WCAX, channel 3 at 11 pm (ET) or by visiting . What one group of participants gains in cash, the other group of participants must lose. Match 2 out of 5 White numbers and match the Mega number (Payout = $10)    The number of ways 2 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,2) = 10. We will use this number for each of the following calculations. The current Mega Millions format began in October 2013; the game will use a different double matrix as of October 2017. 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. Thus the expected cash Jackpot payout by the lottery is $400,000,000 times 0. Thus the probability that you will join this statistical group is 2 x 1. Lotto Wheeling Systems to help you win Mega Millions Use a wheel to arrange a larger group of numbers into sets of tickets to buy to guarantee a minimum prize.