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For example if the cash value of the jackpot is $400,000,000 and there are 300,000,000 tickets in play, then the ticket�s expected cash value is fractionally under $1. Probability of winning something    If we add all the ways you can win something we get: 1 + 24 + 325 + 7,800 + 20,800 + 499,200 + 436,800 + 3,385,200 + 8,259,888 = 12,610,038 different ways of winning something. History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery.

With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun. The original game required players to select five numbers from a pool of 50, plus one additional number from a second pool of 25. Hayward Phillips didnt run out to the store to buy a Mega Millions ticket. Mega Millions Stats Odds: 1 in 302,575,350 Jackpot: Minimum $40 million Pick Size: Pick-5 + Pick-1 Powerball type Where to Play: 44 States, DC, and U.

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56 % chance that you will get back $92 or less 94. This chart shows the various Megaplier prizes, payouts and the odds of a certain Megaplier number being drawn: Just the Jackpot Just the Jackpot was introduced in October 2017 and gives players two chances at winning the jackpot prize for the price of $3. The matrix changed for the third time in May 2002 in order to generate bigger jackpots by making the game harder to win. If you have a match with your main numbers, your prize gets multiplied by the active Megaplier multiple (2x, 3x, 4x, 5x). Each payment will be greater than the previous year's payment. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24.

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Players cannot claim prizes in any of the eight other prize tiers, which range from $2 to $1 million. Or, match three or more 5/70 numbers to win prizes without the Mega Ball. The probability of success is thus: 8,259,888/302,575,350  = 0. Available for Pick-3, Pick-4, Jersey Cash 5, Pick-6, CASH4LIFE, Mega Millions, Powerball and Quick Draw wagers.

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Advantage Gold: use Chart 4A to see at a glance which numbers are picking up more activity. 2 or more numbers repeated occurs less than 4% of the time. The Megaplier offers players the chance to receive a payout up to $5 million, without winning the jackpot. Once again, both pools were changed to lengthen the odds against winning, which meant that players now needed to match five from 56 plus one from 46 to win the jackpot. The drawing will be Saturday.  The odds of winning one of the jackpots is roughly one in 259 million for Mega Millions and one in 292 million for Powerball. For a copy of the winner's list, please email us at customer.service@lottery.state.tx.us. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. Read about Mega Millions prizes and odds of winning. And the chances of winning both, for those of you thinking really big? Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. Man Who Wins $5 Million Find Mega Millions winning Lottery numbers and Lottery payouts at the official PA Lottery website. Just the Jackpot wagers are eligible for the Mega Millions Grand Prize ONLY! Mega Millions is a double-matrix game requiring players to match five white numbers from a possible 70, followed by one red Mega Gall from a second pool of 25, in order to win the top prize. An average $228,000,000 cash payout (decline the annuity) is assumed for the Jackpot. (Could be your portion of a shared Jackpot.) (Note that this "cash payout" is about one half of the advertised Jackpot amount.