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Florida joined Mega Millions on May 15, 2013; the first drawing to include Florida-bought tickets was two days later. 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. ... Share This Article: Percentages and other statistics listed on this page should be considered estimates. The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)."[3][4][5][16] [17] Mega Millions' third-largest jackpot, $540 million, was for the July 8, 2016 drawing.

And the chances of winning both, for those of you thinking really big? Taxes If your Mega Millions ticket nets you more than $5,000, you'll be expected to pay 25% Federal tax right off the bat. Mega Millions players in some states have an extra ticket option called "Just the Jackpot." For $3 players will get two chances instead of one to win the top prize. If there are no jackpot winners for a specific drawing, the jackpot will keep increasing, however, the odds will still remain the same.

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When the jackpot is $50 million, each payment is half as big, etc. We then multiply the average extra expected return for all the sub-prizes (previously calculated) by this 2. Man Who Wins $5 Million Mega Millions jackpot winners will select their payment preference at the time of their prize claim. Lower prize tiers (through October 18, 2013; and October 19, 2013-October 27, 2017) based on a $1 play: Match 5+0: $250,000/$1 million Match 4+MB: $10,000/$5,000 Match 4+0: $150/$500 Match 3+MB: $150/$50 Match 3+0: $7/$5 Match 2+MB: $10/$5 Match 1+MB: $3/$2 Match 0+MB: $2/$1 Payouts in California remained pari-mutuel. Cash or annuity payment choice must be made within 60 days of claiming the prize. Press the P-, P*, or P+ buttons to see all the charts for the five white balls only, the Mega Ball only, or all six balls together (not recommended).

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Advantage Gold: use Chart H to play more high or low numbers based on the current trend. Be sure to include the game(s) you want, your name and your mailing address. If this is representative of what happened at Mega Millions headquarters, I extend my deepest sympathy to their computers. As a result of this false report, she was fined $1,000, ordered to perform 50 hours of community service, and required to compensate the police and courts for various costs incurred.[45] The January 4, 2011 Mega Millions drawing drew attention for its similarity to "The Numbers," a sequence of six numbers that served as a plot device of the ABC drama series Lost. The numbers picked for the prizes consist of 5 numbers picked at random from a pool of 70 numbers (the White Numbers).

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Not known is whether a second series of playslips would be printed for lotteries offering "Just the Jackpot" beginning after the October 28, 2017 format change. "Just the Jackpot" wagers and regular Mega Millions plays are printed on separate tickets. Following the cross-sell expansion, WGN also began airing Powerball drawings nationally. Just the Jackpot wagers are eligible for the Mega Millions Grand Prize ONLY! Both drawings were removed from WGN America in late 2014 when it ceased carrying WGN's newscasts.[39] Two machines are used in each Mega Millions drawing. The winning ticket matched all six numbers drawn Friday night. For example: If 200,000,000 tickets are in play for a Mega Millions game, then there is a 0. Don�t forget that a large prize will throw you into a top tax bracket.    First, we check the expected value of a ticket in the table that we calculated earlier. 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. 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 Big Game was the brainchild of lottery directors Rebecca Paul (of the Georgia Lottery) and Penelope W.