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The jackpot prize shall be paid at the election of the player no later than 60 days after the player becomes entitled to the prize with either a per winner annuity or one-time cash payment. Thus, if the lottery officials proclaim that a given lottery drawing had 5 million �winners�, then there were about 5,000,000 x 23. Match 1 out of 5 White numbers and match the Mega number (Payout = $4)    The number of ways 1 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,1) = 5. The Big Game was the brainchild of lottery directors Rebecca Paul (of the Georgia Lottery) and Penelope W.

2 Megaplier® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. On March 6, 2007, the Mega Millions jackpot reached $390 million,[10] which is the record for the third largest jackpot in U. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. Before the agreement, the only stores which sold Mega Millions and Powerball tickets were retailers whose business was on a border between jurisdictions which sold competing games.

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Both lotteries opted to join The Big Game, which, at the time, was offered in seven states. I never win anything." They won't bring good luck to your group either. 2 million -- the claim must be filed within 60 days of the drawing. If you play a number every drawing because you think it is due, you could be chasing it for many months.

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8 LOW NUMBER COMBINATIONS AVOID: playing ages and dates that are all low numbers Most lotto players pick the calendar numbers, such as birth dates, anniversaries, and their children's ages. 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. Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas.

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Mega Millions offers a $40 Million starting jackpot and a second-tier ... Draw up an agreement and have the members of your pool sign it. Click on the link below and fill out the subscription form. Most Mega Millions winner names are not released, but if one is, it would be listed on the Mega Millions website. All five winning numbers drawn from one group is highly unlikely. DRAWING DETAILS Drawing Days Tuesdays & Fridays at approximately 9:00 p.m. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. Tickets have to be replayed within 30 days of purchase of the original ticket. 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. The model used for Mega Millions is the Criterion II, manufactured by Smartplay International of Edgewater Park, New Jersey. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. Available for Pick-3, Pick-4, Jersey Cash 5, Pick-6, CASH4LIFE, Mega Millions, Powerball and Quick Draw wagers. It is assumed that the number selections on each ticket are picked randomly. The jackpot was shared by two tickets, both matching the numbers of 16-22-29-39-42 and Mega Ball 20. Play the Illinois Lottery Mega Millions today to win big!