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The jackpot is $306 million.  There is a one-time cash option of $193 million.   If there is no winner, the next drawing will be Tuesday, Jan. Each jurisdiction's lottery operates independently, and so the disparities in claim periods tend to stem from the operators aligning them with claim periods of their other lottery games. These changes might affect the validity of certain statistical information shown across this site. Each game play on a ticket now costs $2, just like its biggest competition, Powerball. 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.

Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions. Annual payments for Mega Millions® are not equal. Q 127: How do I pick the best numbers to use for just the Mega Ball? Total ticket cost will depend on the number of panels and draws you play and if you select the Megaplier option.

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The matrix changed for the third time in May 2002 in order to generate bigger jackpots by making the game harder to win. 71, including the base $1 prize for a "Mega Ball"-only match. 5%      48,431,551        1,505,144          6,195,375   5. Of the 46 Mega Millions jurisdictions, all but California offer an option, called Megaplier (plays with the Megaplier are $3 each) where non-jackpot prizes are multiplied by 2, 3, 4, or 5. Includes past winning numbers, random number generator, game analysis, how and where to play.

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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. Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. 1569 (Used for after tax calculation) Total for last 8 rows                                  0. 8 Easy Lotto Number Tips to Help You Win Mega Millions 1 ODD-EVEN LOTTO NUMBER TIPS PLAY: mix of 3 odd/2 even or 2 odd/3 even numbers When you select your Mega Millions best playing numbers, pick a fairly even mix of odd and even numbers. 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. 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.

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California's second prize is a "secondary jackpot"; its payout sometimes exceeds $1 million cash, even though California does not offer the Megaplier.[33] Payment options and claiming prizes[edit] In Georgia, New Jersey, and Texas, players must choose, in advance, whether they wish to collect a jackpot prize in cash or annuity. Relatively hot numbers are more likely to hit, but don't forget to include at least one long shot number in your group of 5. About Mega Millions Lottery Strategy In spite of the tremendous odds against winning Mega Millions, there are several things you can do to play the game smart and have a better chance of learning how to win Mega Millions prizes. REBEL Wilson could be awarded millions of dollars in damages after her epic court win against Bauer Media. The holders of each ticket also chose the cash option. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets. Mark the Megaplier box on your play slip or ask the clerk to add the Megaplier option.