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The fourth matrix change occurred in June 2005, which was when California joined the game. 1 Jackpot Option - payment option as designated on the winning ticket(s) CVO = Cash Value Option AP = 30 Annual Payments* *The Grand/Jackpot Prize is paid in 30 annual graduated installments.

To find out the expected return, we construct a table to calculate the average expected multiplier. If no one wins the jackpot, the money is added to the jackpot for the next drawing.Mega Millions at a Glance Mega Millions is one of the two large multi-state lottery games played in the U.

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The calculated value of a ticket includes the possibility that you will share the Jackpot with someone else.    The first calculation is: �What is the probability that the jackpot will be won?� This is simply (1. Q 127: How do I pick the best numbers to use for just the Mega Ball? Each game play on a ticket now costs $2, just like its biggest competition, Powerball. 1128 probability that exactly two of these tickets will have the same winning combination. 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.

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What one group of participants gains in cash, the other group of participants must lose. A letter bearing the Mega Millions logo was used in a string of lottery scams designed to trick people into providing personal financial information by cashing bogus checks. 00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists. For example, for an advertised jackpot of $200 million, the initial payment would be approximately $3 million, with future payments growing to as much as $12. 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. Thus, the total number of equally likely Mega Millions combinations is 12,103,014 x 25 = 302,575,350.

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The 11 Mega Millions lotteries without Megaplier on the January 31, 2010 cross-selling date gradually added the multiplier option; by January 2011, all Mega Millions lotteries, except for California, offered the Megaplier. 0 Contribution = �Multiple� times �Probability�    1. The catch is that the player is ineligible to win any of the many smaller prizes. For the rest of this web page, we will just refer to these exact values as "about one half" instead of the above exact values.    As an example of scaling for different sized Jackpots, if the interest rate is 4% and the advertised annuity Jackpot is $300,000,000, then multiply the results in the 4% row by 3 to get the corresponding instant cash payout amount or annual annuity payout amounts. Then bet for real at our top listed Microgaming casinos Mega Millions With rolling ... Even previously validated and cancelled tickets can be replayed! 55, over 16% off regular price!) ADD PB COMBO PACKAGE TO YOUR CART Are you ready to START WINNING? Naperville, IL $1 Million 1/13/2015 Lucky 13 Lotto Club Ypsilanti, MI $5 Million 1/13/2015 Michael & Nancy Baker Sun City West, AZ $1 Million 1/13/2015 Joel McKinzie Lake Crystal, MN $1 Million 1/9/2015 Baker’s Dozen + 3 Waterbury, CT $1 Million 1/9/2015 The Fabulous Five Charleston, WV $1 Million 12/30/2014 Sandra McDonald Woodbridge, VA $0. How to Claim Your Prize Sign the back of your Mega Millions ticket in the space provided. The winning ticket was purchased at a 7-Eleven in Port Richey, about 40 miles northwest of Tampa, the Florida lottery said. 8 Million 10/10/2017 Billy Spurlock Costa Mesa, CA $1 Million 9/26/2017 David Budnick & Roger Wingo Henrico, VA $105 Million 9/22/2017 Wayne Harris Homer, NY $1 Million 8/18/2017 Leonard Bulmer Albuquerque, NM $393 Million 8/11/2017 Patricia Busking Palos Heights, IL $1 Million 8/8/2017 District 150 New York, NY $1 Million 8/4/2017 Paul Kuharevicz Muskegon, MI $1 Million 8/1/2017 Katherine Dorazio Levittown, NY $1 Million 8/1/2017 James Deal Harrisonburg, VA $1 Million 7/21/2017 Dana Nystrand & Matt Hazzard Richmond, VA $1 Million 7/18/2017 Michelle Faysal Ontario, Canada $1 Million 6/27/2017 Jaime De Jesus Osorio Ocampo Queens, NY $1 Million 6/23/2017 Huisun Cho Bayside Queens, NY $0. 24698 (Used for before taxes, non Jackpot, cash value calculations) Thus, for each $2. For an extra $1: Mega Millions with Megaplier * Megaplier does not apply to the Jackpot. If selected, “MEGAPLIER YES” will appear on the ticket. 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.