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Give yourself the chance to win huge US lottery prizes today! View all of the statistics shown here and many more with Advantage Gold for the most current results for this game and hundreds of others! The total of these 30 payments will approximately equal the advertised size of the Jackpot. (This assumes you are a single winner and not sharing the Jackpot with someone else.

Annual payments for Mega Millions® are not equal. 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. The buying frenzy has decreased the expected cash value of a ticket from $1.

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90 % chance that you will get back $750 or less Even if you buy 500 tickets, your chance of winning a $10,000 or larger prize is less than 1 chance in 1,000. 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. 000000003305 5 White No Mega   1,000,000    1 in 12,607,306. For a typical jackpot of $100 million, the initial payment would be about $1.

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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. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. Mifflintown, PA $1 Million 8/18/2015 Francois Marrec, Jr. On May 15, 2002, the game was renamed The Big Game Mega Millions; shortly after, it became just Mega Millions. 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. Mega Millions still holds the record for the 2nd largest jackpot in the world after it had the top spot for years.

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CHECK YOUR WINNINGS Check your texts, email, local news, etc. to see if you won big! 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. GAME RULES Ticket buyers must be 18 years or older. 52 % chance that you will get back $572 or less 99. The first (The Big Game) Mega Millions drawing was in 2002; see below. (What is now Mega Millions initially was offered in six states; the logo for all versions of the game following the retiring of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership.) Mega Millions is drawn at 11 p.m. 04 % chance that you will get back $280 or less 99. The Euro Millions Lottery should be called the Millionaire Factory! The minimum jackpot was then $15 million, with rollovers of at least $5 million. Official Game Rules‍ Download Official Rules Mega Millions Rules & How to Win Prior to October 28, 2017‍ The Mega Millions game changed on October 28, 2017.  To view the Mega Millions rules that were in effect prior to October 28, click here.  To view the prizes and odds prior to October 28, click here.Mega Millions drawings are held Tuesday and Friday at 11:00 pm ET. You pick five numbers out of seventy and one number out of twenty-five to win Mega Millions. He missed the MEGA Millions jackpot by just one number, but you wont hear this man complaining. They were generated with Advantage Gold software, but every new drawing can alter values slightly, so this page may be outdated from the exact current values. Advantage Gold: use Chart A to see which numbers have hit as neighboring (consecutive) pairs, triads, or more. 02 % chance that you will get back $554 or less 99. On January 31, 2010, Mega Millions expanded to include the 23 MUSL members; as of that date, 35 jurisdictions were participating in Mega Millions. Sums that fall within that range (the Most Probable Range of Sums) will account for over 70% of all lottery jackpots won.