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Learn More About the Mega Millions Game Odds of Winning Mega Millions What are your chances of winning the Mega Millions? Q: Do you win anything for picking the mega ball number alone in Mega Millions?   A: Yes, getting just the gold mega ball as a winner on your ticket will win you a prize of $1, even if you do not have any of the main set of 5 white Mega Millions numbers. But to obtain the one-time, lump-sum cash option -- which comes to $281. See also[edit] Notes[edit] External links[edit] Official website Telemarketing and Telephone Services: Prizes & Sweepstakes on U. Frequently Asked Questions About Mega Millions Frequently Asked Questions About Mega Millions Q 114: How do I use a lotto wheel to win Mega Millions? These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately.

The Powerball winning numbers will be drawn on Saturday at 10:59 p.m. Thus it is probable that all you will ever get back from your ticket purchases are piddling small amounts.     The percentages for these small amounts can be calculated.

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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. The first three numbers (4, 8, 15) and mega ball (42) in the Mega Millions drawing matched the first three numbers and the final number (which Hurley also used as the "mega ball" number) in the Lost sequence. These lotteries offered the "Just the Jackpot" option upon the format change: Georgia, Hoosier Lottery, Kansas, Massachusetts, Nebraska, New Jersey, New Mexico, New York, Ohio, South Dakota, Texas, Virginia, Wisconsin, and Wyoming.

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However, this has to be reduced by 40% for taxes. 96 % chance that you will get back $116 or less 98. Mega Millions With rolling jackpots starting at $40 million, Mega Millions is more exciting than ever!

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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. Those who played "The Numbers", including from quick-picks, won $150 ($118 in California) in a non-Megaplier game; $600 with the multiplier.[46] The 12 original (before the 2010 cross-sell expansion) Mega Millions members have each produced at least one Mega Millions jackpot winner. Annuity Option winners will be paid in 30 annual installments unless otherwise indicated by the Commission. **Subject to published Multi-State Lottery Association Rules, the prize amounts indicated here may be modified. 5 to 1 � which would be an increase of 1 ticket in play for every $2 increase in the annuity Jackpot.)    For example, if the preceding game had an advertised annuity payout amount of $200,000,000 and the current game has an advertised annuity payout amount of $250,000,000, then there are about 250,000,000 - 200,000,000 = 50,000,000 tickets in play for the current game. (Past Jackpot amounts can be seen at: . 5%      56,062,409        1,505,144          6,195,375   4. Justin Sullivan/Getty Images Powerball and Mega Millions lottery tickets are displayed, Jan. 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. There are nine ways to win a prize, from $2 to the jackpot. 71, including the base $1 prize for a "Mega Ball"-only match. Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax. Find out about Mega Millions prizes and odds of winning here.