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Generally (an exception is Virginia), minors can win on tickets received as gifts; the rules according to each Mega Millions member vary for minors receiving prizes. The increased popularity of the game led to an additional Tuesday draw being introduced in February 1998. Match 3 out of 5 White numbers but not match the Mega number (Payout = $10)    The number of ways 3 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,3) = 10. Five balls are drawn from a set of balls numbered 1 through 70; one ball is drawn from a set of balls numbered 1 through 25.

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. You benefit more by wheeling a carefully selected group of lotto numbers. Double-check your numbers and the draw date before signing the back of your ticket and cashing it in. Mega Millions® Matches, Prizes and Odds (based on a $2 play) Overall odds of winning a prize are approximately 1:24 *If there are multiple winners of the Jackpot on any given drawing, the prize money will be divided equally among all the winners.

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5 Million 5/9/2014 Milandi Almaweri Alameda County, CA $1 Million 5/2/2014 Michael Fuchs Long Beach, NY $30 Million 4/4/2014 Leopoldo Choi Los Angeles, CA $1 Million 4/1/2014 Matthew White, Jr. 56 % chance that you will get back $92 or less 94. Mega Millions Jackpot records: 2nd largest Jackpot - March 30, 2012: jackpot of $656 million which was split among 3 winners.

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2nd Thoughts     The 2015 fatality rate per 100 million Vehicle Miles Traveled in the U. Even four consecutive numbers is a very rare occurrence that, in most Lotto games, has never happened once. Or, match three or more 5/70 numbers to win prizes without the Mega Ball. The game costs $2 a ticket and is played by picking five numbers from a set of 70 and one Mega Ball number from a set of 25. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. The minimum age to purchase a Mega Millions ticket is 18, except in Arizona, Iowa and Louisiana, where the minimum is 21, and in Nebraska; its minimum is 19.

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Mega Millions; Hayward Phillips didnt run out to the store to buy a Mega Millions ticket. You may play up to five (5) panels on a single play slip. 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. Record jackpots (listed by cash value)[edit] Revenue[edit] Approximately 50% of Mega Millions sales is returned to players as prizes; the remainder is split (each lottery has different rules regarding these funds) among retailers, marketing, and operations, as well as the 46 jurisdictions offering the game; different lotteries uses the proceeds in different ways.[41] Miscellany[edit] In the aftermath of the attack on the World Trade Center on September 11, 2001, the legislature in Albany, fearing a monumental loss of revenue, passed legislation the following month, which was signed by Governor George Pataki, which included joining a multi-jurisdictional lottery game. A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. Mega Millions plays will become $2 per game upon the format change; it is unknown exactly how the "Megaplier" will be utilized. 6 million — which is about the same as the first prize jackpot odds of a 6/48 game. Jackpots increase by a minimum of $5 million each time there is no winner. It's strongly recommended that where there are large sums of money involved you seek expert tax advice. 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. Note: You can get a rough estimate of the number of tickets in play as follows. For an additional fee of $1, players can purchase the Megaplier option to multiply all non-jackpot wins by the draw's Megaplier number. 00 to buy the Megaplier option, your expected before tax return is $0. Annual payments for Mega Millions® are not equal.