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A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. 3 Million 10/10/2014 Dennis Carrig & Karen Rheney Long Beach, CA $1 Million 10/7/2014 Cindy Thurm Medora, IL $1 Million 9/23/2014 Judy Marsh Abingdon, VA $1 Million 9/9/2014 Aisha Hawkins Capitol Heights, MD $1 Million 9/5/2014 Glenda Mack-Sturgeon Birmingham, AL $1 Million 9/2/2014 Dariusz Bugnacki Brooklyn, NY $180 Million 8/22/2014 Rick Knudsen Calimesa, CA $1 Million 8/15/2014 Ahmad Qarah Sycamore, IL $1 Million 8/8/2014 Patricia Oliveira New Bedford, MA $1 Million 8/1/2014 Stephen, Marsha & Craig Bevis Johnston, IA $1 Million 7/18/2014 Mark & Lisa Schmidt Umatilla, OR $1 Million 7/15/2014 WMU Employee Group Winchester, KY $1 Million 6/13/2014 Walt Plummer Sterling, VA $66 Million 6/13/2014 Kelsey Zachow Port Huron, MI $1 Million 5/27/2014 Glenn Eaton Atlanta, NY $1 Million 5/20/2014 Cynthia Posey Kentwood, MI $149 Million 5/20/2014 Carl Szott Pittsburgh, PA $1 Million 5/16/2014 Ron Ranallo Bartlett, IL $0.

5 million, and future annual payments would grow to about $6. 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. 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. So, for the best way to win Mega Millions, wheel less than about 40 of the 70 total numbers. The total number of ways to pick the 6 numbers is the product of these two partial calculations. Winning HistoryGame Tool Track the history behind your favorite Jackpot games, from winning numbers to Colorado Jackpot winners and more.

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If your prize is $500 or more, obtain a Claim Form from a Vermont Lottery sales agent location where Mega Millions is sold. By knowing which number combinations and patterns to avoid, you'll have an advantage over such players—and save money, too. Nebraska (March 20, 2010), Oregon (March 28, 2010), Arizona (April 18, 2010), Maine (May 9, 2010), Colorado and South Dakota (the latter two on May 16, 2010) also have joined Mega Millions since the expansion. Except for the 2010 cross-selling expansion, this was the only time The Big Game or Mega Millions simultaneously added more than one member. It is unlikely that even 4 same last digits will hit together. When the jackpot is $50 million, each payment is half as big, etc.

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Tickets for The Big Game began to be sold in Georgia, Illinois, Maryland, Massachusetts, Michigan, and Virginia on August 31, 1996. 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. 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. 1 REPEATED NUMBER COMBINATIONS AVOID: number combinations that have been drawn before. If the results of these random number selections match one of the winning combinations on your lottery ticket, then you win something.

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Lotto Wheeling Systems to help you win Mega Millions Use a wheel to arrange a larger group of numbers into sets of tickets to buy to guarantee a minimum prize. Then a single number (the Mega Number) is picked from a second pool that has 25 numbers. Americans are much more likely to get struck by lightning (odds of one in 13,500) or to die in a car accident (one in 645).  While the old lottery campaign "You've got to be in it to win it" holds true, the real value in buying a ticket may simply be to enjoy the dream of winning.Difference Between Cash Value and Annuity If you win a Mega Millions jackpot, you will choose how to be paid: Cash Option or Annual Payout. It's strongly recommended that where there are large sums of money involved you seek expert tax advice. The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)."[3][4][5][16] [17] Mega Millions' third-largest jackpot, $540 million, was for the July 8, 2016 drawing. Except for the 2010 cross-selling expansion, this was the only time The Big Game or Mega Millions simultaneously added more than one member. Current Mega Millions members[edit] As of October 2017, Mega Millions is available in 44 states and the District of Columbia ( in blue), plus the US Virgin Islands (not shown) Mega Millions replaced The Big Game in 2002 (see below for the evolution of the name Mega Millions). 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. 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. They chose the cash option, splitting $175 million before federal withholdings.[9] This remains the largest prize won by a single Mega Millions ticket. The probability of success is thus: 1/302,575,350 = 0. 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. 9 million (as noted below, interest rates change, resulting in different ratios between the cash values and annuity values of jackpots).