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Kyle (of the Virginia Lottery.) The Big Game initially was drawn weekly, on Friday. If you play a pattern that occurs only five percent of the time, you can expect that pattern to lose 95 percent of the time, giving you NO CHANCE to win 95 percent of the time. If we split a number field in half, we have the low half and the high half. Mega Millions Total Combinations    Since the total number of combinations for Mega Millions numbers is used in all the calculations, we will calculate it first.

Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. In Mega Millions, with two drawings a week, a set of five numbers plus the Gold Mega Ball has a chance of being drawn once every 2,909,378 years!!! 999999996695 COMBIN(N,K)  = number of ways to select K items from a group of N items x   =  multiply terms ^   =  raise to power (e.g.  2^3 = 8 ) Sample Calculation to Find the Expected Cash Ticket Value Considering the Number of Tickets That are in Play    For this example we will assume the cash value of the Jackpot is $400,000,000 (The advertised value of Jackpot would be about double this.) and there are 300,000,000 tickets in play for the current game. 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. The matrix changed for the third time in May 2002 in order to generate bigger jackpots by making the game harder to win. If you choose the Just the Jackpot wager, you will only be eligible to win the jackpot prize.

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At $570 million, it is the fifth-largest in the game's history and seventh-largest in United States history. 0054 Any entry in the table can be calculated using the following equation: Prob. = COMBIN(N,K) x (Pwin^K) x (Pnotwin^(N-K)) Where: N = Number of tickets in play K = Number of tickets holding the Jackpot combination Pwin = Probability that a random ticket will win ( = 1 / 302,575,350  =  0. CASH IN ON A POSITIVE ATTITUDE No one should play games of chance out of desperation because they need the winnings. The Mega Millions double matrix changed, from 5/75 + 1/15 to the current 5/70 + 1/25.[13] The starting jackpot became $40 million, with minimum rollovers of $5 million. The probability of success is thus: 1/302,575,350 = 0.

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One ticket from Indiana won the jackpot; the winner chose the cash option.[18] Mega Millions' fourth-largest jackpot, $414 million, was for the March 18, 2014 drawing. 6 million, making them the highest odds of any other state or multi-state lottery game ever played in the United States. 97. (And you paid $3 for this privilege.)    Percentile Expected Returns on Ticket Purchases    The average return per $2. A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. Nebraska became the 37th Mega Millions participating member on March 20, 2010, followed by Oregon as the 38th member on March 28, Arizona as the 39th member on April 18, and Maine as 40th Mega Millions participant on May 9, 2010.

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The Mega Millions trademark is owned by the Illinois Lottery. The Megaplier multiplier (2, 3, 4 or 5) is drawn before the Mega Millions winning numbers. A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements. 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. Justin Sullivan/Getty Images Powerball and Mega Millions lottery tickets are displayed, Jan. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately. Never choose all five numbers from one number group, such as all single digits, or all teens, or all 20's, etc.