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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. 1569 back in again to get an expected after tax return of $1.

Prizes and odds (2013-2017 version): 5 numbers plus the Mega Ball (5+1): 1 in 258,890,850 5 numbers but not the Mega Ball (5+0): 1 in 17,259,390 4+1: 1 in 739,688 4+0: 1 in 52,835 3+1: 1 in 10,720 3+0: 1 in 766 2+1: 1 in 473 1+1: 1 in 56 Mega Ball only: 1 in 21[12] The odds for winning the $1 prize, 1 in 21, reflected the possibility of matching at least one of the white balls, as well as the Mega Ball. 04 % chance that you will get back $280 or less 99.

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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. 1128 probability that exactly two of these tickets will have the same winning combination.

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Then a single number (the Mega Number) is picked from a second pool that has 25 numbers. As a practical matter, it is unlikely that you will ever buy enough tickets (fork out enough money) to ever have much of a chance for any of the large prizes. Combinatorics Calculations    In any combinatorics problem where all possible outcomes are equally likely, the probability of a successful outcome is determined by finding the number of successful combinations, and then dividing by the total number of all combinations. Quick Pick On a Mega Millions play slip, mark the QUICK PICK (QP) box on each play, or ask the clerk for a quick pick, to let the computer terminal randomly pick numbers.

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Choose from multiple California lottery games including MEGA Million, POWERBALL, and SuperLotto Plus. Cash prizes from $500 to $5,000 can be claimed at any People's United Bank in Vermont. History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery. Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. Players cannot claim prizes in any of the eight other prize tiers, which range from $2 to $1 million. The cash value for any Jackpot is about one-half the annuity value which brings the real value down to $1,000,000,000. 7 SAME LAST DIGITS AVOID: playing too many numbers that end with the same digit Many people like to play same last digits, such as 3-13-23-33-43, or all digits that end in seven, or some other favorite lucky lottery number.