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SLH files tracking these games, which start over from the new format. 90 % chance that you will get back $750 or less Even if you buy 500 tickets, your chance of winning a $10,000 or larger prize is less than 1 chance in 1,000. The catch is that the player is ineligible to win any of the many smaller prizes. 82 % chance that you will get back $74 or less 78.

View ➞ Luckiest NumbersGame Tool Is your lucky number all that lucky? History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery. Note: See for the version of the game that was valid before October 31, 2017. Advantage Gold: use Chart 5 to see which numbers are more likely to become repeat hits. The number of ways the 5 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,5) = 8,259,888.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0.

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IMPORTANT: All prizes must be claimed within one (1) year of the winning draw date on the ticket. However you get 2 tickets which brings the expected value up to $1.

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The odds of winning all those hundreds of millions are one in 302,575,350 (most recently up from 1:258,890,850). 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. 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.

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Players were now required to match five from 52 plus one from 52 to win the jackpot. Follow the instructions on the Claim Form to submit your claim. Like Powerball, this is a big jackpot game that must have bad odds of winning in order to create lotto prizes in the hundreds of millions to close to a billion dollars range. 7 Million 5/26/2015 Charles Messenger Salinas, CA $1 Million 5/22/2015 Peter Marino Everett, MA $1 Million 5/8/2015 Carolyn Keras Steubenville, OH $1 Million 4/28/2015 Kansas winner Wichita, KS $1 Million 4/21/2015 Charles Bibbs Henrico, VA $1 Million 4/21/2015 South Carolina winner Columbia, SC $1 Million 4/17/2015 Fred Morgan Detroit, MI $5 Million 4/3/2015 David Kalanik Oakland County, MI $0. Multiple Draws You may purchase a ticket good for up to 20 consecutive draws by marking the number of draws under the "Multi Draw" column. The product of these is the number of ways you can get this configuration:  COMBIN(5,1) x COMBIN(65,4) x COMBIN(1,1) = 3,385,200. The probability of success is thus: 1/302,575,350 = 0. The model used for Mega Millions is the Criterion II, manufactured by Smartplay International of Edgewater Park, New Jersey. 0856. (And remember, you paid $2 for this ticket.)    These calculations can be used to form a table that shows the expected cash return per ticket ( = expected cash value per ticket).