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Beginning in January 1999, jackpot winners were given the option to receive their prize in cash. The first machine continued to hold white 52 balls, while 16 gold balls were added in the second, meaning there were 52 numbers to pick from in both parts of each $1 game.

For example, for an advertised jackpot of $200 million, the initial payment would be approximately $3 million, with future payments growing to as much as $12. Click on the link below and fill out the subscription form. Jackpots could be claimed only via the annuity option. 5 PATTERN BETTING AVOID: playing a combination based on how the marked numbers look on your ticket Pattern betting is an even more popular method of marking bet slips, but it is not a good way to win Mega Millions. Man Who Wins $5 Million Mega Millions jackpot winners will select their payment preference at the time of their prize claim.

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View Complete Game Rules ➞ GAME ODDS Prizes equal 50% of overall sales. Versions of (The Big Game) Mega Millions[edit] Versions of The Big Game and Mega Millions have used different matrices: Megaplier[edit] Mega Millions players have the option to activate a multiplier, called Megaplier, in 45 of its 46 jurisdictions; it is functionally similar to Powerball's Power Play. (Neither Megaplier nor Power Play are offered in California because its state penal code distinguishes between a "lottery" in which the bank cannot be "broken", and a "banked game" whose bank theoretically could be broken; only a "lottery" was authorized by the state Lottery Act.) By doubling the wager in a Mega Millions game to $2, players have an opportunity to multiply any non-jackpot prize by 2, 3, 4 or 5. The jackpot was shared by two tickets, both matching the numbers of 16-22-29-39-42 and Mega Ball 20.

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The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. The bad news is that you paid $3 to get something worth $1. Buy your lottery ticket online or in stores for Mega Millions number drawings held every Tuesday and Friday!Mega Millions Home Mega Millions Mega Millions is a multi-jurisdictional game played across 46 localities in North America with a starting jackpot of $40 million. On March 1, 2010, Montana became the first MUSL member to add Mega Millions after the cross-sell expansion. One such usage involved character Hugo "Hurley" Reyes playing the sequence in a similar "Mega Lotto" game, winning a nine-figure jackpot and subsequently experiencing numerous misfortunes in his personal life. Depending on your jurisdiction, claim any prize up to 180-365 days after the draw.

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Vermont Mega Millions Megaplier® For an extra $1 per play, you can multiply your Mega Millions prize by 2, 3, 4 or 5 times the original prize amount (for all prizes except the jackpot). The Texas Lottery owns the trademark to Megaplier.[8] On June 24, 2005, to commemorate California joining Mega Millions, that night's drawing was held in Hollywood, with Carrie Underwood assisting host Glenn Burns for the draw. Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner[1] (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option. Once again, both pools were changed to lengthen the odds against winning, which meant that players now needed to match five from 56 plus one from 46 to win the jackpot. Man Who Wins $5 Million Just One Year After Taking Home $100,000! 0.   Thus we have calculated that the average multiplier is 2. If you take the annuity, you will get a series of payments that will increase at 5% per year. A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. 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. Mega Millions Stats Odds: 1 in 302,575,350 Jackpot: Minimum $40 million Pick Size: Pick-5 + Pick-1 Powerball type Where to Play: 44 States, DC, and U. Vermont Mega Millions Megaplier® For an extra $1 per play, you can multiply your Mega Millions prize by 2, 3, 4 or 5 times the original prize amount (for all prizes except the jackpot). Relatively hot numbers are more likely to hit, but don't forget to include at least one long shot number in your group of 5.