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Remember, the advertised Mega Millions jackpot is the annuity jackpot, which means it's the amount that you would receive if you were to opt for the money to be paid out over 29 annual payments (plus a one-off initial payment). Draws are held every Tuesday and Friday at 11:00 PM (ET) with a cutoff of 9:50 PM to purchase tickets for that evening's draw. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher.

Mega Millions and Powerball[edit] Alabama, Alaska, Hawaii, Mississippi, Nevada and Utah do not sell lottery tickets. 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.

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ABC News Yunji De Nies and Suzan Clarke report: Mega Millions fever is gripping the nation. For larger jackpots, the drawing sometimes is moved to Times Square, with New York Lottery announcer Yolanda Vega co-hosting. Until January 2016, the game held the honour of generating the third-largest lottery jackpot in the world, after three winning ticket holders split a top prize of $656 million in March 2012. Thousands of tickets are bought with this combination every drawing.

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In May 1999, New Jersey joined The Big Game, the only jurisdiction to enter as a participant before The Big Game became Mega Millions in 2002. No ticket redemptions during these times: TUE & FRI: 7:30 P. In a 70-number game like Mega Millions, numbers 1 to 35 would be in the low half, and numbers 36 to 70 would be in the high half. Each game play on a ticket now costs $2, just like its biggest competition, Powerball. What one group of participants gains in cash, the other group of participants must lose.

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0.   Thus we have calculated that the average multiplier is 2. The odds of winning all those hundreds of millions are one in 302,575,350 (most recently up from 1:258,890,850). If we follow the 700 million ticket row to the right until we reach the $600 million column, we find an expected cash jackpot value of $1. Louis, MS $536 Million 7/8/2016 Warren D, LLC Cambridge City, IN $1 Million 7/8/2016 Marcus Gonzalez Sharon, MA $1 Million 7/5/2016 Dana Pelletier Coral Gables, FL $5 Million 6/17/2016 Billy's Bunch Harrisville, RI $1 Million 6/10/2016 Wilmington co-workers Wilmington, NC $1 Million 5/27/2016 Richard Hopper Sr. There are nine ways to win a prize, from $2 to the jackpot. Advantage Gold: use Chart A to see which numbers have hit as neighboring (consecutive) pairs, triads, or more. In an effort to top the Powerball jackpots, the new Mega Millions lottery has increased the jackpot odds by 40 percent—and added more states to the mix. Those who played "The Numbers", including from quick-picks, won $150 ($118 in California) in a non-Megaplier game; $600 with the multiplier.[46] The 12 original (before the 2010 cross-sell expansion) Mega Millions members have each produced at least one Mega Millions jackpot winner. Having carefully analyzed all the drawings in past lotto results of more than 200 different lotto games worldwide, with histories going back as far as 1955, we have verified the following incredibly simple rule: That which is MOST POSSIBLE happens MOST OFTEN.