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View Complete Game Rules ➞ GAME ODDS Prizes equal 50% of overall sales. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning.

About Mega Millions Lottery Strategy In spite of the tremendous odds against winning Mega Millions, there are several things you can do to play the game smart and have a better chance of learning how to win Mega Millions prizes. Mega Millions With rolling jackpots starting at $40 million, Mega Millions is more exciting than ever! Match 4 out of 5 White numbers but not match the Mega number (Payout = $500)    The number of ways 4 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,4) = 5. 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.

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Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. The fourth matrix change occurred in June 2005, which was when California joined the game.

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All five winning numbers drawn from one group is highly unlikely. For each of these, the probability of winning equals the number of winning combinations for that particular configuration divided by the total number of ways the Mega Millions numbers can be picked.

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Double-check your numbers and the draw date before signing the back of your ticket and cashing it in. 2 Billion.)    Thus the game has been transformed into 700 million tickets in play for a cash jackpot that is now worth $600 million. 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. 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. For the rest of this web page, we will just refer to these exact values as "about one half" instead of the above exact values.    As an example of scaling for different sized Jackpots, if the interest rate is 4% and the advertised annuity Jackpot is $300,000,000, then multiply the results in the 4% row by 3 to get the corresponding instant cash payout amount or annual annuity payout amounts. 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. After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24.