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5%      48,431,551        1,505,144          6,195,375   5. Jackpots could be claimed only via the annuity option. If interest rates increased to 4 1/4 % the ratio would be 0.

1569 back in again to get an expected after tax return of $1. Q 127: How do I pick the best numbers to use for just the Mega Ball?

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The calculated value of a ticket includes the possibility that you will share the Jackpot with someone else.    The first calculation is: �What is the probability that the jackpot will be won?� This is simply (1. 1128 probability that exactly two of these tickets will have the same winning combination.

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Or, match three or more 5/70 numbers to win prizes without the Mega Ball. Decide if you want to include the Megaplier or take the Just the Jackpot option, if it's available in your jurisdiction. Not only are they unlucky, but they dampen enthusiasm and drain energy from others.

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Mega Millions and Powerball[edit] Alabama, Alaska, Hawaii, Mississippi, Nevada and Utah do not sell lottery tickets. No other win is paid out, and some jurisdictions do not offer this option. 00 lottery ticket that you buy    The first task is to construct a table where each row lists the winning combination, the payout, the probability of this payout, and the contribution to the expected return (Equals payout times probability.) The probabilities are the same ones we derived earlier. The best piece of advice regarding tax laws is: If you win a large amount of money playing the lottery, get in touch with the relevant jurisdiction officials to advise you on what you'll be expected to pay. View one of Gail Howard's winner stories: Cynthia C won 2nd prize in Mega Millions, all 5 winning numbers without the Mega Ball.