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Drawings are held twice a week, on Tuesdays and Fridays. Otherwise, you'll be spending MORE money chasing a SMALLER guaranteed prize. Five balls are drawn from a set of balls numbered 1 through 70; one ball is drawn from a set of balls numbered 1 through 25.

Your overall chances of winning any prize are 1 in 24. The probability of success is thus: 3,385,200/302,575,350  = 0. Mega Millions® Matches, Prizes and Odds (based on a $2 play) Overall odds of winning a prize are approximately 1:24 *If there are multiple winners of the Jackpot on any given drawing, the prize money will be divided equally among all the winners. First Mega Millions copies Powerball's game format, then tries to replace it as America's Favorite Lottery Game. However you get 2 tickets which brings the expected value up to $1. Advantage Gold: use Chart 5 to see which numbers are more likely to become repeat hits.

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6 million, making them the highest odds of any other state or multi-state lottery game ever played in the United States. The odds of winning the Mega Millions jackpot are 1 in 302. For more information, you can ask your local lottery retailer and you can also contact your nearest lottery office.The Lottery offers players both instant and drawing-style games. 5 to 1 � which would be an increase of 1 ticket in play for every $2 increase in the annuity Jackpot.)    For example, if the preceding game had an advertised annuity payout amount of $200,000,000 and the current game has an advertised annuity payout amount of $250,000,000, then there are about 250,000,000 - 200,000,000 = 50,000,000 tickets in play for the current game. (Past Jackpot amounts can be seen at: . 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.

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After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. The Megaplier is drawn by the Texas Lottery (before the cross-sell expansion on January 31, 2010, it was the only lottery to offer Megaplier), which is drawn by a random number generator (RNG).

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For example: If 200,000,000 tickets are in play for a Mega Millions game, then there is a 0. 000000003304961888, which yields �One chance in 302,575,350�. No other win is paid out, and some jurisdictions do not offer this option. Chicago-based cable superstation WGN-TV simulcast Mega Millions drawings on its national WGN America feed immediately following WGN's 9pm (Central Time) newscast. So, for the best way to win Mega Millions, wheel less than about 40 of the 70 total numbers. Draw up an agreement and have the members of your pool sign it. The 2013-2017 version allocated about 68 percent towards the jackpot. "Just the Jackpot" option[edit] Each of the 46 Mega Millions participants, in preparation for the October 28, 2017 format change, were given the choice of offering a $3, two-game play (called "Just the Jackpot").