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PLAY MULTIPLE DRAWINGS Buy up to 13 weeks (26 drawings) in advance. Be sure your ticket accurately reflects the numbers you want to play. The drawing will be Saturday.  The odds of winning one of the jackpots is roughly one in 259 million for Mega Millions and one in 292 million for Powerball. This chart shows the various Megaplier prizes, payouts and the odds of a certain Megaplier number being drawn: Just the Jackpot Just the Jackpot was introduced in October 2017 and gives players two chances at winning the jackpot prize for the price of $3. It's strongly recommended that where there are large sums of money involved you seek expert tax advice.

For more information, you can ask your local lottery retailer and you can also contact your nearest lottery office.If you're looking for up-to-the-minute California, MEGA Millions lottery info, such as lottery results, look no further. Annual payments for Mega Millions® are not equal. Thus the "expected value" of your $2 ticket will be on the left side of the table unless the advertised Jackpot is over One $Billion. (That's a "B")    We can also see what happens to the expected value of a ticket if a buying frenzy should develop at this point. If you choose the Just the Jackpot wager, you will only be eligible to win the jackpot prize. It's true that the more numbers you wheel, the easier it is to trap the winning numbers in your chosen group. If you want to see the claim period of a specific jurisdiction, you can do so by checking out the table below.

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Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax. Mifflintown, PA $1 Million 8/18/2015 Francois Marrec, Jr. The reverse will hold true if the drawing numbers cluster in the low end of the number range.    The above chart shows the probabilities of �No Winners�, �One Winner�, and �Two or more Winners� for various numbers of tickets in play.    Each entry in the following table shows the probability of �K� tickets holding the same winning Jackpot combination given that "N" tickets are in play for a given Mega Millions game.

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On May 28, 2010, North Carolina became the first Powerball member (just before the cross-selling expansion) to produce a jackpot-winning Mega Millions ticket after joining Mega Millions, with an annuity jackpot of $12 million. 75, the odds of a 4 being selected are 1:5, and the odds of a 5 being selected are 1:2. At $570 million, it is the fifth-largest in the game's history and seventh-largest in United States history.

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0 because you would win �1 unit� of the sub prizes just from your simple ticket purchase. 00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists. If the results of these random number selections match one of the winning combinations on your lottery ticket, then you win something. Mega Millions jackpot winners will select their payment preference at the time of their prize claim. And this is for an advertised $2 Billion Jackpot. Jackpots in the hundreds of millions of dollars range are not uncommon for Mega Millions and will likely become larger more frequently with these new game changes. Note: You can get a rough estimate of the number of tickets in play as follows. History[edit] The Big Game[edit] The Big Game logo prior to the Mega Millions name change. 75, the odds of a 4 being selected are 1:5, and the odds of a 5 being selected are 1:2. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene. At $570 million, it is the fifth-largest in the game's history and seventh-largest in United States history.