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The Megaplier number is randomly picked using the probability table below.    If your state has a �Megaplier� and if your state follows the probabilities posted on the Mega Million web site, then a calculation can be made for the expected return if you pay an additional $1. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. Lotto Wheeling Systems to help you win Mega Millions Use a wheel to arrange a larger group of numbers into sets of tickets to buy to guarantee a minimum prize. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning. 5%      56,062,409        1,505,144          6,195,375   4.

99 ~= 120,000,000 tickets purchased that did not win the Jackpot. ("~=" means "approximately equal to") Alternately, there were about 120,000,000 - 5,000,000 ~= 115,000,000 tickets that did not win anything. Other designs such as patterns of initials or numbers or crosses also get heavy play. Find out about Mega Millions prizes and odds of winning here.

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The probability of success is thus: 1/302,575,350 = 0. 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. Quick Pick On a Mega Millions play slip, mark the QUICK PICK (QP) box on each play, or ask the clerk for a quick pick, to let the computer terminal randomly pick numbers. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. Thus the expected cash Jackpot payout by the lottery is $400,000,000 times 0.

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On March 6, 2007, the Mega Millions jackpot reached $390 million,[10] which is the record for the third largest jackpot in U. For each draw, a number from 2 to 5 is randomly selected as the Megaplier number. Then mark the number of times each skip occurred. Be sure to include the game(s) you want, your name and your mailing address. 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.

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00 that you spend for Mega Millions tickets, you can expect to get back about $1. After Colorado and South Dakota joined Mega Millions, this raised the number of lotteries offering the Megaplier to 37. Mega Millions offers a $40 Million starting jackpot and a second-tier ... The catch is that the player is ineligible to win any of the many smaller prizes. All it takes is a buck — an enormous amount of luck — and some Smart Luck® Mega Millions strategies, of course. No ticket redemptions during these times: TUE & FRI: 7:30 P. Virgin Islands, in October 2010, and Louisiana in November 2011. On Tuesday and Friday nights, the Mega Millions live drawings take place during the 11 p.m. news on your official New York Lottery TV drawing station. Just the Jackpot wagers are not eligible to win any other prize (non-Grand Prize) in the Mega Millions game.The new game picks 5 balls out of 70 and one ball out of 25. One quick way to tell winners from losers is simply to ask them: "Do you think you are a lucky person?" Many people quickly admit, "I'm unlucky.