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5 Billion jackpot has now beaten Mega Millions for the world-record highest jackpot spot. Draws are held every Tuesday and Friday at 11:00 PM (ET) with a cutoff of 9:50 PM to purchase tickets for that evening's draw.

If we divide the result by the 302,575,350, we get . Match 4 out of 5 White numbers and match the Mega number (Payout = $10,000)    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.

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Many times, more than the minimum 3 of the number groups are not represented. Thus, the total number of equally likely Mega Millions combinations is 12,103,014 x 25 = 302,575,350. So, for the best way to win Mega Millions, wheel less than about 40 of the 70 total numbers. The first three numbers (4, 8, 15) and mega ball (42) in the Mega Millions drawing matched the first three numbers and the final number (which Hurley also used as the "mega ball" number) in the Lost sequence.

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Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements. If interest rates increased to 4 1/4 % the ratio would be 0.

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With the exciting new "Play It Again" feature, New Jersey Lottery retailers can simply scan your ticket to produce a new one for the same game, numbers, and wager amount. Each of the 46 lotteries have rules in regards to unclaimed prizes; most Mega Millions members set aside unclaimed winnings for educational purposes.[34][35] In 2007, a $31 million prize went unclaimed in New York.[36] Many prizes of $250,000 each have been unclaimed, including several in Michigan for 2007 drawings.[37] Mega Millions winners have either 180 days (California non-jackpot prizes only) or one year to claim prizes, including the jackpot (although some Mega Millions winners lose the right to collect a jackpot in cash if they wait more than 60 days after the drawing). What one group of participants gains in cash, the other group of participants must lose. After that, depending on the jurisdiction you're in, you may have even more to pay back. The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)."[3][4][5][16] [17] Mega Millions' third-largest jackpot, $540 million, was for the July 8, 2016 drawing. 5 Million Monday, March 26, 2018 2-9-23-47-54-3 Top Prize: Thursday, March 29, 2018 $1,000/Day for Life Tuesday, March 27, 2018 7-18-32-33-5 Next Jackpot: Friday, March 30, 2018 $1.Difference Between Cash Value and Annuity If you win a Mega Millions jackpot, you will choose how to be paid: Cash Option or Annual Payout. These lotteries offered the "Just the Jackpot" option upon the format change: Georgia, Hoosier Lottery, Kansas, Massachusetts, Nebraska, New Jersey, New Mexico, New York, Ohio, South Dakota, Texas, Virginia, Wisconsin, and Wyoming. If this is representative of what happened at Mega Millions headquarters, I extend my deepest sympathy to their computers. A jackpot could happen because of the luck just one member brings to your pool.