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0%      45,154,305        1,505,144          6,195,375   6. 2 Megaplier® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. When the jackpot is $200 million, each payment is twice as big. Advantage Gold: use Chart E to see more information about group trends.

If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. No other win is paid out, and some jurisdictions do not offer this option. It is just one of life's dirty tricks that the very fear of losing blocks the winning forces. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. 5 Million 7/22/2016 Christina Ford Dallas, GA $1 Million 7/8/2016 Michael D. The minimum jackpot was then $15 million, with rollovers of at least $5 million.

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TICKET SALES & REDEMPTION No ticket sales during these times: TUE & FRI: 7:30 P. Smart Luck strategies show you how to understand and use historical data. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene. Find out just how much you will get from the Powerball and Mega Millions lotteries.

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The number of ways the 4 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,4) = 677,040.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. Relatively hot numbers are more likely to hit, but don't forget to include at least one long shot number in your group of 5. 9 million (as noted below, interest rates change, resulting in different ratios between the cash values and annuity values of jackpots). 6 REPEAT HITS LOTTERY TIPS PLAY: no more than one number from the last drawing In the 5/70 MEGA Millions, on average, one or more lottery numbers will be a repeat hit from the last drawing only about 33% of the time. Buy your lottery ticket online or in stores for Mega Millions number drawings held every Tuesday and Friday! It's strongly recommended that where there are large sums of money involved you seek expert tax advice.

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You can buy a Mega Millions ticket from an official ticket dealer in any of the states participating in MEGA Millions: Arkansas, Arizona, California, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, Washington, D. The cash value for any Jackpot is about one-half the annuity value which brings the real value down to $1,000,000,000. Beginning with the October 22, 2013 drawing, the second-tier prize (Match 5 + 0) is increased by 2, 3, 4 or 5 times when Megaplier is purchased. Mega Millions tickets bought with the Megaplier option, beginning September 12, 2010, automatically won $1 million (instead of $250,000) if the five white balls – but excluding the Mega Ball – are matched. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. The product of these is the number of ways you can get this configuration:  COMBIN(5,0) x COMBIN(65,5) x COMBIN(1,1) = 8,259,888. 00 that you spend for Mega Millions tickets, you can expect to get back about $1. 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. Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas.