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The model used for Mega Millions is the Criterion II, manufactured by Smartplay International of Edgewater Park, New Jersey. Note: This web page had over 50,000 hits for the large Jackpot on Jan. A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements. Current Mega Millions members[edit] As of October 2017, Mega Millions is available in 44 states and the District of Columbia ( in blue), plus the US Virgin Islands (not shown) Mega Millions replaced The Big Game in 2002 (see below for the evolution of the name Mega Millions). The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1.

View Complete Game Rules ➞ GAME ODDS Prizes equal 50% of overall sales. Combination       Cash Payout       Probability      Contribution ----------------------------------------------------------------- 5 White + Mega    $228,000,000      3. Both winners chose the cash option, with each share $116,557,083 before withholdings.[11] 2010 cross-sell expansion[edit] The New Jersey Lottery, among others, in early 2009 announced it would seek permission to sell Powerball tickets alongside Mega Millions. The 11 Mega Millions lotteries without Megaplier on the January 31, 2010 cross-selling date gradually added the multiplier option; by January 2011, all Mega Millions lotteries, except for California, offered the Megaplier. Otherwise, you'll be spending MORE money chasing a SMALLER guaranteed prize.

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For payout information of all participating states please visit www.megamillions.com. 000000003304961888, which yields �One chance in 302,575,350�. Many players like to bet the numbers that have won someone else a big jackpot, and by doing so, they are almost guaranteed NOT to win. View Complete Game Rules ➞ GAME ODDS Prizes equal 50% of overall sales. The number of ways 5 numbers can be randomly selected from a field of 70 is: COMBIN(70,5) = 12,103,014. (See the math notation page or Help in Microsoft's Excel for more information on �COMBIN�).    For each of these 12,103,014 combinations there are COMBIN(25,1) = 25 different ways to pick the sixth number (the �Mega� number). 2017 version, the price of a ticket has been increased to $2 from $1.

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Remaining non-jackpot prizes will be multiplied 2, 3, 4, ... 5 PATTERN BETTING AVOID: playing a combination based on how the marked numbers look on your ticket Pattern betting is an even more popular method of marking bet slips, but it is not a good way to win Mega Millions. At $570 million, it is the fifth-largest in the game's history and seventh-largest in United States history. 1569 for the smaller prizes (no taxes for prizes under $10,000) so $0. 95 Lottery Wheels USE BALANCED WHEEL® SYSTEMS Balanced Wheeling® Systems allow you to bet a large group of numbers (more than 5), play scientific combinations of that group of numbers, and get a specific minimum win guarantee. If you have a match with your main numbers, your prize gets multiplied by the active Megaplier multiple (2x, 3x, 4x, 5x).

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Lower interest rates will increase this fraction while higher interest rates will decrease the cash payout.    The following table shows the relative amounts that you would receive given various interest rates. 24698 (Used for before taxes, non Jackpot, cash value calculations) Thus, for each $2. It's strongly recommended that where there are large sums of money involved you seek expert tax advice. Taxes will subsequently be subtracted/withheld from these payments.)    If  you take an immediate cash payment instead of the 30 year annuity, you will get about one half (before taxes) of the advertised "annuity" value of the game. In an effort to top the Powerball jackpots, the new Mega Millions lottery has increased the jackpot odds by 40 percent—and added more states to the mix. After Colorado and South Dakota joined Mega Millions, this raised the number of lotteries offering the Megaplier to 37. California Numbers news and information including the latest California Numbers results. ... Remember, the advertised Mega Millions jackpot is the annuity jackpot, which means it's the amount that you would receive if you were to opt for the money to be paid out over 29 annual payments (plus a one-off initial payment). Mega Millions lottery jackpot analysis shows the amount a grand prize winner would actually get after federal and state taxes are withheld from the prize money. ... The first drawing under the revised 5/75 + 1/15 format—which saw the jackpot estimate "leap" to $55 million due to the change in the annuity structure—occurred on October 22, 2013. 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.