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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. Mifflintown, PA $1 Million 8/18/2015 Francois Marrec, Jr. Combination       Cash Payout       Probability      Contribution ----------------------------------------------------------------- 5 White + Mega    $228,000,000      3. One such usage involved character Hugo "Hurley" Reyes playing the sequence in a similar "Mega Lotto" game, winning a nine-figure jackpot and subsequently experiencing numerous misfortunes in his personal life. It's Easy to Play ➞ GAME TOOLS Take your game to the next level with our helpful tools.

Elecia Battle made national headlines in January 2004 when she claimed that she had lost the winning ticket in the December 30, 2003 Mega Millions drawing.[43] She then filed a lawsuit against the woman who had come forward with the ticket, Rebecca Jemison. 1 Jackpot Option - payment option as designated on the winning ticket(s) CVO = Cash Value Option AP = 30 Annual Payments* *The Grand/Jackpot Prize is paid in 30 annual graduated installments.

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For the November 15, 2005 drawing, a group called "The Lucky 7" held the only jackpot-winning ticket, purchased in Anaheim, California, winning $315 million. Many times, more than the minimum 3 of the number groups are not represented. Patterns of numbers marked in a row to make a straight line, either across the bet slip vertically or diagonally get heavy play—which means sharing the prize with others if the numbers are drawn as winners. The amount spent on Mega Millions for drawings following its previous jackpot win, on January 24, 2012, was at least $1. We then multiply the average extra expected return for all the sub-prizes (previously calculated) by this 2. 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.

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Advantage Gold: use Chart I to see the current bias for odd/even numbers. 4 1-2-3-4-5 AVOID: playing the combination 1-2-3-4-5 or other popular sets of numbers.

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Record jackpots (listed by cash value)[edit] Revenue[edit] Approximately 50% of Mega Millions sales is returned to players as prizes; the remainder is split (each lottery has different rules regarding these funds) among retailers, marketing, and operations, as well as the 46 jurisdictions offering the game; different lotteries uses the proceeds in different ways.[41] Miscellany[edit] In the aftermath of the attack on the World Trade Center on September 11, 2001, the legislature in Albany, fearing a monumental loss of revenue, passed legislation the following month, which was signed by Governor George Pataki, which included joining a multi-jurisdictional lottery game. Upon winning the jackpot the player may choose, following ticket validation, either the annuity payment option or the cash payment option. The Texas Lottery owns the trademark to Megaplier.[8] On June 24, 2005, to commemorate California joining Mega Millions, that night's drawing was held in Hollywood, with Carrie Underwood assisting host Glenn Burns for the draw. If this is representative of what happened at Mega Millions headquarters, I extend my deepest sympathy to their computers. California's second prize is a "secondary jackpot"; its payout sometimes exceeds $1 million cash, even though California does not offer the Megaplier.[33] Payment options and claiming prizes[edit] In Georgia, New Jersey, and Texas, players must choose, in advance, whether they wish to collect a jackpot prize in cash or annuity. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. Patterns of numbers marked in a row to make a straight line, either across the bet slip vertically or diagonally get heavy play—which means sharing the prize with others if the numbers are drawn as winners. Certain jurisdictions consider lottery winnings taxable under income tax laws - you can find these rates for each jurisdiction below. In Texas and most other locations, you can also choose to pay an addition $1 per game to multiply any non-jackpot prizes by 2x, 3x, or 4x with the Megaplier to increase your smaller winnings.