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With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun. The probability of success is thus: 436,800/302,575,350  = 0. 00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists. This $800 million is divvied up multiple ways. (For example, see the 6 "winners" in the "3rd Thoughts" section at the end of this web page, allocations for the smaller prizes, etc.)    Only about $200 million of the new cash input goes to the Jackpot allocation. (The rate of increase in Jackpot amount for a given new cash input is based on historical Mega Million data which can be seen at ) (The increase in the advertised annuity would be about double this - or about $400 million.) The cash Jackpot is now worth $400 million plus $200 million = $600 million. (The advertised annuity value would be about double this - or about 1.

Mega Millions Stats Odds: 1 in 302,575,350 Jackpot: Minimum $40 million Pick Size: Pick-5 + Pick-1 Powerball type Where to Play: 44 States, DC, and U. History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery.

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Double-check your numbers and the draw date before signing the back of your ticket and cashing it in. Advantage Gold: use Chart A to see which numbers have hit as neighboring (consecutive) pairs, triads, or more. 6 Million 3/30/2012 The Three Amigos Milford Mill, Maryland $218. It is difficult to know when a cold number will end a long losing streak. Generally (an exception is Virginia), minors can win on tickets received as gifts; the rules according to each Mega Millions member vary for minors receiving prizes.

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52 % chance that you will get back $572 or less 99. Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner[1] (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option. In addition to the lotto jackpot, there are eight other ways to win Mega Millions in prize categories from $2 (Mega Ball only) to $1,000,000 (for 5 numbers matched without the Mega Ball). Depending on your jurisdiction, claim any prize up to 180-365 days after the draw. In certain states, such as Wisconsin, your numbers will be generated by the terminal.

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On May 15, 2002, the game was renamed The Big Game Mega Millions; shortly after, it became just Mega Millions. 5 Million 2/13/2015 Bill Deluca Coalinga, CA $1 Million 1/30/2015 Marianna Lauro Kenilworth, NJ $265 Million 1/16/2015 Jesus Davila Jr. 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. We will use this number for each of the following calculations. If the results of these random number selections match one of the winning combinations on your lottery ticket, then you win something. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. 2 million -- the claim must be filed within 60 days of the drawing. Man Who Wins $5 Million Find Mega Millions winning Lottery numbers and Lottery payouts at the official PA Lottery website.