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We will use this number for each of the following calculations. View one of Gail Howard's winner stories: Cynthia C won 2nd prize in Mega Millions, all 5 winning numbers without the Mega Ball. 9 Million 12/12/2014 Young Soon Cho Los Angeles, CA $1 Million 12/5/2014 Mark Paul Chicopee, MA $0. And be sure to play with people you actually know.

Of course you get to pay taxes on any large payout, so your net return is even less. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately. 01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware. Megaplier     Some states use a Megaplier feature to increase non-jackpot prizes by 2, 3, 4 or 5 times. 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.

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Q 430: Why are there more Mega Millions numbers showing in Advantage Gold when using Bonus Only than the Mega ball uses? You may play up to five (5) panels on a single play slip. Your play slip does not constitute evidence of a ticket purchase or of numbers selected. The Megaplier offers players the chance to receive a payout up to $5 million, without winning the jackpot.

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Your overall chances of winning any prize are 1 in 24. However, this has to be reduced by 40% for taxes. Mega Millions offers a $40 Million starting jackpot and a second-tier ... 5 Million 2/14/2014 Rondal & Eumeka Saxton Los Angeles, CA $1 Million 2/7/2014 Randy Brown Man, WV $0. 5 billion.[14] three jackpot-winning tickets had been confirmed (Illinois, Kansas, and Maryland).[15] Mega Millions' second-largest jackpot, $648 million, was for the December 17, 2013 drawing.

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The total number of ways to pick the 6 numbers is the product of these two partial calculations. If interest rates increased to 4 1/4 % the ratio would be 0. Read about Mega Millions prizes and odds of winning. If we follow the 700 million ticket row to the right until we reach the $600 million column, we find an expected cash jackpot value of $1. For example if the cash value of the jackpot is $400,000,000 and there are 300,000,000 tickets in play, then the ticket�s expected cash value is fractionally under $1. Not known is whether a second series of playslips would be printed for lotteries offering "Just the Jackpot" beginning after the October 28, 2017 format change. "Just the Jackpot" wagers and regular Mega Millions plays are printed on separate tickets. For an additional fee of $1, players can purchase the Megaplier option to multiply all non-jackpot wins by the draw's Megaplier number. The product of these is the number of ways you can get this configuration:  COMBIN(5,2) x COMBIN(65,3) x COMBIN(1,1) = 436,800. Get to Know the Megaplier in Three Steps Select the Megaplier box on your Mega Millions ticket. The bad news is that you paid $3 to get something worth $1. 95 Lottery Wheels After you use number selection strategies to choose a group of numbers that are best to play, the best way to win more prizes is to use a wheeling system to group the numbers into sets of tickets to buy. If we follow the 700 million ticket row to the right until we reach the $600 million column, we find an expected cash jackpot value of $1.