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The game costs $2 a ticket and is played by picking five numbers from a set of 70 and one Mega Ball number from a set of 25. 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.

494. (The after tax return would be less than this.) Just the Jackpot    The new version of Mega Millions provides still another way to play the game.  You can pay $3 for 2 quick picks that only participate in the Jackpot prize. (You don't have to worry about matching any of the other combinations.)    If there is an advertised Jackpot of $1 billion then the cash value of the Jackpot is about $500 million. This prize still remains the second-largest jackpot in history. Mega Millions can trace its roots back to August 1996, when it was launched as The Big Game and sold tickets across six states for its Friday night draws.

Here are Some More Details on Mega Millions Lotto Past Winning Numbers

Even more Details About Mega Millions Lotto Past Winning Numbers

Mega Millions officials may reduce prize levels for Mega Millions and/or Megaplier in the event that an unanticipated number of winner claims exceed the available prize fund for a given draw. The probability of success is thus: 3,385,200/302,575,350  = 0. Probability of winning something    If we add all the ways you can win something we get: 1 + 24 + 325 + 7,800 + 20,800 + 499,200 + 436,800 + 3,385,200 + 8,259,888 = 12,610,038 different ways of winning something. The bad news is that you paid $3 to get something worth $1. Anonymity You are obliged to go public about a jackpot win unless you live in one of the following states: Delaware, Kansas, Maryland, North Dakota, Ohio, and South Carolina.Mega Millions Home Mega Millions Mega Millions is a multi-jurisdictional game played across 46 localities in North America with a starting jackpot of $40 million.

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The ticket was worth over $211 million annuity (the cash option was chosen). If you take the annuity, you will get a series of payments that will increase at 5% per year. For each draw, a number from 2 to 5 is randomly selected as the Megaplier number. In a 70-number game like Mega Millions, numbers 1 to 35 would be in the low half, and numbers 36 to 70 would be in the high half. For payout information of all participating states please visit www.megamillions.com.

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The jackpot was shared by two tickets, both matching the numbers of 16-22-29-39-42 and Mega Ball 20. Following the cross-sell expansion, WGN also began airing Powerball drawings nationally. The Megaplier was made available to all Mega Millions jurisdictions in January 2011; it began as an option available only in Texas. 00002578 3 White + Mega          200    1 in 14,546. To enter Just the Jackpot, pick up a play slip from an authorized retailer and select your numbers. The first (The Big Game) Mega Millions drawing was in 2002; see below. (What is now Mega Millions initially was offered in six states; the logo for all versions of the game following the retiring of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership.) Mega Millions is drawn at 11 p.m. The reverse will hold true if the drawing numbers cluster in the low end of the number range.    The above chart shows the probabilities of �No Winners�, �One Winner�, and �Two or more Winners� for various numbers of tickets in play.    Each entry in the following table shows the probability of �K� tickets holding the same winning Jackpot combination given that "N" tickets are in play for a given Mega Millions game.