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This can also be stated as �One chance  in 44,642,857�. History[edit] The Big Game[edit] The Big Game logo prior to the Mega Millions name change. On March 6, 2007, the Mega Millions jackpot reached $390 million,[10] which is the record for the third largest jackpot in U. The probability for winning $1,000,000 is thus 24/302,575,350 = . 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).

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). The cash value for any Jackpot is about one-half the annuity value which brings the real value down to $1,000,000,000. 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. There are nine ways to win a prize, from $2 to the jackpot. 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.

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The October 28, 2017 Mega Millions' format change resulted in the game's first price increase: plays are $2 each ($3 with the Megaplier; up from $1 and $2 respectively); as part of the format change, the "Just the Jackpot" option was introduced to seven of the game's members. Jackpot probability/odds (Payout varies)    The number of ways the first 5 numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,5) = 1.

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If you express this as �One chance in ???�, you just divide �1� by the 0. You win by matching the numbers drawn with the numbers on your Vermont Mega Millions ticket for that draw date.

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When the jackpot is $200 million, each payment is twice as big. 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). Sharing the ticket cost with others stretches your Lotto budget. Federal Trade Commission website New Spin On Sweepstakes Scams on U.Difference Between Cash Value and Annuity If you win a Mega Millions jackpot, you will choose how to be paid: Cash Option or Annual Payout. To enter Just the Jackpot, pick up a play slip from an authorized retailer and select your numbers. The cash value for any Jackpot is about one-half the annuity value which brings the real value down to $1,000,000,000. All three tickets had been claimed by April 18, with each set of winners choosing the cash option of $158 million.[6] Contents The 2010 expansion of Mega Millions and Powerball[edit] Mega Millions lottery tickets from New Jersey (left) and New York; see below for rule variations among the game's 46 members, including where the Just the Jackpot option will be offered beginning October 28, 2017 On October 13, 2009, the Mega Millions consortium and Multi-State Lottery Association (MUSL) reached an agreement in principle to cross-sell Mega Millions and Powerball in American lottery jurisdictions, with the two groups referred to as the "Mega Power Lottery"[7] by many users. The winning ticket matched all six numbers drawn Friday night. Mega Millions' previous format began on October 19, 2013; its first drawing was three days later. It is difficult to know when a cold number will end a long losing streak. 56 % chance that you will get back $92 or less 94. With nine ways to win, Mega Millions is a $1 game thats filled with mega-fun. View one of Gail Howard's winner stories: Cynthia C won 2nd prize in Mega Millions, all 5 winning numbers without the Mega Ball. Vermont Mega Millions Megaplier® For an extra $1 per play, you can multiply your Mega Millions prize by 2, 3, 4 or 5 times the original prize amount (for all prizes except the jackpot). If you have a match with your main numbers, your prize gets multiplied by the active Megaplier multiple (2x, 3x, 4x, 5x). View Complete Game Rules ➞ GAME ODDS Prizes equal 50% of overall sales.