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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. The Megaplier multiplier (2, 3, 4 or 5) is drawn before the Mega Millions winning numbers. The product of these is the number of ways you can get this configuration:  COMBIN(5,4) x COMBIN(65,1) x COMBIN(1,1) = 325. 41 % chance that you will get back $68 or less 69. The winning ticket matched all six numbers drawn Friday night.

What all lottery players should know if they win over $1B Mega Millions, Powerball jackpots Powerball jackpot surpasses half-billion dollar mark after no winning tickets sold Mega Millions jackpot jumps to $418 million "Congratulations to Florida on their big jackpot win," Mega Millions lead director and Maryland Lottery chief Gordon Medenica said in a statement. "This has been an exciting run for Mega Millions players and a great way to start off the new year! The maximum value of a single Vermont Mega Millions ticket shall not exceed $100. WGN served as a default carrier of both major games where no local television station carried either multi-jurisdictional lottery's drawings. The product of these is the number of ways you can get this configuration:  COMBIN(5,3) x COMBIN(65,2) x COMBIN(1,1) = 20,800. For the calculations below, an advertised "annuity" value for the Jackpot of $100,000,000 is assumed. (The $100,000,000 could be your share of a shared Jackpot.) The amounts in the table can be directly scaled for any arbitrary Jackpot size. (All amounts are BEFORE taxes.) Interest    Immediate      First Payment      Last Payment   Rate     Cash Payout    If Take Annuity    If Take Annuity   3. In January 2012, Mega Millions' rival Powerball was altered; among the changes were a price increase of $1 for each play, as a result, a base game costs $2, or $3 with the Power Play option.

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Mega Millions Subscription‍ Welcome to the Subscription Center for Vermont's Mega Millions game. Eastern Time on Tuesday and Friday evenings, including holidays.[1] Mega Millions is administered by a consortium of its 12 original lotteries;[2] the drawings are held at the studios of WSB-TV in Atlanta, Georgia,[1] supervised by the Georgia Lottery. The jackpot was shared by two tickets, both matching the numbers of 16-22-29-39-42 and Mega Ball 20. The Mega Millions jackpot resets to its new starting value of $40 million ($25 million cash) for the next drawing on Tuesday. Record jackpots[edit] The largest Mega Millions jackpot, advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012. Many times, more than the minimum 3 of the number groups are not represented.

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The "Megaplier" option (which again is not offered in California) was retained, with an adjustment to its multipliers. (The final jackpot for the $1 version was $30 million, which was not won; the initial jackpot for the new version would still be $40 million with a jackpot hit.) Mega Millions prize tiers effective October 28, 2017 (changed amounts in boldface) for a $2 base play (except prizes won in California): 5+MB: Jackpot; starting jackpot raised to $40 million (annuity value) 5+0: $1,000,000 ($1,000,000) 4+MB: $10,000 ($5,000) 4+0: $500 ($500) 3+MB: $200 ($50) 3+0: $10 ($5) 2+MB: $10 ($5) 1+MB: $4 ($2) 0+MB: $2 ($1) The new prize structure allocates roughly 75 percent of the prize pool for the jackpot; this is, in part, to facilitate the new Just the Jackpot option. Advantage Gold: use Chart 5 to see which numbers are more likely to become repeat hits. Advantage Gold: use Chart A to see which numbers have hit as neighboring (consecutive) pairs, triads, or more. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately.

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999999996695 COMBIN(N,K)  = number of ways to select K items from a group of N items x   =  multiply terms ^   =  raise to power (e.g.  2^3 = 8 ) Sample Calculation to Find the Expected Cash Ticket Value Considering the Number of Tickets That are in Play    For this example we will assume the cash value of the Jackpot is $400,000,000 (The advertised value of Jackpot would be about double this.) and there are 300,000,000 tickets in play for the current game. The most recent additions to Mega Millions were the U. The Big Game Mega Millions[edit] The Big Game Mega Millions logo following the addition of the name Mega Millions Ohio and New York joined The Big Game consortium on May 15, 2002, when the game was renamed The Big Game Mega Millions, temporarily retaining the old name and the original "gold ball" logo. Mega Millions still holds the record for the 2nd largest jackpot in the world after it had the top spot for years. View ➞ Colorado Lottery App The Colorado Lottery’s mobile app is the golden ticket of apps – it costs you nothing and is worth millions. ABC News Yunji De Nies and Suzan Clarke report: Mega Millions fever is gripping the nation. 3 Million 10/17/2014 Sean Ransom Inglewood, CA $1 Million 10/14/2014 Lisa Metz Hutchison, KS $1 Million 10/14/2014 Michael Schmitt Massapequa Park, NY $1. 02 % chance that you will get back $554 or less 99. Choose just the white numbers or just the gold Mega Ball number and Quick Pick all the rest. 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). Two winning tickets, one each from California and Georgia, were sold. Mega Millions jackpot winners will select their payment preference at the time of their prize claim. Advantage Gold: use Chart A to see which numbers have hit as neighboring (consecutive) pairs, triads, or more. 8 Simple Things to Avoid So You Save Money When Playing Lotto Lotto players who select their lottery numbers thoughtlessly or foolishly are destined to lose even before the drawing takes place.