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If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0. Louis, MS $536 Million 7/8/2016 Warren D, LLC Cambridge City, IN $1 Million 7/8/2016 Marcus Gonzalez Sharon, MA $1 Million 7/5/2016 Dana Pelletier Coral Gables, FL $5 Million 6/17/2016 Billy's Bunch Harrisville, RI $1 Million 6/10/2016 Wilmington co-workers Wilmington, NC $1 Million 5/27/2016 Richard Hopper Sr. 3 SAME NUMBER GROUP AVOID: playing too many numbers from the same group. Numbers that have been out (losers) for six games or less account for many of the winning numbers. 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. 6 REPEAT HITS LOTTERY TIPS PLAY: no more than one number from the last drawing In the 5/70 MEGA Millions, on average, one or more lottery numbers will be a repeat hit from the last drawing only about 33% of the time.

Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. For the November 15, 2005 drawing, a group called "The Lucky 7" held the only jackpot-winning ticket, purchased in Anaheim, California, winning $315 million.

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The number of balls in the main draw increased to 75, while the Mega Ball pool decreased to just 20 numbers. It costs an additional $1 for the Megaplier play. Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax.

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3rd largest Jackpot - December 17, 2013, the jackpot almost beat the record, reaching $648 million, which was split between 2 winners. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene.

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Q: Is 2 numbers worth anything in Mega Millions?   A: You can get a prize for matching 1 white ball with the gold mega ball, but not for matching just 2 white balls alone. You can select QUICK PICK for any or all of the 5 numbers in the upper panel and/or the 1 number in the lower panel. At $570 million, it is the fifth-largest in the game's history and seventh-largest in United States history. Individually, the five white balls, several seconds apart, drop through a hole in the bottom of the mixing drum. Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions. So, the ROB (Return On Bet) is very poor for the other prize categories as well. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. The drawing will be Saturday.  The odds of winning one of the jackpots is roughly one in 259 million for Mega Millions and one in 292 million for Powerball. Taxes If your Mega Millions ticket nets you more than $5,000, you'll be expected to pay 25% Federal tax right off the bat. 41 % chance that you will get back $68 or less 69. Draw up an agreement and have the members of your pool sign it. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets. 6 Million 11/4/2014 Emaley and Alex Escalera Stockton, CA $1 Million 10/31/2014 17 Amigos LLC East Meadow, NY $1 Million 10/28/2014 The Mega 12 St. The number of ways your fifth initial number can match any of the 65 losing White numbers is COMBIN(65,1) = 65.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. The jackpot prize shall be paid at the election of the player no later than 60 days after the player becomes entitled to the prize with either a per winner annuity or a one-time cash payment. California's eight lower-tier Mega Millions prize pools are separate from those shared by the other 45 lotteries.