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However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. The fourth matrix change occurred in June 2005, which was when California joined the game. 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. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction.

1569 back in again to get an expected after tax return of $1. We will use this number for each of the following calculations. 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. 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.

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Give yourself the chance to win huge US lottery prizes today! 00002578 3 White + Mega          200    1 in 14,546. Montana (joining Mega Millions on March 1, 2010) was the first jurisdiction to add either game after the cross-sell expansion. 09.    The following table shows the "Expected Before Taxes Cash Value" of a $2. Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions.

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If you play only the calendar numbers, you are missing out on more than half the number field, and your tickets will be very unbalanced. 3 SAME NUMBER GROUP AVOID: playing too many numbers from the same group. The following analysis assumes the annuity value of the Jackpot is $2 Billion (that�s a �B�) and there are 600 million tickets in play.

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If you want to see the claim period of a specific jurisdiction, you can do so by checking out the table below. In 2013, Wyoming became the 44th state to establish a lottery; the next year, it began, initially offering both Mega Millions and Powerball. Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. Then a single number (the Mega Number) is picked from a second pool that has 25 numbers. The "Big Money Ball" became the "Mega Ball." While the game's name was altered, the yellow ball in the new Mega Millions logo continued to read "The Big Game" until February 2003, after which it was replaced with six stars representing the original members of the consortium. Be sure your ticket accurately reflects the numbers you want to play. We then multiply the average extra expected return for all the sub-prizes (previously calculated) by this 2. The 2013-2017 version allocated about 68 percent towards the jackpot. "Just the Jackpot" option[edit] Each of the 46 Mega Millions participants, in preparation for the October 28, 2017 format change, were given the choice of offering a $3, two-game play (called "Just the Jackpot"). There are nine ways to win a prize, from $2 to the jackpot.