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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. We’re looking forward to Saturday’s $570 million Powerball jackpot.

For example, for an advertised jackpot of $200 million, the initial payment would be approximately $3 million, with future payments growing to as much as $12. 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. Mega Millions Jackpot records: 2nd largest Jackpot - March 30, 2012: jackpot of $656 million which was split among 3 winners. A jackpot could happen because of the luck just one member brings to your pool.

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Includes past winning numbers, random number generator, game analysis, how and where to play. 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. In addition to the lotto jackpot, there are eight other ways to win Mega Millions in prize categories from $2 (Mega Ball only) to $1,000,000 (for 5 numbers matched without the Mega Ball). Contact your Mega Millions lottery for detailed information.

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01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware. Jackpots in the hundreds of millions of dollars range are not uncommon for Mega Millions and will likely become larger more frequently with these new game changes. The probability of success is thus: 1/302,575,350 = 0. If you play a number every drawing because you think it is due, you could be chasing it for many months.

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Of course you get to pay taxes on any large payout, so your net return is even less. Mega Millions Lottery: Latest Results Mega Millions results show the five main lucky numbers and Bonus Number (Mega Millions calls it the Mega Ball). 6 Million 3/30/2012 Merle & Patricia Butler Red Bud, IL $32 Million 8/19/2011 Candido Oliveira Dorchester, MA $107 Million 7/1/2011 Brian McCarthy McLean, VA $27 Million 5/13/2011 Kendall Warren Kalamazoo, MI $51 Million 5/3/2011 Ronnie Orender Bakersfield, CA $72 Million 4/15/2011 John Gillen Staten Island, NY $319 Million 3/25/2011 The Albany 7 Albany, NY $46. In Lotto, the Trend is Your Friend The shortest, easiest way to search for lotto numbers that have the greatest probability of winning is to track the trends. Mega Millions still holds the record for the 2nd largest jackpot in the world after it had the top spot for years. IT REALLY WORKS!!" Lonnis & Janice Eavey Win with Lotto Software and Books See all Smart Luck lottery software and lotto books or the full lottery product guide and list of best lottery software and books for your state to use for Mega Millions. Take your tickets and head to your favorite lottery retailer today to "Play it Again"!Mega Millions drawings are held Tuesday and Friday at 11:00 pm ET. On the other hand, some residents of New York City and Yonkers, New York pay three levels of income tax, as these cities levy income taxes. CHECK YOUR WINNINGS Check your texts, email, local news, etc. to see if you won big!