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Montana, offering Powerball before the expansion date, became the 24th lottery to offer the Megaplier, followed by Nebraska (the 25th), Oregon (the 26th), Arizona (as the 27th) and Maine (as the 28th lottery to offer the Megaplier option). Just the Jackpot wagers are eligible for the Mega Millions Grand Prize ONLY! Thus, if you drive one mile to (and return from) the store to buy your Mega Million ticket, your chance of being killed (or killing someone else) is nearly 7 times greater than the chance that you will win the Mega Millions Jackpot.    Alternately, if you �played� Russian Roulette 100 times per day, every day for 83 years, with Mega Millions Jackpot odds, you would have better than a 99% chance of surviving. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. Choose just the white numbers or just the gold Mega Ball number and Quick Pick all the rest.

Then mark the number of times each skip occurred. Tickets In Play        < - - - -   Cash Jackpot Size in Millions   - - - - > In Millions   100   200   300   400   500   600   700   800   900  1000 -----------------------------------------------------------------------      100     0. Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas. They were generated with Advantage Gold software, but every new drawing can alter values slightly, so this page may be outdated from the exact current values. Therefore, (75 x 74 x 73 x 72 x 71)/ (5 x 4 x 3 x 2 x 1) x 15 = 258,890,850, which means any combination of five white balls plus the Megaball has a 1:258,890,850 chance of winning the jackpot.

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Thus, the total number of equally likely Mega Millions combinations is 12,103,014 x 25 = 302,575,350. Virgin Islands How to Play: Choose 5 numbers 1-70 and 1 number 1-25 Price: $2 *NEW* Drawings: Tuesdays and Fridays How to Win Mega Millions: Match all 5 winning numbers and the Mega ball number Official Website: Mega Millions Lottery Advantage Gold History File: MM0570.slh About Mega Millions Mega Millions is a popular multi-state lottery which currently has a 5/70+1/25 number format, since October 31, 2017. 9 million (as noted below, interest rates change, resulting in different ratios between the cash values and annuity values of jackpots). 2 CONSECUTIVE NUMBERS AVOID: too many consecutive lotto numbers in a combination. Nebraska (March 20, 2010), Oregon (March 28, 2010), Arizona (April 18, 2010), Maine (May 9, 2010), Colorado and South Dakota (the latter two on May 16, 2010) also have joined Mega Millions since the expansion. Buy your lottery ticket online or in stores for Mega Millions number drawings held every Tuesday and Friday!

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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 jackpot is $306 million.  There is a one-time cash option of $193 million.   If there is no winner, the next drawing will be Tuesday, Jan. The buying frenzy has decreased the expected cash value of a ticket from $1. If we divide the result by the 302,575,350, we get .

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Until January 2016, the game held the honour of generating the third-largest lottery jackpot in the world, after three winning ticket holders split a top prize of $656 million in March 2012. The probability of success is thus: 499,200/ 302,575,350 = 0. The probability of success is thus: 20,800/302,575,350 = 0. Virgin Islands How to Play: Choose 5 numbers 1-70 and 1 number 1-25 Price: $2 *NEW* Drawings: Tuesdays and Fridays How to Win Mega Millions: Match all 5 winning numbers and the Mega ball number Official Website: Mega Millions Lottery Advantage Gold History File: MM0570.slh About Mega Millions Mega Millions is a popular multi-state lottery which currently has a 5/70+1/25 number format, since October 31, 2017.