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The feature will be available for the next midday or evening draw, depending on when your ticket is purchased. The other Mega Millions members allow the cash/annuity choice to be made after winning (usually 60 days after claiming the ticket), although in Florida the 60-day "clock" starts with the drawing in which the jackpot prize was won. Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments. The Megaplier was made available to all Mega Millions jurisdictions in January 2011; it began as an option available only in Texas. These changes might affect the validity of certain statistical information shown across this site.

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. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24.

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After Colorado and South Dakota joined Mega Millions, this raised the number of lotteries offering the Megaplier to 37. 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. Mega Millions lottery jackpot analysis shows the amount a grand prize winner would actually get after federal and state taxes are withheld from the prize money. ... Depending on your jurisdiction, claim any prize up to 180-365 days after the draw. 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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95 Lottery Wheels After you use number selection strategies to choose a group of numbers that are best to play, the best way to win more prizes is to use a wheeling system to group the numbers into sets of tickets to buy. 5%      48,431,551        1,505,144          6,195,375   5. The new option is two plays for $3; only the jackpot can be won (or shared) on this wager.[3][4][5] The largest jackpot in Mega Millions history was $656 million annuity value (with a cash option of $474 million) for the March 30, 2012 drawing, in which there were three jackpot-winning tickets; one each in Illinois, Kansas, and Maryland.

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The product of these is the number of ways you can get this configuration:  COMBIN(5,0) x COMBIN(65,5) x COMBIN(1,1) = 8,259,888. One quick way to tell winners from losers is simply to ask them: "Do you think you are a lucky person?" Many people quickly admit, "I'm unlucky. Combination       Cash Payout       Probability      Contribution ----------------------------------------------------------------- 5 White + Mega    $228,000,000      3. Each game play on a ticket now costs $2, just like its biggest competition, Powerball. All odd numbers or all even numbers are rarely drawn, occurring less than 3% of the time. In May 1999, New Jersey joined The Big Game, the only jurisdiction to enter as a participant before The Big Game became Mega Millions in 2002. 5 Billion jackpot has now beaten Mega Millions for the world-record highest jackpot spot. Kyle (of the Virginia Lottery.) The Big Game initially was drawn weekly, on Friday. Mega Millions' fifth-largest jackpot annuity value ($390 million) was for the March 6, 2007 drawing. 5%      48,431,551        1,505,144          6,195,375   5.