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00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists. The first machine continued to hold white 52 balls, while 16 gold balls were added in the second, meaning there were 52 numbers to pick from in both parts of each $1 game. The first drawing under the revised 5/75 + 1/15 format—which saw the jackpot estimate "leap" to $55 million due to the change in the annuity structure—occurred on October 22, 2013.

The first drawing under the revised 5/75 + 1/15 format—which saw the jackpot estimate "leap" to $55 million due to the change in the annuity structure—occurred on October 22, 2013. Each of the 46 lotteries have rules in regards to unclaimed prizes; most Mega Millions members set aside unclaimed winnings for educational purposes.[34][35] In 2007, a $31 million prize went unclaimed in New York.[36] Many prizes of $250,000 each have been unclaimed, including several in Michigan for 2007 drawings.[37] Mega Millions winners have either 180 days (California non-jackpot prizes only) or one year to claim prizes, including the jackpot (although some Mega Millions winners lose the right to collect a jackpot in cash if they wait more than 60 days after the drawing). So, for the best way to win Mega Millions, wheel less than about 40 of the 70 total numbers. 4 Million 11/5/2013 Edward Shaw Oceanside, CA $1 Million 11/1/2013 Sandra Castro Fort Stockton, TX $0. Both drawings were removed from WGN America in late 2014 when it ceased carrying WGN's newscasts.[39] Two machines are used in each Mega Millions drawing.

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Beginning with the October 22, 2013 drawing, the second-tier prize (Match 5 + 0) is increased by 2, 3, 4 or 5 times when Megaplier is purchased. 6 million, making them the highest odds of any other state or multi-state lottery game ever played in the United States. 0%      30,912,469        1,505,144          6,195,375 (All results rounded to the nearest $1)    Note that the cash value of the Jackpot is normally about one half of the advertised value of the Jackpot. The latest winning Mega Millions numbers, a random number generator, game statistics and a prize breakdown with payouts and winners for each draw. The product of these is the number of ways you can get this configuration:  COMBIN(5,2) x COMBIN(65,3) x COMBIN(1,1) = 436,800. 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.

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In Mega Millions, with two drawings a week, a set of five numbers plus the Gold Mega Ball has a chance of being drawn once every 2,909,378 years!!! The catch is that the player is ineligible to win any of the many smaller prizes. On January 31, 2010, Mega Millions expanded to include the 23 MUSL members; as of that date, 35 jurisdictions were participating in Mega Millions.

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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. First Mega Millions copies Powerball's game format, then tries to replace it as America's Favorite Lottery Game. A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. It is unlikely that even 4 same last digits will hit together. 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. Or, match three or more 5/70 numbers to win prizes without the Mega Ball. 2 CONSECUTIVE NUMBERS AVOID: too many consecutive lotto numbers in a combination. 0416757 as a probability of winning something.  1 divided by 0. Thus the expected cash Jackpot payout by the lottery is $400,000,000 times 0.