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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. Like Powerball, this is a big jackpot game that must have bad odds of winning in order to create lotto prizes in the hundreds of millions to close to a billion dollars range. Advantage Gold: use Chart G to see how many times a last digit has occured and what the recent trends are.

Be sure to include the game(s) you want, your name and your mailing address. The minimum age to purchase a Mega Millions ticket is 18, except in Arizona, Iowa and Louisiana, where the minimum is 21, and in Nebraska; its minimum is 19. Let�s assume that 400 million more tickets are sold. WGN served as a default carrier of both major games where no local television station carried either multi-jurisdictional lottery's drawings. This $800 million is divvied up multiple ways. (For example, see the 6 "winners" in the "3rd Thoughts" section at the end of this web page, allocations for the smaller prizes, etc.)    Only about $200 million of the new cash input goes to the Jackpot allocation. (The rate of increase in Jackpot amount for a given new cash input is based on historical Mega Million data which can be seen at ) (The increase in the advertised annuity would be about double this - or about $400 million.) The cash Jackpot is now worth $400 million plus $200 million = $600 million. (The advertised annuity value would be about double this - or about 1. If you express this as �One chance in ???�, you just divide �1� by the 0.

A lot more Resources For Mega Millions Or Powerball

A lot more Resources For Mega Millions Or Powerball

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. The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)."[3][4][5][16] [17] Mega Millions' third-largest jackpot, $540 million, was for the July 8, 2016 drawing. In 2005, Mega Millions was the target of a mailing scam. When the jackpot is $200 million, each payment is twice as big. For example if the cash value of the jackpot is $400,000,000 and there are 300,000,000 tickets in play, then the ticket�s expected cash value is fractionally under $1. Advantage Gold: use Chart I to see the current bias for odd/even numbers.

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For payout information of all participating states please visit www.megamillions.com. A strong desire for a goal that is charged with positive energy, attracts a positive response, especially when every effort is made to attain that goal - anyone can win Mega Millions prizes with the right strategies and attitude. The expansion occurred on January 31, 2010, as 23 Powerball members began selling Mega Millions tickets for their first drawing on February 2, 2010; likewise, 10 Mega Millions members began selling Powerball tickets for their first drawing the next day. Chicago-based cable superstation WGN-TV simulcast Mega Millions drawings on its national WGN America feed immediately following WGN's 9pm (Central Time) newscast.

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The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)."[3][4][5][16] [17] Mega Millions' third-largest jackpot, $540 million, was for the July 8, 2016 drawing. Megaplier     Some states use a Megaplier feature to increase non-jackpot prizes by 2, 3, 4 or 5 times. 5 Million 11/18/2014 Jaylene Smith San Jose, CA $1 Million 11/4/2014 John Manganiotis Saddle Brook, NJ $326 Million 11/4/2014 Harold Diamond Wurtsboro, NY $4 Million 11/4/2014 Margaret Clark Coram, NY $0. 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. The winning ticket matched all six numbers drawn Friday night. Rules vary according to the applicable laws and regulations in the jurisdiction where the ticket is sold, and the winner's residence (e.g. if a New Jerseyan wins on a ticket bought near their workplace in Manhattan). 4 1-2-3-4-5 AVOID: playing the combination 1-2-3-4-5 or other popular sets of numbers. View ➞ Luckiest NumbersGame Tool Is your lucky number all that lucky? It costs an additional $1 for the Megaplier play.