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Draws take place in Atlanta, Georgia, on Tuesdays and Fridays, at 11 p.m. 2 million -- the claim must be filed within 60 days of the drawing. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately. If we follow the 700 million ticket row to the right until we reach the $600 million column, we find an expected cash jackpot value of $1. If no one wins the jackpot, the money is added to the jackpot for the next drawing.Mega Millions at a Glance Mega Millions is one of the two large multi-state lottery games played in the U. The annuity—which was 20 annual payments (no cash option was available) when The Big Game began—changed from 26 equal yearly installments to 30 graduated annual payments (increasing 5 percent yearly) with the format change on October 19, 2013.

Following the cross-sell expansion, WGN also began airing Powerball drawings nationally. Beginning in January 1999, jackpot winners were given the option to receive their prize in cash.

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Choose just the white numbers or just the gold Mega Ball number and Quick Pick all the rest. The first (The Big Game) Mega Millions drawing was in 2002; see below. (What is now Mega Millions initially was offered in six states; the logo for all versions of the game following the retiring of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership.) Mega Millions is drawn at 11 p.m. Be sure to include the game(s) you want, your name and your mailing address. We will use this number for each of the following calculations. Relatively hot numbers are more likely to hit, but don't forget to include at least one long shot number in your group of 5.

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The number of ways your final number can match any of the 24 losing Mega numbers is: COMBIN(24,1) = 24. (Pick any of the 24 losers.) Thus there are COMBIN(5,5) x COMBIN(24,1) = 24 possible combinations. However, unlike Powerball, Mega Millions has a $3 "Just the Jackpot" option that gives players two tickets, but only pays out if the player wins the jackpot. Mega Millions players in some states have an extra ticket option called "Just the Jackpot." For $3 players will get two chances instead of one to win the top prize. Available for Pick-3, Pick-4, Jersey Cash 5, Pick-6, CASH4LIFE, Mega Millions, Powerball and Quick Draw wagers. What one group of participants gains in cash, the other group of participants must lose.

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The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. Otherwise, you'll be spending MORE money chasing a SMALLER guaranteed prize. And the chances of winning both, for those of you thinking really big? The fourth matrix change occurred in June 2005, which was when California joined the game. In an effort to top the Powerball jackpots, the new Mega Millions lottery has increased the jackpot odds by 40 percent—and added more states to the mix. So, for the best way to win Mega Millions, wheel less than about 40 of the 70 total numbers. The Powerball jackpot and Mega Millions jackpots are both over $400 million at the same time for the first time.