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Note: See for the version of the game that was valid before October 31, 2017. 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. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. It's strongly recommended that where there are large sums of money involved you seek expert tax advice.

The first three numbers (4, 8, 15) and mega ball (42) in the Mega Millions drawing matched the first three numbers and the final number (which Hurley also used as the "mega ball" number) in the Lost sequence. The ticket was worth over $211 million annuity (the cash option was chosen). Or, match three or more 5/70 numbers to win prizes without the Mega Ball. When the jackpot is $50 million, each payment is half as big, etc. History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery. At $2,00 per ticket, the lottery takes in $800 million.

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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. Taxes If your Mega Millions ticket nets you more than $5,000, you'll be expected to pay 25% Federal tax right off the bat. After Colorado and South Dakota joined Mega Millions, this raised the number of lotteries offering the Megaplier to 37. 41 % chance that you will get back $68 or less 69. Winning HistoryGame Tool Track the history behind your favorite Jackpot games, from winning numbers to Colorado Jackpot winners and more. Federal Trade Commission website New Spin On Sweepstakes Scams on U.The winning numbers drawn for Friday's Mega Millions jackpot are 4, 10, 18, 28 and 62 with a Mega Ball number is 7.

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494. (The after tax return would be less than this.) Just the Jackpot    The new version of Mega Millions provides still another way to play the game.  You can pay $3 for 2 quick picks that only participate in the Jackpot prize. (You don't have to worry about matching any of the other combinations.)    If there is an advertised Jackpot of $1 billion then the cash value of the Jackpot is about $500 million. Versions of (The Big Game) Mega Millions[edit] Versions of The Big Game and Mega Millions have used different matrices: Megaplier[edit] Mega Millions players have the option to activate a multiplier, called Megaplier, in 45 of its 46 jurisdictions; it is functionally similar to Powerball's Power Play. (Neither Megaplier nor Power Play are offered in California because its state penal code distinguishes between a "lottery" in which the bank cannot be "broken", and a "banked game" whose bank theoretically could be broken; only a "lottery" was authorized by the state Lottery Act.) By doubling the wager in a Mega Millions game to $2, players have an opportunity to multiply any non-jackpot prize by 2, 3, 4 or 5.

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The jackpot prize shall be paid at the election of the player no later than 60 days after the player becomes entitled to the prize with either a per winner annuity or a one-time cash payment. The matrix changed for the third time in May 2002 in order to generate bigger jackpots by making the game harder to win. Match 3 out of 5 White numbers but not match the Mega number (Payout = $10)    The number of ways 3 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,3) = 10. The Megaplier number is randomly picked using the probability table below.    If your state has a �Megaplier� and if your state follows the probabilities posted on the Mega Million web site, then a calculation can be made for the expected return if you pay an additional $1. 00 All Draw game prizes must be claimed at a Florida Lottery retailer or Florida Lottery office on or before the 180th day after the winning drawing. 01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware. Each game play on a ticket now costs $2, just like its biggest competition, Powerball. The cash value for any Jackpot is about one-half the annuity value which brings the real value down to $1,000,000,000. Every Day. news Powerball jumps, though Mega Millions worth much more Not that either prize is chump change. The probability of success is thus: 8,259,888/302,575,350  = 0. Note: See for the version of the game that was valid before October 31, 2017. 7 Million 3/31/2015 Anthony Fazzini Oakley, CA $1 Million 3/27/2015 Charles Miller Roslyn, NY $1 Million 3/27/2015 Ricardo Abeyta Los Lunas, NM $58 Million 3/24/2015 Lucky 16 Trust Manhattan, NY $1 Million 3/24/2015 Anthony Paruolo King's Park, NY $1. 5 Million Monday, March 26, 2018 2-9-23-47-54-3 Top Prize: Thursday, March 29, 2018 $1,000/Day for Life Tuesday, March 27, 2018 7-18-32-33-5 Next Jackpot: Friday, March 30, 2018 $1.How To Play‍ Pick 5 of 70 and 1 of 25 On a Mega Millions play slip mark five (5) numbers of your choice from 1 to 70 in the upper portion of the panel and mark one (1) Mega Ball number of your choice from 1 to 25 in the lower, yellow portion of the panel. 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. Hayward Phillips didnt run out to the store to buy a Mega Millions ticket. 5%      48,431,551        1,505,144          6,195,375   5. Nebraska became the 37th Mega Millions participating member on March 20, 2010, followed by Oregon as the 38th member on March 28, Arizona as the 39th member on April 18, and Maine as 40th Mega Millions participant on May 9, 2010.