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Taxes will subsequently be subtracted/withheld from these payments.)    If  you take an immediate cash payment instead of the 30 year annuity, you will get about one half (before taxes) of the advertised "annuity" value of the game. Note: You can get a rough estimate of the number of tickets in play as follows.

8 Million 5/20/2016 Michael Ioannou Cupertino, CA $3 Million 5/17/2016 North Dakota winner Williston, ND $1 Million 5/13/2016 Baltimore winner Baltimore, MD $1 Million 3/15/2016 Roberto Tripodi Valhalla, NY $5 Million 3/8/2016 Ricky Rhinebolt Mansfield, OH $157 Million 3/8/2016 Michael Burkett Seattle, WA $0. 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. Winning numbers are also available at Vermont Lottery agent locations following the draw, or by calling 1-800-322-8800 (VT only) or 1-802-479-5686 and on this web site. The probability of success is thus: 7,800/302,575,350 = 0.

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Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. 5 billion.[14] three jackpot-winning tickets had been confirmed (Illinois, Kansas, and Maryland).[15] Mega Millions' second-largest jackpot, $648 million, was for the December 17, 2013 drawing.

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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. You can buy a Mega Millions ticket from an official ticket dealer in any of the states participating in MEGA Millions: Arkansas, Arizona, California, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, Washington, D.

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With drawings daily, find winning numbers, jackpots, and draw videos for the MA Lottery's Mega Millions Game! 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 one-time cash payment. You can select QUICK PICK for any or all of the 5 numbers in the upper panel and/or the 1 number in the lower panel. The largest Mega Millions jackpot ever won on a single ticket was $319 million on March 25, 2011. 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. 5 to 1 � which would be an increase of 1 ticket in play for every $2 increase in the annuity Jackpot.)    For example, if the preceding game had an advertised annuity payout amount of $200,000,000 and the current game has an advertised annuity payout amount of $250,000,000, then there are about 250,000,000 - 200,000,000 = 50,000,000 tickets in play for the current game. (Past Jackpot amounts can be seen at: . Players were now required to match five from 52 plus one from 52 to win the jackpot. 6 REPEAT HITS LOTTERY TIPS PLAY: no more than one number from the last drawing In the 5/70 MEGA Millions, on average, one or more lottery numbers will be a repeat hit from the last drawing only about 33% of the time. No other win is paid out, and some jurisdictions do not offer this option. An unreadable barcode could delay payout of a winning ticket if it cannot be scanned. You want to enhance your own luck, not dilute its strength.