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After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. 01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware. There are nine ways to win a prize, from $2 to the jackpot. Never choose all five numbers from one number group, such as all single digits, or all teens, or all 20's, etc. 55, over 16% off regular price!) ADD PB COMBO PACKAGE TO YOUR CART Are you ready to START WINNING?

In the revised format, players chose 5 of 75 white ball numbers, and the "Gold Ball" number out of 15. The "Megaplier" option (which again is not offered in California) was retained, with an adjustment to its multipliers. (The final jackpot for the $1 version was $30 million, which was not won; the initial jackpot for the new version would still be $40 million with a jackpot hit.) Mega Millions prize tiers effective October 28, 2017 (changed amounts in boldface) for a $2 base play (except prizes won in California): 5+MB: Jackpot; starting jackpot raised to $40 million (annuity value) 5+0: $1,000,000 ($1,000,000) 4+MB: $10,000 ($5,000) 4+0: $500 ($500) 3+MB: $200 ($50) 3+0: $10 ($5) 2+MB: $10 ($5) 1+MB: $4 ($2) 0+MB: $2 ($1) The new prize structure allocates roughly 75 percent of the prize pool for the jackpot; this is, in part, to facilitate the new Just the Jackpot option. Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner[1] (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option. Match 0 out of 5 White numbers and match the Mega number (Payout = $2)    The number of ways 0 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,0) = 1. Lower interest rates will increase this fraction while higher interest rates will decrease the cash payout.    The following table shows the relative amounts that you would receive given various interest rates.

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But to obtain the one-time, lump-sum cash option -- which comes to $281. Tickets are $2.  Powerball, meanwhile, creeped up to $384 million. CHECK YOUR WINNINGS Check your texts, email, local news, etc. to see if you won big! 6 million — which is about the same as the first prize jackpot odds of a 6/48 game.

Extra Resources For Mega Millions The Most Common Numbers

Choose from multiple California lottery games including MEGA Million, POWERBALL, and SuperLotto Plus. The recommended wheeling systems for Mega Millions are pick-5 Balanced Wheels® like those in Wheel Five Gold. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. The amount spent on Mega Millions for drawings following its previous jackpot win, on January 24, 2012, was at least $1. The winning ticket was purchased at a 7-Eleven in Port Richey, about 40 miles northwest of Tampa, the Florida lottery said. Mega Millions' fifth-largest jackpot annuity value ($390 million) was for the March 6, 2007 drawing.

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Draw up an agreement and have the members of your pool sign it. The Mega Millions trademark is owned by the Illinois Lottery. The most popular set of numbers most often played is: 1-2-3-4-5. You will never miss a draw or a high jackpot and your winnings will be sent to you automatically. 2017 version, the price of a ticket has been increased to $2 from $1. 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. Then mark the number of times each skip occurred. Mega Millions Small Print Claim Period You have between 180 and 365 days to claim any prize depending on your jurisdiction. The new option is two plays for $3; only the jackpot can be won (or shared) on this wager.[3][4][5] The largest jackpot in Mega Millions history was $656 million annuity value (with a cash option of $474 million) for the March 30, 2012 drawing, in which there were three jackpot-winning tickets; one each in Illinois, Kansas, and Maryland. VIEW ALL GAME TOOLS MEGA MILLIONS PAYOUTS & ODDS OF WINNING Jackpot starts at $40 million.