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Many times, more than the minimum 3 of the number groups are not represented. The calculated value of a ticket includes the possibility that you will share the Jackpot with someone else.    The first calculation is: �What is the probability that the jackpot will be won?� This is simply (1. So, the ROB (Return On Bet) is very poor for the other prize categories as well.

Includes past winning numbers, random number generator, game analysis, how and where to play. The catch is that the player is ineligible to win any of the many smaller prizes. 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. Payouts through October 18, 2013: Overall probabilities: 1 in 755 of winning any of the top six prizes,[20] 1 in 40 of winning any prize.[32] In California, prize levels are paid on a parimutuel basis, rather than the fixed lower-tier amounts for winners in other Mega Millions jurisdictions.

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In October 2009, an agreement between Mega Millions and MUSL allowed all U. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2. To enter Just the Jackpot, pick up a play slip from an authorized retailer and select your numbers. Hayward Phillips didnt run out to the store to buy a Mega Millions ticket. It is unlikely that even 4 same last digits will hit together.

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A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements. Naperville, IL $1 Million 1/13/2015 Lucky 13 Lotto Club Ypsilanti, MI $5 Million 1/13/2015 Michael & Nancy Baker Sun City West, AZ $1 Million 1/13/2015 Joel McKinzie Lake Crystal, MN $1 Million 1/9/2015 Baker’s Dozen + 3 Waterbury, CT $1 Million 1/9/2015 The Fabulous Five Charleston, WV $1 Million 12/30/2014 Sandra McDonald Woodbridge, VA $0. For the calculations below, an advertised "annuity" value for the Jackpot of $100,000,000 is assumed. (The $100,000,000 could be your share of a shared Jackpot.) The amounts in the table can be directly scaled for any arbitrary Jackpot size. (All amounts are BEFORE taxes.) Interest    Immediate      First Payment      Last Payment   Rate     Cash Payout    If Take Annuity    If Take Annuity   3. Two tickets, one each from Florida and Maryland, split the prize; both sets of winners chose the cash option, splitting $230. 00 ticket investment when a large Jackpot is in play    While the above calculation represents an average Mega Millions game, we might ask what the expected after tax return on your investment might be if a huge Jackpot exists.

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The number of ways the 3 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,3) = 43,680.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. But to get the most leverage for your money, the optimum number of numbers to wheel is not more than four or five numbers over HALF the numbers in your game. The number of ways the 2 losing initial numbers on your ticket can match any of the 65 losing White numbers is COMBIN(65,2) = 2,080.  The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. The probability of success is thus: 325/302,575,350  = 0. You may play up to five (5) panels on a single play slip. Get to Know the Megaplier in Three Steps Select the Megaplier box on your Mega Millions ticket. An unreadable barcode could delay payout of a winning ticket if it cannot be scanned. Play the Illinois Lottery Mega Millions today to win big!