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This leaves an expected after tax value of the jackpot of $0. Or, match three or more 5/70 numbers to win prizes without the Mega Ball. The Megaplier multiples do not alter or affect the jackpot amount. The holders of each ticket also chose the cash option. Lottery results for the California (CA) Mega Millions and winning numbers for the last 10 draws. If we divide the result by the 302,575,350, we get .

The "cash value" is usually about one half of the advertised Jackpot amount. 0416757 as a probability of winning something.  1 divided by 0. Mega Millions Jackpot records: 2nd largest Jackpot - March 30, 2012: jackpot of $656 million which was split among 3 winners. The product of these is the number of ways you can get this configuration:  COMBIN(5,0) x COMBIN(65,5) x COMBIN(1,1) = 8,259,888. You win if the numbers on one row of your ticket match the numbers of the balls drawn on that date.

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Follow the 600-million row until you come to the $1,000 million column. Before Tax Return on Investment     It is interesting to calculate what the long term expected return is for each $2.

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The catch is that the player is ineligible to win any of the many smaller prizes. You can now use existing tickets to purchase new tickets printed with your same favorite numbers! As of January 2016, there are 46 lotteries offering Mega Millions and Powerball; Florida joined Mega Millions in May 2013. (Puerto Rico, whose lottery began in the 1930s, currently does not offer Mega Millions). By knowing which number combinations and patterns to avoid, you'll have an advantage over such players—and save money, too. Beginning in January 1999, jackpot winners were given the option to receive their prize in cash.

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Never choose all five numbers from one number group, such as all single digits, or all teens, or all 20's, etc. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets. Even previously validated and cancelled tickets can be replayed! Mega Millions lottery jackpot analysis shows the amount a grand prize winner would actually get after federal and state taxes are withheld from the prize money. ... Otherwise, you'll be spending MORE money chasing a SMALLER guaranteed prize. 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. Texas Lottery Commission only reports the payout information for Texas winners. Match 1 out of 5 White numbers and match the Mega number (Payout = $4)    The number of ways 1 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,1) = 5. As a result of this false report, she was fined $1,000, ordered to perform 50 hours of community service, and required to compensate the police and courts for various costs incurred.[45] The January 4, 2011 Mega Millions drawing drew attention for its similarity to "The Numbers," a sequence of six numbers that served as a plot device of the ABC drama series Lost. 01 and $5,000, you'll have to declare this amount on a Federal tax form so that the government is aware. With the exciting new "Play It Again" feature, New Jersey Lottery retailers can simply scan your ticket to produce a new one for the same game, numbers, and wager amount.