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999999996695 COMBIN(N,K)  = number of ways to select K items from a group of N items x   =  multiply terms ^   =  raise to power (e.g.  2^3 = 8 ) Sample Calculation to Find the Expected Cash Ticket Value Considering the Number of Tickets That are in Play    For this example we will assume the cash value of the Jackpot is $400,000,000 (The advertised value of Jackpot would be about double this.) and there are 300,000,000 tickets in play for the current game. Thus the probability that you will join this statistical group is 2 x 1. Megaplier     Some states use a Megaplier feature to increase non-jackpot prizes by 2, 3, 4 or 5 times. To find out the expected return, we construct a table to calculate the average expected multiplier. Tickets must be claimed no later than 180 days after the draw date. 0416757 as a probability of winning something.  1 divided by 0.

Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments. It's Easy to Play ➞ GAME TOOLS Take your game to the next level with our helpful tools.

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Cash option: A one-time, lump-sum payment that is equal to the cash in the Mega Millions jackpot prize pool.Mega Millions drawings are held Tuesday and Friday at 11:00 pm ET. 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. Annuity option: The Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments.

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These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately. Annual payments for Mega Millions® are not equal. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. 5 PATTERN BETTING AVOID: playing a combination based on how the marked numbers look on your ticket Pattern betting is an even more popular method of marking bet slips, but it is not a good way to win Mega Millions. 2 million -- the claim must be filed within 60 days of the drawing. A ticket is not a valid winning ticket until it is presented for payment and meets the Commission's validation requirements.

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If your prize is less than $500, take your winning ticket to any Vermont Lottery agent locations where Mega Millions is sold for validation and payment. For the rest of this web page, we will just refer to these exact values as "about one half" instead of the above exact values.    As an example of scaling for different sized Jackpots, if the interest rate is 4% and the advertised annuity Jackpot is $300,000,000, then multiply the results in the 4% row by 3 to get the corresponding instant cash payout amount or annual annuity payout amounts. Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. It's strongly recommended that where there are large sums of money involved you seek expert tax advice. As a practical matter, it is unlikely that you will ever buy enough tickets (fork out enough money) to ever have much of a chance for any of the large prizes. Give yourself the chance to win huge US lottery prizes today! Find out about Mega Millions prizes and odds of winning here. Five balls are drawn from a set of balls numbered 1 through 70; one ball is drawn from a set of balls numbered 1 through 25.