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After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. You benefit more by wheeling a carefully selected group of lotto numbers. Chicago-based cable superstation WGN-TV simulcast Mega Millions drawings on its national WGN America feed immediately following WGN's 9pm (Central Time) newscast.

All prizes of $10,000 and above are reduced 40% to allow for federal and state taxes. 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). Related: Powerball This Mega Millions data includes all draws up to and including Tuesday March 27th 2018.

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Mega Millions players in some states have an extra ticket option called "Just the Jackpot." For $3 players will get two chances instead of one to win the top prize. Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax.

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For larger jackpots, the drawing sometimes is moved to Times Square, with New York Lottery announcer Yolanda Vega co-hosting. But to obtain the one-time, lump-sum cash option -- which comes to $281. Draw up an agreement and have the members of your pool sign it.

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The holders of each ticket also chose the cash option. Cash or annuity payment choice must be made within 60 days of claiming the prize. Montana, offering Powerball before the expansion date, became the 24th lottery to offer the Megaplier, followed by Nebraska (the 25th), Oregon (the 26th), Arizona (as the 27th) and Maine (as the 28th lottery to offer the Megaplier option). 2 Megaplier® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. Upon winning the jackpot the player may choose, following ticket validation, either the annuity payment option or the cash payment option. The software and pick-5 wheels will still work for this game. The odds of winning or sharing a Mega Millions jackpot (2013-2017 version): 1 in about 258. The following analysis assumes the annuity value of the Jackpot is $2 Billion (that�s a �B�) and there are 600 million tickets in play. Individually, the five white balls, several seconds apart, drop through a hole in the bottom of the mixing drum. Beginning with the October 22, 2013 drawing, the second-tier prize (Match 5 + 0) is increased by 2, 3, 4 or 5 times when Megaplier is purchased. Balanced Wheels® force all the winning numbers that are in your group to come together to give you at least one prize if some or all of the winning numbers are in your chosen group. The product of these is the number of ways you can win the Jackpot:  COMBIN(5,5) x COMBIN(1,1) = 1. The ticket was worth over $211 million annuity (the cash option was chosen). The letter, which had been sent to people in several states via standard mail, included a check for what the scammers said was an unclaimed Mega Millions prize.