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For example if the cash value of the jackpot is $400,000,000 and there are 300,000,000 tickets in play, then the ticket�s expected cash value is fractionally under $1. CBS This Morning 1,894 views Match Prize Amount Winners Where; 5 of 5 + Megaball: $176,000,000.

Probability of multiple winning tickets (multiple winners) given �N� tickets in play Note: All calculations assume that the numbers on any given ticket are picked randomly. The numbers were 28,30,39,59,70 and the Mega Ball was 10. The table below shows the percentage chances for various �piddling returns�.     If you spend $1,000 to buy 500 tickets ( = 1 ticket for each of 500 Mega Millions games = 1 ticket per Mega Millions game, 2 times a week for 4. A letter bearing the Mega Millions logo was used in a string of lottery scams designed to trick people into providing personal financial information by cashing bogus checks.

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Cancellation Policy Mega Millions cannot be cancelled. Quick Pick wagers will be printed with the same numbers as the original wager. The probability of success is thus: 7,800/302,575,350 = 0. Q 430: Why are there more Mega Millions numbers showing in Advantage Gold when using Bonus Only than the Mega ball uses? The number of ways your final number can match the Mega number is: COMBIN(1,1) = 1. The number of ways 5 numbers can be randomly selected from a field of 70 is: COMBIN(70,5) = 12,103,014. (See the math notation page or Help in Microsoft's Excel for more information on �COMBIN�).    For each of these 12,103,014 combinations there are COMBIN(25,1) = 25 different ways to pick the sixth number (the �Mega� number).

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Two winning tickets, one each from California and Georgia, were sold. Concise Table of Mega Millions Odds (Mathematical derivation below)  Ticket Matches      Payout           Odds               Probability --------------------------------------------------------------------- 5 White + Mega      Jackpot    1 in 302,575,350. 5 million, and future annual payments would grow to about $6. 4 1-2-3-4-5 AVOID: playing the combination 1-2-3-4-5 or other popular sets of numbers.

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If this is representative of what happened at Mega Millions headquarters, I extend my deepest sympathy to their computers. Players cannot claim prizes in any of the eight other prize tiers, which range from $2 to $1 million. If we made a list of all the participants in a lottery, it might include: 1) Federal Government (Lottery winnings are taxable) 2) State Governments (Again lottery winnings are taxable) 3) State Governments (Direct share of lottery ticket sales) 4) Merchants that sell tickets (Paid by the lottery organizers) 5) Lottery companies (Hint: They are not doing all this for free) 6) Advertisers and promoters (Paid by the lottery companies) 7) Lottery ticket buyers (Buy lottery tickets and receive payouts) The winners in the above list are: 1) Federal Government 2) State Government (Taxes) 3) State Government (Direct share) 4) Merchants that sell tickets 5) Lottery companies 6) Advertisers and promoters And the losers are:     (Mathematically challenged and proud of it) Also please see the related calculations for Powerball .   Return to Durango Bill's Home page. View ➞ Luckiest NumbersGame Tool Is your lucky number all that lucky? Current Mega Millions members[edit] As of October 2017, Mega Millions is available in 44 states and the District of Columbia ( in blue), plus the US Virgin Islands (not shown) Mega Millions replaced The Big Game in 2002 (see below for the evolution of the name Mega Millions). Lottery Strategies to help you win Mega Millions Strategy Book These free lotto tips to help you play the game smarter are a sample from Gail Howard's lotto book, Lottery Master Guide.