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An average $228,000,000 cash payout (decline the annuity) is assumed for the Jackpot. (Could be your portion of a shared Jackpot.) (Note that this "cash payout" is about one half of the advertised Jackpot amount. So, for the best way to win Mega Millions, wheel less than about 40 of the 70 total numbers. For a typical jackpot of $100 million, the initial payment would be about $1. A player choosing this option is not eligible for any of the eight lower-tier prizes; therefore, the Megaplier option is not available for Just the Jackpot wagers. Don�t forget that a large prize will throw you into a top tax bracket.    First, we check the expected value of a ticket in the table that we calculated earlier.

00 that you spend for Mega Millions tickets, you can expect to get back about $1. Beginning in January 1999, jackpot winners were given the option to receive their prize in cash.

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Match all 5 White numbers but not the Mega number (Payout = $1,000,000)    The number of ways the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,5) = 1. The largest Mega Millions jackpot ever won on a single ticket was $319 million on March 25, 2011. The minimum jackpot was then $15 million, with rollovers of at least $5 million. Advantage Gold: use Chart I to see the current bias for odd/even numbers.

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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. Find out about Mega Millions prizes and odds of winning here. How to Play Mega Millions and Its Odds & Prizes Steps on Taking Part in Mega Millions Pick five main numbers from a set of 1-70 and one Mega Ball number from a set of 1-25. Mega Millions officials may reduce prize levels for Mega Millions and/or Megaplier in the event that an unanticipated number of winner claims exceed the available prize fund for a given draw.

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Virgin Islands How to Play: Choose 5 numbers 1-70 and 1 number 1-25 Price: $2 *NEW* Drawings: Tuesdays and Fridays How to Win Mega Millions: Match all 5 winning numbers and the Mega ball number Official Website: Mega Millions Lottery Advantage Gold History File: MM0570.slh About Mega Millions Mega Millions is a popular multi-state lottery which currently has a 5/70+1/25 number format, since October 31, 2017. The product of these is the number of ways you can get this configuration:  COMBIN(5,4) x COMBIN(65,1) x COMBIN(1,1) = 325. See also[edit] Notes[edit] External links[edit] Official website Telemarketing and Telephone Services: Prizes & Sweepstakes on U. The probability of success is thus: 499,200/ 302,575,350 = 0.