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Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner[1] (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option. Combinatorics Calculations    In any combinatorics problem where all possible outcomes are equally likely, the probability of a successful outcome is determined by finding the number of successful combinations, and then dividing by the total number of all combinations. 75, the odds of a 4 being selected are 1:5, and the odds of a 5 being selected are 1:2. Prizes and odds (2013-2017 version): 5 numbers plus the Mega Ball (5+1): 1 in 258,890,850 5 numbers but not the Mega Ball (5+0): 1 in 17,259,390 4+1: 1 in 739,688 4+0: 1 in 52,835 3+1: 1 in 10,720 3+0: 1 in 766 2+1: 1 in 473 1+1: 1 in 56 Mega Ball only: 1 in 21[12] The odds for winning the $1 prize, 1 in 21, reflected the possibility of matching at least one of the white balls, as well as the Mega Ball. 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.

The probability of success is thus: 7,800/302,575,350 = 0. Like Powerball, this is a big jackpot game that must have bad odds of winning in order to create lotto prizes in the hundreds of millions to close to a billion dollars range. Upon winning the jackpot the player may choose, following ticket validation, either the annuity payment option or the cash payment option. Draws take place in Atlanta, Georgia, on Tuesdays and Fridays, at 11 p.m. The ticket was worth over $211 million annuity (the cash option was chosen).

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Drawings[edit] Drawings are usually held at the studios of WSB-TV in Atlanta, Georgia.[1][38] The original host was WSB's chief meteorologist, Glenn Burns. On May 15, 2002, the game was renamed The Big Game Mega Millions; shortly after, it became just Mega Millions. 00 ticket includes the extremely low probability that you might win a large prize � for example $10,000 or more. 2017 version, the price of a ticket has been increased to $2 from $1.

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The holder of the Georgia ticket claimed the next morning; they selected the cash option, which amounted to $173,819,742. For an extra $1: Mega Millions with Megaplier * Megaplier does not apply to the Jackpot.

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Therefore, (75 x 74 x 73 x 72 x 71)/ (5 x 4 x 3 x 2 x 1) x 15 = 258,890,850, which means any combination of five white balls plus the Megaball has a 1:258,890,850 chance of winning the jackpot. You win if the numbers on one row of your ticket match the numbers of the balls drawn on that date. The added populations of the two new jurisdictions, in turn, led to a larger double matrix. A similar shutdown happened in Minnesota on July 1, 2011. Each jurisdiction's lottery operates independently, and so the disparities in claim periods tend to stem from the operators aligning them with claim periods of their other lottery games. The cash value for any Jackpot is about one-half the annuity value which brings the real value down to $1,000,000,000. The minimum age to purchase a Mega Millions ticket is 18, except in Arizona, Iowa and Louisiana, where the minimum is 21, and in Nebraska; its minimum is 19. Mega Millions is a double-matrix game requiring players to match five white numbers from a possible 70, followed by one red Mega Gall from a second pool of 25, in order to win the top prize. Metro News; Mega Millions winner in California; Powerball over $200 million: Ohio Lottery results hot spot to go; Also, buy your California Numbers lottery tickets online. Available for Pick-3, Pick-4, Jersey Cash 5, Pick-6, CASH4LIFE, Mega Millions, Powerball and Quick Draw wagers.