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Record jackpots[edit] The largest Mega Millions jackpot, advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012. After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. The Megaplier number is randomly picked using the probability table below.    If your state has a �Megaplier� and if your state follows the probabilities posted on the Mega Million web site, then a calculation can be made for the expected return if you pay an additional $1. The probability of success is thus: 7,800/302,575,350 = 0.

Cash or annuity payment choice must be made within 60 days of claiming the prize. The odds of winning the Mega Millions jackpot are 1 in 302. The selection is too far out of balance to come up in a random drawing, and even if it did, the prize would be very low due to sharing with so many other winners. 8 Simple Things to Avoid So You Save Money When Playing Lotto Lotto players who select their lottery numbers thoughtlessly or foolishly are destined to lose even before the drawing takes place. After Colorado and South Dakota joined Mega Millions, this raised the number of lotteries offering the Megaplier to 37. Federal Trade Commission website New Spin On Sweepstakes Scams on U.The winning numbers drawn for Friday's Mega Millions jackpot are 4, 10, 18, 28 and 62 with a Mega Ball number is 7.

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So, the ROB (Return On Bet) is very poor for the other prize categories as well. The numbers picked for the prizes consist of 5 numbers picked at random from a pool of 70 numbers (the White Numbers). Texas Lottery Commission only reports the payout information for Texas winners. For each of these, the probability of winning equals the number of winning combinations for that particular configuration divided by the total number of ways the Mega Millions numbers can be picked.

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96 % chance that you will get back $116 or less 98. View one of Gail Howard's winner stories: Cynthia C won 2nd prize in Mega Millions, all 5 winning numbers without the Mega Ball. 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. Mega Millions offers a $40 Million starting jackpot and a second-tier ... The product of these is the number of ways you can win the Jackpot:  COMBIN(5,5) x COMBIN(1,1) = 1.

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55, over 16% off regular price!) ADD PB COMBO PACKAGE TO YOUR CART Are you ready to START WINNING? Drawings are held twice a week, on Tuesdays and Fridays. However, this has to be reduced by 40% for taxes. 0005 Total for last 6 rows                                   0. Before the January 31, 2010 cross-sell expansion, Mega Millions was the only multi-jurisdictional lottery whose drawings were carried nationally, instead of airing only on stations in participating jurisdictions. For an extra $1: Mega Millions with Megaplier * Megaplier does not apply to the Jackpot. After a jackpot win, the Mega Millions jackpot resets to $40 million, which is the same as Powerball. It is unlikely that even 4 same last digits will hit together.