The minimum jackpot prize is a $15 million annuity disbursed in 30 payments over 29 years which is something many people would elect to do.The 30 annuity payments are not equal but based on an increasing rate schedule. For example, the first annual gross annuity payment on the base $15 million jackpot would be approximately $267,000 while the final payment would be approximately $834,000.
Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. Mega Millions' previous format began on October 19, 2013; its first drawing was three days later. The current version of Mega Millions uses a 5/70 (for the white balls) plus 1/25 (for the "Mega Ball") double matrix to select its winning numbers.
Rules vary according to the applicable laws and regulations in the jurisdiction where the ticket is sold, and the winner's residence (e.g. if a New Jerseyan wins on a ticket bought near their workplace in Manhattan). 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. On the other hand, some residents of New York City and Yonkers, New York pay three levels of income tax, as these cities levy income taxes.
11:08 pm – Mega Millions: The Tuesday, October 2, 2018 Mega Millions drawing has taken place, and the results are 2-22-29-31-34, and the Mega Ball is 1. The Megaplier number is 3. To see all the ways your ticket can win a prize, please go to the Ways To Win Mega Millions page, or you can use the Mega Millions Search page to type the numbers on your ticket and have the USA Mega computer search the past results. We will announce the number of big winners in this drawing, the states they came from, and the next jackpot within the next couple of hours, here on USA Mega. Good luck!
Wouldn't it be great if lotteries offered monster jackpots every single week? DinoLotto does exactly that, with an astonishing € 50.000.000 jackpot up for grabs in every draw. The gameplay is just like EuroMillions - pick 5 numbers from 50 plus 2 Dino Numbers from 12. The only really important difference is that the jackpot is usually much bigger! Draws are held in Paris at at 20:00 GMT, every Tuesday and Friday.
73-year-old H from El Salvador had one question on his mind when the Powerball jackpot hit $1.5 billion: Where can I buy a Powerball ticket? Luckily the answer was theLotter and he won the $1 million 2nd prize in the historic draw on 13 January 2016! "I won!" he shouted out when he heard the news. He plans to travel and retire in style. Read his story here.
• Even the one-time cash option, about $308 million, won't go entirely in your pocket. It is subject to federal, state and local taxes, these days a little less than half taken out — state and local tax rates vary — long before you can think of moving Bermuda or a similar tax haven. (The new tax law that went into effect this year does make the federal tax rate less, falling to 37% from the previous 39.6%.)
On January 15, 2012, the price of each basic Powerball play doubled to $2, while PowerPlay games became $3; the minimum jackpot doubled to $40 million. A non-jackpot play matching the five white balls won $1 million. The red balls decreased from 39 to 35. The drawings were moved from Universal Studios Orlando to the Florida Lottery’s studios in Tallahassee. Sam Arlen served as host, with Alexa Fuentes substituting.
The lottery never paid out, and it brought to light the prevalent issue of crookedness amongst the lotteries in the United States. The wave of anti-lottery protests finally broke through when, by 1860, all states had prohibited lotteries except Delaware, Missouri, and Kentucky. The scarcity of lotteries in the United States meant that tickets were shipped across the country and eventually led to the creation of illegal lotteries. In 1868, after years of illegal operation, the Louisiana Lottery Company obtained a 25-year charter for its state lottery system. The charter was passed by the Legislature due to immense bribing from a criminal syndicate in New York. The Louisiana Lottery Company was a derived 90% of its revenue from tickets sold across state borders. These continued issues of corruption led to the complete prohibition of lotteries in the United States by 1895. It was discovered that the promoters of the Louisiana Lottery Company had accrued immense sums of money from illegitimate sources and that the Legislature was riddled with bribery.
In March 2009, it was reported that New Jersey, already a Mega Millions member, sought permission to join Powerball. Shortly after, discussions were revealed about allowing each US lottery to offer both games. On Oct 13, the Mega Millions consortium and MUSL reached an agreement in principle to cross-sell Mega Millions and Powerball. In Nov, MUSL signed an agreement to start streaming Powerball drawings online.
The probability and odds can be taken into a mathematical perspective: The probability of winning the jackpot (through October 27, 2017) was 1:(75C5) x (15); that is: 75 ways for the first white ball times 74 ways for the second times 73 for the third times 72 for the fourth times 71 for the last white ball divided by 5 x 4 x 3 x 2 x 1, or 5!, and this number is then multiplied by 15 (15 possible numbers for the "Megaball"). 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. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning. The overall probability of winning any prize was 1 in 14.7. If there are no jackpot winners for a specific drawing, the jackpot will keep increasing, however, the odds will still remain the same.
This website and the games available thereon are operated by Kootac. Kootac Trading Limited, with its registered office at No. 30, Kenilworth, Flat 3, Sir Augustus Bartolo Street, Ta' Xbiex, XBX 1093, Malta (EU) is licensed by the UK Gambling Commission to operate remote gambling in Great Britain under licence number 000-044791-R-324883-004. Kootac N.V., with its registered office at Heelsumstraat 51 E-commerce Park, Curacao is officially licensed by the Government of Curacao to operate online gambling based on the licence number 8048/JAZ2013-014.
On March 13, 2010, New Jersey became the first Mega Millions participant (just before the cross-sell expansion) to produce a jackpot-winning ticket for Powerball after joining that game. The ticket was worth over $211 million annuity (the cash option was chosen). On May 28, 2010, North Carolina became the first Powerball member (just before the cross-selling expansion) to produce a jackpot-winning Mega Millions ticket after joining Mega Millions, with an annuity jackpot of $12 million.
Powerball numbers are drawn from two sets of numbers, so the odds of winning a prize are calculated by combining the odds for both sets of numbers for all prize levels. The odds for matching just the Powerball are calculated by combining the odds of selecting the Powerball and the odds of not selecting any of the five numbers from the first set of numbers drawn.
The original version of Lotto America (stylized as Lotto*America) was a $1-per-play, pick-7-of-40 game, rather than the pick-6 games that had become wildly popular in U.S. lotteries. Matching four numbers won a fixed prize of $5; matching at least five won a parimutuel prize. Matching all seven won the jackpot, whose odds were roughly 1 in 18 million, at the time the longest odds of a U.S. lottery game. The top prize was a 20-year annuity; there was never a cash option, even though a few games did offer one when L*A ended.
Lottoland is a bookmaker, and not a lottery operator. You cannot purchase entries in any lottery via Lottoland. Lottoland allows you to bet on the outcome of lotteries from around the world. The website is operated by Lottoland. Lottoland has no relationship or affiliation with the operators of the lotteries. Bets do not contribute to the prize pool. Payouts are made in AUD, exchange rates apply.
In addition, many people can wait years to get their Green Card. Right now, the shortest wait is about two years. Some people even have to wait twelve years. The Green Card Lottery is a way to skip ahead and avoid that wait. If you qualify, it means the U.S. government needs you in America to help diversify the population. And if you win, you could get your Green Card in a little over a year. Check your eligibility for free by clicking the button below and apply today.
Ohio and New York joined The Big Game consortium on May 15, 2002, when the game was renamed The Big Game Mega Millions, temporarily retaining the old name and the original "gold ball" logo. The "Big Money Ball" became the "Mega Ball." While the game's name was altered, the yellow ball in the new Mega Millions logo continued to read "The Big Game" until February 2003, after which it was replaced with six stars representing the original members of the consortium. The first (The Big Game) Mega Millions drawing was held two days later, on May 17. The Mega Millions trademark is owned by the Illinois Lottery. The first three lotteries to join Mega Millions were Washington (in September 2002), Texas (in 2003) and California (in 2005); California was the last addition to Mega Millions before the cross-sell expansion of 2010. Montana joined Mega Millions on March 1, 2010, the first addition to Mega Millions after the cross-sell expansion.