Mega Millions – Things You Need to Know
The current Mega Millions jackpot rules state that the minimum prize offered must be at least $40 million. They will be distribute over 30 annual payments, each of which will increase by 5% annually. When no one wins the grand prize, the jackpot grows.
Consistent with the norm for lottery games in the United States, the prize is presented as an annualized amount. When a jackpot winner selects the cash value option, they will receive an amount equal to the present value of the payments.
The original version of the lottery kick off on October 19, 2013, and the first drawing was held three days later. Winners in the current Mega Millions numbers game have to match 5 white balls from a pool of 70 and the gold “Mega Ball” from the second field of 25 numbers.
What Do You Need to Do to Participate?
You’ll need to dish up $2 for each game. Except in California, all 47 states that participate in Mega Millions include a feature called Megaplier that increases the size of prizes that aren’t for the jackpot by a factor of 2, 3, 4, or 5. After starting as a Texas-only option, the Megaplier was now accessible in all the lotteries of jurisdictions in January 2011.
The Just the Jackpot option is provided by a few of the game’s participants for a total of $3 for two plays. This bet offers the jackpot, with no secondary payouts at all. To win the game, the participants must match five mega million winning numbers out of 70.
When Did Mega Millions and Powerball Succeed?
Often referred to as the “Mega Power Lottery,” the consortium and the Multi-State Lottery Association (MUSL) struck a preliminary agreement to cross-sell Mega Millions jackpot and Powerball in American gaming localities on October 13, 2009.
Twenty-three Powerball participants started selling Mega Millions of tickets on January 31, 2010, in preparation for the first drawing on February 2, 2010; ten participants began selling Powerball tickets on February 1, 2010. Montana is the only state to add both games after the cross-sell extension. Since its growth, it has expanded into Nebraska, Oregon, Arizona, Maine, Colorado, and South Dakota.
Forty-seven lotteries offer Mega Millions ny and Powerball as of January 2020. Florida entered the jackpot in May 2013. Starting in 2019, lottery tickets in Mississippi will be available to buyers, and on January 30, 2020, the state will officially become part of the lottery.
Before the deal, the only places selling Mega Millions and Powerball tickets were those located on the border of states that offered both games.
How to Play Mega Millions?
The jackpot begins at $20 million and is playable in many states for only $2. You can purchase the Mega Ball to recognize the other five white balls and win the jackpot! If you combine the white balls alone and don’t have the Megaplier, you win $1 million. Winners of prizes other than the jackpot may have their totals multiplied by a maximum of five by purchasing the optional Megaplier feature for an additional dollar every game.
You can easily play Mega Millions Florida by picking up a play slip at a Florida Lottery store, creating a digital play slip on your Florida Lottery mobile app, or buying a Quick Ticket at the register of certain Lottery retailers.
Simple Steps to Play the Game
- Mark the QP box and let the interface automatically choose any or all of your digits.
- Check the QP box for the interface to dynamically select your Mega Ball number.
- Megaplier increases non-jackpot rewards by 2 to 5 times. Megaplier costs $1 extra.
- To draw the same digits for multiple draws, notify the merchant or write it on your play slip.
- Carefully choose the tickets since they are non-refundable. Remember that the tickets are non-refundable.
- In the end, you’ll get a ticket with your digits, lottery dates, and the fee, which can be used later.
Record Lotteries
People have won a lot of money through jackpot and Powerball. Here are three record jackpots that were won over time.
First-Largest Jackpot
Back in 2018, a ticket sold in South Carolina won the $1.537 billion Mega Millions jackpot. The $1.586 billion Powerball jackpot, won on January 13, 2016, by numerous tickets, was the highest lottery payment in history. However, this reward was the greatest ever won by a single combination of digits.
According to South Carolina law, the record-setting reward was collect on March 5, 2019, however, the name of the winner remained anonymous.
Second-Largest Record
An Illinois ticket holder claimed the second-largest prize, worth $1.34 billion, during the game’s lottery on July 29, 2022.
Third-Largest Jackpot
The third highest payout was won on March 30, 2012, and was advertise at $640 million (annuitized) or $462 million (cash value) at the time of the drawing. The jackpot amounts, including annuitized (to $656 million) and the cash option ($474 million), rose after the pictures due to strong ticket sales.
The original figure for that lottery was $476 million (later boosted to $500 million and again to $540 million). After the preceding reward was won on January 24, 2012, at least $1.5 billion was invested in future draws. The three jackpots for the prize were finally identified, won by people in Illinois, Kansas, and Maryland.
Bottom Line
Jackpots and lotteries are always a fun way to make millions and billions of dollars without a big investment or any significant effort. This lottery has always been one of the most famous lottery games, and with time, the trend of the game has expanded so much that thousands of people have participated. After all, who doesn’t want millions of dollars in the blink of an eye? To find out more, stay connected to The General Time .
