In the US and the world over, there are tons of lotteries that people participate in Mega Millions on a daily basis. Each one of this provides a competitive thrill coupled with the possibility of high wins. The biggest lottery in the world is Mega Millions and here are some facts about it.
The MegaMillions prize pool as I have mentioned above is the biggest jackpot in the United States, here are some common facts about thus jackpot.
The MegaMillions jackpot was created in May 2002 when several states; New York, Ohio, Michigan, Georgia, Maryland, Illinois, Virginia, Massachusetts, New Jersey, and Maryland came together to create a multi-state jackpot. The sales for the tickets for this new prize pool began on the 15th of May, 2002 and the first draw was held two days later on the 17th. Later on, in January of 2010, 23 other states would join in the action. In the current day the USA, all lotteries participate in the grand jackpot.
Being a massive price pool that all other lotteries in the US take part in, you would expect that all the states that make up the US would do the same too. However, this is not the case as six states do not participate in the lumpsum pool. These states are: Nevada, Alabama, Hawaii, Alaska, Utah, and Mississippi. The massive prize pool is however played in 44 other states, the U.S. Virgin Islands and the District of Columbia. This makes for a total of 46 jurisdictions in which you can participate Mega Millions from.
Besides the flabbergasting jackpot amounts that you can win at Mega Millions Lottery, you have a chance to win other prize amounts starting from $2 to S1,000,000. Mega Millions Lottery has a minimum guaranteed jackpot of 40 million USD.
If Mega Millions jackpot is not won, it will be passed on to the next draw by a minimum if $5,000,000. Using this unique approach, Mega Millions Lottery has managed to draw up some unbelievable jackpot amounts across the world. One of Mega Millions Lottery’s biggest jackpots manifested in March 2012 valuing at$656,000,000 and it was split into three lucky ticket holders. The second largest Mega Millions Lottery jackpot amount was won by two lucky ticket owners from Georgia and California. The amount was a whopping $648,000,000.
Mega Millions Lottery reached new heights when it declared a jackpot of $390,000,000 which was the biggest jackpot in North America back then. The biggest jackpot in Mega Millions Lottery history clocked a whopping $1,537,000,000 that was won in South Carolina on October 23, 2018. The jackpot amount is only second to Powerball’s grand prize of $1,586,000,000 won by three tickets when it was rolled out on January 13. 2016.
Mega Millions lottery has had an average of jackpot value of $120 million since 2002 and the value has increased rapidly as the years have passed.
These two lotteries do not have so many unique features that differentiate them except for the method of play.
In Mega Millions, a player selects five numbers ranging from 1 to 70 and another Mega Number from a pool consisting of 1 to 25. In Powerball, however, a player selects five numbers from a range of numbers between 1 and 69 and another Powerball number from a pool consisting of numbers ranging between 1 and 26.
Despite Mega Millions Lottery being the junior in this race, it has gained immense popularity over the years. Out of the 10 biggest jackpots in the history of USA lotteries. 5 have been through Powerball and 5 have been through Mega Millions.
To start playing, a participant has to choose 5 primary Mega Millions numbers from a range of 1 to 70 and to pick a MegaBall number from 1 to 25. If you get the correct combination of all the 6 numbers, your ticket will win the jackpot amount. The beautiful part is that players get to choose their own Mega Ball and numbers. You also have an option of a quick pick ticket. In this case, you can buy ticket and all the six prize numbers of the lottery will be generated automatically.
For every sweepstake, the most crucial part is when the draw is conducted. This is where the winner of the given jackpot is determined. Another crucial time is when you buy the ticket, i.e., For the Mega Millions prize pool, it is necessary that you buy the ticket at least one hour before the draw is conducted. The draw takes place each Tuesday and Friday at the following respective times WSB-TV in Atlanta, Georgia:
Persons of below 18 years are not allowed to participate in Mega Millions on the renowned online platform. There are variations, however to the legal age in some of the participating states and lotteries. In Nebraska for example, you must be at the age of at least 19 years before participating. In Iowa and Louisiana, the legal age is at least 21 years.
Mega Millions Tickets for participating in the draw are sold at an affordable price of $2 and are available at all participating stores in all of the 46 participating jurisdictions. If your state is not participating in Mega Millions, you will not be able to purchase the tickets. In some states, you can purchase the tickets online. These states are Michigan, Illinois, Kentucky, and Georgia. You will, however, need to have a physical address in one of these states before you can buy the tickets online.
To activate it, participants need to add an additional dollar to the cost of a ticket and pick an additional number. This additional number increases your chance of winning the non-jackpot prize with a multiplying factor. This multiplying factor ranges from 2 to 5. The MegaPlier factor is decided randomly on the day of the draw.
If you do not wish to stand in long queues of the Mega Millions Lottery official sales points, you can purchase a ticket from any of the lottery agents available online. Lottery agents will buy a ticket for you in your name. However, you will have to pay agents extra commission for their trouble. Various lottery agents are available online and you can pay them in various including your credit card, your debit card, or Paypal.
Some agents may not take the extra commission for purchasing the ticket if the payments are made via certain payment gateways. However, they might charge a commission fee if you wish to withdraw your winnings. Make sure that you clarify all these points before buying your Mega Millions Lottery.
The second Mega Millions prize tier set at is one million dollars. To win the second prize, you have to match all the five primary numbers from your ticket. The third prize amounts to $10,000 for which you have to match any of the four primary numbers on your ticket as well as the Mega Ball number.
Another way to multiply our non-jackpot earnings is to add a dollar to your ticket price and use Mega Millions Lottery’s MegaPlier feature. This feature created a lot of buzz among fans of the USA lotteries when it was announced by Mega Millions Lottery in 2013. The MegaPlier can multiply all the prizes worth one million and below by x2 to x5.
Currently, the MegaPlier feature is not available in California. This is due to California’s alternative prize level system for non-jackpot winners. The Californian penal code which distinguished between “lottery” as an unbreakable system and a “banked game” that can be theoretically be broken The MegaPlier falls into the second category due to which it is Californian winners receive different amounts if they win a non-jackpot prize.
|Combination||Prize||Chances of winning|
|5 numbers + Mega number||Jackpot||1 in 302,575,350|
|5 numbers||$1 million||1 in 12,607,306|
|4 numbers + Mega number||$10,000||1 in 931,001|
|4 numbers||$500||1 in 38,792|
|3 numbers + Mega number||$200||1 in 14,547|
|3 numbers||$10||1 in 606|
|2 numbers + Mega number||$10||1 in 693|
|1 number + Mega number||$4||1 in 89|
|Mega number||$2||1 in 37|
Mega Millions gets all the more thrilling and fulfilling if you as the player actually make some winnings. The following section is solely dedicated to informing how to get Mega Millions winnings. The method, by which a winner receives their payout, will be depended on these three;
If you live in the USA and has won Mega Millions you should know that, for winnings below $599, you can easily go and pick the cash from any of the participating lottery stores provided they have the float to pay you. If your winning ticket is $600 and above, a validation process will have to be conducted before being credited your prize. You will need to visit one of the Mega Millions offices in your state and claim your prize. It is always advisable to sign your ticket at the back once bought as a way of marking it is yours. There are usually about 15 days between the period the claim was made and when the payment is made.
For a tourist visiting the USA and landing a winning Mega Millions ticket, this could be one of the best vacations ever for you. Being a foreigner should not make you think that you will not get your winnings. The same rules will apply as those of a resident of the USA who played the lottery offline. Just make sure that you have the winning ticket validated.
If you are a foreigner, who purchased the ticket online from lottery agents like Lottoland, PlayHugeLottos, or TheLotter, your winnings will be processed as per the terms and conditions of the agent’s policy Some lottery agents take up to 2 weeks to process the payment in your account depending on the method of withdrawal you choose. Small earnings can be traded off for credits from the agent’s portal in some cases.
For all winnings, the period allowed for making claims varies from state to state. The standard, however, is 180 days to one year within which a person must claim their prize.
This competition makes payouts to Mega Millions winners in two ways from which they are free to choose any, these are;
When a Mega Millions winner chooses the lump sum amount option of crediting their winnings, his or her winnings are sent to him or her all at a go, and the deal is closed. On the average a winner receive 60-65% of the jackpot announced. Most of us are familiar with this method of payout because it is the one used by many of the gambling dens and sites.
In the annuity program, a Mega Millions winner receives his or her winning in 29 annual payouts after an initial amount is paid out to him or her. This is meant to enable the winners to manage their massive winnings better and also help them maintain the new lifestyle that they find themselves having adopted after the winnings.
Each payment is 5% more than the previous one. This unique payment method helps protect the winner’s purchasing power and lifestyle during the periods of inflation For a winner of a standard jackpot amount worth $100.000.000. the first payment would be around $1,500,000 and the future annual payments would grow to S6,200,000. With that reference, when the jackpot amount is $200,000,000, each payment would be twice as big, and when jackpot amount is $50,000,000, each payment would be half as big, and so on.
How much of your winnings are cut in taxes depends upon where you live. Firstly, there’s a straightforward Federal tax of 25%. An additional state tax will be cut from the winnings. For instance, if you live in Ohio, you’ll have to pay a 6% State Tax.
If you are a foreigner who visited the USA. bought the ticket, and won the prize, you are also eligible to claim the prize money. However, where you live would affect what happens when you win. For instance, different states in the USA itself have different rules the anonymity of a winner. Foreign countries outside of the USA have different laws for taxation on lottery prizes and different laws about how much of your winnings would be withheld. If you do win, ensure that you consult with a tax accountant for detailed information.
On the 24th of October, 2018, it was announced that a ticket sold from the KC Mart Store on #7 Simpsonville, South Carolina. The number combinations amounted to a jackpot sweep of $1.537 billion. The lucky winner was yet to be identified at that time but was allowed to claim his or her prize anonymously. This was the biggest jackpot win in the history of the competition, beating a previous record of $656 million in 2012. The 2012 prize was shared out among three winners from Illinois, Kansas, and Maryland. The competition had also, in July 2018 made another big payout of $543 million to a group of California office workers.
Mega Millions is the number one lottery for any lottery enthusiast in the United States of America. The high number of possible winning combinations and high prize payouts makes this the best lottery to participate in.