Winning a lottery is a great ego boost for any player who believes in using this route to get rich. Rich countries offer players the luxury of Mega Millions lottery where one can get filthy rich in just a matter of seconds. There is one in 38 chance of winning at least $4 if you just match the Mega Millions. Play further and your winnings increase like $7(match two numbers), going up to $100 (match 3 numbers) and then straight to $50,000(match 4 numbers) and eventually hit one million dollars if you match five numbers.
More than 99% of winners use the cash-out option wherein the tax is paid on the spot and the winning given to the winner. But anecdotal evidence shows that most lottery players fritter away their wealth in five years. So, to reduce the burden of taxes on winnings and ensure that the proceeds go into the account of the winner for a lifetime with interest; the annuity system was introduced in the mega million result system. But only four winners have used this option in the past five years. Rest prefer to take the prize pay-outs in cash. Lottoland winners can ask Lottoland agents for advice in picking the right set of numbers if they plan to Wintrillions.
The odds of winning the mega million jackpots and the chances to win increase if you play intelligently over a period of several weeks. The more you play, the more you get closer to guessing correctly the right set of numbers that make a winning combination. Mega million prize money will make you a millionaire, but mega million payment breakdown will tell you that even if you guess just one number, you can still win $7 and $4 for just matching the Mega Ball.
There are 9 ways how to win Mega Millions. Mega million prize table illustrate the amounts of winnngs if you match different combinations of Lottery numbers. Mega-million-second prize is 1 millions, the third is about $50,000 and $100 as the prize money if three numbers match.
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The actual payout is subjected to tax and the payout chart shows a pay-out analysis of all winners. Who won more and how much with each draw is something you can assess at the end of the day after all draws have completed.