Mega Millions Tuesday
What Is The Mega Millions Lottery
Mega Millions Lottery is a multiple state lottery. The current version of it began in May 2002 and still being played in large numbers today. On Tuesdays and Fridays the numbers are drawn to see if anyone has purchased a winning ticket.
Tickets cost a dollar in most states. You may purchase a bonus on your ticket for twice the price of the ticket in order to multiply non-jackpot wins by up to four times. The drawing takes place in Atlanta, Georgia at around eleven o’clock eastern standard time. Players may purchase tickets until a quarter till the hour before each drawing time.
The jackpot will begin at $12 million dollars. The pot will go up over time if people do not win, but will never go below twelve million. The highest jackpot that has been won so far was a three hundred and ninety million dollar jackpot. This became the biggest win in lotto history. This win happened on March 6, 2007.
When a jackpot is won, the winner has a choice between taking a lump sum cash prize or getting it paid out in installments. The cash value is generally equal to the advertised jackpot minus the interest that would be earned on it had the installment planned been chosen. Installments are paid out monthly over a long period of time, sometimes over twenty years.
Playing the game is simple. Many stores participate and sell tickets. So if your state is part of the Mega Millions Lottery, then you may be able to go to convenience stores buy tickets. When you purchase a ticket you will be asked to select your numbers. The numbers will be printed and all you need to do is wait to see if they were your lucky numbers.
In most states, the minimum age to play is eighteen years old. In some states, such as Iowa, the minimum age is twenty-one years old. Although many states do participate in the program some, like Nevada, do not. Since gambling is legal in Nevada, legally Nevada cannot participate, as this would be considered as the state competing against private business. Strangely, when gambling is legal in a state the lottery will likely not be.
Odds of winning the grand prize is approximately 1 in 175,711,536. The odds are a little better than those of the Powerball, which has odds that are about 1 in 195 million. It is highly unlikely that the ticket you buy is going to be a winner. However, if you are feeling lucky, then maybe it is a good day to run down to your local Mega Millions Lottery distributor and choose your numbers.
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Mega Millions Jackpot
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PR Newswire : Mega Millions Jackpot Grows to Estimated $50 Million; More Than 380,000 Tickets Win Prizes in Tuesday’s Drawing. $5.95 … |
