The game known as Mega Millions Lottery could be a way to win huge jackpots in many different states. The current incarnation of it began in May 2002 and is still being played a lot today. Drawings occur on Tuesdays and Fridays in order to discover if anyone has picked the lucky numbers for their ticket.
Most tickets cost one dollar. It is possibly to pay an extra dollar in order to multiply any non-jackpot win by up to four times. The drawings take place in Atlanta, Georgia. You may purchase a ticket up to fifteen minutes before the drawing starts past ten thirty at night on eastern standard time.
The jackpot will begin at twelve million dollars and will go up in value each time it is not won during a drawing. The highest jackpot that was won was for three hundred and ninety million dollars. This feat occurred on March 6, 2007 and it was the largest lottery win ever recorded.
If you are lucky enough to win, you will have the choice between taking a lower lump sum immediately and getting paid out in installments. The cash value of the prize is about the same as the advertised jackpot, but the interest that would have accumulated had the prize been paid out in installments will be subtracted. The installments can be paid out monthly, sometimes being paid for over twenty years.
It is easy to play the game. Many stores sell tickets at the register. If the state you are in participates, you may be able to go to the nearest convenience store and buy your ticket. When you do decide to buy a ticket, you will be asked to select your numbers. Those numbers will be printed onto the ticket and all you need to do is wait to see if you've won.
Most states have a minimum age of eighteen in order to play. Some states, such as Iowa, make the minimum age twenty-one. There are states, though, where it is illegal to sell tickets, such as Nevada. In Nevada gambling is legal, so the state participating in the lottery would mean that the government was competing with private business, which is illegal in the United States.
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.
Mega Millions
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