The $ 1 you pay on your Mega Millions ticket benefits the state wherever it was purchased. On average, 35% of all Mega Millions ticket sales support government services within the member state. 50% five hundredth of each dollar wagered goes back to the players in prizes. roughly 15% goes to retail merchant commissions and lottery operational costs.
Mega Millions drawings are held Tuesday and Friday at 11:00 p.m. Eastern Standard Time, 10:00 p.m. Central Standard Time, 9:00 p.m. Mountain Standard Time, 8:00 p.m. Pacific Standard Time. Drawings are held at WSB-TV in Atlanta, Georgia. talk to your state lottery for the cut-off time to buy tickets.
Winning numbers are announced shortly after each drawing. info on the number of winners is announced on Wednesday and Saturday mornings once Mega Millions lottery security has verified winning ticket sales. You can also call a player info phone number in your state.
The history of Mega Millions is as exciting as taking part in the game! Following a record $363 million big game jackpot in 2000, the interest in big multi-state games was at an all-time high. And as interest within the multi-state games grew, thus did the participants. In May 2002, New York and Ohio joined Illinois, Michigan, Maryland, Georgia, Massachusetts, New Jersey and Virginia to form Mega Millions!
Sales for the country's newest multi-state jackpot game began on May 15, 2002, and the 1st drawing was May 17, 2002. Mega Millions jackpots begin at $12 million and, with countless folks playing, jackpots can roll to even higher levels at a quicker rate.
It did not take long for players in different states to join the mega fun! By Sept 2002, Washington had joined Mega Millions and in December 2003, Texas also began to offer the Mega Millions game to it's states players. In June 2005, California became the 12th member, to join Mega Millions as the country's most widely played multi-state jackpot game.
On January 31, 2010, twenty three additional state lotteries joined Mega Millions as an historic cross-selling agreement between Mega Millions and Powerball went into effect.
Unlike some multi-state or multi-country lotteries that have central offices, all of the Mega Millions duties are shared by the lotteries member states as a part of their membership within the game. The period of time for claiming a prize ranges from 180 days to 1 year from the draw date. Winners will have to decide how they will share a prize if there are more than one person envolved such as a pool winner once they claim it. Some restrictions do and can apply.
If a winner dies before receiving all of their annual payments, Mega Millions will still pay the annual payments, as scheduled , to the winner's selected beneficiary or to the winner's estate. Mega Millions isn't accountable for lost or stolen tickets. Shield yourself by always signing the back of your tickets as on as possible. Lottery tickets are considered bearer instruments, which means possession is 9/10th of the law. Unless they are signed, anyone in possession of the ticket can file a claim on that winning lottery ticket.
Winners who opt for the annuity method will receive twenty six annual Mega Millions payments. All prizes are subject to both state and federal income taxes. If you're a Mega Millions jackpot winner, you'll have the choice of a cash option or an annual payout.
- The Annuity Option: Provides annual payments over a 26-year period. for each $1,000,000 in the jackpot, you will receive roughly $38,500 each year before taxes.
- Cash Option: Is a one-time, lump-sum payment that's equal to all the cash in the Mega Millions jackpot prize pool.
Some states use a Mega Millions Megaplier feature in which players can increase non-jackpot prize winnings by two, three, or four times. in a participating state, you'll be able to play the Mega Million Megaplier for an additional $1.
