640 million jackpot winners
The historical and largest ever $ million Mega Millions jackpot has been won in Kansas, Illinois and Maryland. This is the biggest ever lottery jackpot across the world. The winning numbers were 2, 4, 23, 38, 46 and the Mega Ball was Mar 31, · RED BUD, IL (KTVI) There are at least three new multimillionaires Saturday morning thanks to a massive Mega Millions lottery payout. One of three winning tickets sold in the record $ million. Mar 31, · The largest lottery jackpot in history – $m (£m) – has been shared in the US by at least three ticket holders. Winning tickets were purchased in Maryland, Illinois and Kansas, according to officials and media reports. The Maryland winner bought the ticket in a Author: Damien Pearse.
17 In New York Win Second Prize In Record Mega Millions
A letter bearing the Mega Millions logo was used in a string of lottery scams designed to trick people into providing personal financial information by cashing bogus checks. The Mega Millions trademark is owned by the Illinois Lottery. November 14, The Megaplier is not available in California, or on Just the Jackpot wagers where offered. Pros: Taxes favor taking the lump sum because rates are so low right now. The annuity—which was 20 annual payments no cash option was available when The Big Game began—changed from 26 equal yearly installments to 30 graduated annual payments increasing 5 percent yearly with the format change on October 19,
Mega Millions which began as The Big Game in and renamed, temporarily, to The Big Game Mega Millions six years later is an American multi-jurisdictional lottery game ; as of January 30, , it is offered in 45 states, the District of Columbia, and the U. Virgin Islands. What is now Mega Millions initially was offered in six states; the logo for all versions of the game following the retirement of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership, although some lotteries insert their respective logo in the ball.
Mega Millions is drawn at 11 p. Eastern Time on Tuesday and Friday evenings, including holidays. The jackpot increases when there is no top-prize winner. Reflecting common practice among American lotteries , the jackpot is advertised as a nominal value of annual installments. A cash value option the usual choice , when chosen by a jackpot winner, pays the approximate present value of the installments.
Mega Millions' previous format began on October 19, ; its first drawing was three days later. The Megaplier was made available to all Mega Millions jurisdictions in January ; it began as an option available only in Texas. Only the jackpot can be won; none of the lower-tier prizes are available on such a wager.
The expansion occurred on January 31, , as 23 Powerball members began selling Mega Millions tickets for their first drawing on February 2, ; likewise, 10 Mega Millions members began selling Powerball tickets for their first drawing the next day. Montana joining Mega Millions on March 1, was the first jurisdiction to add either game after the cross-sell expansion. Puerto Rico, whose lottery began in the s, currently does not offer Mega Millions. Mississippi began selling lottery tickets in ; it joined Mega Millions on January 30, Before the agreement, the only stores which sold Mega Millions and Powerball tickets were retailers whose business was on a border between jurisdictions which sold competing games.
One of the immediate questions, whenever someone wins a giant jackpot, is whether that lucky person should take their winnings in annual payments or accept a lump sum. Pros: The biggest allure of the annuity for any winning or windfall is having a guaranteed income stream for the next 30 years, which largely ensures you never run out of money.
Cons: But there are risks. You also could die before enjoying all your winnings. Tax rates, which currently are the lowest in decades for the top tax brackets, also could increase over the next 30 years, and more of your winnings then would go to Uncle Sam rather than into your pocket.
Pros: Taxes favor taking the lump sum because rates are so low right now. In 25 years, who knows? The key is to calculate how much you plan to spend immediately from the cash payout before making any calculations. There are plenty of stories of celebrities, professional athletes and other lottery winners who have squandered their newfound wealth and ended up in bankruptcy court. But the sheer size of this jackpot makes it hard for even the most ambitious spendthrift to blow all their winnings.
This story was originally published on March 21, The navigation could not be loaded.
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