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Everything you Should Know about Mega Millions

Everything you Should Know about Mega Millions

The draws are conducted every Tuesday and Friday and the jackpot varies for each. The Mega Millions draw to be held tomorrow has a jackpot of $377,000,000, which means that you can become a millionaire overnight.

One of the most renowned multi-state lottery played in America is the Mega Millions. Over the years, it has become a staple in the lottery landscapes due to its high jackpots, frequency and popularity. The establishment and growth of online lottery platforms has only boosted its popularity because now people from any part of the world can participate in one of the biggest lottery draws. Since Powerball is also a multi-state lottery, people often become confused between the two. Yes, it is a fact that the top 10 jackpots of all time have either been from Mega Millions or from Powerball.

These lotteries have a minimum jackpot guarantee of $40,000,000 associated with them. In addition, both Powerball and Mega Millions require the player to select five numbers and one bonus ball and match them to the draw to win the jackpot. However, this is where the similarity ends. In Mega Millions, you have to select the five regular numbers from a total of 70 whereas the bonus number is chosen from 25 balls. In contrast, Powerball allows you to choose five numbers from 69 and the bonus ball from 26.

How to Play Mega Millions

As mentioned above, you have to choose five numbers from 70 and one Mega Ball from 25. You have the option of doing so manually or you can also go for the random quick pick option at https://www.lottosend.com/megamillions for choosing your numbers. You will be able to take the top tier prize home if you are able to match the five numbers as well as the bonus ball. The draws are conducted every Tuesday and Friday and the jackpot varies for each. The Mega Millions draw to be held tomorrow has a jackpot of $377,000,000, which means that you can become a millionaire overnight.

History of Mega Millions

Being one of the top lotteries around the globe, Mega Millions holds the record of the 2nd and 3rd highest jackpots ever given out, which were $656 million and $648 million respectively and were awarded in 2012 and 2013. However, these two huge jackpots are not exactly anomalies because Mega Millions has been known to give massive prizes. In 2014, the jackpot amounted to $414 million, in 2011 it was about $380 million and in 2007, the jackpot had been $390 million.

It is not just the huge jackpots that set Mega Millions apart from other lotteries; it is the fact that Mega Millions offered a minimum jackpot of $15 million, which is quite staggering. Having a minimum jackpot that’s higher than the maximum jackpot of some lotter games is definitely an incentive for lottery players to participate in the Mega Millions draw. It is a given that prizes will always be high so if you are risking your money, it is best to do so by playing Mega Millions at https://www.lottosend.com/megamillions.

What Happens if you Win Mega Millions?

If you win the Mega Millions jackpot, you should remember that prizes higher than $599 are subject to taxes and some additional regulations, with the exception of California. There are two options at your disposal when it comes to taking your winnings. First, you can receive your winnings in the form of 30 annual payments. You can also take a cash prize, but this will be lesser than the actual jackpot amount. However, you should know that after you win your prize and it is validated, you have only 60 days to decide the cash value of the prize rather than 30 annual payments.

How to Claim your Mega Millions Winnings?

If you have successfully matched the numbers in the Mega Millions draw and won the prize, you will be sent an email to notify you of your winnings. After the results have been published, any prize that you have won will be directly transferred into your Lottosend account. An account manager will get in touch with you if your prize is higher than $600 and they will discuss how to claim and transfer your winnings as per your convenience. But, if it is a large jackpot win, then you have to collect the amount in the country where the ticket was purchased or a representative from Lottosend can do it on your behalf.

How to Increase your Chances of Winning?

Obviously, everyone wants to win the Mega Millions jackpot of $377 million in this draw because it will definitely change your life. But, how can you increase your chances of winning? There are different tips and tactics you can use for selecting your numbers. Look at the past trends of the lottery and check out which numbers have been withdrawn more frequently so you can add them to your choices.

Another option at your disposal is to buy group game tickets. This is also known as a syndicate and involves people pooling in their money for purchasing group game tickets, which can definitely boost up your odds immensely. Furthermore, it is much cheaper because you can purchase a large number of tickets at a reduced price. If you buy multiple tickets on your own, they will cost you considerably more.

Odds of Winning Mega Millions

It is also wise for you to check out your odds of winning the Mega Millions lottery in a draw. They are outlined below according to the numbers matched:

  • 1st Prize: Matching 5 regular and 1 bonus ball and the odds are 1 in 302,575,350.
  • 2nd prize: Matching 5 regular numbers and the odds are 1 in 12,607,306.
  • 3rd prize: Matching 4 regular and 1 bonus ball and its odds are 1 in 931,001.
  • 4th prize: Matching 4 regular numbers and the odds are 1 in 38,792.
  • 5th prize: Matching 3 regular and 1 bonus ball and the odds are 1 in 14,547.
  • 6th prize: Matching 3 regular numbers and its odds are 1 in 606.
  • 7th prize: Matching 2 regular and 1 bonus ball and the odds are 1 in 693.
  • 8th prize: Matching 1 regular and 1 bonus ball and its odds are 1 in 89.
  • 9th prize: Matching Bonus ball only and its odds are 1 in 37.
  • Any prize: The odds are 1 in 24.

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