Mega Millions® - Frequent Questions
1. How many states participate in Mega Millions®?
Beginning January 31, 2010, Mega Millions is played in 35 jurisdictions. To learn more about the participating jurisdictions, go to: www.megamillions.com.
2. What is the cost of a Mega Millions® ticket?
The cost for a single play is $1. If a player chooses the Megaplier option, there is an additional $1 charge per play.
3. What is Megaplier®?
Play the Megaplier feature for an extra $1.00 per play and increase your non-jackpot prize winnings by 2, 3, or 4 times. Mark the MEGAPLIER BOX on the play slip to select this feature for all plays. Any non-jackpot prize you win on a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature.
4. When are the drawings held?
Drawings are at 10:00 p.m. C.S.T. every Tuesday and Friday.
5. What are the odds of winning a prize?
The odds of winning any prize on a $1 play are 1 in 39.89. More detailed information on odds and prizes is available at: www.megamillions.com
6. How many ways can a player win?
There are 9 different ways to win (including the jackpot)! Mega Millions Information
7. Can a player purchase one ticket that is good for more than one draw?
Yes. A player may buy a Mega Millions ticket for up to 9 consecutive draws (current draw plus the next 8 draws). This is a “multiple draw ticket.” A player may also choose to purchase a subscription for Mega Millions. A subscription is good for 26, 52, or 104 draws. Subscription
8. Why is the Cash Option amount different than the advertised jackpot for Mega Millions®?
A jackpot prize winner may choose to receive the prize money in annual payments over a period of twenty-five years (26 payments over 25 years), or as a single lump sum cash payment.
When a player chooses the Cash Option, the Lottery pays the money that would have been invested over 25 years directly to the player in one payment.
Both payment options are subject to income taxes. A player automatically receives the annuity option unless the player chooses the Cash Option within 60 days of claiming the jackpot prize.
9. What happens if I win the jackpot and pass away before I receive all the payments?
If a winning player passes away during the annuity payment period of a prize that is paid on an annuitized basis, the Multi-State Lottery Association’s game group, in its discretion, may accelerate the payment of all of the remaining proceeds to the player’s estate. |
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