The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
None of the tickets sold for Friday's $212 million drawing matched all five lotto numbers and the Mega Ball. The next drawing will be Tuesday.
There were 22 second prize winners: 4 from California, 1 from Georgia, 1 from Illinois, 1 from Massachusetts, 3 from Michigan, 3 from New Jersey, 4 from New York, 2 from Ohio, 2 from Texas, and 1 from Virginia. Each ticket matched all five lotto numbers but not the Mega Ball number to win $250,000.
The California second prize winners will receive $205,884 each, since California pays prizes based on the amount of sales combined with the number of winners, rather than using the fixed prize amounts the other states use.
Also, 190 tickets matched four of the five lotto numbers, plus the Mega Ball number. Those tickets are each worth $10,000. 41 of those tickets were sold in California and will receive $5,478.
The winning numbers from Friday's drawing were: 3, 5, 12, 16 and 34. The Mega Ball number was 27.
The Texas Megaplier was 3.
The Tuesday $256 million jackpot is the largest Mega Millions jackpot in more than three months. The last time it was this big was Tuesday, November 15, 2005, when one player won a $315 million jackpot.
The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
Hummm, notice how they NEVER mention that the promoted number is only valid if you choose annuity, and if the investment works out as planned! You are expected to read all the documents associated with the Mega Millions Lottery, plus all the documentation from the state you buy the ticket in. If the automobile industry fails, the advertisers will always have a future in the lottery industry.
The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
Hummm, notice how they NEVER mention that the promoted number is only valid if you choose annuity, and if the investment works out as planned! You are expected to read all the documents associated with the Mega Millions Lottery, plus all the documentation from the state you buy the ticket in. If the automobile industry fails, the advertisers will always have a future in the lottery industry.
I like the concept of an European lottery. You get cash that is advertise, tax-free, right on the spot. Claiming money is done in front of cameras but with total anonymity . Very interesting. I guess they don't publish your name and address.
The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
Hummm, notice how they NEVER mention that the promoted number is only valid if you choose annuity, and if the investment works out as planned! You are expected to read all the documents associated with the Mega Millions Lottery, plus all the documentation from the state you buy the ticket in. If the automobile industry fails, the advertisers will always have a future in the lottery industry.
I like the concept of an European lottery. You get cash that is advertise, tax-free, right on the spot. Claiming money is done in front of cameras but with total anonymity . Very interesting. I guess they don't publish your name and address.
Again, it DOES NOT MATTER if they publish your name or not! You cannot hide!!!!!!! What is so difficult about that concept? You cannot hide. Some where in the world, there is a relative, a friend, an enemy, or some one out walking their dog, who will find out about it, and B-A-M, the world will know. It will be a tax adviser, a lawyer, a bank official, a secretary, maybe the trash man sees you hiding in the closet, maybe the guy you bought the dozen guard dogs from, or the pregnant nun at the pub. Some one, some place will shoot their mouth off! You cannot go from $180 in the bank, to a multimillionaire status, and keep it a secret!! Sheeesh!!!
All you can do, is plan for the event, and be smart enough to use it to your advantage. Or not! Millions of people stand around waiting for mud to be splached on them every day. Your choice. The mud doesn't care. Who is smarter, the mud or you??????????????????
Way to go MM. I did not think you would let PB steal your thunder! You go. You have prompted me to join a lottery pool, MM. Now the odds will be better for me. Good thing the pool wants to do what I want to do with my winnings. Without reading the stories, we have a contract! Press, be cautious, honor our privacy. We will just give ya' what is required by the MM rules as far as publicity. Now Mega Millions, if you beat the record's highest jackpot, this pool of winners will make you the talk of the lottery world!. So keep growing your jackpot. This will be a prize claimed like none other---Your one day press event will go down in history! That is a promise; now you need to make this a jackpot that will go down in world history. Let this jackpot be untouched in Guiness for a century! Okay, just make it the biggest in the world. Come on, you can do it! Let's hear it for $536,000,000.00. You can top this in a couple of years, not a century.Our pool claims this victory at this time, this year, right now, it is ours!
Hmmm. That was my 200th post! Good things happen in increments of 100 for me. Hmmm. Mega Millions, I asked for a World Record Jackpot, but I will gladly settle for $2,000,000, or $200,000.00, even $2,000.00.
Is it a record if you claim the cash? Not in Powerball! Since the 8 meatpackers chose cash, is there still a record to be met? Since the works who won the $310M chose cash, is there still a record? Or is it all hyper for nothing?
Those making money on deception only become honest when they are about to go to jail - or about to die. Humm, ciminals do the same thing. I wonder if there is a relationship!
The May 2000 cash option of The Big Game (forerunner of MM) had a cash option of $180+ million. That is still the record in my books.
Brad
Your book is slightly out of date, but at least it's based on reality. The only things anyone with sense would recognize as records would be things that have actually happened. So far neither Powerball or Megamillions has given away a prize that even came close to what they have claimed as records.
The prize you mention is no longer the US record, though. The megamillions prize that was hyped as $315 million last November paid about 186 million in cash. That makes it the record holder for a US lottery game. Recently the cash value for Megamillions has been running between 58.5 and 60% of the annuity value. The Big Game cash prize was slightly less than 50% of the advertised jackpot,at least for that particular draw. When it was won either the payment structure was different or interest rates were a bit higher, resulting in the ability to offer a bigger annuity with any given amount of cash. Stringing out the annuity payments is why Powerball is hyping smaller payment as a new records, though the latest one did set a real record for a Powerball payout. The ironic thing is that they've spent so much time hyping the annuity values that when Megamillions took the record for a single ticket prize they never said boo.
The May 2000 cash option of The Big Game (forerunner of MM) had a cash option of $180+ million. That is still the record in my books.
Brad
Your book is slightly out of date, but at least it's based on reality. The only things anyone with sense would recognize as records would be things that have actually happened. So far neither Powerball or Megamillions has given away a prize that even came close to what they have claimed as records.
The prize you mention is no longer the US record, though. The megamillions prize that was hyped as $315 million last November paid about 186 million in cash. That makes it the record holder for a US lottery game. Recently the cash value for Megamillions has been running between 58.5 and 60% of the annuity value. The Big Game cash prize was slightly less than 50% of the advertised jackpot,at least for that particular draw. When it was won either the payment structure was different or interest rates were a bit higher, resulting in the ability to offer a bigger annuity with any given amount of cash. Stringing out the annuity payments is why Powerball is hyping smaller payment as a new records, though the latest one did set a real record for a Powerball payout. The ironic thing is that they've spent so much time hyping the annuity values that when Megamillions took the record for a single ticket prize they never said boo.
I can see Federal Tax on lottery winnings, but state tax is nothing but double taxation and states that aren't run by criminal cartels don't tax winnings. For example, in MA the lottery states "Approximately 50% of the amount of money wagered on each drawing goes into the prize pool." Let's say administrative costs are 10%, that means the state is making a 40 cent profit off each ticket, winning and losing. Then on top of their 40% profit on each dollar, they charge winners a 5.3% tax. Disgusting.
I agree that you can't remain anonymous to everyone, nor would you probably want to. The point is to be hard to find for the beggars and whackos. If I won where I live now, I would be known as a local rags to riches lottery winner, but if I moved to California or Hawaii afterwards I doubt most people would know or care about the source of my money.
The real thing to wait for this roll is if they have a jackpot adjustment. If they bump the jackpot up between now and Tuesday that means sales are really on a roll and if no one wins a record could happen. No adjustment means sales are either where the expected or a little less.
In Ohio this MM jackpot is getting more news coverage than usually because of the coverage of the PowerBall jackpot last week. The lead story for all the local stations is "If you missed out on the big PowerBall jackpot last week, you have another chance this week with MegaMillions and you won't have to make a road trip out of state". For this reason I expect sales to be higher than usual in Ohio.
Through Saturday, 3/4, in NY, buy $5 Mega on one ticket and get a free MM quick-pick. NY has done this numerous times, but not with the jackpot so high.
In Ohio this MM jackpot is getting more news coverage than usually because of the coverage of the PowerBall jackpot last week. The lead story for all the local stations is "If you missed out on the big PowerBall jackpot last week, you have another chance this week with MegaMillions and you won't have to make a road trip out of state". For this reason I expect sales to be higher than usual in Ohio.
The record is currently held by Euromillions at 219 million. Really doubt Mega's going to break it this time around.
That's the world record. MM has the US record. If MM rolls this time it might set a new US record, but it would have to go up by about 60 million (annuity value). That might be a stretch, but crossing the 300 mark at all certainly makes peole go crazy.. If it rolls a 2nd time there's a good chance that the cash value could equal or exceed 219. Based on this draw's cash to annuity ratio it would have to reach about 367 million to do that.
Even if it does reach that point I can see some argument about whether or not it's fair to call it a world record. Since Euromillions may be tax free, the same prize in an US based lottery won't put nearly as much money in your pocket. Even if you didn't have to pay any state taxes, the claimed annuity prize would have to be about 563 million in order to pocket 219 in cash after paying 35% in US income tax. Also paying 6% in state taxes would mean starting at about 620 million to clear 219. That's possible, but not at all likely.
I hope it does roll one more time after another jackpot increase. I also hope that MM reaches near the North American record of 365 million set by PB a few weeks ago and then someone win.
The real thing to wait for this roll is if they have a jackpot adjustment. If they bump the jackpot up between now and Tuesday that means sales are really on a roll and if no one wins a record could happen. No adjustment means sales are either where the expected or a little less.
Have they ever announced two bumps in the jackpot? I remember several times of it jumping once, but don't recall it happening twice.
it rolls a 2nd time there's a good chance that the cash value could equal or exceed 219.
WOW! That is a lot of money. Looking at the sole ticket with that number on it would be heart attack time! I still wouldn't buy a black cowboy suit or black cowboy hat, or black Lincoln, but it would be difficult to NOT do something crazy! Just from shock!
it rolls a 2nd time there's a good chance that the cash value could equal or exceed 219.
WOW! That is a lot of money. Looking at the sole ticket with that number on it would be heart attack time! I still wouldn't buy a black cowboy suit or black cowboy hat, or black Lincoln, but it would be difficult to NOT do something crazy! Just from shock!
A lot? After paying the taxes it's only the least bit over 125 million, and I've got a lot of friends I'd want to share it with. After all, if I'm going to have all that free time to go out and play I'll want my friends to be able to come out and play, too. When it's all said and done I probably wouldn't have anything over 75 million. And have you been paying attention to interest rates lately? I'd have to scrape by on an after tax income of maybe 3 to 4 million bucks a year, though I'm old enough that it would probably be safe to take a million in principal every couple of years or so.
In all seriousness, short of indulging in 15 to 20 million dollars worth of yacht (and the annual expense that would come with it), I'd probably find it very difficult to spend 3 million bucks a year on a regular basis without being completely wasteful. A few years back we treated ourselves to just over 3 weeks in the south Pacific, and even with all the incidentals the total cost wasn't much over 12 grand. Trading up to a better room and first class airfare could easily bump it up to the low 20's, but even at 5 trips a year that would still only be a bit over 100 grand. I'd probably have to do some significant philanthropy.
Buying a black suit and cowboy hat for the press conference might be amusing, though I don't know how many people would get it.
As for how often they bump up the jackpot estimate, I think that their estimates are usually close enough that an adjustment for one draw gets them on track for the next one. Unlike Texas, MM usually seem to guess conservatively, though they've had a few rollovers that were less than the previous one, which makes me think actual sales fell short of their guesstimates. Once it gets into the high 200's they don't have much past experience to go by, and over 300 all bets are off. If it rolls this time they'll probably be pretty close by advertising it at 320, though I'd guess they'd play it safe and say 310 or 315. If it rolls after that I'm not sure that anyone will have a real clue what the actual sales will be, but advertising an even 400 probably isn't at all risky.
I don't think their guesstimating would be that hard. If you sold b number of tickets in certain circumstance (recent pb, high MM, and you tracked the count. the projection would be close. Then it, on the last niight, it shot through the roof, you would raise it again.
Ever been around a pack of sharks feeding? The more bloody meat you throw in the watter, the crazier they get. After a few hours, they start eating each other. Right now, I think the sharks smell blood everywhere!
Guess "the odds" were against me. I did hit the $3.00 megaball on one ticket though! Eat your heart out!
Guess "the odds" were against me. I did hit the $3.00 megaball on one ticket though! Eat your heart out!
I am too, as usual.
The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
Hummm, notice how they NEVER mention that the promoted number is only valid if you choose annuity, and if the investment works out as planned! You are expected to read all the documents associated with the Mega Millions Lottery, plus all the documentation from the state you buy the ticket in. If the automobile industry fails, the advertisers will always have a future in the lottery industry.
The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
Hummm, notice how they NEVER mention that the promoted number is only valid if you choose annuity, and if the investment works out as planned! You are expected to read all the documents associated with the Mega Millions Lottery, plus all the documentation from the state you buy the ticket in. If the automobile industry fails, the advertisers will always have a future in the lottery industry.
I like the concept of an European lottery. You get cash that is advertise, tax-free, right on the spot. Claiming money is done in front of cameras but with total anonymity . Very interesting. I guess they don't publish your name and address.
http://news.monstersandcritics.com/europe/article_1094753.php/Three_winners_scoop_183-million-euro_lottery_prize
The jackpot in the multi-state Mega Millions lottery grew to $256 million Saturday.
Hummm, notice how they NEVER mention that the promoted number is only valid if you choose annuity, and if the investment works out as planned! You are expected to read all the documents associated with the Mega Millions Lottery, plus all the documentation from the state you buy the ticket in. If the automobile industry fails, the advertisers will always have a future in the lottery industry.
I like the concept of an European lottery. You get cash that is advertise, tax-free, right on the spot. Claiming money is done in front of cameras but with total anonymity . Very interesting. I guess they don't publish your name and address.
http://news.monstersandcritics.com/europe/article_1094753.php/Three_winners_scoop_183-million-euro_lottery_prize
Again, it DOES NOT MATTER if they publish your name or not! You cannot hide!!!!!!! What is so difficult about that concept? You cannot hide. Some where in the world, there is a relative, a friend, an enemy, or some one out walking their dog, who will find out about it, and B-A-M, the world will know. It will be a tax adviser, a lawyer, a bank official, a secretary, maybe the trash man sees you hiding in the closet, maybe the guy you bought the dozen guard dogs from, or the pregnant nun at the pub. Some one, some place will shoot their mouth off! You cannot go from $180 in the bank, to a multimillionaire status, and keep it a secret!! Sheeesh!!!
All you can do, is plan for the event, and be smart enough to use it to your advantage. Or not! Millions of people stand around waiting for mud to be splached on them every day. Your choice. The mud doesn't care. Who is smarter, the mud or you??????????????????
Way to go MM. I did not think you would let PB steal your thunder! You go. You have prompted me to join a lottery pool, MM. Now the odds will be better for me. Good thing the pool wants to do what I want to do with my winnings. Without reading the stories, we have a contract! Press, be cautious, honor our privacy. We will just give ya' what is required by the MM rules as far as publicity. Now Mega Millions, if you beat the record's highest jackpot, this pool of winners will make you the talk of the lottery world!
. So keep growing your jackpot. This will be a prize claimed like none other---Your one day press event will go down in history! That is a promise; now you need to make this a jackpot that will go down in world history. Let this jackpot be untouched in Guiness for a century! Okay, just make it the biggest in the world. Come on, you can do it! Let's hear it for $536,000,000.00. You can top this in a couple of years, not a century.
Our pool claims this victory at this time, this year, right now, it is ours!
Hmmm. That was my 200th post! Good things happen in increments of 100 for me. Hmmm. Mega Millions, I asked for a World Record Jackpot, but I will gladly settle for $2,000,000, or $200,000.00, even $2,000.00.
Is it a record if you claim the cash? Not in Powerball! Since the 8 meatpackers chose cash, is there still a record to be met? Since the works who won the $310M chose cash, is there still a record? Or is it all hyper for nothing?
The May 2000 cash option of The Big Game (forerunner of MM) had a cash option of $180+ million. That is still the record in my books.
Brad
Those making money on deception only become honest when they are about to go to jail - or about to die. Humm, ciminals do the same thing. I wonder if there is a relationship!
The May 2000 cash option of The Big Game (forerunner of MM) had a cash option of $180+ million. That is still the record in my books.
Brad
Your book is slightly out of date, but at least it's based on reality. The only things anyone with sense would recognize as records would be things that have actually happened. So far neither Powerball or Megamillions has given away a prize that even came close to what they have claimed as records.
The prize you mention is no longer the US record, though. The megamillions prize that was hyped as $315 million last November paid about 186 million in cash. That makes it the record holder for a US lottery game. Recently the cash value for Megamillions has been running between 58.5 and 60% of the annuity value. The Big Game cash prize was slightly less than 50% of the advertised jackpot,at least for that particular draw. When it was won either the payment structure was different or interest rates were a bit higher, resulting in the ability to offer a bigger annuity with any given amount of cash. Stringing out the annuity payments is why Powerball is hyping smaller payment as a new records, though the latest one did set a real record for a Powerball payout. The ironic thing is that they've spent so much time hyping the annuity values that when Megamillions took the record for a single ticket prize they never said boo.
The May 2000 cash option of The Big Game (forerunner of MM) had a cash option of $180+ million. That is still the record in my books.
Brad
Your book is slightly out of date, but at least it's based on reality. The only things anyone with sense would recognize as records would be things that have actually happened. So far neither Powerball or Megamillions has given away a prize that even came close to what they have claimed as records.
The prize you mention is no longer the US record, though. The megamillions prize that was hyped as $315 million last November paid about 186 million in cash. That makes it the record holder for a US lottery game. Recently the cash value for Megamillions has been running between 58.5 and 60% of the annuity value. The Big Game cash prize was slightly less than 50% of the advertised jackpot,at least for that particular draw. When it was won either the payment structure was different or interest rates were a bit higher, resulting in the ability to offer a bigger annuity with any given amount of cash. Stringing out the annuity payments is why Powerball is hyping smaller payment as a new records, though the latest one did set a real record for a Powerball payout. The ironic thing is that they've spent so much time hyping the annuity values that when Megamillions took the record for a single ticket prize they never said boo.
I didn't know that back in November the cash option was that high.
Well then I do have to update. I agree though. Interest rates were higher back then so that probably accounted for the lower cash option.
Brad
The record is currently held by Euromillions at 219 million. Really doubt Mega's going to break it this time around.
I can see Federal Tax on lottery winnings, but state tax is nothing but double taxation and states that aren't run by criminal cartels don't tax winnings. For example, in MA the lottery states "Approximately 50% of the amount of money wagered on each drawing goes into the prize pool." Let's say administrative costs are 10%, that means the state is making a 40 cent profit off each ticket, winning and losing. Then on top of their 40% profit on each dollar, they charge winners a 5.3% tax. Disgusting.
I agree that you can't remain anonymous to everyone, nor would you probably want to. The point is to be hard to find for the beggars and whackos. If I won where I live now, I would be known as a local rags to riches lottery winner, but if I moved to California or Hawaii afterwards I doubt most people would know or care about the source of my money.
It's gonna roll! By all means ya'll, it's gonna roll until Friday!
The real thing to wait for this roll is if they have a jackpot adjustment. If they bump the jackpot up between now and Tuesday that means sales are really on a roll and if no one wins a record could happen. No adjustment means sales are either where the expected or a little less.
In Ohio this MM jackpot is getting more news coverage than usually because of the coverage of the PowerBall jackpot last week. The lead story for all the local stations is "If you missed out on the big PowerBall jackpot last week, you have another chance this week with MegaMillions and you won't have to make a road trip out of state". For this reason I expect sales to be higher than usual in Ohio.
Through Saturday, 3/4, in NY, buy $5 Mega on one ticket and get a free MM quick-pick. NY has done this numerous times, but not with the jackpot so high.
In Ohio this MM jackpot is getting more news coverage than usually because of the coverage of the PowerBall jackpot last week. The lead story for all the local stations is "If you missed out on the big PowerBall jackpot last week, you have another chance this week with MegaMillions and you won't have to make a road trip out of state". For this reason I expect sales to be higher than usual in Ohio.
The record is currently held by Euromillions at 219 million. Really doubt Mega's going to break it this time around.
That's the world record. MM has the US record. If MM rolls this time it might set a new US record, but it would have to go up by about 60 million (annuity value). That might be a stretch, but crossing the 300 mark at all certainly makes peole go crazy.. If it rolls a 2nd time there's a good chance that the cash value could equal or exceed 219. Based on this draw's cash to annuity ratio it would have to reach about 367 million to do that.
Even if it does reach that point I can see some argument about whether or not it's fair to call it a world record. Since Euromillions may be tax free, the same prize in an US based lottery won't put nearly as much money in your pocket. Even if you didn't have to pay any state taxes, the claimed annuity prize would have to be about 563 million in order to pocket 219 in cash after paying 35% in US income tax. Also paying 6% in state taxes would mean starting at about 620 million to clear 219. That's possible, but not at all likely.
I hope it does roll one more time after another jackpot increase. I also hope that MM reaches near the North American record of 365 million set by PB a few weeks ago and then someone win.
The real thing to wait for this roll is if they have a jackpot adjustment. If they bump the jackpot up between now and Tuesday that means sales are really on a roll and if no one wins a record could happen. No adjustment means sales are either where the expected or a little less.
Have they ever announced two bumps in the jackpot? I remember several times of it jumping once, but don't recall it happening twice.
it rolls a 2nd time there's a good chance that the cash value could equal or exceed 219.
WOW! That is a lot of money. Looking at the sole ticket with that number on it would be heart attack time! I still wouldn't buy a black cowboy suit or black cowboy hat, or black Lincoln, but it would be difficult to NOT do something crazy! Just from shock!
Hey All I'm New to the forum and not much of a gambler.But with a 16 and a 17,college looming, I hope to atleast get one of those 2nd prizes.
thanks for the ear,
CJ Boston
it rolls a 2nd time there's a good chance that the cash value could equal or exceed 219.
WOW! That is a lot of money. Looking at the sole ticket with that number on it would be heart attack time! I still wouldn't buy a black cowboy suit or black cowboy hat, or black Lincoln, but it would be difficult to NOT do something crazy! Just from shock!
A lot? After paying the taxes it's only the least bit over 125 million, and I've got a lot of friends I'd want to share it with. After all, if I'm going to have all that free time to go out and play I'll want my friends to be able to come out and play, too. When it's all said and done I probably wouldn't have anything over 75 million. And have you been paying attention to interest rates lately? I'd have to scrape by on an after tax income of maybe 3 to 4 million bucks a year, though I'm old enough that it would probably be safe to take a million in principal every couple of years or so.
In all seriousness, short of indulging in 15 to 20 million dollars worth of yacht (and the annual expense that would come with it), I'd probably find it very difficult to spend 3 million bucks a year on a regular basis without being completely wasteful. A few years back we treated ourselves to just over 3 weeks in the south Pacific, and even with all the incidentals the total cost wasn't much over 12 grand. Trading up to a better room and first class airfare could easily bump it up to the low 20's, but even at 5 trips a year that would still only be a bit over 100 grand. I'd probably have to do some significant philanthropy.
Buying a black suit and cowboy hat for the press conference might be amusing, though I don't know how many people would get it.
As for how often they bump up the jackpot estimate, I think that their estimates are usually close enough that an adjustment for one draw gets them on track for the next one. Unlike Texas, MM usually seem to guess conservatively, though they've had a few rollovers that were less than the previous one, which makes me think actual sales fell short of their guesstimates. Once it gets into the high 200's they don't have much past experience to go by, and over 300 all bets are off. If it rolls this time they'll probably be pretty close by advertising it at 320, though I'd guess they'd play it safe and say 310 or 315. If it rolls after that I'm not sure that anyone will have a real clue what the actual sales will be, but advertising an even 400 probably isn't at all risky.
It rolled again - before the drawing.
I don't think their guesstimating would be that hard. If you sold b number of tickets in certain circumstance (recent pb, high MM, and you tracked the count. the projection would be close. Then it, on the last niight, it shot through the roof, you would raise it again.
Ever been around a pack of sharks feeding? The more bloody meat you throw in the watter, the crazier they get. After a few hours, they start eating each other. Right now, I think the sharks smell blood everywhere!