Megamillions is a one dollar lottery game in the United States. Its main competitor is Powerball.
Megamillion jackpot starts at 12 million dollars and accumulates when there is no jackpot winner. It can be paid in lump sum after computing the present value of all the installment amounts. It is available in 12 states California, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Texas, Virginia, and Washington.
If someone wants to win megamillion, the first thing to do is to learn how to play it. To play the game, the gamer has to choose five numbers from 1 to 56 and one additional number form 1 to 46. The last number that is chosen is the mega ball and is golden in color while the other five numbers comes in white. Since the ball is drawn from two different machines, the mega ball number can be the same as the one number from the white balls. Sometimes, a “quick pick” is done to minimize the task of picking numbers. The process is much the same since the numbers are also randomly selected.
The next thing to do after learning is to buy a ticket and participate in the draw. The megamillions winning lottery numbers are drawn every Tuesday and Friday around 11:00PM Eastern Time. Tickets can be purchased until 10:45 Eastern Time from authorized retailers. The odds or winning the prize in the game is 1 in 40 and the odds of winning will be one in 176 million based on the overall 12 states population.
To claim the prize, the ticket must be signed at the back by the player. The tickets are validated first if they are genuine and are acceptable. The prize must be claimed in the state where the ticket is purchased. In playing megamillions, one must select from two options. The first is cash option where the jackpot prize will be paid in lump sum while the annuity option offers the winner the portion of the jackpot payable in 25 years or 26 annual installments. For unclaimed prizes, the amount is distributed to the member states and usually donated to the education sector.
Further, someone doesn’t have to be a resident of megamillion state to play the game. Other people from any state can do so provided they are 18 years old and above to be eligible in purchasing the lottery tickets. In fact, even non-US citizens can play the game and the prize would be given the same way. The only difference that can be implemented is on the computation of taxes since they are based on tax laws.
In order to win the megamillion one has to choose the best combination of numbers. There can be strategies and tips that can be followed to increase the chance of winning. Information is publicly available and can be found on the internet. Simply follow the reliable steps as you go towards the jackpot prize. Therefore, to be able to have the best chance of winning the lottery, it is best to learn first the basics like how to play the game.