What if u get the Mega Ball only?
What happens if you match the Mega Ball only? If you match only the Mega Ball (and don’t match any of the 5 regular numbers), you win a $2 prize and break even on the $2 cost of your Mega Millions ticket.
How is the jackpot paid?
Lottery winners can collect their prize as an annuity or as a lump-sum. Often referred to as a “lottery annuity,” the annuity option provides annual payments over time. … Powerball and Mega Millions offer winners a single lump sum or 30 annuity payments over 29 years.
How does the Megaplier work?
“Megaplier®” means Mega Millions® game feature, known as “Megaplier®“, by which a player, for an additional wager of $1 per play, can increase the guaranteed prize amount or pari-mutuel prize amount, as applicable, excluding the Jackpot Prize by a factor of two, three, four, or five times depending upon the multiplier …
What happens if you get one Mega Millions number?
If you choose one correct number plus the Mega Ball you’ll bring home $4. The odds more than double to a 1 in 89 chance.
How do you win the Mega Ball?
Players may pick six numbers from two separate pools of numbers – five different numbers from 1 to 70 (the white balls) and one number from 1 to 25 (the gold Mega Ball) – or select Easy Pick/Quick Pick. You win the jackpot by matching all six winning numbers in a drawing.
How is PCH $5000 a week for life paid out?
Prize will be paid as follows: If the matching winning number for Giveaway No. 19000 is assigned to a timely entrant from this promotion, the winner will receive $5,000.00 A-Week-For-Life. The prize will be paid for life to the winner and thereafter to one other natural person designated by the winner.
How much money do you actually get if you win the lottery?
The federal government and all but a few state governments will immediately have their hands out for a bit of your prize. The top federal tax rate is 37% for income over $500,000. The first thing that happens when you turn in that winning ticket is that the federal government takes 24% of the winnings off the top.
How do you collect lottery winnings?
All you have to do to claim a Powerball prize is to show identification that matches the signature on the back. If your jackpot-winning ticket gets lost or stolen, anyone could claim your cash if you haven’t signed your ticket.