Nj Lottery Biography
Mega Millions (MM) is a US multi-jurisdictional $1 lottery game. Since it replaced The Big Game in May 2002 (see below), Mega Millions' advertised jackpots have started at $12 million, paid in 26 equal yearly installments (unless the cash option is chosen); the jackpot increases when there is no top-prize winner.[1]
Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. A cash value option (the usual choice), when chosen by a jackpot winner (see below), pays the approximate present value of the installments. Mega Millions currently uses a 5/56 (white balls) plus 1/46 (the Mega Ball) double matrix to select its winning numbers. Each game costs $1. In 43 of the 44 Mega Millions jurisdictions (California is the exception), there is an option, called Megaplier (such games are $2 each) where non-jackpot prizes are multiplied by 2, 3, or 4. The Megaplier was made available to all Mega Millions jurisdictions in January 2011; it began as a Texas-only option. Mega Millions is drawn at 10:59 p.m. Eastern time Tuesdays and Fridays, including holidays. Mega Millions is administered by a consortium of its 12 original lotteries[2] and the drawings are held at WSB-TV in Atlanta, Georgia.[3] supervised by the Georgia Lottery.
Mega Millions (MM) is a US multi-jurisdictional $1 lottery game. Since it replaced The Big Game in May 2002 (see below), Mega Millions' advertised jackpots have started at $12 million, paid in 26 equal yearly installments (unless the cash option is chosen); the jackpot increases when there is no top-prize winner.[1]
Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. A cash value option (the usual choice), when chosen by a jackpot winner (see below), pays the approximate present value of the installments. Mega Millions currently uses a 5/56 (white balls) plus 1/46 (the Mega Ball) double matrix to select its winning numbers. Each game costs $1. In 43 of the 44 Mega Millions jurisdictions (California is the exception), there is an option, called Megaplier (such games are $2 each) where non-jackpot prizes are multiplied by 2, 3, or 4. The Megaplier was made available to all Mega Millions jurisdictions in January 2011; it began as a Texas-only option. Mega Millions is drawn at 10:59 p.m. Eastern time Tuesdays and Fridays, including holidays. Mega Millions is administered by a consortium of its 12 original lotteries[2] and the drawings are held at WSB-TV in Atlanta, Georgia.[3] supervised by the Georgia Lottery.
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