You can’t win, if you don’t play, I’m in for $4. Wouldn’t buy me a gallon of gasoline. FJB. Would donate some of the money to Very Conservative causes.
$810,000,000? I could pay most of my debts with that.
Buy one ticket to allow God scope to act on your behalf. More that one is a tax on the statistically challenged.
The total number of combinations of Jackpot winning numbers in Mega Millions is 302,575,350. The calculation is very simple, but I don't want to bore y'all. Let's just say it has to do with factorials (represented by a "!") - Thus: 70! (total regular balls) for 5 digits, divided by 5! (five regular balls selected) * 25 Mega Balls).
Since it costs $2 to buy a ticket, you have to double the calculation.
Thus the "True" gambling odds of winning the bet are 605,150,700.
It would be a "good" bet if you were handed $605,150,701 or more in cash, tax free, if you were fortunate enough to win.
Accordingly, it's currently not a good bet. : (
$810 reduced to $300 million.
Quite the money maker for the gov’ts.
First, that’s the amount for winners who take the annuity option, paid over 30 annual payments. But winners nearly always opt for cash, which for this drawing would pay out an estimated $470.1 million.
And then there are federal taxes, which will slice 37% off that cash prize, so that would leave less than $300 million.
I wonder if you got the annuity option, could J.G. Wentworth® give you more than $300 million?