It sounds good to win $40 million, which is the minimum guaranteed jackpot at MegaMilliions. That’s a life-changing sum, but only the luckiest end up winning it. Have you ever wondered what the chances of winning the grand prize are? Our guide offers everything you should know about US MegaMillions odds, including your chances for each reward tier!
The chances of winning the jackpot are 1:302,575,350. However, your overall chance of winning a prize lies at 1:14.7. That’s because MegaMillions offers nine reward tiers. The two weekly draws give you a couple of chances to win every week. MegaMillions uses a two-drum concept, which proved to be exciting for players. If you are looking for an adrenaline rush, you can’t go wrong with this lottery!
How to Take Advantage of Knowing the Odds of MegaMillions
The initial requirement is to understand the rules. MegaMillions uses a 5/75 + 1/16 concept, which means it’s a two-drum matrix.Here are different ways how learning more about your odds in this game can help!
How to Use Math for Increasing the Odds of Winning
The laws of probability and statistics are often applied in different lottery strategies. For example, some players like to perform deep mathematical analysis when coming up with numbers for their tickets. Here are the most common tips they use:
Don’t pick all odd or even numbers.
Create a balanced combination of low and high digits and numbers from every decade.
Use the median value when assembling a lottery ticket. The median value for MegaMillions is 37.5 (75/2), so the numbers for the main pot should have an average value of close to 37.5. The equation is (N1+N2+N3+N4+N5)/5=37.5.
How Lottery Syndicates Affect the Odds of Winning MegaMillions
Syndicates allow you to join other players and participate in the same draw together. Then, you combine the funds to purchase more tickets. The math is simple – the more tickets you buy, the better chances of winning. You’ll find that MegaMillions syndicates are among the most popular online.
Can Random Numbers Increase Your Odds?
If you use a randomizer, make sure to use the one offered by the official lottery vendor. Although they pick random numbers, some rules for creating a balanced combination still apply. Apart from choosing random options, you can go for your horoscope lucky numbers or any other you believe in bringing you good fortune.
MegaMillions Odds and Prizes Chart
MegaMillions makes playing fun with nine prize tiers. The majority includes the MegaBall from the second drum. You can win some rewards, including the second tier, by guessing the numbers from the main pot right. Here is the overview of your chances when playing MegaMillions!
Requirements
Odds
Prize
5 + MB
1:302,575,350
Jackpot (minimum $40 million)
5
1:12,607,306
$1 million
4 + MB
1:931,001
$10K
4
1:38,792
$500
3 + MB
1:14,547
$200
3
1:606
$10
2 + MB
1:693
$10
1 + MB
1:89
$4
0 + MB
1:37
$2
Jackpot – 5 Numbers Plus MB Can Get You $40+ Million
You have a shot of 302,575,350 to win the MegaMillions jackpot. As usual, the main reward requires guessing all numbers drawn correctly. The minimum guaranteed sum is $40 million, but it increases with each round. That’s how MegaMillions jackpots turned out to be some of the biggest lottery winnings ever.
5 Numbers for $1 million
The second tier is $1 million, but you can increase it if you play the Megaplier. It’s how they call the multiplier in this game. Winning this prize requires beating the odds of 1:12,607,305.
4 Numbers Plus MB for $10K
You are only a number short of winning the MegaMillions jackpot with this tier. You can expect $10K in return if you beat the odds of 1:931,001. It’s interesting that this reward tier is five times higher in US Powerball.
4 Numbers for $500
If you miss a single number from the main pot, the “consolation” reward is $500. The odds of winning this tier are 1:38,792.
3 Numbers Plus MB for $200
You need to beat the odds of 1:14,547 to win this prize. It’s a demanding task, and the expected return is $200, which is about 100 times the ticket price.
3 Numbers for $10
Having three numbers on your ticket means you guessed more than half of those drawn from the main pot. Your odds are 1:606, but you can only expect $10 as payment.
2 Numbers Plus MB for $10
This prize tier offers worse odds than the previous one. Your shot is 693 to 1 to guess this combination, and the prize is also $10.
1 Number Plus MB for $4
You have an 89 to 1 shot of guessing a single number from the main pot and the MegaBall. The payout is measly $4, but it’s better than nothing.
MB Number for $2
There are fifteen numbers in the MegaBall pot. If you guess the one that will be drawn correctly, you’ll win $2. The odds to guess right and get your ticket money back are 1:37.
FAQ
What Are My Payment Options When Winning at US MegaMillions?
If you win the jackpot, you can pick between one-time payments and annual installments. The former will turn out to be a small sum, but you’ll receive it at once. And don’t forget that lottery taxes apply to MegaMillions.
Can You Play MegaMillions from Outside the US?
Yes, you can play this game from anywhere in the world. We have a selection of the best lottery sites, so make sure to stick to them when playing online.
Where Can I Check MegaMillions Results?
Our MegaMillions Results page offers the winning numbers from the previous draw. You can also discover useful information, such as the current jackpot.
Takeaway
MegaMillions gathers millions of players from the entire world. The concept is exciting, and the prizes offered are among the biggest in the lottery world. Your shot of winning the jackpot at this game isn’t the most attractive, but the huge grand prize implies you should give it a shot. Feel free to try MegaMillions and see why players around the globe love it!
