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It had to take a whole lot of luck to win Tuesday night's big $355 million Mega Millions jackpot drawing against astronomical odds. Then, there's always the question of whether you should take the annuity or the much lower one-time payment? For the $355 million jackpot, the annuity would pay $13.6 million each year for the next 26 years, so you won't be able to spend all of your winnings at once. The jackpot grew to such a huge sum because Friday night's drawing failed to produce a winner for the multi-state lottery's top prize, which was estimated to be $290 million.
By Tuesday, the jackpot had reached $355 million after 15 consecutive drawings that started Nov.
Mega Millions jackpots begin with $12 million and roll over to the next drawing until there is a winner. Other smaller monetary prizes can range from $2 to $250,000, depending on how many numbers are matched. The largest Mega Millions jackpot ever won was $390 million in March 2007, according to the Mega Millions website. Although the odds of winning Mega Millions' top prize are about 1 in 176 million, that hasn't stopped people from dreaming big. Some Mega Millions players told ABC News they were picking numbers from birthdays to home addresses.



Mathematicians and lottery officials said that the odds of winning are always the same regardless of how many people play because they always draw from the same set of numbers. Five numbers are picked from a set of balls numbered 1 to 56 and one mega number is drawn from a set of balls numbered 1 to 46.
Letting the computer choose your numbers or quick picks does not necessarily increase your chances of winning. Statistically, it doesn't matter and playing the same number time after time doesn't help you win any faster. Experts also said it's a misconception that your chances are better if you live outside a big city. New York state leads the way with 23 Mega Millions winners and more than half of those winners came from New York City. But some players such as seven-time lottery winner Richard Lustig have come up with their own winning method. Lady Luck is on your sidethis slot machine is loose!Lady Luck Casino Slot Machine Game for iOS puts a Las Vegas Casino right on your phone and in your pocket. Jackpot Slots Pro is a fun, fast paced slot machine game that will keep you playing for hours! If you picked numbers 15, 47, 4, 25, 8 and mega number 42, out of all the people who lined up in 41 states and the District of Columbia, you did it.


Off the top, the lottery withholds 25 percent for federal taxes, and then another 6 or 7 percent for those who have state taxes, which vary by location. You think, 'What am I going to do in my plane, where am I going to go, how big a house will I live in.' It's a level of fantasy we all engage in, somebody will win that, it could be you," said Emily Oster, an assistant professor of economics at the University of Chicago Booth School of Business.
It's all one giant computer system, so it doesn't matter," said DeFrancisco of the Georgia Lottery.
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Uses statistical analysis, pattern matching, commonly picked together numbers and linear regression to predict likely winning combinations. Covers 27 major lotteries in 4 countries plus Play For Credits Lotto: Win a lifetime of free Lotto Cheatah use with a single click!



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