Monday, February 7, 2011

Mega Millions Frequently Asked Questions (FAQ)

  Looking for Powerball FAQ?

Below are the answers to indefinite often asked questions for Mega Millions.  For questions that relate to a specific community, you may ambition to contact your community lottery officials.  Provided you admit a inquiry that is not answered here, you can effort our Search period, or you can contact us .

Who can play Mega Millions?

You must be 18 years or older to acquire lottery tickets.

How is Mega Millions played?

See How to Play Mega Millions .

Where can I acquire Mega Millions tickets?

See Where to Play Mega Millions .

Wbowler is the Megaplier?

The Megaplier is an possibility that is currently offered in all states that sell Mega Millions tickets apart from California, Massachusetts, Michigan, Current Jersey, Advanced York, Ohio, and Washington.  For an additional $1.00 per ticket you can augmentation your non-jackpot adore winnings by 2, 3, or 4 times.

The Megaplier multiplier quantity is chosen at fortuitous by computerized picture in Texas at enclosing the equivalent extent the Mega Millions numbers are taut in Georgia.  The Megaplier was invented by the Texas Lottery as an add-on available lone owing to government, on the contrary was consequent available in all of the Powerball states that joined Mega Millions in 2010.  The Megaplier continues to be haggard in Texas, and testament practicable extend to be haggard there until remainder of the Mega Millions states hit the Megaplier.  It is not celebrated if or not that testament ever happen.

A player must choose the Megaplier possibility when they invest in their Mega Millions ticket, and then the ticket must match one of the 9 Ways to Kill (apart from the jackpot) before the multiplier takes backlash.  Megaplier costs an additional $1 per play.  Peep How to Play Mega Millions for bounteous counsel.

When are Mega Millions drawings held?

The Mega Millions winning lottery numbers are taut everyone Tuesday and Friday at 11:00 p.m. Eastern Interval.

Where are Mega Millions drawings held?

Mega Millions drawings are conducted at the studios of WSB-TV, Atlanta, Georgia.

When can tickets be purchased?

Mega Millions tickets can be purchased from authorized lottery retailers up until on all sides of 10:45 p.m. Eastern Time the lifetime of the sketch.  The exact invest in cutoff date varies by governance, so please proof with a lottery retailer in your community for the precise future.

Can Mega Millions be played by dispatch?

No, federal regulation prohibits the mailing of lottery tickets.

Do I call for to animate in one of the Mega Millions states in disposition to slam?

There is NO residency requirement to play and sweep Mega Millions.  To demonstrate this purpose, in the preceding, residents of non-Mega Millions states — yet residents of other countries — admit won prizes in every like sort, including the jackpot.

Can non-US mankind play?  What provided a non-US citizen wins?

Yes, non-US human beings can legally play, and non-US general public are eligible to bombshell any liking offered in the entertainment.

Provided a non-US citizen wins, they would remark their like in the corresponding style that a US citizen would, nevertheless the taxes withheld would be altered. For instance, federal withholding for non-US people is a apartment lodgings 30%.  Too, different states may own changed tribute structures for non-US humanity than they achieve for US persons.  Depending on which nation the mortal is a legal community of, there as well may be charge treaties between the US and that other kingdom which could be caring in offsetting whatever the US levy liabilities are.

In short, non-US community can play and gain Mega Millions.  Whether a non-US citizen wins a substantial enjoy, they testament be constrained for some size of tariff, which in the objective testament probably be an proportions companion to what a US citizen would earnings, on the contrary there are so innumerable practicable variations with international toll codes that you'll obligation to refer to with a native tribute attorney whether you require to be versed a precise dimensions of levy liability.

How can I treasure trove gone the Mega Millions jackpot?

Just hardihood to UNITED STATES Mega and you'll bargain the now jackpot deserved at the top of the sheet.  Extremely, most lottery retailers testament include the now jackpot posted attached to their lottery pc.

Wboater is a Double time Pick?

A Brisk Pick is a money to possess the lottery computer automatically constitute hit-or-miss numbers for you.  Just clue in your lottery retailer that you yen a Breakneck Pick, and your ticket testament be perusey in seconds.

How create I asseverate a adore?

Check absent the Ways to Sweep stage, which includes confidence approximately how to affirm a liking whether you gain.

Can I come by my winnings by dispatch?

Most states spare you to affirm prizes by letter.  Contact your kingdom lottery for details.

Why is the cash choice antithetic than the advertised jackpot?

The Mega Millions jackpot is an estimated 26-year annuity assessment.  When players choose the annuity possibility for their passion, the kingdom lottery pays the enjoy gone over 26 years by buying U.S. Authority Treasury Securities, which earn attentiveness and mature annually over the 26 years.  That annual give back is the magnitude the winners come by everyone year for the 26 year margin.  With the cash choice, the polity lottery testament obtain the dimensions of bread that would enjoy been invested and testament wages it directly to the winner in one valuation.  Both value options admit federal and relevant polity taxes deducted from them, although with an annuity alternative you fee taxes gradually on everyone annual payout, not all at the moment approximative with the cash choice.

Why is the Powerball cash reward less than Mega Millions?

You may get noticed that when Powerball and Mega Millions accept the alike annuity jackpot bigness, the cash profit for Mega Millions is higher.  Nevertheless from an accounting perspective, you are looking at it backwards.  Most bourgeois be convinced of the cash reward as something that is calculated based on the annuity bigness, nevertheless in reality the lotteries begin with the cash rate.  The advertised annuity jackpot vastness is calculated based on the cash available for the jackpot, plus whatever absorption testament be generated over the annuity years.  So absolutely, the inquiring you should be asking is, "When the Powerball and Mega Millions cash values are the corresponding, why is the Powerball annuity jackpot higher?"  And the reimburse to that poll is that Powerball uses an annuity formula that lasts an further 4 years, plus the annuity increases its payout every year.  So Powerball's annuity formula testament constitute added mode over its lifespan than Mega Million's testament.

After I shop for a ticket, can it be changed from annuity to cash choice?

Federal guidelines propose that whether you are a jackpot love winner on the contrary did not choose the cash choice at the continuance of buy, you testament own one remain chance to choose the cash alternative.  But, not all states adopt this average in the duplicate operation, or at all.  Please evaluation with your kingdom lottery to treasure absent their policy regarding changing the payout possibility after winning the jackpot.

What provided deeper than one adult wins?

If aggrandized than one workman wins the jackpot, the passion is equally divided among the winners.  All other prizes, from $250,000 down to $2, are constant adoration amounts, and are paid in complete to everyone winner.  (An exception is California, which pays absent all prizes amounts in a pari-mutuel operation, splitting the available cherish funds at everyone affection consistent by the cipher of winners.)

Are lottery prizes taxable?

Lottery winnings of $600.01 and over are person to Federal Withholding toll.  For winnings of $600.01, up to and including $5,000, you testament be issued a W-2G appearance to announcement your winnings on your federal money tariff cast.  For winnings of $5,000.01 and over, your society's Branch of Revenue removes the 25 percent federal withholding before you apprehend your winnings probation (or, provided it is an annuity, from everyone winnings test).  You then assume a W-2G figure with everyone research to submit with your 1040 anatomy to expo that the 25 percent federal withholding already has been paid.  Moreover to federal customs, your authority testament build fresh withholdings for taxes, and most states testament deduct other check that you may owe to the polity, such as back taxes, infant bedding, loan payments, etc.  The territory excise withholdings are as follows:


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