The prizes in the Mega Millions are the largest lottery prizes out there! So, if it’s huge prizes you’re after, then this is the right lottery for you! The Mega Millions jackpot starts at a staggering $40 million and has risen as high as $1,537 billion! The stories of the biggest Mega Millions winners have made headlines all over the world because the amounts offered by this American lotto game are through the roof.
As exciting as the jackpot is, there is much more to the Mega Millions than the first prize! There are 8 other amazing prize categories available in the game. The Mega Millions second prize is always $1 million, meaning every ticket holder has 2 chances to become a millionaire each draw. Better yet, the Megaplier increases all non-jackpot prizes by up to 5 times! Play with the Megaplier and you could turn a $1 million second prize can into $5 million!
The Mega Millions Jackpot
The Mega Millions jackpot has the largest starting amount in the US. With a first prize worth at least $40 million every single draw, there are no dull times for this lottery! With every rollover, the amount of the prize is increased. This assures a steady increase and after only a few rollovers, the Mega Millions jackpot can reach some very large amounts. This is how it has managed to pass the $1 billion threshold. On October 23rd, 2018, it has awarded a huge jackpot worth $1.537 billion, which is the second largest lottery prize in world history.
The Mega Millions Prize Categories
There are 9 prize categories in the Mega Millions lottery, including the jackpot. If there is only one winning ticket for the first prize, the winner collects the entire amount. If there is more than one winning ticket for the jackpot, then the winners will get equal shares of the prize. The rest of the secondary prizes in the Mega Millions are guaranteed at the full amount.
Even if you don’t match all the 5 winning numbers and the MegaBall, there are many more prizes you can win every single time. The second prize in the game is worth a full million, guaranteed. Those who play with the Megaplier can get even more because the multiplier can boost the second prize all the way up to $5 million. In the table below, you can see all the prize categories in the game:
|Prize Divisions||Match||Prize||Winning Odds|
|1st Prize||5+MB||Min. $40M||1:302,575,350|
The Odds of Winning Mega Millions Prizes
Mega Millions winning odds for the 9th prize category, matching the Mega Ball only, are 1:37. Of course, everyone really wants to win the jackpot, but that’s a little harder with the odds set at 1:302,575,350. Players looking to maximize their chance of winning can always play with an odds boosting Mega Millions syndicate. The important thing to remember is that there are no zeros on this page, that is, people win Mega Millions all the time! As long as you keep playing there’s no reason why you can’t win Mega Millions!
Are Mega Millions Prizes Taxed?
States and territories that offer Mega Millions have the right to tax lottery winnings on their own terms. As such, lottery taxes vary from one state to another. The US Federal Government also taxes Mega Millions winnings. Online lottery ticket messenger services are obligated to follow the tax laws of both the US Federal Government and the state in which they purchase tickets. Online players who live outside of the US may be subject to further taxation in their country of residence. In any case, lottery winners should hire a financial professional to help sort out issues like taxes.
Mega Millions prizes are amazing from top to bottom! No matter where you live, you can take a chance to win a life-changing Mega Millions prize by playing Mega Millions online with lottery messenger service theLotter! Good luck!