Beginning with the Octodrawing, the second-tier prize (Match 5 + 0) is increased by 2, 3, 4 or 5 times when Megaplier is purchased. The annual payments grow larger to keep pace with the winner's expected cost of living. 2 Megaplier ® Prize Amount - Any non-grand/jackpot prize you win in a Mega Millions play will be multiplied by the Megaplier number drawn if you have purchased the Megaplier feature. The annuities are paid out in graduated amounts over 29 years (30 payments). The Powerball, Mega Millions and Lotto America Annuity Jackpot invests more money for a longer period of time. The difference between the CASH jackpot and the ANNUITY jackpot is the interest earnings that build over time. If a winner elects the annuity option, then the lottery will invest the entire cash amount before taxes are deducted. The Lottery also offers an ANNUITY jackpot option that can help reduce taxes and offers the winner a 100% guaranteed income stream over time. If a player chooses the cash option, then the lottery will pay entire cash amount to the winner (less income tax withholding amounts required by Federal and State laws).
Q: Can I purchase Mega Millions tickets in advance A: To play multiple upcoming draws, request from 2 to 20 Multi Draws either on the playslip or through the retailer. The Megaplier option costs an additional 1 per play. The cash jackpot is all the money that the lottery has on hand from the sale of tickets in the game. Q: How much do Mega Millions tickets cost A: Mega Millions tickets cost 2 per play. A fixed percentage of every Mega Millions, Lotto America and Powerball ticket sold goes into each CASH jackpot.
