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$476 MILLION Mega Millions Lottery !!! Record-Breaking Jackpot !!!

I would be happy to share this with 238 million people.....


Mega Millions reaches record $476 million jackpot

It's almost unimaginable. No one picked the six correct numbers in the latest multi-state Mega Millions lottery game, sending the jackpot to a record $476 million for the Friday drawing.

Tuesday night's jackpot was $363 million, fed by weeks of drawings without a top winner. The previous record jackpot in the Mega Millions game was $390 million in 2007, split by two winners in New Jersey and Georgia.

In Tuesday night's game, 47 players came very close, matching 5 of the 6 winning numbers. Each of those tickets is worth at least $250,000.

Mega Millions is played in more than 40 states, the District of Columbia and the U.S. Virgin Islands.

The winning numbers Tuesday night were: Nine, 19, 34, 44 and 51. The Mega Ball was 24.
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not a fan of these massive lottery jackpots..

id rather see more people win a few million than 1 person scoop 500 mill..no one needs that kinda money..should spread the wealth more

that just my humble opinion anyway
 
To win that amount would destroy a person or even persons... to go from living on buttons and becoming a multi millionaire..if I won that amount I'd give the majority away and keep a about 10 mil, but I rarely do the lotto and I can't do the American one:p
 
immortality said:
To win that amount would destroy a person or even persons... to go from living on buttons and becoming a multi millionaire..if I won that amount I'd give the majority away and keep a about 10 mil, but I rarely do the lotto and I can't do the American one:p
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I have not played this in a long time but think I will on Friday. If I win I will send some your way:D Do you have any lucky numbers?:p
 
sattty said:
not a fan of these massive lottery jackpots..

id rather see more people win a few million than 1 person scoop 500 mill..no one needs that kinda money..should spread the wealth more

that just my humble opinion anyway
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I agree. I have always thought that the lottery would sell much more if more people had a chance at dividing it. For every 2 million dollars, a number is drawn, so for this one, there could be close to 250 winning ticket numbers. Odds would be so much better and it would be so much nicer to have more millionaires vs giving 1/3rd back to taxes alone....

Got my winning ticket purchased!

.
 
harrys99 said:
I have not played this in a long time but think I will on Friday. If I win I will send some your way:D Do you have any lucky numbers?:p
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10 is my luckiest number, I was born on the 10th month at 10 past 8 and I weighed 7 pounds 10 ounces....

my other lucky numbers are 7 8 48 22 and 9 Good luck Beth :thumbsup:

btw, my local club lotto last year my nums were 7 8 10 22...they came out twice, both times I never done the lotto :( jackpot for it was over £4000 both times, I guess it just wasn't meant to be :rolleyes:

My uncle had the full 6 lotto numbers marked on a ticket one time (English National lotto) the jackpot was at 42mil, he was in a queue at the till and noticed he marked down the wrong num (he does the same nums each week) he threw the ticket away and done his usual....the numbers that he threw away would have won him the jackpot, he got over £2k for the 5 he had done:eek2:
 
Guess that means we didn't win last night's drawing. Bummer. :cool:

Yet another one of the eee-villes not found in our beloved (sanctimonious) state... the lottery. So we haul our butts over the state line to Georgia every month and buy about 5 weeks of draws. LOL
 
immortality said:
10 is my luckiest number, I was born on the 10th month at 10 past 8 and I weighed 7 pounds 10 ounces....

my other lucky numbers are 7 8 48 22 and 9 Good luck Beth :thumbsup:

btw, my local club lotto last year my nums were 7 8 10 22...they came out twice, both times I never done the lotto :( jackpot for it was over £4000 both times, I guess it just wasn't meant to be :rolleyes:

My uncle had the full 6 lotto numbers marked on a ticket one time (English National lotto) the jackpot was at 42mil, he was in a queue at the till and noticed he marked down the wrong num (he does the same nums each week) he threw the ticket away and done his usual....the numbers that he threw away would have won him the jackpot, he got over £2k for the 5 he had done:eek2:
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Can't believe that happened to your Uncle. I was doing some reading about picking numbers and they say not to let the machine pick your numbers and to play the same nums as you said your Uncle does.

thanks for the input:)
 
Was just watching the news on this subject. The divorce rate for large lottery winners is 69% and a lot of them (didn't get the %) end up bankrupt within 10 years. Like others have said-would be better to have hundreds of winners intead of one.
 
shaggy5500 said:
I say why not have 500 draws for $1 million each and change the lives of 500 families instead of making someone so rich they won't know what to do with the money!
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It wouldn't work because we are too stupid:p
The higher the sum the more it attracts the buyer. If they believed they would sell more tickets by doing what you said, they would...but they don't so...The winner takes it all;)
 
I bought just $5 of Mega, today...tomorrow?..maybe another $5...but Friday morning?...pay day?...maybe another $5. lol

I buy my tickets in large towns because that is where I am.....but the usual winners tend to buy them in some unknown town with a population of 100 peeps..it seems.

I just HOPE that it goes to well deserving person or persons and that know me. :)...OH and like me very much.:)
 
Me and my brother talked a lot over the years about winning millions and what to do with it. One thing we know is that winning that amount of money will take air and purpose out of what your pursuit in life is. You always try to make money in what you do but when sudden windfall comes, it takes a bit of the meaning out of it. It's like when rock stars win the big music awards but then feel like, "Is that all there is?" Love, peace and joy doesn't necessarily come from having a lot of money. But I certainly like to be in position to help many people who need it most.:)
 
If Iwin then my husband and I will divide it three ways: One third his, one third mine and one third ours. He can do whatever he wants with his, I can do whatever I want with mine and the 'our' money has to be a joint decision.

I will want to firstly, help my family out, my co-workers ( we are having big probs being self -employed drivers) friends...etc..

Charity is a MUST. I will give to my causes Asthma and Diabetes.

Animal shelters.

St. Lukes Hospital...they saved my husband's life.

Once a week or so...anonymously give to people that I see that are struggling..people that I do not know but hear about....and watch them smile, from afar.

Get out of debt!! lol.
 
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Well, as I'm not a US citizen I can't buy into this lottery (lol). I've always wondered though how it works in the US, as in how much of the total money do the winners get? You guys are taxed on lottery winnings aren't you? and isn't there something about taking a lump sum or amounts over a certain number of years? Gotta admit 500 million seems insane to me.

Here in NZ the lotto is up to a measly 25 million but the winner takes all with no taxes taken off it and it's immediately given in a lump sum. There is a rule here that the maximum it can get up to is 30 million. If no one wins it then, it is spread between second division winners. Saying that, there is a whole lot less people in NZ than the states. Our whole population would rate as one US city's population (lol). Personally if I won such an amount, after giving some to family members, buying a nice house, putting some away for retirement down the track, I'd like to set up a charitable fund. The interest of which each year is given to various charities. I figure even if I give up work (as would be able to afford this), running the charity would provide me with a job which I think would be kinda cool and satisfying.
 
My office does the "pool" thing. it's interesting at who puts in and who doesn't. Out of over 100 people in the office, there is one woman who won't put in a buck. Can you imagine if my office ever hit?

I would surely take care of those close to me.

It's always nice to dream........

Hey, ya never know.........
 
In the last 25 drawings the megaball number has been

under #10-7 times 3-3-4-5-7-8-9

#11 to #20-4 times 11-19-20-20

#21 to #30-6 times 23-23-24-27-27-30

#31 to #40-6 times 31-33-34-35-36-37

#41 to #46-2 times 44-46

Not planning on buying a lot of tickets, but trying to figure out my megaball numbers. (Wish I had more statistics) Have already chosen #10 on one ticket for Immortality:D

Wonder what the chances of 3-20-23 coming up again since they are the only ones that have repeated?
 
harrys99 said:
In the last 25 drawings the megaball number has been

under #10-7 times 3-3-4-5-7-8-9

#11 to #20-4 times 11-19-20-20

#21 to #30-6 times 23-23-24-27-27-30

#31 to #40-6 times 31-33-34-35-36-37

#41 to #46-2 times 44-46

Not planning on buying a lot of tickets, but trying to figure out my megaball numbers. (Wish I had more statistics) Have already chosen #10 on one ticket for Immortality:D

Wonder what the chances of 3-20-23-27 coming up again since they are the only ones that have repeated?
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missed #27
 
sattty said:
not a fan of these massive lottery jackpots..

id rather see more people win a few million than 1 person scoop 500 mill..no one needs that kinda money..should spread the wealth more

that just my humble opinion anyway
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Couldn't agree more.

Here's something you should all consider:

1. Wasted life "Whittaker chose the cash payment option receiving a check after taxes for about US$113.4 million. Little did Whittaker know, the devastation that ticket would cause on his life. "

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2. Loterry related murders "A Florida woman has been arrested in connection with the death of a lottery millionaire, whose body was found buried under recently added concrete at a home, authorities said."

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3. Social/drug/alcohol abuse

"Her life has lurched from one drama to another since she landed a £2million Lottery jackpot aged just 16."

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4. Suicides / Lack of purpose in life (this one is most common ... :(:()

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----
Almost all lottery winners end up having mugshots taken, even if they were good fathers or husbands/ sucessful businesspersons etc.

You still want to be a lottery winner and be drawn into world of darkness? Suit yourself ... I'm happy with my life. And I wish all of you well...therefore I hope u won't get that half billion...:(
 
taysh075 said:
Well, as I'm not a US citizen I can't buy into this lottery (lol). I've always wondered though how it works in the US, as in how much of the total money do the winners get? You guys are taxed on lottery winnings aren't you? and isn't there something about taking a lump sum or amounts over a certain number of years? Gotta admit 500 million seems insane to me.

Here in NZ the lotto is up to a measly 25 million but the winner takes all with no taxes taken off it and it's immediately given in a lump sum. There is a rule here that the maximum it can get up to is 30 million. If no one wins it then, it is spread between second division winners. Saying that, there is a whole lot less people in NZ than the states. Our whole population would rate as one US city's population (lol). Personally if I won such an amount, after giving some to family members, buying a nice house, putting some away for retirement down the track, I'd like to set up a charitable fund. The interest of which each year is given to various charities. I figure even if I give up work (as would be able to afford this), running the charity would provide me with a job which I think would be kinda cool and satisfying.
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Who can play-
Anybody can buy a lottery ticket regardless of residency or citizenship, except certain people who work for the lottery. Note that a convicted sex offender won during the past five years or so in Michigan.​

Happiness-
​
99% of the people who win lotteries are happy as clams. The exceptions make the news. Studies show this to be the case.​

Big prizes-
The comments about smaller prizes rather than one large paymetn are interesting, but the lotteries in the US have tried this before and ticket sales declined. People want big prizes.​

Payouts-
If you choose the lump sum payout, and depending on the state you live in, the net after tax amount is between 40% & 45% of the advertised prize amount. Variances occur because the lump sum payment is equal to what they would have to pay for annuity and this fluctuates depending on interest rates.

They only take 25% in Federal income taxes when they give you a check and then you have to pay another 10% when you file you tax return.

If you take the annuity, you get the prize amount divided by 26 (number of years you receive payments). The annuity payment each year is then subject to a 35% Federal tax and whatever state tax you owe depending on the state of residency. Note that the annuity payment may get adjusted for an inflation factor if you win Power Ball, I don't know for Mega Millions.​
 
That's interesting - I always thought that non-US residents were not allowed to participate.

I seem to recall that the UK national lottery has restrictions on who can buy tickets, but I can't recall the detail - perhaps one of our UK members knows the answer?

I wonder whether anyone hit this massive jackpot last night?
 
Never mind - got it:

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Updated at 1:56 a.m. ET: The Associated Press is reporting that Maryland lottery officials have announced early Saturday their state sold what could become the world's largest lottery payout of all-time, but it was unclear if that ticket holder would get sole possession of the $640 million jackpot.

Carole Everett, director of communications for the Maryland Lottery, told the AP the winning Mega Millions ticket was purchased at a Baltimore County store. She said it's too early to know any other information about the lucky ticket-holder or whether others were sold elsewhere in the nation.

The winning numbers for the Mega Millions prize were 46, 23, 38, 4, 2; mega ball was 23, lottery officials said late Friday.
 
Here's a little more detail from Associated Press - note the amount of money spent on tickets!

CHICAGO (AP) -- Maryland lottery officials announced early Saturday that their state sold what could become the world's largest lottery payout of all-time, but it wasn't immediately clear if that ticket holder would get sole possession of the $640 million jackpot or have to split it with other winners.

Carole Everett, director of communications for the Maryland Lottery, said the winning Mega Millions ticket was purchased at a retailer in Baltimore County. She said it's too early to know any other information about the lucky ticket holder or whether others were sold elsewhere in the nation.

The winning numbers were 02-04-23-38-46, and the Mega Ball 23.

National lottery officials were expecting to list early Saturday on their website how many winning tickets were sold and from what states, but Maryland sent out its news release and called media organizations hours before the scheduled announcement. The headline of its news release said the winning sale was "one of several nationwide," but Everett told The Associated Press she couldn't immediately confirm any others.

Everett said the last time a ticket from the state won a major national jackpot was 2008 when a ticket sold for $24 million.

"We're thrilled," she said. "We're due and excited."

The estimated jackpot dwarfs the previous $390 million record, which was split in 2007 by two winners who bought tickets in Georgia and New Jersey.

Americans spent nearly $1.5 billion for a chance to hit the jackpot, which amounts to a $462 million lump sun and around $347 million after federal tax withholding. With the jackpot odds at 1 in 176 million, it would cost $176 million to buy up every combination. Under that scenario, the strategy would win $171 million less if your state also withholds taxes.
 
About time someone looked at these lotteries IMO. That could ruin or even end someone's life and why the hell would anyone want that much money anyway? What do you do with it? Hopefully a bunch of charities will also see some benefit but wouldn't it be a more sensible approach to offer 640 prizes of a much more manageable $1million? I would have thought they'd raise just as much if you knew you had so many more chances to win.
 
Perhaps it's just a greed instinct - as Gret commented earlier in this thread, various surveys have shown that the bigger the prize, the more tickets are sold to players who are motivated to pile in more than is the case with a greater number of smaller prizes.

I do agree that a bigger spread giving more opportunities to win would be a more logical approach, but apparently the studies don't lie, and the lotteries love to get in as much money as possible.

In fairness, most lotteries do a lot of great work through charity and sport donations.
 

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