The cash award in the Mega Millions game is $2 if a player simply correctly picks the Mega Ball number. Depending on how many numbers are matched, the prize for matching both the Mega Ball number and additional numbers rises. By matching every single number, players can take home the Mega Millions jackpot.
Purchase a $2 ticket and choose six numbers from two different number pools to play Mega Millions. Choose one number between 1 and 25 and five numbers between 1 and 70. The Mega Ball number is any number between 1 and 25.
In Mega Millions, there are nine different reward tiers. When all six numbers are selected, the biggest prize, known as the jackpot, is won. Jackpots range in size and begin at $40 million.
The second-largest award is $1,000,000 in value. Matching all five numbers, excluding the Mega Ball number, will win you this. $10,000 is earned by matching four numbers and the Mega Ball number. As the player matches fewer numbers, the payouts increase; the lowest prize is $2 obtained by matching only the Mega Ball number.
When a player wins the jackpot, they can choose to either get the money in one single sum or over the course of 30 years. Each year, these payments are raised by 5% to account for inflation.
A winner must sign the back of the winning ticket and present it to a lottery sales representative for verification and validation in order to collect their prize. The player must additionally submit a claim to the state lottery commission for winnings worth more than $599.
The state where the ticket was purchased is required to validate the ticket. States have different grace periods for claiming prize money, which can range from 90 days to a year.