* The last day to redeem a winning MEGA MONEY ticket is December 28, 2014. *
The Florida Lottery will hold official MEGA MONEY™ drawings in which four out of 44 numbers and a MEGABALL® number between 1 and 22 will be drawn at random. There are eight ways to win MEGA MONEY prizes by matching the winning numbers drawn in the official drawing for the date played. Match all four numbers in any order plus the MEGABALL to win the jackpot or match any of the non-jackpot winning combinations to win other great cash prizes.
If no MEGA MONEY ticket matches all four winning numbers and the MEGABALL, the top prize pool rolls over to the next draw. When the MEGA MONEY jackpot reaches $2 million and there is no jackpot winner, the amount in the top prize pool in excess of the funds required for a $2 million annuity will roll down to increase the prize payouts on all of the lower-tier cash prizes. The rolldown prizes are estimated to be double the normal payouts.
Players may choose to receive their portion of the MEGA MONEY jackpot in a one-time Cash Option payment or in 20 annual payments. The Cash Option payment is the amount required on the day of the drawing (or if the drawing is held on a holiday, the business day prior to the drawing) to fund the applicable jackpot prize over 20 years, less applicable taxes. MEGA MONEY jackpot winners who want to receive a single Cash Option payment must claim their prizes within the first 60 days of the 180-day redemption period. Applicable federal income taxes will be withheld from both Cash Option and annual payments at the time payments are made. Read more about claiming Lottery prizes.
|Prize Level||Odds of Winning*||Est. Prize**||Est. Rolldown Prize****|
|Overall Odds: 1:12.58|
|1:32.68||Free Ticket||Free Ticket|
*Top prize odds are rounded to the nearest whole number.
**The advertised jackpot is the amount the Lottery will pay a single winner in 20 annual payments. The top prize pool increases with rollovers until it reaches $2 million. A Cash Option is available.
***The estimated prize payouts to each winner are based on estimated sales. MEGA MONEY is a pari-mutuel game. Actual prize amounts vary depending on sales and the number of winners in each prize category.
****When the MEGA MONEY jackpot reaches $2 million and there is no top prize winner, the amount in the top prize pool in excess of the funds required for a $2 million annuity will roll down and increase the payouts on the lower-tier cash prizes. On average, the rolled down prizes will increase to about double the normal prize amount.
Saturday, January 24, 2015
Wednesday, January 28, 2015