What Can I Win?

The Mega Millions Lottery Tickets, Megamillions, Megamillion, Mega Million, Powerball Lottery Tickets, Powerball Tickets and Powerball Online jackpot usually starts at about $1.0 million annuity value and increases after each drawing when no ticket matches all 6 numbers drawn. The amount the jackpot increases depends upon the amount of sales between drawings.  Upon presentation of a 6 of 6 winning ticket at the Lottery offices, Jackpot winners have the option of choosing Cash Value, which equals 50% of the annuity value and is paid in one lump sum, or the Annuity option which is paid in 25 annual installments. The first annuity payment is 2.5% of the jackpot share. Following payments increase 3.7% each year until the entire amount is paid.