Affluent Savvy
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However, buying more tickets (per game) increases your chance of winning," said Wang. So, could you buy your way to a billon-dollar payout? Wang says no. Even if you could afford to buy the 303 million tickets needed to cover every possible number combination, Wang says the logistics make it nearly impossible.
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Read More »What do you consider a good luck charm? Is it carrying a rabbit's foot in your pocket? The fuzzy lucky dice hanging from your car's rearview mirror? Maybe it's wearing a pair of really old socks you refuse to wash to avoid removing their "power". Whatever your recipe for good luck is, you may want to have it ready for Friday night's drawing of the Mega Millions jackpot, currently sitting at an estimated $1.03 billion, the third time in Mega Millions history the jackpot surpassed the $1 billion mark. That means a potential cash payout of $602.5 million for one lucky winner. But winning won't come easy. And it requires a little more luck — and strategy — than your preferred talisman can offer. Professor of Statistics at Rutgers University-Camden Yuchung Wang says it's all a numbers game. "Two tickets (for the same drawing) will double your winning chance, say from 1/303 million to 2/303 million because each ticket has the same chance of winning," Wang explained.
Prior to Social Security, the main strategy for providing economic security to the elderly, in the face of the demographic changes discussed above,...
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Gold Gold. According to Feng Shui principles, the colour gold can help manifest good luck and it also plays an important role in attracting money....
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Learn More »“Seeing the jackpot build over a period of months and reaching the billion-dollar mark is truly breathtaking. We encourage customers to keep play in balance and enjoy the ride. Someone is going to win," said Pat McDonald, the current lead director of the Mega Millions Consortium. The estimated jackpot on Friday, July 29, is currently just shy of the $1.050 billion jackpot won in Michigan last year. The highest Mega Millions jackpot in its history was $1.537 billion, won in South Carolina in October of 2018. You can play the Mega Millions in 45 states plus the District of Columbia and the U.S. Virgin Islands. As for former winners, they don't stand any greater chance of cashing in on Friday night than you do. "Because the winning number has no memory, the winning chance has nothing to do with the history of playing the game. By design, all the games are independent from each other. One’s playing history won’t alter one’s chance of winning in this week," Wang said. More:Selena Gomez's new AC restaurant, and 9 more in South Jersey to discover If you win the jackpot, the Mega Millions annuity is paid out as one immediate payment followed by 29 annual payments. Each payment is 5% bigger than the one before. The cash option is one-time, lump-sum payment that is equal to all the cash in the Mega Millions jackpot prize pool. Of course, there's also taxes. A lump-sum winner will forfeit 24 percent — roughly $145 million — right off the top in federal taxes. And that's before Uncle Sam's Garden State cousin takes another cut.
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
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