A very fortunate Michigan Lottery player has made history. The individual, who remains anonymous at this time, recently won the third largest lottery prize in history by winning the $1 billion prize for Mega Millions.
04-26-42-50-60 – and the Mega Ball of 24.
The winning ticket was purchased at Kroger grocery store, located at 47650 Grand River Avenue in Novi, Michigan. The player will have two options in redeeming the large prize.
Depending on their situation and time, they could choose an escalating annuity that offers the initial payment and then annual payments for another 29 years. The player could also choose to select a one-time cash payment option, which would equate to about $739 million.
So if a player decides to choose the cash option, they will get roughly $530 million after-tax withholdings. If they choose the annuity payments, they would steadily get more over time of the total but have to wait 30 years for it to play out.
Other than the jackpot, there were other large prizes won. There were ten additional winners across the US that won the $1 million prize and two winners that won the $2 million prize.
You will need to choose five white balls that range from one to 70. Next, choose one gold mega ball ranging from one to 25.
An extra dollar will allow you to add the multiplier option. This will increase your prize winnings by 2X, 3X, 4X, or 5X the amount won on your ticket.
You also can play this game online if you do not want to physically purchase the ticket in stores. You will have to have an active Michigan Lottery account that will allow you to make purchases online.
The overall odds of winning a single prize are one in 24. If you would like to increase these odds, the only option is to purchase an additional ticket to better your chances.
Each game will cost a minimum of $2, but it would be wise to keep an eye on your money and how much you have spent on lottery tickets. Remember, responsible gambling is the best way to gamble, no matter how many times you like playing your favorite games or add ons that you purchase.
Each prize will vary on how many numbers you match, and the jackpot increases over time. Michigan Lottery’s website will have further prize-winning matchups and amounts.