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Mega Millions – home of the record payouts
Mega Millions is one of America’s multi-state events that regularly produces giant-sized payouts. Like many other events, Mega Millions has undergone changes both to the brand and the format over the years. Previously known as the The Big Game and then the Big Game Mega Millions, it finally changed to its current name Mega Millions in 2002. The minimum tier 1 payout is $40 million*(ZAR equivalent), and each time it is won is paid in 30 yearly instalments, increasing by 5% each year. Mega Millions is most renowned for the largest*(ZAR equivalent) jackpot win ever, a staggering $1.5 billion was claimed on 23 October 2018.Can I participate in the Mega Millions?
Only residents in the USA are permitted to play the official Mega Millions event. At Lottoland you can place a fixed odds bet and predict the winning numbers to stand a chance to win the equivalent payout in line with the advertised prize money of the underlying event.What is the format of the Mega Millions event?
Mega Millions changed its format in October 2017 and is now 5 from 70 white numbered balls, and 1 “Gold Ball” from a range of 1 – 25. There is one further ball drawn from a range of 1 to 5 and this is known as the Megaplier. The Megaplier is an extra feature that if bought will multiply your winnings by the number drawn out, and is applicable to all the prize tiers except the tier 1 prize.What are my potential Mega Millions winnings?
The Mega Millions tier 1 payout has no limits either for the size of the pot or the number of times it can rollover. The change in format of the Mega Millions game means it is even more difficult to land the tier 1 paout as there is a 1 in 302,575,350 chance of claiming it. The previous version had odds of 1:258,890,850 of winning the main prize. The second prize tier of $1 million*(ZAR equivalent) is awarded for matching 5 main numbers, and if the Megaplier drawn is number 5, then you will receive $5 million if you added this feature. *Lottoland South Africa will payout the Rand equivalent of the Euro exchange rate at the time of the payout.
What are the Mega Millions prize tiers?
The Mega Millions is a 5 from 70 and 1 from 25 lottery. The more numbers you match with those drawn, the higher the prize category that you qualify for.
You can win the tier 1 paout, Prize Category 1, by matching all of the draw numbers i.e. 5 of the balls drawn from 70 plus the Megaball out of 25.
The total prize money is divided into 9 tiers.
The table below is indicative and South African players will be paid in ZAR
| Prize tier | Average individual prize |
|---|---|
| 1 (5 main numbers+ Megaball) | $49,530,000.00* |
| 2 (5 main numbers) | $1,000,000.00 |
| 3 (4 main numbers + Megaball) | $10,000.00 |
| 4 (4 main numbers) | $500.00 |
| 5 (3 main numbers+ Megaball) | $200.00 |
| 6 (3 main numbers) | $10.00 |
| 7 (2 main numbers + Megaball) | $10.00 |
| 8 (1 main number + Megaball) | $4.00 |
| 9 (Megaball) | $2.00 |
How do I place a MegaMillions bet?
The MegaMillions bet has 6 fields available for you to fill in. A single line requires 5 main numbers picked from a range 1 – 70, and 1 MegaBall out of 25. Each field tells you how many more numbers are required to complete a single line. At Lottoland if you decide to select more than 5 main numbers, then your selections will automatically be combined to enter all the possible different lines in the event, and this is known as a Combo bet. A single line costs just R70.00 and a Mini Bet costs just R7.50 (Note that Lottoland can at its own discretion decide to increase the price of the single line and mini bet if the underlying draw payout reaches US$1 Billion. After reaching US$1 Billion a single line bet will cost R80.00 and a Mini bet will be R12.00). You can also choose to add a feature called MegaPlier that boosts your winnings in all prize categories except the tier 1 payout.What is the MegaPlier?
The MegaPlier is a bonus feature that boosts your winnings in all prize tiers except the tier 1 payout. The MegaPlier is drawn from 5 numbers and depending on which number will determine how much your prize is multiplied by. For example if you won prize category 2 of $1 million*(ZAR equivalent) and the MegaPlier was number 5, you would end up with $5 million*(ZAR equivalent). *Lottoland South Africa will payout the Rand equivalent of the Euro exchange rate at the time of the payout
When are the Mega Millions winning numbers drawn?
The MegaMillions draws take place every Tuesday and Friday night at 23:00* ET in the US, which is on Wednesday & Saturday at 5:00AM SAST *(Keeping in mind the time difference from summer to winter times and vice versa).How do I get my MegaMillions winnings?
When you play MegaMillions online at Lottoland, you don’t have to worry about claiming your prize or where your money goes. You will be notified by email of any winnings, and the money will be returned to your Player Account so you can choose to play on for that dream win, or withdraw to your bank account.What are the differences between the Mega Millions and Powerbal events?
Mega Millions and Powerball are very similar in terms of format; for Mega Millions you choose 5 numbers out of a range of 1 to 70 plus 1 Megaball out of 25, while the Powerball is also 5 numbers but from 1 to 59 and an additional “Powerball” is drawn from 1 to 35. The respective odds of winning the tier 1 payout are as follows: Powerball: 1 in 175,223,509 Mega Millions: 1 in 302,575,350 Both events have an additional feature called the Megaplier and Power Play, however whilst the Megaplier multiplies winnings by a number drawn (aside from the main prize), Power Play has a fixed bonus for each prize category except the tier 1 prize. Currently PowerBall holds the world record for the largest jackpot payout of $1,586 billion on January 13th 2016, however MegaMillions is not that far behind with $1,537 billion claimed on October 23rd 2018. Mega Millions and Powerball jackpots are both paid out over 30 year increasing annuity payments or discounted lump sum.Is the payout guaranteed? How do I know?
At Lottoland we can guarantee you will be paid out on your winnings.Lottoland South Africa will pay-out winnings in line with the pay-out tables published by each individual operator for every single event. Our aim is to put the player in the same economic positions that they would have been , if they participated in the actual event and won any of the prize tiers or pay-out divisions . Please refer to our terms and conditions for more details on pay-out rules.
For smaller prize tier payments we make the payment directly from the fund we have from the total stakes collected.
In order for us to make the larger prize tier payments we take out insurance policies to cover the eventuality of a maximum payout win.
We are registered with and regulated by the Western Cape Racing and Gambling Board, under bookmaker license number 10185706-001 In order for us to retain these licences we have to prove that we are able to make the required payouts to our players should they win and that we have the correct procedures in place to guarantee this.
