MegaMillions Lottery News
07/29/2014

Only a few hours left to the next Mega Millions $77 Million draw

Only a few hours left for the next Mega Millions draw. The jackpot currently stands on $77 million USD. Should there be a winner the next jackpot would be downsized to its starting amount of $15,000,000 (and one very lucky winner who with a very fat bank account).. If no winner would be found, besides the thousands of non-jackpot winners the jackpot would roll-over. 

There are no rules as to how much the next jackpot would be should there be a roll-over however, statistics teach us that the bigger the jackpot the higher the roll-over sum. The logic which explains it is quite simple. The higher the jackpot, the more people purchase lottery tickets and more money accumulates for the next jackpot. This makes roll-overs jump from an average of $10 Million on jackpots of $100 Million or less to $30-$40-$50 Million when jackpots are higher than $100 Million.

Of course, along with the jackpot increase there is an increase in the number of players competing for the big jackpot, which decreases your winnings in case you hit the jackpot, as there are more chances it will be split between several players. There are viable strategies to play then. The first and most conventional would be to keep playing no matter what, and worst case scenario a 3 or 4 way split of $77 Million is still quite a substantial winning. The second strategy, that normally more advanced players use is to play when the jackpot is big enough, but not too big to.. in other words, around the $100 million mark. 

Basically, it does not matter which strategy you choose to play, the key to winning the lottery is to play. So, get your Mega Millions tickets now

Good luck!

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