How exactly are Mega Millions jackpots calculated

Written by Sandy Amaze | 12-22-2022

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Get the inside scoop on how Mega Millions jackpots are calculated and increase your chances of becoming a millionaire.

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The lottery is a huge business that generates billions of dollars in revenue every year.

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The starting jackpot for Mega Millions is set at $40 million.

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If there are multiple winners on any given day, then their prizes will be combined into one mega-prize pool.

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Winning the Mega Millions jackpot is not as easy as matching all of the numbers correctly.

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It's actually quite complicated to calculate the odds of winning.

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Your chances of winning depend on how many tickets were sold and where they were sold.

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If someone else matched all three numbers on their ticket with yours and they bought ticket earlier than you, you lose!

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This is called “the rule of three” and it's one of the most common misconceptions about Mega Millions betting. 

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