
๐๏ธ Mega Millions Drawing Summary (Nov 4)
| Category | Detail |
| Winning Numbers | 11, 14, 17, 50, 57 (White Balls); 6 (Mega Ball) |
| Result | No one won the jackpot. |
| Next Drawing | Friday, Nov 7 (Estimated Jackpot: $800 million) |
| Ticket Cost | $5 per play. |
| The Multiplier | The former Megaplier is now a built-in multiplier (2x to 10x) that is automatically and randomly assigned to increase non-jackpot prizes. |
| Jackpot Payouts | Winner chooses between an annuity (30 payments, increasing 5% annually) or a cash option (lump-sum payment of the cash in the prize pool). |
๐ข Calculating the Odds: How do mathematicians arrive at that enormous number, 290,472,336? (Focus on Combinatorics and Probability).
๐ธ Annuity vs. Cash: What are the financial and tax-related trade-offs a winner faces when choosing between the two payment options? (Focus on Time Value of Money).
๐ Expected Value: From a statistical perspective, what does “Expected Value” mean for a lottery player, and how does the built-in multiplier affect it? (Focus on Statistics and Payout Structure).