$800,000,000 Rollover: Mega Millions Jackpot Still Up for Grabs After No Winner on Tuesday.

The word jackpot spelled out in scrabble letters ยท Free Stock Photo

๐ŸŽŸ๏ธ Mega Millions Drawing Summary (Nov 4)

CategoryDetail
Winning Numbers11, 14, 17, 50, 57 (White Balls); 6 (Mega Ball)
ResultNo one won the jackpot.
Next DrawingFriday, Nov 7 (Estimated Jackpot: $800 million)
Ticket Cost$5 per play.
The MultiplierThe former Megaplier is now a built-in multiplier (2x to 10x) that is automatically and randomly assigned to increase non-jackpot prizes.
Jackpot PayoutsWinner chooses between an annuity (30 payments, increasing 5% annually) or a cash option (lump-sum payment of the cash in the prize pool).

๐Ÿ”ข Calculating the Odds: How do mathematicians arrive at that enormous number, 290,472,336? (Focus on Combinatorics and Probability).

๐Ÿ’ธ 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).

๐Ÿ“ˆ 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).

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