MegabucksMegabucks for the Brave
|Drawing Days:||Monday, Wednesday & Saturday|
|Number of States:||4|
|Price per Line:||$2|
|Game Principle:||5 numbers, between 1-41|
|Chances:||1 in 15|
|For Jackpot:||1 in 4,496,388|
Do you want to win a megabuck lottery with just a $1 ticket? Ticket of massive opportunity, for just two dollars! The Megabucks history has created over 240 millionaires and recently produced half of Oregon top ten highest-dollar winners of Megabucks game. Tickets are $1 per play. The Megabucks is a lottery played in Oregon Wisconsin, Vermont and Maine, on days scheduled for each state. Megabuck is the draw game that boasts a $1 million starting jackpot that grows until someone wins it! Win the jackpot by matching all six winning numbers drawn. With three draws per week, every Monday, Wednesday and Saturday at 7:29 PM PT in Oregon, there are plenty of chances to win. On drawing days, there is a draw break from 7:29-7:30 PM when you cannot purchase or validate tickets.
Important Facts of Megabucks
- Megabucks estimated Jackpot amount is uncapped
- It’s played in Oregon, Wisconsin, Vermont and Maine
- Jackpot starts at $1 million
- The draw is held three times a week
Megabucks Explained; How to play and Win
Megabucks lottery is easy and straight forward to play, for just $1, you'll get two sets of numbers ($0.50 per game). You can play up to a maximum of ten games for $5. Another option is Jackpot Trio in Oregon, a fast way to buy tickets for all three jackpot games and get your chance to win the largest Oregon Lottery prizes. For $5, you'll receive a Quick Pick ticket each for Mega Millions ($2 value), Powerball ($2 value), and Megabucks ($1 value).
Each Megabucks play slip contains 10 game boards with letters A through J. For each game you want to play, choose six different numbers from a total of 48 on the game board. You can also ask the retailer for a Quick Pick to have your numbers randomly generated by the terminal.
You can also add the Kicker multiplier option, which offers the chance at bigger prizes if you match three of six, four of six, or five of six winning numbers. If you match four or five numbers, you win four times as much. Match three numbers and you'll win $4. Kicker costs an extra $1 for every $1 Megabucks play.
If you'd like to play your lucky numbers in future games, you can save yourself the extra trips by purchasing consecutive drawings. If you buy 26 consecutive drawings, you'll get a discounted price of $25. Using a game slip, you can play your numbers future draws up to 26 times. At a lottery terminal, you can play one through 24 or one through 26 advance games.
Below are simple step by step outline of how you can play Megabucks Lottery:
- Pick up a Megabucks play slip at your favorite Lottery Retailer near you at $1 per play. Purchase your tickets by the cut-off time in your state or online.
- Choose your numbers on a play slip or let the lottery terminal randomly pick your numbers.
- Choose whether to play the Kicker multiplier for an additional $1. Offering the chance to multiply non-jackpot prizes.
- You can purchase consecutive drawings
- Watch the Megabucks drawing on your local television station or check lottery sites the following day to see if got the lucky winning Megabucks number.
Megabucks Drawing Days/Time
Megabucks draws consists of three draws per week which are conducted on Monday, Wednesday and Saturday in Oregon, Wednesday and Saturday in Maine, Vermont and Wisconsin.
Winning Options for Mega Millions
The jackpot starts at $1 million and grows until it's won, with the prize fund increasing after each draw without a top prize winner. There is no upper limit set for the Megabucks Estimated jackpot.
For a top prize to be won, a Megabucks lottery player must match all six numbers. You can choose to receive your prize as an annuity paid out in equal instalments over 30 years, or receive half the advertised value as a single lump sum.
Below is a breakdown of the Megabucks cash options available to Megabucks players.
|Correct Numbers Matched||Prize Amount in $||Kicker option|
|6||Jackpot* (minimum $1,000,000)||Not Available|
|5||Pari-mutuel** est. $800||X4|
|4||Pari-mutuel** est. $40||X4|
|3||Free Quick Pick ticket||$4|
Megabucks Plus (previously Tri-State Megabucks) costs just $2 per game and offers participants the chance to win some incredible sums of money. All you need to do is pick five main numbers from 1 to 41 and a Megaball number from 1 to 6. Below is an Outline of Megabucks Plus winning options
|Correct Numbers Matched||Cash Prize in $|
|Match 5 + Megaball||Jackpot (starts at $1 million*)|
|Match 4 + Megaball||$1,300|
|Match 3 + Megaball||$25|
|Match 2 + Megaball||$5|
|Match 1 + Megaball||$2|
Megabucks Winning Odds
For each Megabucks prize, there are varying odds of matching the winning draw. The Megabucks odds are outlined in the table below. Obviously, the odd of winning the ultimate Jackpot which is matching correctly the six jackpot numbers will be the highest.
|Correct Numbers Matched||Winning Odds|
|6||1 in 6,135,756|
|5||1 in 24,348.49|
|4||1 in 475.34|
|3||1 in 26.98|
Megabucks plus Winning odds
|Correct Numbers Matched||Megabucks Plus Winning Odds|
|Match 5 + Megaball||1 in 4,496,388|
|Match 5||1 in 899,278|
|Match 4 + Megaball||1 in 24,980|
|Match 4||1 in 4,996|
|Match 3 + Megaball||1 in 714|
|Match 3||1 in 143|
|Match 2 + Megaball||1 in 63|
|Match 2||1 in 13|
|Match 1 + Megaball||1 in 15|
Claim period is always indicated on your ticket. Look on your ticket for the claiming period. Period of claiming your megabucks cash payout usually varies from 180 – 365 days in different states
Jackpot winners can receive their prize as either lump cash or annuity payment. To claim lump cash, the winner has to claim their prize within 60 days of results otherwise they will have to take their prize as an annuity. A player has 60 days from the date they claim their prize to choose the "cash" option or the "annuity" option. If the player selects the "cash" option, the prize will be a single cash payment equal to the amount available to the lottery for the jackpot prize pool. The "cash" prize is estimated to be approximately one-half of the estimated jackpots, depending on current interest rates. If the player chooses an annuity, it will be paid over 29 years, and the annual payment will be increased by a rate as determined by lottery officials.
The steps needed to claim your cash prize are outlined below
- Sign the ticket straightaway and complete the information on the back of the ticket.
- Simply present your winning ticket to your favorite lottery retailer or mail the signed/completed ticket to the lottery office of the State.
- A player may also download and print a Prize Claim Form from State Lottery website or pick up a form from a lottery retailer, complete and sign the form, and send it along with the signed winning ticket to the Lottery Office of their respective State
- Include a copy of your ID along with the Prize Claim Form and winning ticket.
- Mailing of tickets is at owner risk and so registered mail is highly recommended.
Tax on Megabucks Payout
US Federal Law necessitates the Lottery to report winnings of $600 or more to the IRS and withhold 25 percent of any claim of more than $5,000. All the States Law has their deductions percentage of winnings. But with winnings of $500, you just might be tax free. All prizes over $599 are subject to taxes and other offsets required by law. Do well to know about your home state tax applicable laws. A save route is to contact the IRS to get concrete information regarding tax winnings. Any winnings you receive from Megabucks will be subject to federal income taxes, as well as any applicable state income taxes.
Megabucks Ticket Cost
The cost of a Megabucks ticket is $1 per line with additional $1 for the Kicker option.
Available Megabucks Operator/States
Megabucks ticket is available in Oregon, Wisconsin, Vermont and Maine. Purchasing Megabucks ticket over the internet is not advisable or possible. Prizes might not be paid if a ticket was purchased online. Check our sports betting comparison page to get concrete information on licensed lottery operators for Megabucks lotteries.
So quickly go to the nearest licensed Lottery retailer near you and purchase your tickets to be part of the Megabucks lottery jackpot winners.