The game of Mega Millions has remained largely unchanged since 2005. Players are to choose 5 numbers out of a matrix containing 56 numbers. These are the white balls. Then players are to choose a secondary number out of a matrix containing 46 numbers. This is a gold ball and it is called the Mega Ball. The Mega Ball number is drawn separately and it is completely separate from the white balls. For example, it cannot complete an incomplete sequence of white balls. Each play on a ticket costs $1 US dollar.

One of the nicer features of the Mega Millions lottery is the Megaplier option. It is very similar to the Power Play found in Powerball. Both games share DNA, thus there are several similarities. The way the Megaplier works is that the wager is doubled, which means that each play is $2 US dollars. The way the Megaplier works is that there is a random number generator on board, which selects the amount to multiply the prize by.

The chances or winning the Mega Millions lottery can be broken down like this:

Prize Combination Prize Odds
Jackpot 5+1 Jackpot 1:175,711,536
First 5+0 $250,000 1:3,904,701
Second 4+1 $10,000 1:689,065
Third 4+0 $150 1:15,313
Fourth 3+1 $150 1:13,781
Fifth 2+1 $10 1:844
Sixth 3+0 $7 1:306
Seventh 1+1 $3 1:141
Eighth 1 $2 1:74.8

The drawing is always held in Atlanta, Georgia. This does not mean, however that winners must be Georgia residents. Winners have 180 days to claim their prize. Jackpot winners have up to 60 days to make their claim. Age laws apply, and a good rule of thumb is that most players must be over age 18, although depending on where the ticket is bought they minimum age might be 21.

Because Mega Millions is held in the United States, a federal tax does apply, which can amount to approximately 25%. US residents may also be liable for state or city taxes, so consulting with an accountant is advisable.