# What is the expected value of a \$2 mega million lottery ticket?

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## What is the expected value of a Mega Millions ticket?

Typically, with an average-sized jackpot, the “expected value” of a Mega Millions ticket is about a quarter; it’s 32 cents for Powerball. Expected value is a financial concept that projects what something is worth based on the probability of certain predictable outcomes.

## Do you win money if you have 1 number in Mega Millions?

If you’re watching the Mega Millions drawing tonight, you may find that you matched only one number that was drawn. … Unfortunately, if you only matched one white number on the Mega Millions drawing, you did NOT win any money. If the only number matched was the yellow Mega Ball number itself, then you’ll win \$2.

## What if u get the Mega Ball only?

What happens if you match the Mega Ball only? If you match only the Mega Ball (and don’t match any of the 5 regular numbers), you win a \$2 prize and break even on the \$2 cost of your Mega Millions ticket.