Megabucks - Oregon Lottery
Megabucks is simple, and it pays well.
Where to Buy Lottery Tickets
The Oregon Lottery is run by the government of Oregon and began in 1985. In the beginning it only offered two games and Megabucks was one of them. Twenty five years later, Oregon's Megabucks game can now proudly boast that it has created over 223 millionaires to date!
Megabucks jackpots start at a guaranteed $1 million and is drawn every Monday, Wednesday and Saturday night. To win the jackpot, all you need to do is correctly select the six winning numbers from a set of 48. The odds of winning the Megabucks jackpot is 1 in 12,200,000.
In 2001, the Oregon Lottery began to draw the lottery numbers for the Megabuck games with a computer and a random number generator instead for the traditional ball machine drum.
Since the Oregon Lottery began, nearly $7 billion has been directed to thousands of projects and programs across Oregon supporting job creation and economic development, public schools, state parks and watershed enhancement.
Drawings for this lotto are held on Monday, Wednesday, Saturday.
How to Play
Playing Megabucks is extremely simple. All you need to do to win the jackpot is select the correct six numbers that are drawn from a set of 48. There are also prizes for matching between 5 and 3 of the winning numbers. You may also choose a Quick Pick where your six numbers are randomly generated by a computer. You get two sets of numbers for every $1 play.
Lottery age Limit
You have to be over the age of 18 to participate.
The following countries participate in Megabucks - Oregon Lottery: USA.
$101,206 US Dollar.
Players may add the Kicker multiplier option by paying an extra $1 for every $1 played on Megabucks. You win four times as much when you match four or five of the six numbers. Win $4 when you match three numbers.
It has been some time since the record Megabucks jackpot was hit. The record jackpot is $23 million which won on 31st July 1991.
Distribution of Revenue
The size of the Megabucks jackpot is determined by sales for that game. While the Megabucks jackpot starts at a guaranteed $1 million, actual sales for the initial jackpot amounts are only about $300,000 per draw. Therefore, Megabucks jackpot is increased by only $200,000 for each draw until the jackpot is fully funded.
Since the Oregon Lottery was established in 1984, nearly $7 billion in profits has been contributed to charitable causes in Oregon.
Would you like to learn more? Visit the following link for more details and information: oregonlottery.org.