Michigan Is Buying THOUSANDS Of Mega Millions Tickets Per Hour
Mega Millions mania has taken over pretty much everybody. Especially Michigan. With no winners for Tuesday night, the new Mega Millions jackpot is now estimated at $900 million dollars. With a cash option payout of $513 million dollars.
If someone wins here in Michigan, after taxes (24 percent for federal income taxes and 4.25 percent for state income taxes), they would pocket a cool $368 million dollars.
And, Michigan has the fever. As a matter of fact, Michiganders are buying Mega Millions tickets at a rate of 45,000 PER HOUR. (WXYZ)
Two dollars will get you in the game for Mega Millions. For an additional $1, lottery hopefuls can add the Megaplier which can multiply your non-jackpot winnings up to five times.
So, you do the math. At $2 bucks a ticket, that's $90,000 per hour. And $3 buck a ticket, that's $135,000 per hour. Just in Michigan alone.
BTW, there is a 1 in 24 chance of winning any Mega Millions prize. Chances for hitting the jackpot are 1 in 302,575,350. (IndyStar)