Mega Millions tops $100 million; Feb. 28, 2012 winning numbers

Michael Santo's picture

There were no winners in the Tuesday, February 28, 2012 drawing in the Mega Millions multi-jurisdictional lottery, meaning that the jackpot has now breached the magic nine-digit mark, and is above $100 million, at $108 million (annuity) and an estimated $79 million cash value for the drawing on Friday, March 2, 2012.

The numbers drawn in the Feb. 28, 2012 drawing were 6-15-29-39-51 with a Mega Ball number of 36. You can find a list of winners in all of the Mega Millions prize tiers in the table below.

MB represents the Mega Ball.

Winners Prize
5-of-5 + MB 0 $83 Million
5-of-5 4 $250,000
4-of-5 + MB 32 $10,000
4-of-5 1,727 $150
3-of-5 + MB 1,908 $150
2-of-5 + MB 31,748 $10
3-of-5 88,646 $7
1-of-5 + MB 194,591 $3
0-of-5 + MB 370,579 $2

In the $250,000 Match 5 + 0 prize tier , there were four winners for the Feb. 28, 2012 drawing. The four winners were in the following states: Delaware (1), Pennsylvania (2) and Tennessee (1).

The last big jackpot for Mega Millions was won in late December, on Dec. 27, 2011, with an annuity prize of $206 million. Meanwhile, the rival Powerball multi-jurisdictional lottery recently paid out the largest cash prize (not annuity) jackpot in its history, at $336 million for annuity and $210 million for cash jackpot, earlier this month.

Powerball just had a $70 million jackpot won (last Saturday) and has reset to its default of $40 million for tonight.

Mega Millions' largest annuity jackpot was won on March 6, 2007, with the jackpot of $390 million. Annuity jackpot is paid out in 26 annual installments. It's possible to take a cash payout in one lump sum, instead. For the March 6, 2007 drawing, two tickets won, one each from Georgia and New Jersey. Both of those winners chose the cash payout option, splitting $233.1 million.

The difference between an annuity payout and a cash payout reflects the fact that interest from the unpaid funds is used to generate the extra money for the annuity. For example, in the case of the Tuesday, Dec. 27, 2011 drawing, the cash payout would have been $151.9 million vs. the $206 million annuity payout.

The interest rate used to calculate that value changes from time to time, though. With that, the largest cash jackpot was $240 million, for the January 4, 2011 drawing, instead of that earlier mentioned 2007 drawing. That drawing had the second largest annuity jackpot, at $380 million.

Once again, two tickets, one each from Post Falls, Idaho, and Ephrata, Washington, matched all six winning numbers. Again, the holders of the winning tickets opted for the cash option.

Image Source: Wikimedia Commons

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