The jackpot for this Friday's drawing is currently $500000000. I like writing it without the commas; it looks like a lot of money that way. Taking a snap shot of the game on this Friday, assuming that there is a winner, and using the percentages above, we can figure that the amount of money taken in is (approximately) $1000000000. One billion dollars.
I know that the game pays out on other prizes less than the top prize, but since we're talking approximations, I don't know how much those paltry amounts would change these extrapolations.
The states will divvy up $35000000. There are forty-two states plus the District of Columbia participating in Mega Millions. Assuming that each of those states gets an equal piece of the pie (since I didn't want to spend hours researching more approximations), the take home for each state would come to $813953.50.
That leaves $15M for retailer commissions and lottery operating costs. I couldn’t find any readily available data on how much goes to retailer commissions. If it’s 50 percent of that portion (which is probably guessing on the high side), that would leave $7.5M for the lottery operating costs.
There are many people rubbing their lucky socks in hopes of winning a slice of the Mega Millions pie, but people at game headquarters are looking at a sure thing.
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