"The Oregon Megabucks - 3 Times Every Week from the Oregon Lottery"
Current Jackpot US$ 5,400,000
The Oregon State Lottery was brought into being when voters in the state agreed to the formation of a state-lottery in the general election of 1984.
Lottery Oregon started up the following year in 1985 and in the beginning it offered two types of lottery game, scratch-it tickets and its very own State jackpot game, Megabucks.
Oregon State is a member of the Multi-State Lottery Association (MUSL) that operates the massive Powerball lottery across the nation.
The OR Lottery has a number of different games within its portfolio including the Oregon Powerball lottery as mentioned above, the Pick 4, Keno/K4, various scratch-its and breakopens, Lucky Lines, Video Lottery and Raffle.
As a result of the cross-selling agreement between the Multi State Lottery Association (MUSL) and the Mega Millions consortium in late 2009, the OR Lottery also began selling lottery tickets for the other huge US Multi State Lottery – the Mega Millions.
However, the game we will be looking at in more depth here is the very popular Oregon Megabucks…
The Oregon Megabucks is the state’s own traditional jackpot-style lottery game and was its first games introduced when the Oregon Lotto itself first began back in 1985.
The very first Oregon Megabucks tickets went on sale to the public on November 20th 1985.
The Oregon Megabucks lottery is a 6 number game that uses a matrix of 6/48.
The jackpot for the Megabucks lottery commences at $1 million and “rolls over” each time the jackpot is not won. This is then added onto the following draw’s jackpot and increases in size each draw until somebody wins it when it will revert to the starting jackpot sum of $ 1million again.
Draws for the Oregon Lottery Megabucks take place three times per week on Mondays, Wednesdays and Saturdays at 7.29pm PST from the state lottery main offices in Salem.
We are pleased to have reviewed the Oregon Lotto Megabucks game and would recommend having a go at any time to try your luck – first of all, though, take a look at how it works below…
The Oregon Megabucks Lottery uses what’s known as a 6/48 matrix which means that when playing, you need to select 6 numbers from a pool of numbers from 1 to 48 – if you match all 6 numbers drawn then you will be an Oregon Lotto jackpot winner.
There are other cash prizes to be won on the Mega Bucks game, if you match either 5 of the 6 numbers drawn, 4 numbers or even just 3.
A “Quick Pick” facility is available when playing the OR Lottery Megabucks similar to the “Lucky Dip” option that is used in the UK National Lottery or Europe’s Euro-Millions or many other US lotteries – which means that you can ask the lottery retailer or computer to randomly select all your numbers for you.
So, playing the Oregon Megabucks Lottery is simple…just select your own 6 numbers or request them to be randomly generated for you.
The cost of each entry into the Megabucks Lottery is the standard sum of $1.00.
Along with just a few other USA lottery games that make their draws using a Random Number Generator (RNG), the Oregon Lottery numbers are drawn this way too as opposed to the traditional way of using numbered balls drawn from a drum.
All of the Oregon Lottery online games have their numbers drawn using the Random Number Generator with the winning Oregon lottery numbers being displayed after each draw at oregonlottery.org.
As with most USA Lottery games, previously only citizens living in the State of Oregon were allowed to play in any of the OR Lottery games including the Oregon Megabucks Lottery - you used to have to purchase your lottery tickets from an authorized retailer based in Oregon itself.
These days, though, there are a good number of genuine online lottery ticket sales agencies such as TheLotter who are both authorized and genuine - you are able to select your Oregon Megabucks lottery numbers online and purchase your Megabucks tickets without having to be concerned about where in the world you are living.
This is great news of course if you live outside of Oregon and the U.S.A. and want to play on the Oregon Megabucks and ensure your entry into the next draw or just want to have the convenience of being able to buy lottery tickets online.
Once you have entered into the Megabucks draw, you can then easily check your chosen Oregon Lottery results online to see how you have done and to find out if you have become one of the lucky Mega Bucks winners.
You must be 18 years of age to be eligible to purchase a ticket for any of the Wisconsin State Lottery games including the Megabucks.
Some great news here for all USA Lottery players in Oregon...
Oregon Megabucks Lottery tickets first went on sale on November 20th 1985 when the Oregon Lottery was initially launched.
The matrix used by the Megabucks lottery has been changed once or twice over the years – the first change being in June 1986 when it went from 6/38 to 6/42.
The Oregon Megabucks Lottery introduced a starting jackpot of a guaranteed $1 million in September 1986.
On June 3rd 1987, the Oregon Megabucks drawings were increased from one per week to two.
Oregon joined the Multi-State Lottery Associaltion (MUSL) in 1988 which operated the Lotto America game which later turned into Powerball.
The Megabucks matrix changed again in April 1989 this time from 6/42 to 6/44.
In 1990, the Oregon Megabucks lottery became the first USA lottery game to offer players the chance to choose whether to take their winnings as a cash lump sum or an annuity if they should win the jackpot.
On May 20th 2001, Oregon Lottery moved away from the traditional method of drawing its lottery numbers via a ball-drawing machine and started using a Random Number Generator (RNG)
The last matrix change to date for the Megabucks lottery took place also on May 20th 2001 when it went from 6/44 to 6/48 which is how it remains today.
The Oregon Megabucks lottery drawings were increased to three per week on the same day in 2001 and the Oregon Lottery results can be found via the official Lottery Oregon website – oregonlottery.org – very soon after the draws have been made.
The odds of winning on the Oregon Megabucks lottery are very favourable when compared to many of the US lotteries, especially the Multi-State offerings of Powerball and Mega Millions.
The chances of winning a Oregon Megabucks jackpot are 1 in 12.27 million – for these odds you could be one of the Lotto Plus jackpot winners.
For one of the prizes on the second level, the odds come in at 1 in 48.69 thousand.
The likelihood of winning a third tier prize comes in at 1 in 950 and for a prize on the fourth tier the odds are reduce right down to just 1 in 53.
The overall odds of you winning any prize in an Oregon Megabucks draw are a very reasonable 1 in just 25.
The biggest jackpot ever produced by the Megabucks Oregon to date has been the huge US$ 30 Million won on November 15th 2004 by Art Brenner from Milwaukie.
A US$ 23 Million Oregon Megabucks jackpot was won on July 31st 1991 making it the overall 2nd largest ever won so far.
The 3rd biggest jackpot to have been won on the Oregon Lottery Megabucks has been the US$ 21.8 Million won on July 30th 2011.
February 10th 1999 saw the 4th highest win on the Megabucks Oregon when a US$ 18 Million jackpot was won.
A record for the Oregon Lottery Megabucks jackpot at the time was created on March 30th 1988 when the top prize “rolled-over” until it reached the sum of $14 million making it the 5th largest Megabucks jackpot to date.
Looking at some massive jackpots won on the Oregon Powerball lottery – 4 Powerball jackpots have been won in Oregon and in 1992 a winner from Eugene scooped $38.4 million, in 1999 $33.8 million was won by someone from Beaverton.
Then in 2005, a family from Jacksonville won a mind-blowing $340 million which was a record figure of its time and in March 2007, $182.7 million was won by a man from Milwaukie, Oregon.
As an Oregon Lottery jackpot winner, you would have a choice in how you wish to receive your winnings. You could choose to have either a single cash lump sum payment or an annuity prize.
You will need to make the choice as to whether you wish to receive the cash lump sum option or the annuity installment payments option within 60 days of validating your winning OR Lottery ticket. If you make no decision here, after the 60 day period, the jackpot will automatically be paid to you as an annuity.
In terms of value, if you chose to take the cash lump sum payment as an Oregon Lottery jackpot winner, you would receive approximately 50% of the annuity value that you would be paid in installments.
If you choose to receive your jackpot as an annuity, it would be paid to you in yearly installments over a 25 year period.
If your Megabucks win is up to $600 you will be able to claim your prize from any of the many OregonLottery retailers across the state.
If your win is more than $600 then you will need to claim your prize at the state OregonLottery office in Salem - though if you are playing online, whatever your win, this will not be a concern for you, as your lottery ticket agency will take care of all this for you.
If you play lottery online however, whatever your win, this will not be a concern for you, as your accredited lottery ticket sales agency will take care of all this for you, whether it is TheLotter or whichever company you may use.
The Oregon Lottery enjoys a very close partnership with the Oregon State Police and as a result of this relationship - which is not a usual one to say the least – it has a reputation amongst the Oregon public as providing a national example of security and integrity.
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Sunday 23rd October 2016
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