Players have the chance of winning prizes among three different winning tiers. Thousands of people win the lottery each time numbers are drawn. All draws are held on national television. The officials of the lottery are in a mobile drawing station in a truck during the drawing. The truck travels around Brazil so that locals can observe and take place in the lottery. Players don’t have to pay taxes on their winnings.
The lottery only costs €1.50 to play. People usually play the lottery as part of Bolão. Bolão is the most popular way to play the lottery for a greater chance of winning. Groups usually consist of two to 10 players, but some groups choose to have 100 players. If the group wins the lottery, the players in the group collect the prize equally.
The Caixa Economica Federal Bank has been managing the lottery since 1961. The lottery launched on March 11, 1996. Part of the lottery’s proceeds go towards programs for social and cultural advancement.
The highest payout on record for the lottery was in 1999 when a player won $35 million dollars in USD currency and $64.9 million in BRL currency. Someone won R$56 million in 2005, R$52.7 million in 2007 and R$53.1 million in 2008.
The biggest regular Mega-Sena prize was almost €53 million, and the biggest prize recorded was €100 million for the annual super draw that took place in 2014. The super draw gained a lot of popularity for the lottery, and it’s the main reason for its success.
The odds of winning the lottery is good. The odds of winning the Quandra, the third tier, is one in 2,332. The odds of winning Quina, the second tier, is one in 154,518. The odds of winning Sena, the first tier and jackpot, is one in 50,063,860. The overall odds of winning the lottery is one in 2,298. The percentage of the prize pools for the third and second tier are 19 percent, and the percentage of the prize pool for the first tier is 35 percent.
The minimum jackpot is €1,000,000. If the lottery doesn’t have a winner, it’ll continue to roll over to the next draw. There isn’t a lottery cap. It’ll keep rolling over until someone wins.