Bank a Million

Bank a Million is Virginia's twice-weekly cash game with a fixed $1 million top prize. Six numbers come from 1 to 40, plus a Bonus Ball drawn from the same pool. No annuity — just cash.

Bank a Million

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Draw Schedule Wed · Sat
Draw Time 11:00 PM ET
Ticket Cost $2
Governing Body Virginia Lottery
First Drawn October 2010

How it works: Bank a Million

Pick six numbers from 1 to 40, or Easy Pick. A Bonus Ball is then drawn from the remaining 34 numbers. Tickets cost two dollars. Match all six to win one million dollars; the Bonus Ball helps mid-tier prizes.

The real odds of Bank a Million

These figures come straight from the game's official number matrix, so they're fixed by math — not by which numbers you pick. A quick pick has exactly the same chance as any other combination, and no generator can change that.

Match all 6 main numbers
1 in 3,838,380
Match all 6 numbers plus the bonus
1 in 130,504,920

Putting those odds in perspective

Total possible combinations
130,504,920
Cost to buy every combination
$261,009,840
Tickets for a 50% chance of the jackpot
90,459,117
Tickets for a 1% chance of the jackpot
1,311,619

Playing one line per draw, you'd expect to hit the jackpot about once every 130,504,920 draws — roughly once every 1,254,855 years.

How Bank a Million compares

Among the 14 games we generate, Bank a Million ranks #4 by jackpot difficulty (1 = hardest to win).

# Game Jackpot odds (1 in)
1 Keno 1,646,492,110,120
2 Powerball 292,201,338
3 Mega Millions 290,472,336
4 Bank a Million (this game) 130,504,920
5 Super Lotto Plus 41,416,353
6 Lotto America 25,989,600
7 Lotto Texas 25,827,165
8 Bonus Match 5 19,575,738
9 Wild Money 16,564,086
10 Match 6 13,983,816
11 Classic Lotto 47 10,737,573
12 Tri-State Megabucks Plus 4,496,388
13 All or Nothing 2,704,156
14 Texas Two Step 1,832,600

A brief history

Virginia Lottery launched Bank a Million on October 10, 2010 as a replacement for the older Win for Life regional game. The pitch was simple: a real million bucks, cash, on a small matrix. Odds of hitting the top prize sit near 1 in 3.8 million.

Frequently asked questions

Is the jackpot cash or annuity?
Cash, paid in a lump sum.
How is the Bonus Ball drawn?
From the 34 numbers remaining after the main six are picked.
When are draws held?
Wednesday and Saturday nights at 11:00 PM Eastern.