Lottery Tickets Price Increase: Mega Millions Upgrades Its Game
Wednesday, 9 October 2024, 07:10
New Ticket Price for Mega Millions
The cost of a Mega Millions ticket is soaring from $2 to $5 beginning in April 2025, with promises of improved odds and larger prizes.
What This Means for Players
- This marks the second ticket price increase in Mega Millions’ history.
- In 2017, the price rose from $1 to $2.
- The game will have no breakeven prizes, ensuring all winning tickets are worth more than $5.
Expected Impact
- The increased ticket price aims for larger starting jackpots.
- Quicker accumulation of jackpots is anticipated.
- More billion-dollar jackpots are projected, enhancing the excitement of the game.
Joshua Johnston, lead director of the Mega Millions Consortium, highlighted that this change continues the lottery's legacy of benefiting various causes while creating more millionaires and billionaires.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.