Mega Million tickets are actually greater than double the worth — right here’s what to know

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Mega Million tickets are actually greater than double the worth — right here’s what to know

It’ll price you to hit the jackpot.

The value to play Mega Tens of millions has jumped to $5 — greater than double its longstanding price — as lottery officers promise the change will improve odds and churn out extra billion-dollar jackpots.

Updates to the beloved lottery recreation, together with the worth improve from $2, went into impact simply forward of Tuesday night time’s drawing.


Tickets to play Meg Tens of millions now price $5. AP

Lottery officers say the elevated income will enhance the percentages of successful the jackpot from 1 in 303 million to 1 in 290 million — and imagine higher odds will improve gross sales.

“Folks really need large jackpots,” mentioned Joshua Johnston, the Washington state lottery director who heads the Mega Tens of millions recreation. “We anticipate to see a gross sales carry on this.”

Larger ticket costs imply the jackpot can begin at $50 million, as a substitute of $20 million prefer it had beforehand. It additionally means each time there isn’t an enormous winner, the jackpot will swell even bigger.

Given the minimal prize of $10 on a successful ticket within the new recreation, each successful ticket pays out at the very least double the associated fee to play the sport, lottery officers mentioned.

The general odds of successful any prize will enhance to 1 in 23 from 1 in 24, officers added.


lottery ticket
Lottery officers say the elevated value will create higher odds of successful. AP

The elevated ticket price is barely the second time costs for the sport have risen within the recreation’s 20-year historical past.

Because the recreation launched in 2002, seven billion-dollar jackpots have been received in seven separate states and over 1,200 gamers have turn into millionaires, the corporate mentioned.

With Publish wires.


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