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The Wall Street Publication > Blog > Lifestyle > Mega Hundreds of thousands upping worth of lottery tickets subsequent yr
Lifestyle

Mega Hundreds of thousands upping worth of lottery tickets subsequent yr

Editorial Board Published October 8, 2024
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Mega Hundreds of thousands upping worth of lottery tickets subsequent yr
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Take a look at what’s clicking on FoxBusiness.com.

Enjoying the Mega Hundreds of thousands lottery will get dearer in April subsequent yr.

The value of a Mega Hundreds of thousands lottery ticket will climb by $3 to $5 at the moment, the lottery mentioned in a Monday press launch.

The upcoming 150% hike — the second ever for the lottery — will accompany a “new and improved” model of Mega Hundreds of thousands that lottery officers plan to debut in April.

An individual performs lottery at a 7-eleven retailer as Mega Hundreds of thousands jackpot reaches $1 billion 580 million, in Redwood Metropolis, California, United States on Aug. 8, 2023. (Tayfun Coskun/Anadolu Company through Getty Photographs / Getty Photographs)

Mega Hundreds of thousands mentioned the “mega overhaul” of the lottery sport will end result within the dimension of its jackpots rising extra shortly and an elevated frequency in massive jackpots. 

Gamers will see “larger starting jackpots” due to the “enhancements” coming in April, the lottery mentioned.

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On prime of that, Mega Hundreds of thousands mentioned they’ll additionally anticipate “improved odds to win the jackpot” in comparison with the 1 in 302.575 million possibilities supplied by the sport’s present matrix.

Mega Hundreds of thousands will incorporate a “built-in multiplier on every play, automatically improving every non-jackpot win by 2X, 3X, 4X, 5X or 10X” and have “no breakeven prizes,” in line with the lottery.

Mega Hundreds of thousands final did a significant revamp of its lottery sport in 2017.

A pencil and Mega Millions lottery tickets

On this picture illustration, Mega Hundreds of thousands lottery tickets are displayed on Aug. 1, 2023, in San Anselmo, California.  (Illustration by Justin Sullivan/Getty Photographs / Getty Photographs)

That redesign additionally concerned a worth improve that introduced its tickets to $2, the present per-pay worth for Mega Hundreds of thousands. Previous to that, they’d been $1.

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With the April overhaul, Mega Hundreds of thousands is “creating a game that both our existing players and people new to Mega Millions will love and get excited about playing,” Mega Hundreds of thousands Consortium Lead Director Joshua Johnston mentioned in an announcement.

“We expect more billion-dollar jackpots than ever before, meaning creating more billionaires and many more millionaires as the jackpots climb, plus this game will continue the important legacy of supporting great causes everywhere Mega Millions is played.”

A person plays the Mega millions lottery

An individual performs the Mega thousands and thousands lottery at a gasoline station as large Powerball and Mega Hundreds of thousands jackpots develop greater than $1B mixed, in Trona, California, United States on July 11, 2023.  (Tayfun Coskun/Anadolu Company through Getty Photographs / Getty Photographs)

The most important jackpot in Mega Hundreds of thousands’ historical past — $1.602 billion — was drawn in August of final yr. In 5 different cases since 2018, individuals have landed grand prizes upwards of $1 billion.

$1.13 BILLION MEGA MILLIONS PRIZE IN NEW JERSEY IS UNCLAIMED AND HAS A DEADLINE

Mega Hundreds of thousands most just lately had a billion-dollar jackpot winner in late March with a New Jersey ticket profitable a $1.128 billion windfall.

Fellow lottery Powerball has additionally produced its share of super-sized jackpots.

Between the 2 lotteries, a $2.04 billion Powerball jackpot from 2022 takes the cake as the most important.

TAGGED:lotteryMegaMillionspriceticketsuppingyear
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