Welcome Guest
Log In | Register )
You last visited February 28, 2021, 7:03 pm
All times shown are
Eastern Time (GMT-5:00)

Mega Millions lottery tickets double to $2 starting in October

Apr 25, 2017, 8:37 am

Share this news story on Facebook
Tweet this news story on Twitter
Mega MillionsMega Millions: Mega Millions lottery tickets double to $2 starting in OctoberRating:

Game matrix also changed to increase jackpots

Five years after Powerball lottery ticket prices were increased to $2, the multi-state Mega Millions game is following suit.

Mega Millions lottery tickets will increase from $1 to $2 later this year, and the odds of winning the jackpot will decrease, according to a measure adopted Monday by New York's lottery regulator.

The move is meant to boost headline-grabbing jackpots for the multi-state lottery game, which is offered in more than 40 states.

Mega Millions will make the price change and tweaks to the game for the Oct. 31 drawing, state Gaming Commission general counsel Edmund Burns wrote in a memo.

The new game rules and ticket price were already adopted by the consortium of states that run the multi-state game, but the rules came to light only after the New York lottery regulator publicly announced the information. 

New York had to make the change in order to continue offering the game, which accounted for more than $280 million in lottery sales in the state last year.  Other Mega Millions states will undergo similar processes to continue offering the game within their borders.

"Without these rules changes, the Division of Lottery would need to remove the Mega Millions game from its portfolio of offerings and aid to education would be affected negatively," Burns wrote.

The rule-changes will have players pick from 70 numbers for the first set of picks, and 25 numbers for the second.

Currently, players pick from 75 and 15 numbers, respectively.

The changes will alter the probability of winning, making it harder to win the jackpot, but easier to win the second prize.

Chances of winning the jackpot will decrease from 1 in 258.9 million to 1 in 302.6 million, while the chance of winning any prize — which will run from $2 to the jackpot — will go from 1 in 14.71 to 1 in 24.

The second-place, $1 million prize will get easier to win: From 1 in 18.5 million to 1 in 12.6 million.

The price increase will put Mega Millions in line with other multi-state lottery games, Powerball and Cash For Life, which already charge $2.

Mega Millions is currently offered for sale in 44 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time.

The Mega Millions winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

The largest jackpot in Mega Millions history was $656 million for the March 30, 2012 drawing, in which there were three winning tickets — one each from Illinois, Kansas and Maryland.

What do you think of the price increase and rules change?  Will you continue to play Mega Millions after the price increase?

Lottery Post Staff

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

93 comments. Last comment 4 years ago by Sunglasses.
Page 1 of 7
Tatototman65's avatar - Lottery-009.jpg

United States
Member #138725
February 4, 2013
2971 Posts
Offline

We all knew it would eventually happen... Come October, I'll be buying less. Thumbs Down

Smile

*If you live in IL and want legal regulated online poker... Click on me
*
How much money could Illinois make from regulated iGaming? Click on me

*If you live in Michigan and want legal regulated online poker... Click on me

    Avatar
    Chasing $ Millions.
    White Shores- California
    United States
    Member #136473
    December 12, 2012
    6526 Posts
    Offline

    Why am I not surprised. Much like bridge tolls - the price keeps going up.No Nod

     * Voice of Reason *   

     

    People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

      dpoly1's avatar - driver
      PA
      United States
      Member #66139
      October 16, 2008
      1998 Posts
      Offline

      Will the minimum jackpot go up?

      Unhappy

      dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

       

      Eschew Poverty ........... Vote Conservative!

        Raven62's avatar - binary
        25
        New Jersey
        United States
        Member #17842
        June 28, 2005
        139706 Posts
        Online

        Surprise!

        Well, Not Really!

        Play On America, but It'll Cost You More!

        A mind once stretched by a new idea never returns to its original dimensions!

        Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

        Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

          Avatar
          Simpsonville
          United States
          Member #163184
          January 22, 2015
          2439 Posts
          Offline

          Will the minimum jackpot go up?

          Unhappy

          That was my exact thought when I read about this.

           

          Harder to win the big one, just more great news to screw the loyal players.

            wander73's avatar - Lottery-008.jpg

            United States
            Member #153769
            March 24, 2014
            4837 Posts
            Offline

            Game matrix also changed to increase jackpots

            Five years after Powerball lottery ticket prices were increased to $2, the multi-state Mega Millions game is following suit.

            Mega Millions lottery tickets will increase from $1 to $2 later this year, and the odds of winning the jackpot will decrease, according to a measure adopted Monday by New York's lottery regulator.

            The move is meant to boost headline-grabbing jackpots for the multi-state lottery game, which is offered in more than 40 states.

            Mega Millions will make the price change and tweaks to the game for the Oct. 31 drawing, state Gaming Commission general counsel Edmund Burns wrote in a memo.

            The new game rules and ticket price were already adopted by the consortium of states that run the multi-state game, but the rules came to light only after the New York lottery regulator publicly announced the information. 

            New York had to make the change in order to continue offering the game, which accounted for more than $280 million in lottery sales in the state last year.  Other Mega Millions states will undergo similar processes to continue offering the game within their borders.

            "Without these rules changes, the Division of Lottery would need to remove the Mega Millions game from its portfolio of offerings and aid to education would be affected negatively," Burns wrote.

            The rule-changes will have players pick from 70 numbers for the first set of picks, and 25 numbers for the second.

            Currently, players pick from 75 and 15 numbers, respectively.

            The changes will alter the probability of winning, making it harder to win the jackpot, but easier to win the second prize.

            Chances of winning the jackpot will decrease from 1 in 258.9 million to 1 in 302.6 million, while the chance of winning any prize — which will run from $2 to the jackpot — will go from 1 in 14.71 to 1 in 24.

            The second-place, $1 million prize will get easier to win: From 1 in 18.5 million to 1 in 12.6 million.

            The price increase will put Mega Millions in line with other multi-state lottery games, Powerball and Cash For Life, which already charge $2.

            Mega Millions is currently offered for sale in 44 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time.

            The Mega Millions winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

            The largest jackpot in Mega Millions history was $656 million for the March 30, 2012 drawing, in which there were three winning tickets — one each from Illinois, Kansas and Maryland.

            What do you think of the price increase and rules change?  Will you continue to play Mega Millions after the price increase?

            Oh boy.  I was thinking about this also.  The MM was going to go up as well and follow the powerball.  I wonder what the multiplier will look like.

              haymaker's avatar - Lottery-012.jpg
              Egg Harbor twp.south Jersey shore
              United States
              Member #112964
              June 29, 2011
              4136 Posts
              Offline

              I guess the occasional buyer room that I'm in, is about to get a little more crowded.

              Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                Raven62's avatar - binary
                25
                New Jersey
                United States
                Member #17842
                June 28, 2005
                139706 Posts
                Online

                That was my exact thought when I read about this.

                 

                Harder to win the big one, just more great news to screw the loyal players.

                MegaMillions Management Greed Trumps MegaMillions Player Greed!

                A mind once stretched by a new idea never returns to its original dimensions!

                Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

                Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

                  Avatar

                  United States
                  Member #164719
                  March 12, 2015
                  1300 Posts
                  Offline

                  The changes will alter the probability of winning, making it harder to win the jackpot, but easier to win the second prize. 

                  Not great for California who uses the pari-mutuel system to award non jackpot prizes.  The second prize starts around $85k  and goes up $85-100k each rollover.

                    American Indian's avatar - disney14
                    Mesa, AZ USA
                    United States
                    Member #172123
                    January 16, 2016
                    201 Posts
                    Offline

                    That was my exact thought when I read about this.

                     

                    Harder to win the big one, just more great news to screw the loyal players.

                    I AGREE I Agree!  Bleu101 we just keep getting it without Vaseline........

                     

                    NO I will no longer be Playing!

                    Patriot

                      lejardin's avatar - Lottery-014.jpg

                      United States
                      Member #118605
                      November 4, 2011
                      1437 Posts
                      Offline

                      Count me in the group that will now play less.Mad

                        JADELottery's avatar - BlackStarSquare 00.png

                        United States
                        Member #21
                        December 7, 2001
                        4530 Posts
                        Offline

                        Yet another game we won't be playing till the jackpot hits 10 Times the odds... $2.6 Billion... now $3.0 Billion in Oct.

                        .

                          JADELottery's avatar - BlackStarSquare 00.png

                          United States
                          Member #21
                          December 7, 2001
                          4530 Posts
                          Offline

                          If anything good from these changes, it's leaving more money in our pocket by not playing.

                          .

                            OldSchoolPa's avatar - Lottery-057.jpg
                            Gurnee, Illinois
                            United States
                            Member #49729
                            February 12, 2007
                            951 Posts
                            Offline

                            I usually only buy one play for Powerball and a couple for MegaMillions...looks like I will be just buying one of each from October onward. When I win, I will cease playing the lottery. I can't understand why jackpot winners always say they will continue buying tickets even though the odds of hitting the jackpot again are astronomical. I adopted the philosophy of giving myself at least one chance to win, so I don't drop $20, $50, or $100 just because the annuitized jackpot amount is over $100 million or so.

                            Get MONEY!!! Winning a JACKPOT lottery is one  MIRACLE I desire for 2019!!!  NOW come to my subconscious mind you 6 winning numbers!US Flag