Mega Millions Lotto Ticket Price Going Up
The cost of going broke slowly while dreaming of wealth beyond your imagination is now going to cost you twice as much. Huh? What did that mean? Okay, in simpler terms if you want to get rich playing the Mega Millions Lottery game you're going to have to start shelling out two bucks instead of a dollar.
The reason for the price increase? Naturally, it's to give you bigger jackpots. Well, bigger jackpots with longer odds for winning them. The good news is that you'll have a better chance to win some of the smaller prizes. Afterall, that's why we play right? So we can turn a buck into five bucks and never have to work again.
The new ticket prices will go into effect on October 28, 2017. Because of the price increase players will not have jackpots starting at $40 million instead of a paltry $15 million. Under the new game rules, your odds will go up from 1 in 258.9 million to 1 in 302.5 million. The average jackpot will be around $371.4 million.
However, your odds on the Match 5 prize will increase from 1 in 18.5 million to 1 in 12.6 million. The bottom line is this. Your chances of winning a big prize from any lottery game aren't going to be spectacular but it's the thrill of victory right?
Speaking of big money wins, tonight's Mega Millions jackpot is $282 million. That's $82 million more than the Powerball jackpot. So, I guess you have a choice in lottery playing, don't you? Pay two bucks for $200 million tonight or pay one dollar for $282 million on Friday. I am going to spend my money on ice cream.