Overview

• The updated Mega Millions game, effective April 7, raises ticket prices from $2 to $5, marking only the second price increase in its 23-year history.
• Starting jackpots now begin at $50 million, up from $20 million, with average jackpots projected to grow to over $800 million.
• The game improves odds of winning, with overall odds now 1 in 23 (previously 1 in 24) and jackpot odds improving to 1 in 290 million from 1 in 303 million.
• Non-jackpot prizes are boosted by a built-in multiplier, offering payouts between $10 and $10 million, replacing the $2 to $1 million range under the previous format.
• The changes aim to counteract 'jackpot fatigue' and differentiate Mega Millions from competitors like Powerball, while driving higher ticket sales.