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Home » News » Mega Millions Ticket Price Jumps to $5 as Game Gets Major Overhaul this week

Mega Millions Ticket Price Jumps to $5 as Game Gets Major Overhaul this week

  • / Updated:
  • Digital Team 

Mega Millions is revamping everything from ticket prices to game rules in a bold move to boost billion-dollar jackpots and improve player odds.

What’s Changing in Mega Millions in 2025?

Starting tomorrow, Mega Millions players will notice a slew of major changes. The most immediate and impactful? The ticket price has increased to $5, up from $2—a 150% jump that marks only the second price hike since the game’s launch in 2002.

  • New ticket price: $5 (previously $2)
  • First drawing with new rules: Tuesday, April 8, 2025
  • Available in: 45 states, Washington D.C., and the U.S. Virgin Islands

According to the Mega Millions Consortium, the overhaul is designed to deliver larger jackpots, better odds, and bigger non-jackpot prizes, addressing what officials call “jackpot fatigue.”

Bigger Jackpots, Better Odds

Here’s how the new Mega Millions format improves the playing experience:

ChangeOld VersionNew Version
Ticket Price$2$5
Starting Jackpot$20 million$50 million
Average Jackpot~$450 million~$800 million
Jackpot Odds1 in 302.6 million1 in 290.5 million
Any Prize Odds1 in 241 in 23
Minimum Prize$2 (breakeven)$10–$50
Non-Jackpot Prize Range$2–$500$10–$5,000

Additionally, each ticket now includes a built-in multiplier that can increase non-jackpot prizes up to 10 times—previously only available via the $1 “Megaplier” add-on.

What’s Going Away?

Several features have been scrapped as part of the game’s redesign:

  • Megaplier add-on ($1): Now integrated into the $5 base ticket
  • Just the Jackpot option ($3): Removed entirely
  • One gold “Mega Ball” removed: Improves overall odds

These changes simplify the game while making payouts more attractive to casual and frequent players alike.

Why the Overhaul?

Lottery officials cite two key reasons:

  1. Combatting jackpot fatigue – Players have grown indifferent to mid-level jackpots.
  2. Standing out from Powerball – Mega Millions now offers bigger prizes, faster growth, and higher minimum payouts than its main competitor.

“People really want big jackpots,” said Joshua Johnston, Mega Millions lead director. “We expect to see a sales lift on this.”

With the jackpot now starting at $50 million and climbing more aggressively, officials predict more frequent billion-dollar jackpots—a psychological threshold that historically spikes ticket sales.

Will Players Still Buy In?

Despite the higher price, some lottery players already spend more than $5 per draw. Industry insiders believe the improved odds and prize pool will justify the jump.

“This isn’t like a subway fare hike,” said Akshay Khanna, CEO of Jackpot.com. “Players are getting significantly better odds and bigger payouts.”

However, not all players are convinced. Some, like Saeedith Williams of Georgia, say they’ll cut back to one ticket per week to offset the cost.

Mega Millions vs Powerball: Key Differences Now

FeatureMega MillionsPowerball
Ticket Price$5$2 ($3 in ID & MT)
Draw DaysTues & FriMon, Wed, Sat
Starting Jackpot$50 million$20 million
Jackpot Odds1 in 290.5 million1 in 292.2 million
MultiplierIncluded$1 add-on (“Power Play”)

The two games are now diverging in pricing and prize structure, giving players more distinct options depending on their risk and reward preferences.

What’s the Purpose of Mega Millions?

Beyond chasing billion-dollar dreams, Mega Millions raises funds for public programs across participating jurisdictions. Revenues support services like education scholarships, infrastructure, and healthcare, with allocations determined by state law.

Final Take: Is the $5 Mega Millions Worth It?

With a higher price point and faster-growing jackpots, the new Mega Millions format caters to thrill-seekers chasing once-in-a-lifetime payouts. While some players may balk at the cost, the enhanced odds and guaranteed higher prizes could make the gamble feel more worthwhile.



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