Mega Millions shake-up: Bigger jackpots, higher price on the horizon?

Proposed changes increase the starting jackpot to $50 million.

Mega Millions shake-up: Bigger jackpots, higher price on the horizon?

The Montana Lottery Commission discussed, during the June 11, 2024 meeting, a proposal from the Mega Millions consortium to overhaul the popular game. Their plan promises a more exciting game with the potential for bigger wins, but there's a catch: playing will cost you more.

More cash, more splash?

The proposed changes are being discussed for Spring 2025. Here's a breakdown of the key points:

  • Ticket price hike: Hold onto your hats, lottery fans! Tickets would see a significant jump from $2 to $5.
  • Bigger starting jackpots: The starting jackpot would get a major boost by being set at $50 million. This aims to lure more players into the Mega Millions pool.
  • No more Megaplier: The Megaplier add-on would no longer be available. However, multipliers would still be a part of the game (see the next point).
  • New multiplier: Each play would automatically receive a random multiplier (2x, 3x, 4x, 5x, or even 10x!) that would apply to all non-jackpot wins. This could add suspense and significantly inflate your winnings if luck is on your side.
  • Improved odds (slightly): There's another silver lining for those concerned about the price increase. The overall odds of winning any prize would see a slight improvement, going from 1 in 24 to 1 in 23.07. However, jackpot hunters should be aware that the odds of snagging the grand prize would decrease slightly, from 1 in 302.6 million to 1 in 278.4 million.
  • Fresher look: To mark the revamped Mega Millions, players can expect a new game logo and updated play slips.

The trade-off: More cost, potentially more reward

The prospect of larger jackpots and a multiplier in every ticket definitely adds a layer of excitement. However, the price increase from $2 to $5 is a significant consideration. It's crucial to weigh the potential rewards against the increased cost before jumping in.

Behind the scenes with the Montana Lottery Commission 

While the official announcement is still forthcoming, the Montana Lottery Commission meeting sheds some light on the proposed changes. Here's what Anne Charpentier, Montana Lottery Marketing and Sales Director, had to say:

Charpentier explained:

Mega Millions is a national jackpot game that is managed by the Mega Millions consortium. This group makes all the decisions surrounding the Mega Millions game and any enhancements applied to the game design.

She further clarified the timeline for implementation:

The Mega Millions consortium has determined that in Spring of 2025, they will be implementing these changes.

More to come

The Montana Lottery Commission along with other state lotteries that are members of the Mega Millions consortium are still reviewing the proposal. If approved, these changes won't hit the lottery scene until Spring 2025. Keep an eye out for official announcements in the coming months.


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