Mega Millions price increase and new rules start in April. Here's what it means for jackpots and odds.
CBSN
Mega Millions will roll out several changes next month, including new ticket prices, jackpots and an increase in the odds of winning, the multistate lottery game announced.
Players will need more than $2 and a dream to play. After the April 4 drawing, tickets will cost $5 each, Mega Millions said in a statement Tuesday. An optional add-on to potentially increase nonjackpot prizes for an additional dollar and a $3 feature for two plays for the jackpot will be discontinued.
In exchange for the higher price, the game boasts better odds for winning. While the odds for winning any prize will improve from 1 in 24 to 1 in 23, the chances of winning the big prize will still be astronomical: going from 1 in 302,575,350 to 1 in 290,472,336. The change will make the odds of winning Mega Millions' jackpot closer to winning Powerball's, where the odds are 1 in 292.2 million.
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