16 C
New York
Friday, April 18, 2025
pCloud Premium

Mega Millions set for first drawing with new $5 ticket



250408 lotto mega millions ac 712p f43f9a

The Mega Millions lottery will have its first drawing Tuesday night since game officials rolled out a new $5 price tag for each ticket.

The game group first announced the new ticket price in October as part of a series of tweaks that it said will improve the odds of a jackpot — although the odds remain extremely long.

The new odds of a jackpot win are 1 in 290,472,336, compared with 1 in 302,575,350, the group said in news release about the changes on March 25.

The improved odds for a jackpot and a win of any prize are because of the removal of one gold Mega Ball from the mix — from 25 Mega Balls to 24 — the game group said.

Before the price increase, tickets had cost $2 each.

“Beyond big jackpots, players told us they want bigger non-jackpot prizes and that’s exactly what this new game delivers,” Joshua Johnston, lead director of the Mega Millions Consortium, said in a statement last month.

There have been changes to the Mega Millions before, most recently in response to the Covid-19 pandemic.

In October 2017, the game doubled the price of tickets from $1 to $2 and increased starting jackpots from $15 million to $40 million, which was designed to swell jackpots.

Then in 2020, because of slowing sales during the pandemic, the game was changed again, dropping the starting jackpot from $40 million to $20 million and eliminating a minimum jackpot increase. The increase instead was tied to ticket sales, which is how it still grows.

The new game scheme raises the starting jackpot to $50 million.

Tuesday’s drawing, the first with the new $5 tickets, is scheduled for 11 p.m. ET. The estimated jackpot is $54 million.

CORRECTION: (April 8, 9:15 p.m. ET) A previous version of this article misstated when the new ticket price was announced. It was in October, not March.



Source link

Odisha Expo
Odisha Expohttps://www.odishaexpo.com
Odisha Expo is one of the Largest News Aggregator of Odisha, Stay Updated about the latest news with Odisha Expo from around the world. Stay hooked for more updates.

Related Articles

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
Best Lifetime Deals on SaaSspot_img

Latest Articles

Donald Trump says will make ‘very good’ trade deal with China after claiming Beijing...

0
Amid ongoing tariffs war, US President Donald Trump on Thursday said that he was confident he could make a "very good" deal on...

MI vs SRH | All-round Will Jacks subdues sluggish Sunrisers to record big Mumbai...

0
Sunrisers Hyderabad find themselves at the brink of elimination from IPL 2025 after registering a fifth loss in seven games, against Mumbai Indians...

Supreme Court to hear oral arguments on whether Trump can implement birthright citizenship plan

0
WASHINGTON — The Supreme Court on Thursday said it will hear oral arguments next month on whether the Trump administration can take steps...

Saudi Arabian Grand Prix 2025: Max Verstappen ‘very relaxed’ about Red Bull future

0
Verstappen moved to within one point of Norris in the standings with a brilliant win at the Japanese Grand Prix from pole position...

10-year-old girl set to be Crafton Hills College’s youngest grad

0
Crafton Hills College is about to see its youngest scholar walk the graduation stage. Alisa Perales is set to become the youngest graduate...