[ad_1]
Ticket prices for the nation’s biggest lottery game are about to go up.
California Lottery officials announced Thursday that Mega Millions tickets will increase in price from $2 to $5 starting in April, as well as other changes aimed at increasing the frequency of jackpots and increasing the odds of winning.
With ticket prices soaring, lottery officials expect the starting jackpot to be larger and grow faster. According to the California Lottery, every play has a built-in multiplier, so non-jackpot wins are automatically multiplied by 2x, 3x, 4x, 5x, or 10x.
Also, there will be no break-even prize, so if you win, you will always end up winning more than the ticket price.
Can Mega Millions jackpot winners remain anonymous in California?
Mega Millions is played in 45 states and the District of Columbia. In California, all proceeds from lottery sales go to public education, totaling more than $2 billion in 2024.
About $2 of every new $5 Mega Millions ticket will go to public schools, lottery officials said.
“This change, with features that are more appealing to players, is designed to result in higher sales and, as a result, the California Lottery will further raise additional funds for public education in line with its mission.” ,” the California Lottery said in a news release. .
In December, a $1.2 billion Mega Millions ticket sold in the small town of Cottonwood, California, became the Golden State’s first jackpot winner.
[ad_2]Source link
