Free Trial

Mega Millions Tickets Will Soon Cost More Than Double the Current Price, With More Changes on the Way. Here's What We Know.

Mega Millions, a national lottery game with tickets sold in 45 states, Washington, D.C., and the U.S. Virgin Islands, is getting a mega makeover.

A "new and improved game" is coming in April 2025 — and tickets will cost more than double the current price, Mega Millions announced in a press release Monday.

One ticket will cost $5 once the changes go into effect. Mega Millions is currently $2 per play.

The company says the new game will have "improved odds to win the jackpot" and bigger jackpots that occur more frequently. There will also be built-in "multipliers" and no breakeven prizes.

"We are creating a game that both our existing players and people new to Mega Millions will love and get excited about playing," said Joshua Johnston, lead director of the Mega Millions Consortium, in a statement. "We expect more billion-dollar jackpots than ever before."

Mega Millions was first launched in 2002. The game's current version and price were enacted in 2017. Drawings occur at 11 p.m. ET on Tuesdays and Fridays.

Naturally, reactions on social media have not been positive so far.

Still, lottery officials are hopeful.

"[We are] creating more billionaires and many more millionaires as the jackpots climb, plus this game will continue the important legacy of supporting great causes everywhere Mega Millions is played," Johnston added.

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping
After Stellar Earnings, Is TSMC the Next Chip Leader?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines