The American Mega Millions lottery plans to raise its minimum jackpot, was announced today, October 26, 2017. A lottery jackpot has a certain minimum and after each draw that it is not won, the jackpot rises higher. Now you can win a jackpot of 15 million dollars at the Mega Millions lottery, but in the near future this jackpot must be at least 40 million dollars. Together with another measure, jackpots of 1 billion dollars and more will therefore occur more often in the well-known lottery.
Higher lottery ticket costs
The Mega Millions lottery cannot just raise the jackpot. To make this possible, the price of a lottery ticket is increased. Now you pay 1 dollar per ticket, but this price will be doubled in the near future. This means that you have to pay 2 dollars to play in the Mega Millions lottery. Many people will not be happy with this, but this can raise the lottery jackpot considerably.
Unfortunately less chance of winning for Mega Millions players
The jackpots of the Mega Millions lottery are getting higher, but the chance of winning the lottery is getting lower. This means that in a while you will have less chance of winning a big prize at this lottery. Now the odds for the Mega Millions jackpot are 1 in 258.9 million, in the future the odds are 1 in 302.6 million. The jackpot is going up, but the chance that you win the jackpot is unfortunately smaller. Chances are that most Mega Millions players, despite the higher jackpot, are not so happy with the changes at the lottery.