Feeling fortunate?
Tuesday is the primary drawing for Mega Hundreds of thousands for the reason that worth of tickets jumped from $2 to $5.
The lottery just lately introduced a brand new model and prize construction. Although tickets value greater than double, the lottery says gamers now have improved odds to win, together with bigger beginning and faster-growing jackpots.
The estimated jackpot for Tuesday’s drawing, as of mid-morning, had rolled to $54 million (money possibility $25.7 million) and was anticipated to climb. Relatively than beginning at $20 million, the jackpot now begins at $50 million.
Going ahead, the common jackpot is anticipated to high $800 million, up from round $450 million. Each ticket now has a random multiplier, and there is one much less gold Mega ball. See info on the prize ranges right here.
The worth hike is not the one change. This is how the lottery payments the enhancements:
New $5 sport with built-in multiplier
The Multiplier is now included within the worth of a single $5 wager.
A 2X, 3X, 4X, 5X, or 10X Multiplier shall be randomly assigned for each play at time of buy.
Win a minimal of $10 and as much as $10 million on non-jackpot prizes, up from $2 to $1 million for present prizes.
Each profitable ticket will pay out not less than 2X the value.
Greater jackpots and secondary prizes
Jackpots begin at $50 million (up from $20 million).
Jackpots are anticipated to develop sooner and get to larger greenback quantities extra incessantly within the new sport.
Prizes for Match 5 (match 5 white balls) with the brand new built-in Multiplier will vary from $2 million as much as $10 million.
The prize for matching the Mega Ball alone will now be between $10 and $50, relying on the Multiplier quantity.
Higher odds to win jackpot
Jackpot odds are improved to 1 in 290,472,336 from 1 in 302,575,350 as a result of elimination of 1 gold Mega Ball from the sport. The brand new sport will function 24 Mega Balls as a substitute of the present 25.
General odds of profitable any prize are improved to 1 in 23 (from 1 in 24).
Mega Hundreds of thousands drawings are held on Tuesdays and Fridays at 11 p.m. ET. The sport is performed in 45 states, Washington, D.C., and the U.S. Virgin Islands. Lottery officers say that any ticket bought earlier than the change shall be paid out based mostly on the outdated prize construction no matter when it’s claimed.
Lawyer Andrew Stoltmann has represented 12 lottery winners, a lot of whom misplaced all their winnings via dangerous investments, reckless spending and grasping relations. “Unfortunately, the people who win the lottery think at that point, the journey is over. And what they don’t realize is that the journey has really just begun,” says the Chicago-based Stoltmann.
