Mega Millions tickets will increase in price by a significant amount next year.
Lottery officials have announced that tickets will raise in price by 150% beginning in April 2025. They promise that in addition to the price change, additional adjustments “will result in improved jackpot odds, more frequent giant prizes and even larger payouts,” according to the Associated Press.
So, what’s the new price?
Keep reading to find out more…
The price per ticket will increase from $2 to $5.
“Spending 5 bucks to become a millionaire or billionaire, that’s pretty good,” lottery official Joshua Johnston said in a statement.
In response to the price increase, Johnston noted, “You pay 5 bucks for your Starbucks.”
Powerball officials say there are no plans to make changes to ticket prices or game odds.
Earlier this year, a cancer patient was revealed as the winner of a massive jackpot.
