https://www.galottery.com/en-us/games/draw-games/megamillions.html

Mega Millions tickets will be $5.00 starting April 5, 2025

Loyal Mega Millions players:

Starting Saturday, April 5, 2025, Mega Millions becomes bigger than ever with:

A BIGGER starting jackpot of $50 Million!

Faster growing and more billion-dollar jackpots than ever before!

Better overall odds to win any prize – including the jackpot!

Plus, every Mega Millions play will include a NEW built-in multiplier, increasing any non-jackpot prize won by 2X, 3X, 4X, 5X or 10X – so EVERY non-jackpot win will be a multiplied win!

As a result of these exciting new changes, the last day to purchase a Mega Millions multi-draw ticket for the full 26-draw limit will be Tuesday, January 7, 2025, and the maximum multi-draw amount you can purchase will continue to be reduced until Friday April 4th. You will be able to purchase a Mega Millions multi-draw ticket for 26-draws again beginning on Saturday, April 5th 2025.

More details are coming, so keep an eye out for more information as the launch of a whole new Mega Millions game approaches on April 5, 2025!

CURRENTLY:

Estimated Jackpot:

$1.1 Billion

Each Play costs: $2.00

Estimated Draw Date: Friday, December 27, 2024

>>22232975 People looking for the info about the $5 Mega Millions ticket price coming in 2025 don't need to go anywhere.

They can find the information right here on Lottery Post, from our October news story. Https://www.lotterypost.com/news/352211

Mega Millions confirms ticket price increase to $5, other changes coming April 2025

Oct 7, 2024, 6:31 pm (115 comments)

Mega Millions

Proposed changes are official Updated with additional prize details By Kate Northrop

Mega Millions has officially confirmed that several new game changes are on the way, including a ticket price increase from $2 to $5. The Mega Millions Consortium has announced that it is preparing for a "mega" overhaul, with plans for game enhancements coming April 2025. Back in June, Lottery Post reported on proposed changes to the game that were initially made public by the Montana Lottery in a commission meeting. While many of the specifics discussed in the meeting, such as the prize structure and number matrix, were technically unofficial and subject to change, a game revamp is definitely coming. Starting in April 2025, ticket prices will increase from $2 to $5. According to Mega Millions, it is the game's second price adjustment since the first ticket was sold more than 20 years ago and the first change since the current game matrix was adopted in 2017. Additionally, the Megaplier will no longer be optional — it will automatically be added to every play and offers a chance to improve non-jackpot prizes by 2X, 3X, 4X, 5X, or 10X, up to $10 million. The Mega Millions Consortium also announced better odds of winning the jackpot. Although the Consortium did not provide prize structures and odds in this week's announcement, the Montana Lottery revealed in a September commission meeting that the new odds are 1 in 290 million down from 1 in 302.5 million. In the same meeting, the Montana Lottery revealed that one number will be removed from the Mega Ball number matrix, confirming our estimate that the new Mega Ball number matrix would be reduced to 1 through 24. There will be no breakeven prizes, meaning that the lowest-tier prize will be more than the cost of the ticket. The new overall odds of winning any prize are 1 in 23.07. While the odds of winning have changed at every prize tier, the Montana Lottery's presentation shows that only the two lowest prize tiers have changed monetary prize amounts. The base prize has increased from $2 to $5, and the second lowest-tier prize has increased from $4 to $7. To account for the automatically added Megaplier, those amounts will beget a prize ranging from $10 to $50 and $14 to $70, respectively. See the Montana Lottery presentation slide below for the full prize chart, including the range of prizes that can be won at each prize level and other detailed financial information about each prize level. The starting jackpot will also increase, a positive change that players have been asking for since the pandemic. Currently, the jackpot resets to $20 million every time it is won. Although the new starting jackpot amount was not listed in the Mega Millions Consortium's announcement, the Montana Lottery confirmed a $50 million figure in their September commission meeting. Lastly, Mega Millions anticipates bigger and faster growing jackpots occurring more frequently as a result of the changes. The Montana Lottery revealed that the estimated average jackpot win will increase from $456 million to $803 million.

"We are creating a game that both our existing players and people new to Mega Millions will love and get excited about playing," Mega Millions Consortium Lead Director Joshua Johnston said in a press release.

CONT:

>>22233015 https://www.lotterypost.com/news/352211

CONT:

"We expect more billion-dollar jackpots than ever before, meaning 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." As we get closer to the game re-launch in the Spring, there will be more information about the game enhancements coming to light, the Mega Millions media team advised Lottery Post. The Montana Lottery stated in their September meeting that the new game rules are not in effect until sales of the new game begin April 5, 2025, and with the drawing on April 8, 2025. Until then, the current game rules will remain. More than 1,200 Mega Millions players have become millionaires since the last game update in 2017, according to the Consortium, averaging 3 new millionaires per week. Since the game's inception in 2002, the multi-state game has produced six winners of billion-dollar jackpots. The last time a billion-dollar jackpot was won was in March, when one single ticket sold at ShopRite Liquor in Neptune Township, New Jersey laid claim to the entire $1.13 billion prize. The winner has yet to come forward to claim the unimaginable stack of cash. A trust in Texas was the last winner to claim a Mega Millions jackpot at $800 million for the drawing on Sept. 10, 2024. It was the biggest prize every paid out to a lone lottery winner in Texas, and the 13th largest lottery jackpot in U.S. history. Mega Millions is currently offered for sale in 45 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time. Tickets cost $2 each. The Mega Millions winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

>>22232975

>>22232975

>CURRENTLY:

>Estimated Jackpot:

>$1.1 Billion

>Each Play costs: $2.00

Estimated Draw Date: Friday, December 27, 2024

>>22233015

>>22233020

>>22232975

THE TAXES ON LOTTERY IS A CRIME

EXMPLE INCLUDES ARIZONA TAXES

24% federal tax

- $123,864,000

- Add'l federal taxes due (37% final rate)

- $67,051,188

TOTAL THEY FUCKING TAKE, EVEN THOUGHT THE ORIGINAL $2.00 WAS TAXED ON EVERY PLAYER

FEDERAL TAX FROM THE TOP ON TAKING THE CASH IS $191,715,188

_______________

Mega Millions Jackpot Analysis

DO YOU R STATE HERE:

https://www.usamega.com/mega-millions/jackpot

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2024 federal marginal rates and state tax rates.

We show both the initial mandated federal withholding of 24% as well as the remaining federal taxes that will be due.

The initial state withholding taxes are based on published guidance from each state lottery and the final state tax rates are from state government publications.

All annuity amounts shown are the average amounts a jackpot winner would receive.

Mega Millions annuity payments are made on an annually-increasing rate schedule, so to see what the payments would be on a year-by-year basis for any state,

click the Annual Payment Schedule link next to the state.

Important: Be sure to review the Important Notes section at the bottom of the page, which provide additional context about the numbers presented here.

Federal Filing Status:

Single

Cash

Mega Millions Jackpot for Fri, Dec 27, 2024

$1,150,000,000

$516,100,000

Gross Prize

Cash: $516,100,000

• 24% federal tax

- $123,864,000

- Add'l federal taxes due (37% final rate)

- $67,051,188

Subtotal

$325,184,812

• State Tax:

AZ

- $12,902,500

Your net payout: $312,282,312

>>22232975

>>22233076

IN ARIZONA

AFTER FEDERAL AND STATE TAX

ON $1,150,000,000 ADVERTISED (ANNUITY)

IF YOU TAKE THE ACTUAL PRIZE OF $516,100,000

>Your net payout: $312,282,312