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Mega Millions hikes ticket prices and raises odds of winning
2025-04-30 22:45:04| Spiritual Career Counseling
We break down complex business news to help you understand how money moves in Chicago and how it affects you. Mega Millions ticket prices rose by 150% last week from $2 to $5 as the company changed aspects of the game, in a move that some experts say is designed to keep more people playing.The lottery organization said the odds of winning any game are increasing from 1 in 24 to 1 in 23 meaning players theoretically would now win at least once every 23 times they played and odds of winning the jackpot will improve from 1 in 302,575,350 to 1 in 290,472,336 because one numbered ball is being removed from the game. By way of comparison, the odds of being struck by lightning are 1 in 15,300.The starting jackpot will also reset to $50 million from $20 million, among other changes like built-in multipliers that add to minimum prizes.Mega Millions said cheaper options were still available for those who find the new $5 ticket price steep. Last weeks price hike from $2 was the second-ev...
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