How Much Does a Mega Millions Ticket Cost?

How Much Does a Mega Millions Ticket Cost?

Earlier the Mega Million was also known as the Big Game back in 1996. It is drawn at 11 pm Eastern Time on the evenings of Tuesday and Friday. It is the fourth largest jackpot in the United States of America as it has reached $1.02 billion.

When the Big Game aka Mega Million was initiated on August 31 , 1996 then the tickets were sold at Illinois, Maryland, Michigan , Virginia and Georgia. It was designed by the Michigan Lottery Commissioner Bill Martin and the Illinois Lottery Director Desiree Rogers. It was initially drawn weekly.

The mega millions ticket price is $2 each play. When it was started initially the price of the ticket was just $1. But from the year 2017 the cost of the Mega Million Ticket got doubled to $2 per play. But for just $2 you have the chance to win some of the best and the biggest jackpots. Many of the players don’t know how they can play the Mega Million Game, so below this I will tell you the steps by how you can play the Mega Millions in which the mega millions cost per ticket is $2.

Easy Pick/Quick Pick and selecting six numbers from one of two independent pools of numbers—one between 1 and 25 (the gold Mega Ball) and five distinct numbers between 1 and 70—are available to players (the white balls). If all six winning numbers in a drawing match, you win the big prize.

Until further notice, the beginning jackpot will vary based on sales and will be announced prior to each drawing. With the prize starting from just $2 there are as many as 9 different kinds to win the Mega Million Jackpot.

If you win the jackpot then there are 2 option by which you can take your winnings. These are Annuity Option and the Cash Option. The Mega Millions annuity pays out in 29 annual installments after one initial payout. Every payment is 5% larger than the one before it. By doing this, winners’ lifestyle and spending power are preserved throughout inflationary times. Players can also choose to take the cash option in which whole amount of Lump Sum payment is been given to the player in a single time.

In some areas special offers known as “ Just The Jackpot “ is been run by the organization and as the name tells , just the jackpot allows the players to play specifically for the jackpots only and the Jackpot players will love these offers. The players can get the ticket at the price of $3, in which 2 plays has been given to the player.

Some of the places also offers Megaplier feature which allows you to increase the non jackpot prices to 2,3,4,5 or even 6 times. It additionally costs $1 for each play. The Megaplier is drawn on Tuesday and Friday nights prior to the Mega Millions drawing. A total of 15 balls are in the pool, and five of them have the markings 2X, 6X, 3X, 4X, and 5X. With respect to each of the Megaplier numbers and the reward amounts linked with them, this combination yields the following odds.

You can also add the Megaplier to your Mega Million ticket with an extra costs of $1 each play which will ideally make the total cost to play mega millions $3 per play. This will also increase the second million price to $5 Million which basically depends on the Megaplier chosen for the draw and the remaining amount of the prizes can be multiplied to 2 – 5 times to the original amount.

How can you Minimize the Cost of Mega Millions Lottery Tickets

If you are playing it online then there are high chances that you can save the cost of online ticket prices of the mega million. These steps are –

In a subscription you will be automatically entered at the draw until you decide to unsubscribe. You will never miss any draw and one of the main advantage of the Subscription based model is that you will get every  7th ticket for free of cost.

Multi Draw Packages are another type of trick which you can use to save money while purchasing the Mega Million ticket. If you don’t want to get the subscription then the Multi Draw Package will automatically enters you to the set amount of 5,10,15,205 or 52 draws consecutively. When you chose this feature then you also gets upto 25% off on the costs of your ticket.

I hope that you have got your answer on the mega millions ticket price, how you can play the Multi Million and the features. If you have any questions in your mind then do consider commenting below. This article has been shared for the sake of information to help the masses. We are not responsible for any kind of profit or losses occurred.