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http://www.calottery.com/play/draw-games/mega-millions/changes
Changes coming to MEGA Millions on October 19th:
• The starting Jackpot is changing to $15 million from $12 million.
• The field of numbers to choose from is changing from 1 through 56, to 1 through 75.
• The MEGA number field is changing from 1 through 46, to 1 through 15.
• The overall odds of winning any prize are changing from 1 in 40, to 1 in 15.
• The odds of winning a jackpot are changing from 1 in 176 million, to 1 in 259 million.
• The jackpot annuity payout is changing from 26 years to 30 years.
so basically there's more chances of a $1B jackpot annuity.
also, the cash option will be smaller because they are using 30yrs instead of 26yrs to calc the annuity
"More chances to win"
Nice marketing...
for historical ref:
current Mega prizes
edit:
so the first game w/the new prize structure is this tues, 10/22.
odds:
http://www.megamillions.com/how-to-play
Changes coming to MEGA Millions on October 19th:
• The starting Jackpot is changing to $15 million from $12 million.
• The field of numbers to choose from is changing from 1 through 56, to 1 through 75.
• The MEGA number field is changing from 1 through 46, to 1 through 15.
• The overall odds of winning any prize are changing from 1 in 40, to 1 in 15.
• The odds of winning a jackpot are changing from 1 in 176 million, to 1 in 259 million.
• The jackpot annuity payout is changing from 26 years to 30 years.
so basically there's more chances of a $1B jackpot annuity.
also, the cash option will be smaller because they are using 30yrs instead of 26yrs to calc the annuity
"More chances to win"
Nice marketing...
for historical ref:
current Mega prizes
edit:
so the first game w/the new prize structure is this tues, 10/22.
odds:
http://www.megamillions.com/how-to-play
Last edited: