Mega Millions Odds Shift: Higher Prizes, Price Hikes, and the Mystery of Unclaimed $1.13 Billion Jackpot

October 8, 2024
Mega Millions Odds Shift: Higher Prizes, Price Hikes, and the Mystery of Unclaimed $1.13 Billion Jackpot
  • The odds of winning the Mega Millions jackpot currently stand at 1 in 302.6 million, but officials believe that a recent price increase will enhance these odds.

  • Joshua Johnston, the lead director of the Mega Millions Consortium, anticipates more billion-dollar jackpots and emphasizes the ongoing support for charitable causes funded by lottery proceeds.

  • In a significant change, players will no longer receive breakeven prizes; all winning tickets will now yield a prize greater than the ticket's cost.

  • In New Jersey, Powerball ticket purchases must be made by 9:59 p.m. on the day of the drawing, while in New York, the deadline is 10 p.m.

  • Although no one won the recent Tuesday jackpot, five Match 5 winners were reported across six states, including Louisiana and New York.

  • Some players have expressed their intention to stop buying lottery tickets due to the increased costs, with critics labeling the price hike as a greedy move.

  • Lottery officials have noted a decline in ticket sales and are actively seeking ways to revitalize interest in the game.

  • A 2020 law in New Jersey allows lottery winners to remain anonymous, although their identities must still be disclosed to lottery officials for prize claims.

  • In Wisconsin, lottery winners cannot remain anonymous due to open records laws, which require the disclosure of winner names and cities upon request.

  • Lottery tickets are available for purchase at various retail locations and online through the Jackpocket app in select states.

  • The latest jackpot is the largest ever won in New Jersey and ranks as the fifth largest in U.S. lottery history, with a cash value of $537.5 million.

  • Notably, the winner of a $1.13 billion Mega Millions jackpot has yet to claim their prize six months after purchasing the ticket.

Summary based on 24 sources


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