What Is the Mega Millions Ticket Cost?
When you play Mega Millions, where and how you play the game makes all the difference when it comes to how much your ticket will cost. Luckily for you, we have compiled a guide of all the factors that can change the cost of a Mega Millions ticket, and how you can save money when you play!
What Is the Basic Cost of a Mega Millions Ticket?
When it initially launched in 1996 as “The Big Game”, the price of a ticket was a humble $1. Following changes to the lottery's format in 2017, the cost of a standard Mega Millions entry doubled to US$2, when you purchase an official ticket at a licensed retailer in the United States. For just US$2 you have a chance to win some of the biggest jackpots on the planet!
What Factors Can Influence the Cost of Your Mega Millions Ticket?
The price of a Mega Millions can, however, be higher. The first thing that can add to the cost of your lottery ticket is including one of the lottery’s play options. Mega Millions offers players two additional ways for you to play that can be added on to the standard ticket at an extra cost.
What Is the Price of a Mega Millions Ticket with the Megaplier?
Adding the Megaplier to your Mega Millions will cost you US$1 and make your overall Mega Millions ticket cost US$3.00. This rewarding play option will boost the second division prize to US$2 - US$5 million, depending on the Megaplier chosen for the draw, while the remaining prizes can be multiplied 2-5 times their original amount.
The second option, which is only offered in a handful of states, is called Just the Jackpot. For US$3.00, players will get two Mega Millions tickets that only go towards winning the jackpot, with no possibility of winning a secondary prize.
The next factor that can influence the cost of your Mega Millions ticket is if you are playing when not in the USA. You could wait until your next vacation or business trip in the United States but that means missing the excitement of regularly participation in Mega Millions draws. You certainly wouldn't travel to the US especially to play the lottery! Instead, you could opt to
play Mega Millions online. While this option is much cheaper than flying to the US, the cost per lottery ticket will be a bit more than if you were buying a ticket in person in the US.
What Is the Mega Millions Ticket Price When You Play Online?
How much does a Mega Millions ticket cost online? There are many answers to this question, as online lottery agencies earn revenue in different ways and at different rates. Online ticket purchasing services such as the Lotto Simple, will add a service fee to the cost of your ticket. Other online lottery services will take a commission on your prize money when you win, meaning the prize advertised is not necessarily what you’ll be walking home with. Betting on lottery services can offer you tickets that are slightly less expensive than ticket purchasing services, but you will not be playing with official lottery tickets in the official draw. You will still be adding on around US$2.00 to the original price of a Mega Millions ticket.
Why Is Playing the Lottery Online More Expensive?
Purchasing any product through a third-party will always cost you a little more than buying it from the source. In addition to the price of the ticket, you are also paying for Lotto Simple’s ticket purchasing service, which includes administrative costs, and the claiming and transfer of money to your account when you win. On the bright side, we can all agree that paying a small service-fee for the opportunity to win millions beats purchasing a plane ticket to the United States any day!
How Can I Save On the Cost of My Mega Millions Ticket?
One of the biggest advantages of playing Mega Millions online is the availability of ticket-purchasing options that can save you a pretty penny and lots of time! At Lotto Simple, customers can take advantage of two popular play options:
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Subscriptions - Playing with a subscription is a great way to ensure you never miss a draw, as you’ll be automatically entered into every draw until you decide to unsubscribe. One of the benefits of subscribing to Mega Millions at Lotto Simple is that you’ll get every 7th lottery ticket free of charge!
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Multi-Draw packages - If you’re not yet ready for the commitment of a subscription but you still want all the time-saving benefits, a multi-draws will be right up your alley! Playing with a Multi-Draw package will automatically enter you into a set amount of 5, 10, 15, 25 and 52 consecutive draws! When you choose to purchase a multi-draw package at Lotto Simple, and you’ll also get up to 25% off the cost of your tickets!
Boost Your Chances and Your Savings with Syndicates!
While Mega Millions isn't particularly known for its fantastic odds of winning, you can join an online Mega Millions Syndicate to boost your chances and play hundreds of different number combinations without having to buy all the lottery tickets yourself. And when you win, you can claim not just one, but multiple lottery prizes!
If you want the odds-boosting benefits of a syndicate but still want a chance to win the entire prize for yourself, you can also enter the draw with a bundle package, which combines syndicate shares and your own personal entry!
Where Does Your Money Go When You Buy a Mega Millions Ticket?
Most people who play the lottery seldom wonder where their money is going and how it’s being spent. So, if you were ever curious, we’ve got the answer!
Mega Millions allocates 50% of its ticket revenue for the lottery’s prize pool. The remaining half is used to pay for the states' retailer commissions, vendor fees, lottery administration, and the state beneficiaries or good causes of the state’s choosing.
The revenue is split between 44 states, Washington D.C., and the US Virgin Islands. Out of those jurisdictions, 27 states earmark some or all of the lottery ticket revenue for education. Here are how some states spend their lottery ticket revenue:
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In 2019, the Texas Lottery transferred US$1.617 billion to the Foundation School Fund, which supports various educational programs and initiatives in the state of Texas as well as US$19.4 million to the Texas Veterans Commission.
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Other states, such as Minnesota and Colorado, choose to contribute the funds to organizations and trusts dedicated to preserving the state's wildlife, parks, and trails.
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According to the Pennsylvania Lottery website, they have contributed over US$30 billion in funding for programs supporting the state’s seniors citizens and older residents.
While these good causes do not receive their funding solely from the revenue made from Mega Millions tickets, as one of the country's biggest multi-state lotteries, lottery play does go a long way in supporting them.
Can You Pay Less for a Mega Millions Ticket?
If you play Mega Millions in the United States, you could purchase an official ticket for just US$2. But, if you’re living outside of the United States and want to regularly participate in official Mega Millions draws, playing online is your best option! Although the price of a Mega Millions ticket is slightly higher when you play the lottery online, it gives you a chance at winning the lottery’s massive prizes! Learn more by reading our comprehensive Mega Millions lottery guide!