Virginia Lottery: Mega Millions price increasing from $2 to $5

Price jump to take effect next month
Lottery ticket
Lottery ticket Photo credit Getty Images

Richmond, Va. (Newsradiowrva.com) - The Virginia Lottery on Wednesday sent out a reminder that the price of single-play Mega Millions tickets will soon be increasing.

Starting Tuesday, April 8, ticket prices will increase from $2 to $5. The last drawing where tickets are $2 will be April 4. There will also be other adjustments, including bigger jackpots and a larger starting jackpot.

Game enhancements will include:

• Odds to win the jackpot will improve to 1 in 290,472,336 from 1 in 302,575,350
• Overall odds to win any prize will improve to 1 in 23 from 1 in 24
• The starting jackpot will reset to $50 million instead of the current $20 million after a win
• Jackpots are expected to grow faster and reach higher dollar amounts more frequently
• With a minimum prize of $10 on a winning ticket in the new game, every winning ticket will pay out more than the $5 cost for each play, rather than the current cost of $2

“Virginians have supported the Mega Millions game since we were one of the game’s founding states in 2002,” said Virginia Lottery Executive Director Khalid Jones. “We think our players will be excited by a new and improved version of the game.  Virginia has had nine Mega Millions jackpot wins over the years and hopefully will have more in the future. Of course, as with all our games, the profit from the sale of each ticket goes to support our K-12 public schools.”

Featured Image Photo Credit: Getty Images