Oklahoma Mega Millions Tickets to Increase to $5 With Improved Odds of Winning

OKLAHOMA CITY (KOKH) — Oklahomans will soon have to pay more for a chance to become a millionaire.

The Oklahoma Lottery is raising the price of Mega Millions from $2 to $5 in April 2025.

Officials said changes include bigger jackpots more frequently, better odds, larger starting and faster growing jackpots, and a built-in multiplier to increase prizes at every level.

There will also be no breakeven prizes, meaning when a player wins, they’ll always win more than the cost of the ticket.

“We are creating a game that both our existing players and people new to Mega Millions will love and get excited about playing,” said Joshua Johnston, Lead Director of the Mega Millions Consortium. “We expect more billion-dollar jackpots than ever before, meaning creating more billionaires and many more millionaires as the jackpots climb, plus this game will continue the important legacy of supporting great causes everywhere Mega Millions is played.”

This is the game’s second price adjustment since the first ticket was sold more than 20 years ago, and the first since the current game matrix was adopted in 2017.

Mega Millions launched in 2002 and has produced six winners of billion-dollar jackpots.

Since the change in 2017, more than 1,200 players have become millionaires, with an average of 3 millionaires per week.