Florida Lottery’s Mega Money game is a unique game in the lotto world. That’s because when the jackpot reaches a certain level, most of the payouts in the secondary prizes increase as well. I’ll get to the increased payouts, but first I’d like to discuss the odds and prize payouts for the main draw.
To play the Mega Money lotto game, you must choose 4 numbers between 1 and 44, as well as 1 megaball number between 1 and 22. To win the jackpot, you must match all of the numbers and the odds of doing that are exactly 1-in-2,986,522.
Aside from the jackpot, there are also 7 other lower-tiered levels of prizes. They are as follows (Along with their associated odds):
4-out-of-4 wins $1200 (1-in-142,215)
3-out-of-4 + Megaball wins $350 (1-in-18,665)
3-out-of-4 wins $50 (1-in-888)
2-out-of-4 + Megaball wins $25 (1-in-638)
2-out-of-4 wins $2 (1-in-30)
1-out-of-4 + Megaball wins $3 (1-in-76)
The Mega Money jackpot starts at $500,000 and increases if nobody wins it. However, the maximum the jackpot can grow to is $2 million. If the jackpot reaches its maximum prize level and still nobody wins it, most of the lower-tiered prize amounts increase. If this happens, any of the prizes from $2 to $1200 doubles. So, for example, if you matched 4-out-of-4 numbers, your prize would double from $1200 to $2400. That’s what makes the game unique.
The odds and payouts for Florida’s Mega Money lotto game are decent. However, when the jackpot reaches $2 million, it might be a much better time to play the game as your expected payouts, relative to the odds, are much better. If you live in the great state of Florida, keep an eye out for the game and buy a ticket if you’re feeling lucky!