Every aspect and facet of life, as we had previously known, has been changed by the COVID-19 pandemic. It has brought with it a “new normal” with far-reaching consequences that have even somewhat affected your favourite Powerball and Mega Millions lottery games.
Many industries across the globe are financially struggling and with little disposable income to spare, even popular lotteries such as Mega Millions and Powerball have taken strain. As a response, some changes have taken place within the industry.
What has changed about the Powerball and Mega Millions lottery?
When the Powerball and Mega Millions jackpots had been won, the new starting jackpots were determined on a draw-by-draw basis. The new starting jackpot amounts were also determined on ticket sales, and interest rates with the starting jackpot amounts agreed upon and announced before both draws.
There were also no minimum fixed jackpot amounts. Both the Powerball and Mega Millions lottery game had a previous minimum jackpot amount of US $40 million. The last minimum increases between drawings for Mega Millions and Powerball was US $5 million and US $10 million respectively.
If you have been closely following the Powerball lottery, you will know they first announced slightly different jackpot changes on March 25. They since had to make additional changes to the Powerball lottery game due to the evolving COVID-19 pandemic.When did these changes come into effect?
The changes for the Mega Millions lottery were implemented immediately after the April 7 draw, while those for the Powerball lottery came into effect on April 8.
If there is no jackpot winner, the jackpot will be ‘reset’ to a new amount based on the specific game's ticket sales. The organisations that operate the games will determine and set the new amount. Powerball is operated by the Powerball Product Group, while Mega Millions Consortium runs the Mega Millions lottery.
What about changes to other prizes?
At this time, there will be no other changes. The six cash prizes for both the Powerball and Mega Millions will remain the same. It is worth noting that the changes do not affect your chances of winning a prize or the jackpot.
Why did Mega Millions and Powerball make these changes?
According to both organisations, these changes are essential in ensuring ticket sales can cover both the jackpot and other prizes. They also state that the changes will help the Mega Millions and Powerball lottery to continue to raise money for good causes.
Gordon Medenica, the Lead Director of the Mega Millions Consortium, said: “the value of the Mega Millions jackpot is based on projected sales, and typical sales patterns have been altered because the current health crisis has required people to stay at home.”
“These changes are necessary to ensure that ticket sales can support the Powerball jackpot and other lower-tier cash prizes. Our number one priority is making sure that the Powerball game can continue to assist lotteries in raising proceeds for their beneficiaries,” said Gregg Mineo, Powerball Product Group Chairman.
Are these changes permanent?
At this point, both organisations who run the Mega Millions and Powerball lottery have not indicated if these changes will be permanent. Both organisations make the final decisions about the changes and how long they will last.
The Powerball and Mega Millions lottery games are run by different organisations, meaning that a change in one game doesn’t mean a change in the other.
Do these changes apply to any other lottery games?
No. These changes only apply to the Mega Millions and Powerball lottery.
Can I still play the Powerball and Mega Millions lotteries online?
Yes. The changes to the Powerball and Mega Millions lotteries do not affect the sale of online lottery tickets. You can still play both lotteries online, on PlayHugeLottos.com.