Mega Millions tickets will climb to $5, but officials promise bigger prizes and better odds

The cost of buying a Mega Millions jackpot dream will soon more than double, but lottery officials said they're confident players won't mind paying more after changes that will lead to larger prizes and more frequent winners. Lottery officials announced Monday that it will cost $5 to play Mega Millions, beginning in April, up from the current $2 per ticket. The price increase will be one of many changes to Mega Millions that officials said will result in improved jackpot odds, more frequent giant prizes and even larger payouts.