MASS. – The Massachusetts State Lottery will introduce a $50 scratch ticket with a $25 million jackpot instant prize in early February.
The Billion Dollar Extravaganza will offer over $1 billion in total winnings and feature the largest instant win prize in Mass Lottery history, $25 million.
The Billion Dollar Extravaganza ticket, scheduled to go on sale Tuesday, Feb.7, includes three $25 million prizes, five $2 million prizes and 15 $1 million prizes. With an overall prize payout of 82%, Billion Dollar Extravaganza will deliver the highest payout percentage of any game ever offered by the Mass Lottery. The odds of winning a prize in the new game are 1 in 4.10.
“As the Lottery’s 50th anniversary celebration approaches the end, what better time to introduce the $50 ticket to begin our next 50 years,” said State Treasurer Deborah B. Goldberg, Chair of the Massachusetts State Lottery Commission. “Our customers had been requesting this ticket for some time. After careful consideration, the Lottery has what we believe will provide them with the entirely new level of excitement they have been seeking.”
With a print run of 30.2 million tickets, sales from the new $50 Billion Dollar Extravaganza game are expected to exceed $1.5 billion, giving it the potential to generate over $150 million in net profit. Lottery profits are returned to all 351 cities and towns in Massachusetts in the form of unrestricted local aid.
The highest-priced instant ticket currently available in Massachusetts is $30, a price point that was introduced in 2014. Massachusetts will join more than a dozen other U.S. lotteries in offering a $50 ticket.
Billion Dollar Extravaganza presents its players with the best chance to win $500 and $1,000 prizes in Mass Lottery history, and all winning tickets total $100 or more. Each ticket in this key number match style game contains 10 “Winning Numbers” and 35 “Your Numbers.” If one or more of the “Your Numbers” match the “Winning Numbers,” the player wins the corresponding amount. There are also multiplier symbols ranging from 5X to 500X in the “Your Numbers” spots that multiply winning combinations. Three Bonus spots give players the opportunity to automatically win $100, $500 or $1,000.
