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Mega Millions Starting Jackpots To Increase Come October

PHILADELPHIA (CBS) – If you've ever dreamed about winning the Mega Millions lottery, there's good news and bad news.

The good news is that the jackpots are going to be getting bigger come October 22nd. The new Mega Millions game will offer starting jackpots of $15 million -- up from the previous starting amount, $12 million – and grow by at least $5 million every time the jackpot rolls.

However, your odds of actually winning the Mega Millions jackpot decrease, from 1-in-175,711,536 to 1-in-258,890,850. The change is expected to lead to larger jackpot growth.

Meanwhile, the overall odds of winning any Mega Millions prize will improve to 1-in-14.71 from 1-in-40, meaning there will be about three times as many winners.

Lottery officials say ticket prices will stick at $1. The Megaplier option will also remain $1.

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