Mass. Lottery unveils new $50 scratch ticket that offers solid odds of winning

BOSTON — The Massachusetts Lottery on Tuesday unveiled a new $50 scratch ticket that will offer players a chance to win more than $1 billion in total prizes.

The “Billion Dollar Extravaganza” instant ticket includes three top prizes of $25 million -- the largest instant win prize in Massachusetts history, according to the Lottery.

The ticket is slated to go on sale at retailers across the state on February 7. Other prizes up for grabs include five $2 million prizes and 15 $1 million prizes.

About 30.2 million Billion Dollar Extravaganza tickets will be printed and the odds of winning a prize in the new game are said to be 1 in 4.10.

“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,” State Treasurer Deborah B. Goldberg said in a statement.

Billion Dollar Extravaganza presents players with the best chance to win $500 and $1,000 prizes in Mass. Lottery history, and all winning tickets total $100 or more, officials noted.

The game will also feature 10 second-chance drawings, allowing players to enter non-winning tickets for opportunities to win cash prizes ranging from $100 to $50,000. In each of the 10 drawings, 15 $50,000 prizes, 10 $1,000 prizes, 75 $500 prizes, and 300 $100 prizes will be awarded.

The highest-priced instant ticket currently available in Massachusetts is $30, a price point that was introduced in 2014.

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