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The Megamillion cash payout was 67% in January 2020 while in January 2024 it was 49.6%. Meanwhile, the length of time passing before payouts are given continues to grow.
Statistics from the CA Lottery website and USAMEGA.com indicate the cash value of a Mega Million lottery winning has dramatically decreased in the past ten years:
Powerball and Mega Millions Lottery Results | USA Mega
| 2024 |
PRIZE M |
CASH VALUE M | CASH VALUE AS % OF PRIZE |
| 12/20/24 | 825 | 382 | 46 |
| 6/4/24 | 560 | 264 | 47 |
| 1/2/24 | 114 | 56.6 | 49.6 |
| 2023 | PRIZE M | CASH VALUE M | CASH VALUE AS % of PRIZE |
| 12/19/23 | 41 | 20.4 | 49.7 |
| 8/8/23 | 1602 | 794.2 | 49.5 |
| 6/6/23 | 218 | 113.8 | 52 |
| 1/3/23 | 785 | 403.8 |
51 |
| 2020 | PRIZE M | CASH VALUE M | CASH VALUE AS % of PRIZE |
| 12/22/20 | 330 | 252.8 | 76 |
| 6/2/20 | 356 | 280.5 | 78.7 |
| 1/7/20 | 69 | 46.4 | 67 |
| 2014 | PRIZE M | CASH VALUE M | CASH VALUE AS % of PRIZE |
| 12/16/14 | 113 | 71.7 | 63 |
| 6/3/14 | 34 | 19.8 | 58 |
| 1/7/14 | 15 | 7.9 | 52.6 |
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