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The Megaplier does not affect the odds of winning the jackpot or of any of the secondary prizes. Instead, the Megaplier affects the size of the non-jackpot prizes awarded in a draw. The Megaplier can multiply those prizes by a factor of two, three, four, or five.
If you match only the Mega Ball (and don't match any of the 5 regular numbers), you win aR$2 prize and break even on theR$2 cost of your Mega Millions ticket.