Mega Money is one of the Iowa Lottery's $2 scratch-off games. Its published overall odds are 1 in 3.88. Its current expected value works out to $0.60 on the dollar, a below-average return. The top prize is $20,000. By our count about half the prizes remain, with 58% of all prizes unclaimed. Its ValueScore is 37/100 (Below Avg). Against the rest of the state it is 57th out of 72 Iowa scratch-offs. At its own price point it is 6th of the 12 active $2 games in Iowa.
Overall Odds
1 in 3.88
Exp. Value
$0.60
per $1 spent
Top Prize
$20,000
Top Prizes Left
3
Prizes Remaining
58%
ValueScore™
37 / 100
Below Avg
Should I Buy This Ticket?
Expected value per $1 spent:
$0.60↓
BELOW AVERAGE
It is 6th of the 12 active $2 games in Iowa, so most $2 alternatives will serve you better.
Why
↓A leaner 26% chance of winning per ticket (1 in 3.88), below most games.
- Expected value of $0.60 per $1 is below average. Less comes back per dollar than most games.
- The larger prizes are well stocked, with plenty of top and mid-tier winners still out there.
Prize Breakdown
| Prize | Odds | Total | Left | Status |
|---|---|---|---|---|
| $20,000 | 1 in 216,000 | 5 | 3 | 60% |
| $300 | 1 in 4,000 | 274 | 155 | 57% |
| $100 | 1 in 1,600 | 714 | 417 | 58% |
| $30 | 1 in 300 | - | Not reported | - |
| $15 | 1 in 150 | - | Not reported | - |
| $10 | 1 in 75 | - | Not reported | - |
| $5 | 1 in 38 | - | Not reported | - |
| $4 | 1 in 21 | - | Not reported | - |
| $2 | 1 in 6 | - | Not reported | - |
“Not reported” = the lottery publishes remaining-prize counts for its top prizes only.
ValueScore™ Breakdown
37
VALUESCORE
Below Avg
37
out of 100
Expected Value
7/40
Prize Quality
16/25
Win Frequency
3/20
Inventory Health
12/15
Updated: 9/4/2026
Game Details
- State
- Iowa
- Game Number
- 776
- Ticket Price
- $2
- Start Date
- 2/3/2026
- Payout %
- 60.2%
- Data Source
- Official
- Last Updated
- 9/4/2026
Compare
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Image Credit: Iowa Lottery
$2.00 per ticket · 1 in 3.88 overall odds
✓ Accounts for prizes already claimed
Entertainment only. Outcomes are random and won't match a real session. Current-odds mode scales each tier by remaining prizes and tickets.
Frequently Asked Questions
Is the Mega Money scratch-off a good buy?
Mega Money scores 37/100 on ValueScore, which is below average. The expected value, prize pool, or inventory health is weaker than most other tickets at this price. There are likely better options in Iowa at the $2 price point.
How much does Mega Money cost?
Mega Money costs $2 per ticket in Iowa. All ScratchCheck figures for this game (expected value, ValueScore, and top prize analysis) are calculated against this $2 ticket price.
What are the odds of winning the Mega Money scratch-off?
The overall odds of winning any prize with Mega Money are 1 in 3.88. This means roughly 1 in every 4 tickets wins a prize of any amount.
What is the top prize for Mega Money?
The top prize for Mega Money is $20,000. As of our latest update, 3 top prizes remain unclaimed.
What are the prizes for Mega Money?
Mega Money offers 9 distinct prize levels: $20,000 (5 total), $300 (274 total), $100 (714 total), $30, $15, $10, $5, $4, and $2. The full prize breakdown with odds and remaining counts is listed in the prize table on this page.
How many prizes are left in Mega Money?
Based on our latest data, 58% of all prize tickets remain (approximately 575 out of 993 total). Roughly half the prizes remain, which is typical for an active game.
How is Mega Money rated by ScratchCheck?
ScratchCheck rates Mega Money at 37 out of 100 using ValueScore™, a composite rating built from four factors: Expected Value, Prize Quality, Win Frequency, and Inventory Health. Scores of 80 or above are Excellent, 60 to 79 Good, 40 to 59 Fair, 20 to 39 Below Average, and below 20 is Poor. The score updates automatically as prizes are claimed and data refreshes.
When was Mega Money released?
Mega Money was released by the Iowa Lottery on February 3, 2026. It has been on sale for roughly 7 months, so a meaningful portion of prizes has likely been claimed.
How often is Mega Money data updated on ScratchCheck?
Mega Money data comes directly from the official Iowa Lottery and is refreshed daily, so the odds and remaining prize counts you see match the lottery's latest published figures.