[2] Jones was born in Plymouth, Pennsylvania.
Jones was a motorcycle rider and toured the country in a motordrome act with his wife Molly "the Mile-a-Minute Girl"; Jones was known by the nickname "Dare Devil Jones".
They had a son, Milton Jones Jr. Jones was killed in a crash at Indianapolis, Indiana, during a practice run for the 1932 Indianapolis 500.
[3][4] Jones lived in Cleveland at the time of his death.
He was buried in Acacia Masonic Memorial Park in Mayfield Heights, Ohio.