The odds of becoming a Powerball millionaire will get better next year and players can also look forward to higher jackpots. But it’ll cost you.
Starting Jan. 15, 2012, the price of a Powerball ticket will go from $1 to $2. The increase, lottery officials said, is due to game improvements designed to offer more value to players.
In the newly designed game, jackpots will start at $40 million, up from $20 million. Players who match 5 of 5 winning numbers will win a $1 million prize —five times the current $200,000 prize.
The game will also include an increase in the lowest prize level for those who match just the Powerball from $3 to $4.
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Players will still choose their first five numbers from a pool of 59, but the group of numbers in the Powerball pool will shrink from 39 to 35, making odds better.
Lottery officials are betting Floridians won’t mind shelling out an extra buck in hopes of striking it rich.
Read more: http://www.miamiherald.com/2011/06/28/2289257/powerball-tickets-jackpots-to.html#ixzz1QbJaUglZ