The price of a Powerball ticket increases from $1 to $2 on January 15th. The Power Play multiplier will remain an extra $1. For that additional $1, players have the chance to win $2 million cash for the match-five prize.
State lottery officials say the increased ticket price means bigger jackpots. Powerball’s starting jackpot will double from $20 million to $40 million. Powerball also will increase the second, match-five prize from $200,000 to $1 million, and the lowest prize for matching only the red Powerball will increase from $3 to $4.
The game is also being redesigned to coincide with Powerball's 20th anniversary. 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, producing better overall odds of winning a prize in the game. Players today have a 1-in-35 overall chance of winning a prize, which will improve to 1-in-31.8, beginning Sunday. Odds of winning a jackpot prize will improve from 1-in-195 million to 1-in-175 million.
Since joining the multi-jurisdictional game in June 2002, the Pennsylvania Lottery has sold 14 jackpot-winning Powerball tickets totaling nearly $592 million.
Powerball tickets are sold in 44 participating jurisdictions. Drawings are held on Wednesdays and Saturdays.