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You are here: Home / News / Powerball raises prices to 2 dollars

Powerball raises prices to 2 dollars

August 25, 2011 By Brian Hauswirth

The Missouri Lottery says Powerball tickets will be raising from 1 to 2 dollars. Lottery Director May Scheve Reardon says this is in an effort to make jackpots larger. She says profits are largely driven by jackpots, so for the past seven years, those in charge of Powerball have been debating what to do to drive up jackpots.

She says more, bigger, better means, more chances to win, bigger jackpots and better odds. Powerball is taking a few balls out of the game, so its easier to win. Reardon says this will probably result in a nearly 30 percent drop in players, but it will still be worth it.

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