Powerball price hike

Powerball price hike

POSTED: Monday, January 2, 2012 - 5:54pm

UPDATED: Monday, January 2, 2012 - 5:55pm

Soon it's going to cost you twice as much to play Powerball.

Starting in two weeks on January 15th the cost of a Powerball ticket  will double to $2. The cost increase will also boost the jackpot. Winners now will be able to take home at least $40 million instead of $20 million. The price increase isn't stopping people from buying those tickets. "It wouldn't stop me from buying it...because I mean it's always, your chances is as good as anyone else, if ever you were the winner. I mean, two dollars is nothing compared to the amount of money that you'd win," says Powerball player Karen Heltz.

If someone wins the next Powerball drawing on Wednesday, they are expected to take home close to $30 million.

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