Saturday, January 14, will be the last day you can get a Powerball Lottery ticket for $1.00. To “celebrate” the lottery’s 20th anniversary the price of one “play” will now cost $2.00.
Lottery officials claim the 100% increase in the price of a lottery ticket is worth it because they’ve increased the size of most jackpot winnings. For example the new starting jackpot amount will double from $20 million to $40 million.
They also claim it will be easier to win. They’re reducing the number of red Powerball numbers used. Instead of 39 red numbers, there will be 35. But since I’ve played the lottery for at least two decades, and never won anymore than $10.00, the 100% increase in the price of one play is enough to make me stop playing.