On January 15, 2012, Powerball® will undergo major changes to produce bigger jackpots, better odds of winning and more millionaires. The cost of a ticket will increase to $2. Here are the key changes:
- Starting jackpot doubles from $20 million to $40 million.
- Jackpots increase by a minimum of $10 million with each roll.
- Odds of winning the jackpot will improve from 1 in 195.2 million to 1 in 175.2 million.
- Overall odds of winning will improve from 1 in 35 to 1 in 32.
- Match-5 prize will increase from $200,000 to $1 million.
- The Powerball® - only prize will increase from $3 to $4.
Is the New Powerball® Played the Same?
The basic play style is the same; however, the number of red Powerball® numbers is being reduced by four. (The number of white ball numbers remains the same.) So, players will select five white ball numbers from a field of 59 and one red Powerball® number from a field of 35.
Will Power Play® Still Be Available?
Yes, but Power Play® prizes become set prizes, no longer dependent upon a multiplier. These set prizes are at least double the original Powerball® prize and range from $12 for matching just the Powerball® number to $2 million for matching all five white ball numbers. The cost is still an additional $1 per play.
