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his might have occurred to you latterly – You walked into your neighborhood comfort retailer, went as much as the clerk behind the counter,and requested for a Powerball ticket. She printed out the ticket, gave it to you, and mentioned, “That shall be $2 please.”

$2? For a Powerball ticket? You will have thought to your self, “Did the value simply improve?” Truly, sure it did. Previous to January 15, 2012, the value for one play was $1. On January the 15th, the value doubled to $2 per play.

That is like 100% inflation, you is perhaps pondering. Are you shocked? Maybe you should not be. Subsequent time you are at that very same comfort retailer, have a look round that entrance desk. You will discover dozens of colourful immediate scratch-off tickets on show. Take a better take a look at these scratch-offs. Discover the various value ranges? A few of them price only a greenback. Nonetheless, a few of them price $2, or $5, or $10, and even $20. Completely different pricing schedules for various scratch-off tickets. So, why then, would you be shocked that Powerball now prices $2 to play?

Lotteries are similar to every other items within the market. You’ve gotten completely different selections which you can make with reference to what you buy. You do not have to purchase a Powerball ticket should you’re not pleased with the value. There’s nonetheless loads of different lotto choices, together with state video games and Mega Hundreds of thousands. You may at all times select to play these video games. Nonetheless, Powerball provides shoppers one thing that a lot of the different video games do not – Greater jackpots.

With the rise in value of a Powerball ticket, you additionally get elevated jackpot quantities. For instance, previous to the value improve, Powerball jackpots began at $20 million. Following the value improve, jackpots will begin at $40 million. Not solely will the preliminary jackpot begin at the next quantity, it’s going to additionally develop at the next velocity, making hundred million greenback plus jackpots extra commonplace.

For these larger jackpots, shoppers must pay extra, therefore the value improve. You can not improve the jackpot of a lottery sport with out rising the value or making it more durable to win. Powerball was already arduous sufficient to win because it was, so making it even more durable wouldn’t have been a wise transfer. Growing the value was a wise transfer.

So there you may have it – Now you know the way a lot a Powerball tickets prices. It prices greater than it did earlier than, however you get one thing for that in return – larger jackpots.

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