Pricey picks: Powerball tickets doubling to $2

DES MOINES, Iowa — Powerball lottery organizers are betting that bigger jackpots will entice more people to play, but gamblers are going to have to dig deeper into their wallets to try their luck.

Tickets for the multistate game are doubling in price to $2 beginning Jan 15. While the odds of winning one of the game’s giant jackpots also are improving, those in charge of the lottery are gambling that people are willing to pay more for the hope of becoming a millionaire in a down economy.

“With the price of everything else going up, there’s not much you can get for a dollar anymore,” said 28-year-old Ryan Raker, of Des Moines, Iowa, who buys a ticket once a month. He says he’ll probably play less frequently now.

Lotteries have long sold regular people on the hope of becoming rich quick by simply picking a lucky combination of numbers. Some play loved ones’ birthdays or anniversaries in the hope that fate may point them in the direction of a jackpot. Selling that hope is easy; less so is predicting consumers’ sensitivity to price changes.

Powerball’s move follows the model of scratch ticket games, which once were all $1 but now are offered at higher prices with the chance for bigger prizes.

The evolution of scratch tickets and the creation of families of games that offer tickets at different prices has proven successful across the country, said Rebecca Hargrove, president of the Tennessee Lottery. Scratch games like Win for Life in Illinois, Jumbo Bucks in Tennessee and the Crosswords game in Iowa have all been successful, Hargrove said.

SportsPlus

Crime, Courts & Emergencies

Jeffer Lorenzo back in Mower County court, will face sentencing in March

News

Minnesota Democrats ask state Supreme Court to resolve state House power struggle

Business

At home holistically: Rosa Rodriguez opens brick and mortar location for Bruja Bonita

Mower County

PTTP kicks off 15th year of fighting cancer

Mower County

Rep. Bennett: Actions have consequences

Mower County

After several years of inviting visitors to Nativity collection, Austin couple says this is the last year

Education

School Board gets an update on reconstruction of Paulson Courts

Mower County

MMUA honors credentialed Austin journeyman lineworker Garitt Wytaske at annual conference

Mower County

Minnesotans fish free statewide with kids Jan. 18-20

Mower County

Minnesota Association of Townships announces 2025 Scholarship Program for high school juniors

News

U of M researchers examine preparedness for possibility of CWD jump to humans

News

University of Minnesota gets fast-tracked funding to survey wildlife for bird flu

News

House Democrats boycott opening day of Minnesota’s legislative session to thwart narrow GOP majority

Business

Hormel’s Snee to retire at end of fiscal year

News

Minnesota Legislature could be headed for a rocky start to its 2025 session

Mower County

Paint the Town Pink Kicks Off During Austin Area Chamber Business After Hours at The Hormel Institute

LeRoy

Mower County Sheriff’s Office investigating ATM theft in LeRoy

News

Milk from Minnesota dairy farms to undergo mandatory testing for bird flu

Mower County

Love the Work: Mike Hanson enters phased retirement having enjoyed his time with the county

Education

Ellis Middle School teacher nominated for STEM award

Mower County

Duplicate Bridge

Education

Education Briefs

News

Trump gets no-penalty sentence in his hush money case, while calling it ‘despicable’

Crime, Courts & Emergencies

Convictions: Dec. 30, 2024 -Jan. 6