The record Powerball jackpot keeps rising. It now stands at $550 million after officials say brisk sales keep driving up the payout amount. In Texas alone early $7 million worth of Powerball tickets were sold before 1 p.m. on Wednesday.
The historic Powerball jackpot boosted to $500 million on Tuesday was all part of a plan lottery officials put in place early this year to build jackpots faster, drive sales and generate more money for states that run the game.
Plan on digging deeper in your wallet to play the multi-state lottery game Powerball. Beginning yesterday, the price of a Powerball ticket doubled from $1 to $2.