2006 AMC 10A Problem 13

A player pays \$5 to play a game. A die is rolled. If the number on the die is odd, the game is lost. If the number on the die is even, the die is rolled again. In this case the player wins if the second number matches the first and loses otherwise. How much should the player win if the game is fair? (In a fair game the probability of winning times the amount won is what the player should pay.)

\mathrm{(A)}\ 12\qquad\mathrm{(B)}\ 30\qquad\mathrm{(C)}\ 50\qquad\mathrm{(D)}\ 60\qquad\mathrm{(E)}\ 100

Full credit goes to MAA for authoring these problems. These problems were taken on the AOPS website.