HOW TO: Increase file size for Media Upload

https://support.godaddy.com/help/article/1475/what-is-the-php-upload-limit-on-linux-hosting-accounts

Updated Version

1. Create New File
2. Name php5.ini
3. Enter Following Markup;

file_uploads = On
post_max_size = 50M
upload_max_filesize = 50M

4. Save

* This works for Linux Based Godaddy Servers, and probably any other server for that matter. Cheers