The good news is that God has a plan of redemption to pay the penalty for your sin.
Jesus already suffered the penalty of your sin on the cross.
For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life.
And being found in appearance as a man, He humbled Himself and became obedient to the point of death, even the death of the cross.
1 Cor 1:18
For the message of the cross is foolishness to those who are perishing, but to us who are being saved it is the power of God.