How to Increase or Decrease the Amount of Spacing Between Bullets in a Powerpoint List Our guide below will show you how to change Powerpoint spacing between bullets. One item you may not like is the amount of space that exists between the lines of a bulleted list. Often this formatting is well-suited for making everything in the presentation look good and coherent, but you may encounter some things that you want to change. Microsoft Powerpoint presentations are going to have a lot of pre-defined formatting based on the theme or template that you are using. Our article continues below with additional information and pictures for these steps. Select the slide with the bulleted list to edit.Use these steps to change Powerpoint spacing between bullets. When you create bulleted lists in Microsoft Powerpoint there is going to be a certain amount of space between those bullets.