Update PHP version on Godaddy VPS Server

I am unable to update the PHP version of my GoDaddy VPS WHM panel, my current PHP version is 6. I am trying to install the Laravel framework but it required PHP version 7.1.3. Please help to update it to the new version.

Godaddy VPS Server Update PHP version

Ans:
↣ Open your Godaddy WHM panel.
↣ On the left side of your WHM panel click on “Software” option.

↣ Under “Software” option click on “MultiPHP Manager” option
↣ Select domain which on you want to upgrade php version

↣ Select “PHP Version” from the drop-down on above and select the version which you want then click on “Apply” button