I know a lot of people here are trying to give their views on Eclipse vs IntelliJ, and I don’t have much to add to these lists. I’m just going to say simply try it. Remember that, while valid, pros and cons that people have here are all (generally) opinions.
At this moment in time, no, it is not worth paying for the Ultimate edition, but I base that on why you are asking the question, not on the toolset.
If you’re just making Minecraft plugins, I see little benefit in trying to jump into the Ultimate edition straight away, and in most cases, at all. I suggest using IntelliJ Community Edition, getting to grips with it, see what you think before committing to a subscription.
Yes, JetBrains offer a 30 day trial for Ultimate, but I only suggest trying that once you’ve gotten used to Community and you think you’re going to stick with IntelliJ. If you then give the trial a go, you can see if you think the extra features are worth it, and make an informed decision then.
If you’re planning on creating a web application, or contributing to something like Ore, then like @JBYoshi said, you’ll realistically need the Ultimate edition if you want to use IntelliJ. Again, there is a trial version, but 30 days isn’t nearly enough to really settle with an IDE really - at least in my experience - so I suggest using the Community Edition to write plugins first, to get used to the IDE, and think about web apps later.
So, quite simply, my advice right now is that you should not consider paying for a subscription yet. It’s relatively simple to evaluate this choice before taking a financial commitment. I’d hate to see you spend money on an IDE that others have recommended, only for you to find that it’s not for you.