Lottery jackpot records

Lottery jackpot records - wikimili, the best wikipedia reader

El Gordo[edit]

Spain’s Sorteo Extraordinario de Navidad (Spanish Christmas Lottery) is generally considered to be the world’s largest lottery game, with the largest first prize/jackpot. In 2012, the first prize was €720 million (then US$941.8 million; $1.058 billion in 2020 dollars). The total prize pool in 2012 was €2.52 billion (US$3.297 billion; $3.704 billion in 2020 dollars). The tickets for this drawing have pre-printed five-digit numbers, with each set of numbers sold multiple times in series. For example, a ticket with the number «00001» was printed 180 times under different series numbers. Moreover, each series is divided into 10 décimos (tenths in English), which are the individual tickets available for purchase. This results in the top prize being split by a very big number of winners usually from different regions of Spain. The 2011 top prize of €720 million was paid out as €4 million (US$5.2 million) to each of the 180 tickets (or €400,000 for each décimo) with the number 58268. In 2016, the total prize pool was $2.310 billion (US$2.414 billion)

United States[edit]

All lottery winnings are subject to Federal taxation (automatically reported to the Internal Revenue Service if the win is at least $600); many smaller jurisdictions also levy taxes. The IRS requires a minimum withholding of 25% of the prize (minus the wager) of any gambling win in excess of $5,000. However, the net for a major prize often is misleading; winners often owe the IRS upon filing a return because the Federal withholding was below the winner’s tax obligations. Nonresident U.S. lottery winners have 30% of winnings of at least $600 withheld.

While the largest lottery prizes in the early history of U.S. state lotteries were «annuity-only», these lotteries gradually introduced a «cash option» for these games.

All prizes listed below are reported as the pre-withholdings amount, as this is taxable income the player must report on their returns to be subject to taxation. Jackpots and jackpot shares listed below are annuity amounts (and the cash value.)

For various reasons, an annuitized jackpot can have a higher cash value than a larger annuity with a lower cash value. Examples include the annuity structure of various games: while Mega Millions’ and Powerball’s annuity option each are 30 annual payments, Mega Millions’ annuity payments increase 5 percent yearly, while Powerball increases 4 percent yearly; this makes the Mega Millions’ annuity structure somewhat more «inflated».

List of U.S. lottery drawings of $300 million or more (annuity value) with at least one jackpot-winning ticket (dollar amounts in millions):

Rank Jackpot Cash value Tickets Per ticket Game Date Where Notes
1 $1,586.4 $983.5 3 $327.8 Powerball Jan. 13, 2016 CA, FL, TN World’s largest jackpot (cash value & annuity); 9th largest cash value per ticket.
2 $1,537 $877.8 1 $877.8 Mega Millions Oct. 23, 2018 SC Largest jackpot for a single ticket; largest cash value for a single ticket.
3 $768.4 $477 1 $477 Powerball Mar. 27, 2019 WI 3rd largest jackpot for a single ticket. Bought in New Berlin, Wisconsin.
4 $758.7 $480.5 1 $480.5 Powerball Aug. 23, 2017 MA 2nd largest jackpot for a single ticket.
5 $687.8 $396.2 2 $198.1 Powerball Oct. 27, 2018 IA, NY
6 $656 $474 3 $158 Mega Millions Mar. 30, 2012 IL, KS, MD
7 $648 $347.6 2 $173.8 Mega Millions Dec. 17, 2013 CA, GA
8 $590.5 $370.9 1 $370.9 Powerball May 18, 2013 FL
9 $587.5 $384.7 2 $192.4 Powerball Nov. 28, 2012 AZ, MO
10 $564.1 $381.1 3 $127.0 Powerball Feb. 11, 2015 NC, PR, TX
11 $559.7 $352 1 $352 Powerball Jan. 6, 2018 NH
12 $543 $320.5 1 $320.5 Mega Millions July 24, 2018 CA
13 $536 $378.3 1 $378.3 Mega Millions July 8, 2016 IN
14 $533 $324.6 1 $324.6 Mega Millions Mar. 30, 2018 NJ
15 $530 $345.2 1 $345.2 Mega Millions June 7, 2019 CA
16 $487 $341.7 1 $341.7 Powerball July 30, 2016 NH
17 $456.7 $269.4 1 $269.4 Powerball Mar. 17, 2018 PA
18 $451 $281.9 1 $281.9 Mega Millions Jan. 5, 2018 FL
19 $448.4 $258.2 3 $86.1 Powerball Aug. 7, 2013 MN; NJ (2)
20 $447.8 $279.1 1 $279.1 Powerball Jun. 10, 2017 CA
21 $437 $261.8 1 $261.8 Mega Millions Jan. 1, 2019 NY
22 $435.3 $263.4 1 $263.4 Powerball Feb. 22, 2017 IN
23 $429.6 $284.1 1 $284.1 Powerball May 7, 2016 NJ
24 $425.3 $242.2 1 $242.2 Powerball Feb. 19, 2014 CA
25 $420.9 $254.6 1 $254.6 Powerball Nov 26, 2016 TN
26 $414 $230.9 2 $115.4 Mega Millions Mar. 18, 2014 FL, MD
27 $410 $316.8 1 $316.8 Mega Millions June 09, 2020 AZ
28 $399.4 $223.3 1 $223.3 Powerball Sep. 18, 2013 SC
29 $396.9 $274.6 1 $274.6 Powerball Jan. 29, 2020 FL
30 $393 $247 1 $247 Mega Millions Aug. 11, 2017 IL
31 $390 $233.1 2 $116.5 Mega Millions Mar. 6, 2007 GA, NJ
32 $380 $240 2 $120 Mega Millions Jan. 4, 2011 ID, WA
33 $372 $251.6 1 $251.6 Mega Millions Dec. 17, 2019 OH
34 $365 $177.3 1 $177.3 Powerball Feb. 18, 2006 NE
35 $363 $180 2 $90 The Big Game May 9, 2000 IL, MI Largest Big Game jackpot before it became Mega Millions
36 $344.6 $223.3 1 $223.3 Powerball June 1, 2019 NC
37 $340 $164.4 1 $164.4 Powerball Oct. 19, 2005 OR
38 $338.3 $211.0 1 $211.0 Powerball Mar. 23, 2013 NJ
39 $337 $224.7 1 $224.7 Powerball Aug. 15, 2012 MI
40 $336.4 $210.0 1 $210.0 Powerball Feb. 11, 2012 RI
41 $333 $214 2 $107 Mega Millions Aug. 28, 2009 CA, NY
42 $331 $174 3 $58 The Big Game Apr. 16, 2002 GA, IL, NJ
43 $330 $194.4 4 $48.6 Mega Millions Aug. 31, 2007 MD,NJ,TX,VA
44 $326 $197.5 1 $197.5 Mega Millions Nov. 4, 2014 NY
45 $319 $202.8 1 $202.8 Mega Millions Mar. 25, 2011 NY
46 $315.3 $183 1 $183 Powerball May 19, 2018 NJ
47 $315 $185 1 $185 Mega Millions Nov. 15, 2005 CA
48 $314.9 $170.5 1 $170.5 Powerball Dec. 25, 2002 WV Won by Jack Whittaker
49 $314.3 $146.0 1 $146.0 Powerball Aug. 25, 2007 IN

Notes:

MM. ^ ^ The Big Game became The Big Game Mega Millions and then Mega Millions in 2002.

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