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$425 MILLION: Largest Powerball lottery jackpot in history

Topic closed. 423 replies. Last post 2 years ago by Cletu$2.

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Morrison, IL
United States
Member #4657
May 13, 2004
1867 Posts
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Posted: November 25, 2012, 12:29 pm - IP Logged

Powerball was smart to remove their record jackpot cap.  If they still had it, the jackpot would be at only $390 million annuity.  The reason PB used to have the cap was because they know some players only play when the jackpot is a "record," and if they set a record at $725 million, they miss chances to set records at $425 million, $525 million, $625 million, etc.  I guess they FINALLY realized that if they don't take records away from themselves, Mega Millions will.

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    kyokushin187's avatar - evildead2
    cornwall,ct
    United States
    Member #102639
    December 23, 2010
    242 Posts
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    Posted: November 25, 2012, 12:50 pm - IP Logged

    What if this jp is won by one person? That would really be life changing.

    Kyokushin karate a.k.a.

    " The strongest Karate"

      GiveFive's avatar - Lottery-026.jpg
      NY State
      United States
      Member #92611
      June 10, 2010
      2068 Posts
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      Posted: November 25, 2012, 1:14 pm - IP Logged

      "NY has been hitting left and right and NY is only a  fraction of all the PB/MM players throughout the states. It just doesn't add up to the 175 million odds for them to have hit so many times this year. And I am not talking about 2nd prize winnings either, it seems like almost every jackpot this year was hit by NEW YORK"

      Of all 42 states that have PB, do you know which state usually has the highest amount of PB ticket sales?  It's New York.

      For the 11/21/2012 drawing, total sales of PB was $86,533,120.  Of that total, New York sold $10,691,772, followed by Florida which sold $9,136,130. Pennsylvania and New Jersey had ticket sales for that same drawing of greater than 6 million dollars and 5 million dollars respectively. 

      On the other hand, Ohio sold $2,528,614 for the 11/21/12 drawing.  New York and Florida combined sold almost TEN TIMES as many tickets as were sold in Ohio. 

      The most amount of Jackpots won in 2012 was not in New York.  If you check the winners stories page at The PowerBall website, you'll see two jackpot winners in Iowa, one in Michigan, one in Pennsylvania, two in Rhode Island, one in New Jersey, one in Connecticut and one in New York.

      Winning a Jackpot - unlikely but POSSIBLE!

        OldSchoolPa's avatar - Lottery-057.jpg
        Gurnee, Illinois
        United States
        Member #49731
        February 12, 2007
        838 Posts
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        Posted: November 25, 2012, 1:41 pm - IP Logged

        The current large jackpot is the result of a long string of games when the house did win. Cumulative-jackpot lotteries such as Powerball are essentially a massive transfer of value from the dupes who play when the jackpot is small to the wiser ones who wait until the jackpot is big, with the house taking a healthy cut along the way. Here's the one piece of solid advice in this column: If you play Powerball every day, stop playing Powerball every day. If your dollar can be spent for a 1 in 80 million chance of $10 million or a 1 in 80 million chance of $120 million, why would you choose the former? By Jordan Ellenberg.

        I play every drawing because the one time I was guilted into not playing a set of numbers by my wife, they hit when the MM jackpot was a mere $12 million annuity. That $4 million after taxes would have been much better for me. And I have observed a few lucky souls hit right after the big amount was hit previously...I don't think they are complaining about how they spent their dollar(s).

        Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

        The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

          Marconis's avatar - tumblr ll2xh5PKG51qaktw9o1_400.jpg
          New Member
          Queens, NYC
          United States
          Member #131552
          August 13, 2012
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          Posted: November 25, 2012, 1:44 pm - IP Logged

          Only spending the usual $2. It's all the same, just bigger and better dreams at night.

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            Lake Katrine, NY
            United States
            Member #135437
            November 25, 2012
            38 Posts
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            Posted: November 25, 2012, 1:46 pm - IP Logged

            "NY has been hitting left and right and NY is only a  fraction of all the PB/MM players throughout the states. It just doesn't add up to the 175 million odds for them to have hit so many times this year. And I am not talking about 2nd prize winnings either, it seems like almost every jackpot this year was hit by NEW YORK"

            Of all 42 states that have PB, do you know which state usually has the highest amount of PB ticket sales?  It's New York.

            For the 11/21/2012 drawing, total sales of PB was $86,533,120.  Of that total, New York sold $10,691,772, followed by Florida which sold $9,136,130. Pennsylvania and New Jersey had ticket sales for that same drawing of greater than 6 million dollars and 5 million dollars respectively. 

            On the other hand, Ohio sold $2,528,614 for the 11/21/12 drawing.  New York and Florida combined sold almost TEN TIMES as many tickets as were sold in Ohio. 

            The most amount of Jackpots won in 2012 was not in New York.  If you check the winners stories page at The PowerBall website, you'll see two jackpot winners in Iowa, one in Michigan, one in Pennsylvania, two in Rhode Island, one in New Jersey, one in Connecticut and one in New York.

            Thanks for your post of logic and math.  Cheers


              United States
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              September 7, 2011
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              Posted: November 25, 2012, 1:52 pm - IP Logged

              I play every drawing because the one time I was guilted into not playing a set of numbers by my wife, they hit when the MM jackpot was a mere $12 million annuity. That $4 million after taxes would have been much better for me. And I have observed a few lucky souls hit right after the big amount was hit previously...I don't think they are complaining about how they spent their dollar(s).

              Did you get a divorce......What?


                United States
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                September 7, 2011
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                Posted: November 25, 2012, 1:55 pm - IP Logged

                Thanks for your post of logic and math.  Cheers

                I was totally confused by conflicting statements...................

                And I am not talking about 2nd prize winnings either, it seems like almost every jackpot this year was hit by NEW YORK"

                 

                The most amount of Jackpots won in 2012 was not in New York


                  United States
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                  September 7, 2011
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                  Posted: November 25, 2012, 1:56 pm - IP Logged

                                         Crazy


                    United States
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                    September 7, 2011
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                    Posted: November 25, 2012, 1:58 pm - IP Logged

                    Only spending the usual $2. It's all the same, just bigger and better dreams at night.

                    Everyone knows the odds are stacked in your favor in NY, I would kick in and extra 100 if I lived in NY...


                      United States
                      Member #116272
                      September 7, 2011
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                      Posted: November 25, 2012, 2:00 pm - IP Logged

                      I play every drawing because the one time I was guilted into not playing a set of numbers by my wife, they hit when the MM jackpot was a mere $12 million annuity. That $4 million after taxes would have been much better for me. And I have observed a few lucky souls hit right after the big amount was hit previously...I don't think they are complaining about how they spent their dollar(s).

                      Please tell me you at least kicked her where the nuts would be, if she had any.........


                        United States
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                        September 7, 2011
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                        Posted: November 25, 2012, 2:02 pm - IP Logged

                        Please tell me you at least kicked her where the nuts would be, if she had any.........

                        I went out and bought "a Donald" today. Can anyone tell me if this is a "classic Donald" or a "new Donald"?


                          United States
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                          September 7, 2011
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                          Posted: November 25, 2012, 2:06 pm - IP Logged

                          I was aiming for a "classic" but I'm just not sure........

                            mightwin's avatar - questns

                            United States
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                            January 5, 2011
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                            Posted: November 25, 2012, 2:14 pm - IP Logged

                            Some people think I'm crazy to go and drop a few hundred on this draw, but I tell them since I don't drink, smoke or eat fast food, I have to spend some $ on something lol


                              United States
                              Member #116272
                              September 7, 2011
                              20244 Posts
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                              Posted: November 25, 2012, 2:19 pm - IP Logged

                              Some people think I'm crazy to go and drop a few hundred on this draw, but I tell them since I don't drink, smoke or eat fast food, I have to spend some $ on something lol

                              Excellent point mightwin, I was at the store buying my "Donald" and watched a lady but $79. worth of cigarettes. She needed 4 books of free matches. I wanted to suggest gambling to her but didn't.....

                                 
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