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$400 MILLION: Powerball jackpot skyrockets

PowerballPowerball: $400 MILLION: Powerball jackpot skyrockets
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4th-largest US jackpot ever; 6th-largest cash value

By Todd Northrop

For only the 4th time in the history of United States lotteries, a lottery jackpot has grown to $400 million or more.

The new high-water mark of $400 million for the current Powerball jackpot was achieved after no winning tickets were sold for Saturday night's $307.2 million grand prize.

The lump-sum cash payout value of Wednesday's Powerball jackpot is $230.3 million.  After-tax cash and annuity prize amounts are reported state-by-state on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.

This is the largest Powerball jackpot since May 18, 2013, when Gloria C. MacKenzie of Zephyrhills, Florida, held the solitary winning ticket for the largest Powerball jackpot ever awarded (see Winner of record $590.5 million Powerball lottery jackpot announced, Lottery Post, June 5, 2013).

Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs.

The mammoth prize is the result of 12 consecutive draws without a winner.  The run-up started as a $40 million prize on June 26, 2013.

The winning numbers for Saturday, August 3, 2013 were 21, 24, 36, 42, and 45, with Powerball number 15.

Even though nobody won the jackpot Saturday, 9 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 1 from Florida, 2 from Georgia, 2 from Michigan, 1 from Pennsylvania, 1 from Texas, and 1 from Washington.

The California second-prize winner will be awarded $1,159,103, because California does not award fixed prizes. By law, California awards all prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold and the number of tickets that won at each prize level.

Only two of the second-prize winners purchased the Power Play option — the tickets sold in Florida and Texas. Because those two tickets were purchased with the Power Play option their second-prize win is automatically doubled to $2 million. Power Play is not available in California, because the fixed nature of the prize increase offered in Power Play is not compatible with California's pari-mutuel payouts.

78 tickets matched four white numbers plus the Powerball and won $10,000.  Of those tickets, 11 were purchased with the Power Play option, increasing the prize to $40,000, and 8 of the tickets were sold in California, where the prize was worth $11,505 this drawing.

Following the Saturday drawing, the Powerball annuity jackpot estimate was raised $92.8 million from its previous amount of $307.2 million. The cash value was raised by $53.5 million from its previous amount of $176.8 million.

The next Powerball drawing will take place Wednesday night at 10:59 pm Eastern Time.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, any non-jackpot prize is increased according to a fixed prize schedule, which can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts page at Lottery Post.

Powerball is now played in 43 states, plus the District of Columbia and the U.S. Virgin Islands.  Drawings are Wednesdays and Saturdays at 10:59 p.m. Eastern Time.  Tickets cost $2 each.

A 44th Powerball state will be added in early 2014, as the state of Wyoming has approved a new state lottery with the intention of joining Powerball and other multi-state lottery games.  (See Wyoming officially becomes 44th state with a lotteryLottery Post, Mar. 14, 2013.)

Powerball lottery results are published within minutes of the drawing at USA Mega (www.usamega.com).  The USA Mega Web site provides lottery players in-depth information about the United States's two biggest multi-state lottery games, Mega Millions and Powerball.

Top 25 United States lottery jackpots of all time

Wednesday's Powerball jackpot currently stands as the 4th-largest lottery jackpot of all time in the United States.  That position may rise before the drawing Wednesday night, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.

If nobody wins Wednesday, it's anyone's guess how high it will go.

  1. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  2. Powerball: $590.5 million, May 18, 2013 - Florida
  3. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  4. Powerball: $400 million, Aug. 7, 2013 - Preliminary estimate, not yet won
  5. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  6. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  7. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  8. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  9. Powerball: $340 million, Oct. 19, 2005 - Oregon
  10. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  11. Powerball: $337 million, Aug. 15, 2012 - Michigan
  12. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  13. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  14. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  15. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  16. Mega Millions: $319 million, Mar. 25, 2011 - New York
  17. Mega Millions: $315 million, Nov. 15, 2005 - California
  18. Powerball: $314.9 million, Dec. 26, 2002 - West Virgina
  19. Powerball: $314.3 million, Aug. 25, 2007 - Indiana
  20. Powerball: $295.7 million, Jul. 29, 1998 - Indiana
  21. Powerball: $295 million, Aug. 25, 2001 - Delaware, Kentucky, Minnesota, New Hampshire
  22. Mega Millions: $294 million, Jul. 2, 2004 - Massachusetts
  23. Powerball: $276.3 million, Mar. 15, 2008 - West Virgina
  24. Mega Millions: $275 million, Feb. 22, 2008 - Georgia
  25. Mega Millions: $270 million, Feb. 28, 2006 - Ohio

For those keeping score, the number of jackpots in the top 25, by lottery game, are:

  • Powerball: 13
  • Mega Millions: 10
  • The Big Game: 2

The Big Game is the original name of Mega Millions, from the game's first drawing on Sep. 6, 1996 through May 14, 2002.  The name was changed to Mega Millions starting with the May 17, 2002 drawing.

Top 25 cash value jackpots

Since many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.

Looking at the cash value, the upcoming Powerball jackpot ranks as the 6th-largest cash value in U.S. history.

  1. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  2. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  3. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  4. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  5. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  6. Powerball: $230.3 million cash, Aug. 7, 2013 ($400 million annuity) - Preliminary estimate, not yet won
  7. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  8. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  9. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  10. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  11. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  12. Mega Millions: $194.4. million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  13. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  14. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
  15. Powerball: $177.3 million cash, Feb. 18, 2006 ($365 million annuity) - Nebraska
  16. Mega Millions: $168 million cash, July 2, 2004 ($294 million annuity) - Massachusetts
  17. Mega Millions: $167.7 million cash, Feb. 22, 2008 ($275 million annuity) - Georgia
  18. Powerball: $166 million cash, Aug. 25, 2001 ($295 million annuity) - Delaware, Kentucky, Minnesota, New Hampshire
  19. Mega Millions: $165.2 million cash, May 4, 2010 ($266 million annuity) - California
  20. Powerball: $164.4 million cash, won Oct. 19, 2005 ($340 million annuity) - Oregon
  21. Mega Millions: $164 million cash, Feb. 28, 2006 ($270 million annuity) - Ohio
  22. Powerball: $161.5 million cash, July 29, 1998 ($295.7 million annuity) - Indiana
  23. Mega Millions: $156.1 million cash, Sept. 16, 2005 ($258 million annuity) - New Jersey
  24. Mega Millions: $153.3 million cash, Dec. 27, 2011 ($208 million annuity) - New York
  25. Powerball: $151.7 million cash, Nov. 2, 2011 ($254.2 million annuity) - Connecticut

The number of jackpot cash values in the top 25, by lottery game, are:

  • Mega Millions: 13
  • Powerball: 11
  • The Big Game: 1

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259 comments. Last comment 1 year ago by mypiemaster.
Page 1 of 18
ThatScaryChick's avatar - AbnSTiA

United States
Member #56506
November 21, 2007
4648 Posts
Online
Posted: August 4, 2013, 1:36 am - IP Logged

I might actually buy a couple of tickets now.

"No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

    tnlotto1's avatar - logo
    nashville
    United States
    Member #49896
    February 18, 2007
    1181 Posts
    Offline
    Posted: August 4, 2013, 1:38 am - IP Logged

    PartyHurray!

      Erzulieredeyes's avatar - spider miss.png
      Painesville, Ohio
      United States
      Member #117722
      October 12, 2011
      107 Posts
      Offline
      Posted: August 4, 2013, 2:06 am - IP Logged

      L--O--V--E  these huge ridiculous jackpots! :)

       

      The bigger they get, the greedier and superficial my imagionation becomes..lol

        whiteballz's avatar - Lottery-015.jpg
        Nutley, New Jersey
        United States
        Member #131063
        August 1, 2012
        786 Posts
        Offline
        Posted: August 4, 2013, 2:21 am - IP Logged

        believe in something bigger!

        .

          OldSchoolPa's avatar - Lottery-057.jpg
          Gurnee, Illinois
          United States
          Member #49731
          February 12, 2007
          841 Posts
          Offline
          Posted: August 4, 2013, 2:30 am - IP Logged

          I might actually buy a couple of tickets now.

          I will be buying a ticket or two every day until the drawing Wednesday. I will thank everyone who contributed to my retirement account during the press conference I conduct in disguise about 3 weeks from now.

          But I am not dreaming about what I will do with all that money because the drawing has not happened yet to confirm my win, so I find it pointless to dream about something that has not happened yet. But let those numbers fall my way, then I will take about 2 weeks to dream about what I will do while I meet with tax and investment professionals...oh, and I forgot to add lawyers because my situation is not optimum now.

          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!

            Teddi's avatar - Lottery-008.jpg

            United States
            Member #142504
            May 13, 2013
            587 Posts
            Offline
            Posted: August 4, 2013, 2:49 am - IP Logged

            L--O--V--E  these huge ridiculous jackpots! :)

             

            The bigger they get, the greedier and superficial my imagionation becomes..lol

            I Agree! I know, right?

              Avatar
              California
              United States
              Member #141209
              April 7, 2013
              60 Posts
              Offline
              Posted: August 4, 2013, 3:18 am - IP Logged

              I bought my Powerball tickets an hour ago. Good luck everyone.

               

              powerball ticket

                Avatar
                New York, NY
                United States
                Member #120654
                December 24, 2011
                59 Posts
                Offline
                Posted: August 4, 2013, 4:18 am - IP Logged

                I bought my Powerball tickets an hour ago. Good luck everyone.

                 

                powerball ticket

                I didnt know u could buy pb tickets after the deadline. Gonna check around my neighborgood to see whats the earliest I can play pb for the following drawing. Good luck everyone.

                  hearsetrax's avatar - 78638c467ef281febf24383e126f74b6

                  United States
                  Member #52345
                  May 21, 2007
                  1864 Posts
                  Offline
                  Posted: August 4, 2013, 6:09 am - IP Logged

                  makes me grin

                  so the official frenzy begins eh .......

                  hehehe

                  best of luck to those playing and may it hit  in VA, preferably me !!

                    brees2012's avatar - animal whale.jpg

                    United States
                    Member #125182
                    March 26, 2012
                    162 Posts
                    Offline
                    Posted: August 4, 2013, 6:53 am - IP Logged

                         I was 100% ready to win the Powerball ......

                         Plans and luggage all ready to go.......

                     ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

                        Payout : $161,210,000

                        Share with several people and organizations

                       

                      BuyLow's avatar - palm tree.jpg
                      Florida
                      United States
                      Member #61435
                      May 22, 2008
                      775 Posts
                      Offline
                      Posted: August 4, 2013, 7:00 am - IP Logged

                      I'm going to see how many people at Publix I can slide in front of...

                       

                      Jack-in-the-BoxPartyJack-in-the-BoxParty

                        BuyLow's avatar - palm tree.jpg
                        Florida
                        United States
                        Member #61435
                        May 22, 2008
                        775 Posts
                        Offline
                        Posted: August 4, 2013, 7:04 am - IP Logged

                        believe in something bigger!

                        Thats a great ad!

                          Piaceri's avatar - sarsony1
                          Wannabe Won Percenter
                          Republic of Texas
                          United States
                          Member #57557
                          January 9, 2008
                          996 Posts
                          Offline
                          Posted: August 4, 2013, 7:47 am - IP Logged

                          Scared

                           

                          DancePartyBananaPartyHyperDancePartyBanana

                           

                          Crazy

                           

                          White Bounce

                           

                          Disney

                          singlewinnersinglewinnersinglewinner!!!

                          Green laugh

                          face

                          singlewinnersinglewinnersinglewinner   

                            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                            Oklahoma
                            United States
                            Member #82391
                            November 12, 2009
                            5351 Posts
                            Offline
                            Posted: August 4, 2013, 8:13 am - IP Logged

                            $400 million Hurray!

                            I Love Pink & Green 1908