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$400 MILLION: Mega Millions lottery jackpot soars

Mega MillionsMega Millions: $400 MILLION: Mega Millions lottery jackpot soars
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Massive jackpot is 7th-largest of all time

By Todd Northrop

For only the 7th time in the history of United States lotteries, a lottery jackpot has grown to $400 million or more.

After 20 drawings without a jackpot winner, the multi-state Mega Millions lottery game now boasts a swelling jackpot that is nearing a half-billion dollars and could instantly put someone among the wealthiest people on the planet.

After nobody won Friday night's grand prize, the Mega Millions jackpot grew to an estimated $400 million — the largest since the near-record $648 million Mega Millions jackpot drawn on Dec. 17, 2013, and the 7th-largest United States lottery jackpot of all time (see full list below).  It is the 3rd-largest Mega Millions jackpot ever.

The lump-sum cash value of $224.8 million is also the 9th-largest on the all-time US lottery jackpot cash value list.

The current jackpot run-up started on January 7 as a $15 million grand prize — it has been over two months since Mega Millions has had a jackpot winner.

Lottery players wondering what all the cash will look like in their bank account after federal and state taxes are taken out can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega's Jackpot Analysis page.

In Friday night's Mega Millions drawing, there was no jackpot winner, but 5 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Arkansas, 1 from Florida, 2 from Ohio, and 1 from Virginia.

Three of the five second-prize winners purchased their ticket with the Megaplier option for an extra $1 per play and will have their prize tripled to $3 millon, because the Megaplier number drawn was 3.  The three winning tickets purchased with the Megaplier option were sold in Arkansas, Florida, and Virginia.

The Megaplier option is not available in California, because the fixed nature of the prize increase offered with the Megaplier is not compatible with California's pari-mutuel payouts. 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.

Also, a total of 97 tickets matched four of the first five numbers plus the Mega Ball to win a $5,000 prize. Of those tickets, 10 were purchased with the Megaplier option, increasing the prize to $15,000, and 8 were sold in California, where the prize awarded this drawing is $9,096.

The Mega Millions winning numbers for Friday, March 14, 2014, were 7, 20, 40, 54, and 69, with Mega Ball number 12. The Megaplier number was 3.

Following the Friday drawing, the Mega Millions annuity jackpot estimate was raised $47 million from its previous amount of $353 million. The cash value was raised by $30.8 million, from its previous amount of $194 million. 

Mega Millions is currently offered for sale in 43 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time. Tickets cost $1 each.

A 44th Mega Millions state may be added later this year, as the state of Wyoming has approved a new state lottery with the intention of joining multi-state lottery games. (See Wyoming officially becomes 44th state with a lottery, Lottery Post, Mar. 14, 2013.)

The Mega Millions winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

Top 25 United States lottery jackpots of all time

Tuesday's Mega Millions jackpot currently stands as the 7th-largest lottery jackpot of all time in the United States.  That position may rise before the drawing, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.

  1. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  2. Mega Millions: $648 million, Dec. 17, 2013 - California, Georgia
  3. Powerball: $590.5 million, May 18, 2013 - Florida
  4. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  5. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  6. Powerball: $425.3 million, Feb. 19, 2014 - California
  7. Mega Millions: $400 million, Mar. 18, 2014 - Preliminary estimate, not won yet
  8. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  9. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  10. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  11. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  12. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  13. Powerball: $340 million, Oct. 19, 2005 - Oregon
  14. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  15. Powerball: $337 million, Aug. 15, 2012 - Michigan
  16. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  17. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  18. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  19. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  20. Mega Millions: $319 million, Mar. 25, 2011 - New York
  21. Mega Millions: $315 million, Nov. 15, 2005 - California
  22. Powerball: $314.9 million, Dec. 25, 2002 - West Virgina
  23. Powerball: $314.3 million, Aug. 25, 2007 - Indiana
  24. Powerball: $295.7 million, Jul. 29, 1998 - Indiana
  25. Powerball: $295 million, Aug. 25, 2001 - Delaware, Kentucky, Minnesota, New Hampshire

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

  • Mega Millions: 9
  • Powerball: 14
  • 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 Mega Millions jackpot ranks as the 9th-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: $347.6 million cash, Dec. 17, 2013 ($648 million annuity) - California, Georgia
  5. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  6. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  7. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  8. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  9. Mega Millions: $224.8 million cash, Mar. 18, 2014 ($400 million annuity) - Preliminary estimate, not won yet
  10. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  11. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  12. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  13. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  14. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  15. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  16. Mega Millions: $194.4. million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  17. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  18. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
  19. Powerball: $177.3 million cash, Feb. 18, 2006 ($365 million annuity) - Nebraska
  20. Powerball: $170.5 million cash, Dec. 25, 2002 ($314.9 million annuity) - West Virginia
  21. Mega Millions: $168 million cash, July 2, 2004 ($294 million annuity) - Massachusetts
  22. Mega Millions: $167.7 million cash, Feb. 22, 2008 ($275 million annuity) - Georgia
  23. Powerball: $165.8 million cash, Aug. 25, 2001 ($295 million annuity) - Delaware, Kentucky, Minnesota, New Hampshire
  24. Mega Millions: $165.2 million cash, May 4, 2010 ($266 million annuity) - California
  25. Powerball: $164.4 million cash, won Oct. 19, 2005 ($340 million annuity) - Oregon

Lottery Post Staff

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156 comments. Last comment 5 months ago by mightwin.
Page 1 of 11
IPlayWeekly's avatar - avatarmoney
Columbus, Ohio
United States
Member #128911
June 5, 2012
420 Posts
Offline
Posted: March 15, 2014, 12:01 pm - IP Logged

Congrats to the winners... Second tier wins are just as good

    whiteballz's avatar - Lottery-015.jpg
    Nutley, New Jersey
    United States
    Member #131063
    August 1, 2012
    776 Posts
    Offline
    Posted: March 15, 2014, 12:09 pm - IP Logged

    Did someone say 400 mil?

    yes

    .

      Avatar
      New York, NY
      United States
      Member #120654
      December 24, 2011
      59 Posts
      Offline
      Posted: March 15, 2014, 12:28 pm - IP Logged

      Talk about jackpot fatigue.  Jesuschrist it only went up 47 million dollars from last draw. Two years ago the jackpot was at a similar amount,  I think $366m, and then shot up nearly $300m to the record $656m jackpot. I was thinking two more rolls will reach a billion, but now it looks like it'll take about four rolls to get there.

        gocart1's avatar - lighthouse
        da bronx,city island,n.y.
        United States
        Member #30516
        January 17, 2006
        333 Posts
        Offline
        Posted: March 15, 2014, 12:29 pm - IP Logged

        Talk about jackpot fatigue.  Jesuschrist it only went up 47 million dollars from last draw. Two years ago the jackpot was at a similar amount,  I think $366m, and then shot up nearly $300m to the record $656m jackpot. I was thinking two more rolls will reach a billion, but now it looks like it'll take about four rolls to get there.

        I Agree!

          Marilyn222's avatar - 1975203 678005355574080_1381926342_n.jpg
          Denver
          United States
          Member #117688
          October 12, 2011
          410 Posts
          Offline
          Posted: March 15, 2014, 12:35 pm - IP Logged

          LepHappy St. Paddys everyone!

            mightwin's avatar - questns

            United States
            Member #103789
            January 5, 2011
            443 Posts
            Offline
            Posted: March 15, 2014, 12:38 pm - IP Logged

            Talk about jackpot fatigue.  Jesuschrist it only went up 47 million dollars from last draw. Two years ago the jackpot was at a similar amount,  I think $366m, and then shot up nearly $300m to the record $656m jackpot. I was thinking two more rolls will reach a billion, but now it looks like it'll take about four rolls to get there.

            Yeah jackpot fatigue plus the odds changing I would say. Oh well at least its getting up there.

              Avatar
              New Member
              Delaware Ohio
              United States
              Member #152503
              February 16, 2014
              23 Posts
              Offline
              Posted: March 15, 2014, 12:43 pm - IP Logged

              Talk about jackpot fatigue.  Jesuschrist it only went up 47 million dollars from last draw. Two years ago the jackpot was at a similar amount,  I think $366m, and then shot up nearly $300m to the record $656m jackpot. I was thinking two more rolls will reach a billion, but now it looks like it'll take about four rolls to get there.

              Winning $400 mil is fine with me. One Billion will attract the attention of the whole world. Every one will want to know who the winner is even if you claim it anonymously

                HaveABall's avatar - rocket

                United States
                Member #72448
                March 18, 2009
                961 Posts
                Offline
                Posted: March 15, 2014, 1:24 pm - IP Logged

                I am available to winning a large, several multi-million dollar net lottery jackpot. Big Grin

                Having millions of dollars in my financial accounts means more, consistent fun for me.Lovies

                  Marilyn222's avatar - 1975203 678005355574080_1381926342_n.jpg
                  Denver
                  United States
                  Member #117688
                  October 12, 2011
                  410 Posts
                  Offline
                  Posted: March 15, 2014, 1:40 pm - IP Logged

                  What will I do with 400 million? Let me think...Unhappy

                    Avatar
                    Seattle, Washington
                    United States
                    Member #121158
                    January 3, 2012
                    87 Posts
                    Offline
                    Posted: March 15, 2014, 1:57 pm - IP Logged

                    Everyone back off; this Mega-Millions jackpot is MINE...  Smile

                      dpoly1's avatar - driver
                      PA
                      United States
                      Member #66141
                      October 16, 2008
                      1444 Posts
                      Offline
                      Posted: March 15, 2014, 2:19 pm - IP Logged

                      7th Largest Jackpot is just fine by me!

                      Dance

                      dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                       

                      Eschew Poverty ........... Vote Conservative!

                        KillerDemo's avatar - SFG
                        209 Cen-Cali
                        United States
                        Member #142162
                        May 4, 2013
                        46 Posts
                        Offline
                        Posted: March 15, 2014, 2:36 pm - IP Logged

                        Go California!  I'd be happy with 2nd place.

                          Marilyn222's avatar - 1975203 678005355574080_1381926342_n.jpg
                          Denver
                          United States
                          Member #117688
                          October 12, 2011
                          410 Posts
                          Offline
                          Posted: March 15, 2014, 2:50 pm - IP Logged

                          At least even just the thought of having it makes everybody happy...Hurray!

                            LottoMetro's avatar - Lottery-024.jpg
                            Happyland
                            United States
                            Member #146350
                            September 1, 2013
                            561 Posts
                            Offline
                            Posted: March 15, 2014, 2:54 pm - IP Logged

                            At least even just the thought of having it makes everybody happy...Hurray!

                            .....and then after somebody wins it, everyone else will be mopey Big Grin

                            I'm still holding out, want to see how high it will fly Thumbs Up

                            If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the payoff does.

                            If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                            2013: -35.14% (158 tickets) || 2014: +20.00% (13 tickets)