$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn Tuesday

Aug 5, 2023, 6:58 am (134 comments)

Mega Millions

Third-largest lottery jackpot in history

Cash value is more than three-quarters of a billion dollars

By Todd Northrop

Last night, the multi-state Mega Millions lottery game produced no top winner for the 31st consecutive drawing, prompting lottery officials to raise the game's jackpot to $1.55 billion — the largest jackpot in the game's 27-year history.

A winner who chooses the cash option would receive a lump-sum $757.2 million — three-quarters of a billion dollars in cash!

It's the stuff that a lottery player's dreams are made of: holding a lottery ticket for an upcoming Mega Millions drawing with the potential to transform your life in every way.

Do you choose the annuity, which has an initial payment of $23.3 million and increases the payment every year until the final payment of $96 million in the 29th year, or do you opt for the lump-sum cash payment of $757.2 million all at once?

You can weight the tax consequences of that choice state-by-state by visiting the Jackpot Analysis page at USA Mega, a website devoted to the Powerball and Mega Millions multi-state lottery games. The feature calculates both the initial withholdings and the final tax burden due at the end of the year, and even can show taxes calculated for different IRS filing statuses.

Someone will get to win that enormous pile of cash Tuesday night at 11:00 pm Eastern Time (8:00 pm Pacific).

Tuesday's $1.55 billion Mega Millions jackpot is the 3rd-largest lottery jackpot of any game in world history, and the $757.2 million lump-sum cash value stands as the 6th-largest ever (see full list below).

The current jackpot run-up started on Apr. 21 as a $20 million grand prize — it has been over 3 months since Mega Millions has had a jackpot winner.

The rush of ticket sales over the next few days may propel the jackpot to an even higher amount before the drawing takes place Tuesday. Lottery Post and USA Mega will update the jackpot tallies displayed if such an increase occurs.

In Friday night's Mega Millions drawing, there was no jackpot winner, but 9 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Louisiana, 1 from Michigan, 1 from Missouri, 1 from Nebraska, 1 from New York, 1 from Oklahoma, 2 from Tennessee, and 1 from Texas.

Two of the second-prize winners — one from Michigan and one from Tennessee — purchased their tickets with the Megaplier option for an extra $1 per play, multiplying their prizes to $2 million because the Megaplier number drawn was 2.

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 lottery 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.

A total of 128 tickets matched four of the first five numbers plus the Mega Ball to win a $10,000 prize. Of those tickets, 24 were purchased with the Megaplier option, increasing the prize to $20,000, and 20 were sold in California, where the prize awarded this drawing is $10,030.

The Mega Millions winning numbers for Friday, August 4, 2023, were 11, 30, 45, 52, and 56, with Mega Ball number 20. The Megaplier number was 2.

The complete payout information and official drawing video for Friday's drawing can be found at USA Mega's Mega Millions Drawing Detail page, as well as on the Mega Millions Prize Payouts page at Lottery Post.

Following the Friday drawing, the Mega Millions annuity jackpot estimate was raised $200 million from its previous amount of $1.35 billion. The cash value was raised by $97.7 million from its previous amount of $659.5 million.

Mega Millions tickets cost $2 each. For an extra $1 per ticket players can purchase the Megaplier option, which multiplies any non-jackpot won by up to 5 times, depending on the Megaplier number drawn that evening.

Mega Millions is currently offered for sale in 45 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Tuesdays at 11:00 pm Eastern Time.

Players looking for the nearest official lottery retailer — or maybe just a different store without such a long line — are urged to use the free Lottery Places app available for iOS, Android, and Windows. The app can find lottery stores in every Mega Millions state and can search across state lines — something even official state lotteries can't do.

Some states offer direct online sales, allowing players to bypass the store and purchase tickets from home. States that offer this ability include Michigan (Mega Millions and Powerball), Minnesota (Mega Millions and Powerball), Oregon (Mega Millions and Powerball), Texas (Mega Millions and Powerball), and Virginia (Mega Millions and Powerball). Note that some of these links will only work properly for residents of the states mentioned.

Players outside the USA can use a reputable butler service, which provides scanned copies of the purchased lottery tickets securely held on behalf of the customer. In the past, the lottery ticket service was used by people out side the USA to win big jackpots in Oregon and Florida.

Mega Millions 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

Friday's Mega Millions jackpot currently stands as the 3rd-largest lottery jackpot of all time, and the largest Mega Millions jackpot ever. Brisk sales may push the jackpot estimate higher by draw time.

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

  1. Powerball: $2.0401 billion, Nov. 7, 2022 (40 rollovers, starting at $20 million) - California
  2. Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) - California, Florida, Tennessee
  3. Mega Millions: $1.55 billion, Aug. 8, 2023 (31 rollovers, starting at $20 million) - Preliminary estimate, not won yet
  4. Mega Millions: $1.537 billion, Oct. 23, 2018 (25 rollovers, starting at $40 million) - South Carolina
  5. Mega Millions: $1.348 billion, Jan. 13, 2023 (25 rollovers, starting at $20 million) - Maine
  6. Mega Millions: $1.337 billion, Jul. 29, 2022 (29 rollovers, starting at $20 million) - Illinois
  7. Powerball: $1.0798 billion, Jul. 19, 2023 (38 rollovers, starting at $20 million) - California
  8. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) - Michigan
  9. Powerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) - Wisconsin
  10. Powerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) - Massachusetts
  11. Powerball: $754.6 million, Feb. 6, 2023 (33 rollovers, starting at $20 million) - Washington
  12. Powerball: $731.1 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) - Maryland
  13. Powerball: $699.8 million, Oct. 4, 2021 (40 rollovers, starting at $20 million) - California
  14. Powerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) - Iowa, New York
  15. Mega Millions: $656 million, Mar. 30, 2012 (18 rollovers, starting at $12 million) - Illinois, Kansas, Maryland
  16. Mega Millions: $648 million, Dec. 17, 2013 (21 rollovers, starting at $12 million) - California, Georgia
  17. Powerball: $632.6 million, Jan 5, 2022 (39 rollovers, starting at $20 million) - California, Wisconsin
  18. Powerball: $590.5 million, May 18, 2013 (13 rollovers, starting at $40 million) - Florida
  19. Powerball: $587.5 million, Nov. 28, 2012 (15 rollovers, starting at $40 million) - Arizona, Missouri
  20. Powerball: $564.1 million, Feb. 11, 2015 (20 rollovers, starting at $40 million) - North Carolina, Puerto Rico, Texas
  21. Powerball: $559.7 million, Jan. 6, 2018 (20 rollovers, starting at $40 million) - New Hampshire
  22. Mega Millions: $543 million, Jul. 24, 2018 (22 rollovers, starting at $40 million) - California
  23. Mega Millions: $536 million, Jul. 8, 2016 (34 rollovers, starting at $15 million) - Indiana
  24. Mega Millions: $533 million, Mar. 30, 2018 (23 rollovers, starting at $40 million) - New Jersey
  25. Mega Millions: $522 million, Jun. 7, 2019 (24 rollovers, starting at $40 million) - California

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

  • Powerball: 14
  • Mega Millions: 11

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 6th-largest cash value in U.S. history.

  1. Powerball: $997.6 million cash, Nov. 7, 2022 ($2.0401 billion annuity) - California
  2. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  3. Mega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) - South Carolina
  4. Mega Millions: $780.5 million cash, Jul. 29, 2022 ($1.337 billion annuity) - Illinois
  5. Mega Millions: $776.6 million cash, Jan. 22, 2021 ($1.05 billion annuity) - Michigan
  6. Mega Millions: $757.2 million cash, Aug. 8, 2023 ($1.55 billion annuity) - Preliminary estimate, not won yet
  7. Mega Millions: $723.5 million cash, Jan. 13, 2023 ($1.348 billion annuity) - Maine
  8. Powerball: $558.1 million cash, Jul. 19, 2023 ($1.0798 billion annuity) - California
  9. Powerball: $546.8 million cash, Jan. 20, 2021 ($731.1 million annuity) - Maryland
  10. Powerball: $496 million cash, Oct. 4, 2021 ($699.8 million annuity) - California
  11. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
  12. Powerball: $477 million cash, Mar. 27, 2019 ($768.4 million annuity) - Wisconsin
  13. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  14. Powerball: $450.2 million cash, Jan. 5, 2022 ($632.6 million annuity) - California, Wisconsin
  15. Powerball: $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) - Washington
  16. Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) - Iowa, New York
  17. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  18. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  19. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana
  20. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  21. Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) - New Hampshire
  22. Mega Millions: $349.3 million cash, May 21, 2021 ($516 million annuity) - Pennsylvania
  23. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($648 million annuity) - California, Georgia
  24. Powerball: $341.7 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire
  25. Mega Millions: $340 million cash, Jun. 7, 2019 ($522 million annuity) - California

The number of cash value jackpots in the top 25, by lottery game, are:

  • Powerball: 15
  • Mega Millions: 10

Lottery Post Staff

Comments

whiteballz's avatarwhiteballz

Let me win please.

hearsetrax's avatarhearsetrax

CDanaT's avatarCDanaT

While I was not one of the 2 winners of the 2nd place prize from TN, I am  going to have to update the sharing list..AGAIN........Onward for Tuesday we go. Good luck to all LP members

welington

Will it be California again? Good 👍 luck 🤞 to all

Kandiapple

My prediction was right it rolled again and it will surpass the record from 2018.

Bleudog101

Best of luck to LP members.

PrisonerSix

Quote: Originally posted by CDanaT on Aug 5, 2023

While I was not one of the 2 winners of the 2nd place prize from TN, I am  going to have to update the sharing list..AGAIN........Onward for Tuesday we go. Good luck to all LP members

I wasn't the match 5 winner in Louisiana, but I'll be in again on Tuesday.

Wildbill78's avatarWildbill78

Well! I guess I'll be funding buying more tickets! You got to be in it to win it no matter how you feel about it! If the guy from California who won $2 Billion could win it and decide to show his face and waste hundreds of thousands of dollars on security why not me. Everyone has a chance 🤷🏾‍♂️

NJPiney's avatarNJPiney

Good luck everyone 🍀🤞👍

wander73's avatarwander73

I hope there's a winner,  Tuesday. 

I don't think half the members on this site would know what to do with it, and everybody just keeps getting all hyped up technically over nothing

EnReval

Downer

wander73's avatarwander73

Quote: Originally posted by Kandiapple on Aug 5, 2023

My prediction was right it rolled again and it will surpass the record from 2018.

thats up to them.  I don't quite believe the amts.  It should be past $1.9

Todd's avatarTodd

Anyone who wants a refresher on how jackpots are calculated and the difference between the cash and annuities should check out the excellent video Kate put together on the subject: https://www.lotterypost.com/news/340649

Artist77's avatarArtist77

I think the next drawing date 8-8 is considered one of the luckiest days of the year. 

I just bought one ticket online. I aim for 2nd place. Too much stress and time to manage all of that jp money.

noise-gate

*  Curious: Almost every 2nd prize winner followed the Alphabet, with a few exceptions at the end.

*California willingly surrendered the 2nd prize in last night's drawing, in order to go for the whole enchilada. California cares..

zephbe's avatarzephbe

Hope it's more than one winner--spread the wealth around

wander73's avatarwander73

Quote: Originally posted by Artist77 on Aug 5, 2023

I think the next drawing date 8-8 is considered one of the luckiest days of the year. 

I just bought one ticket online. I aim for 2nd place. Too much stress and time to manage all of that jp money.

Donald trump =88

PrisonerSix

Quote: Originally posted by zephbe on Aug 5, 2023

Hope it's more than one winner--spread the wealth around

Mote than one, but not too many.

Artist77's avatarArtist77

Considering the size of the jp last drawing, normally we would have had more 2nd place winners.

Here's hoping for 100 plus 2nd place winners on 8-8.

Good luck to all.🍀

noise-gate

* One cannot fight destiny.  It will be CA, whether they pull it off alone or with other State winners. That's how the West was won,being both generous & fearless. You heard it here first.

EnReval

So u think the other winners got the time to join in on the shenanigans?

mightwin1's avatarmightwin1

Good luck to everyone on Tuesday!!🍻

JustMaybe

 Oh well, here we go again.

I invested 9$ in the last draw - 3 lines with MP.

Did not match even a single digit 🤣🤣🤣

But who are we to give up - never say never.

So the next drawing the prize is .....

$ 1,549,999,991 plus my $9 = $1,550,000,000.

You and me are all entitled to win because we put our $$$ into it.

Never disqualify yourself.

I have always been a Cash Option fan, but the Annuity is so tempting. At 40 years, if I consistently eat my fruits and vegetables -  I think I could see 69 🕺🕺 

Good luck to all.

Think's avatarThink

Well I got a ticket and logically I know it can win  but I just don't feel it because it has a similar pattern to the last numbers drawn...Maybe the RNG is telling me to pick em myself..

JustMaybe

Quote: Originally posted by Think on Aug 5, 2023

Well I got a ticket and logically I know it can win  but I just don't feel it because it has a similar pattern to the last numbers drawn...Maybe the RNG is telling me to pick em myself..

Hahahaha I totally feel you in this one.

I bought a QP for tonight's PB drawing and it has 2 digits from the last drawing (23 and 24) the powerball # in the last drawing was # 5. On my ticket I have # 4.

Lots of similarities but then they say each drawing is distinct from the last and the fact that a number was draw in the previous drawing does not disqualify it from being drawn again.

Got my fingers crossed.

I wish you luck 😁

Mwatcher

Good Luck to the Players!

Brock Lee's avatarBrock Lee

Quote: Originally posted by JustMaybe on Aug 5, 2023

 Oh well, here we go again.

I invested 9$ in the last draw - 3 lines with MP.

Did not match even a single digit 🤣🤣🤣

But who are we to give up - never say never.

So the next drawing the prize is .....

$ 1,549,999,991 plus my $9 = $1,550,000,000.

You and me are all entitled to win because we put our $$$ into it.

Never disqualify yourself.

I have always been a Cash Option fan, but the Annuity is so tempting. At 40 years, if I consistently eat my fruits and vegetables -  I think I could see 69 🕺🕺 

Good luck to all.

you need to be at least 18 to see 69.

ShagE3

I think the very first thing I'll do after winning the megamillions on Tuesday is to call my proctologist because I am a real pain in the a** and I'll be 1.5 billion times worse when I collect my prize.

PS Who cut the cheese on this board?

 

Reminder to everyone ... Should you happen to win and not me and you find out about it while you are in the water closet remember to flush and wash your hands .... You may be rich but you don't want to be filthy rich.

JustMaybe

Quote: Originally posted by Brock Lee on Aug 5, 2023

you need to be at least 18 to see 69.

Hahahaha if am 18 now, I will be 47 when I get my last annuity after 29 years.

One could be broke by the time they are 70 even with annuity lol.

JustMaybe

Quote: Originally posted by Brock Lee on Aug 5, 2023

you need to be at least 18 to see 69.

I just had an aha moment and got the joke - where I live if you are 16 you qualify to see 69 🤣🤣🤣🤣🤣

cinjo59's avatarcinjo59

 👍   YO  WORD UP. JUST HEARD -  THE WORD IS NEWS WILL SOON DROP REGARDING A HUGE POWERBALL JACKPOT THAT WAS WON IN JERSEY A FEW YEARS AGO. WE'RE TOLD IT WILL BE MORE SENSATIONAL THAN TIPTON. WE ALL ASKED WHO DROPPED THIS, IT WASN'T THE TWITTER BIRD, ITS BEEN X'ED OUT, SOMETHING  STOMPED ON HIS LITTLE ASS, SMASHED, RUBBED OUT. WE'RE TOLD TO STAY TUNED, GREED HAS LET THE CAT OUT OF THE BAG. GREED & HIS BUDDY AVARICE WILL DESTROY EVERYTIME. 😆 

Brock Lee's avatarBrock Lee

Quote: Originally posted by cinjo59 on Aug 6, 2023

 👍   YO  WORD UP. JUST HEARD -  THE WORD IS NEWS WILL SOON DROP REGARDING A HUGE POWERBALL JACKPOT THAT WAS WON IN JERSEY A FEW YEARS AGO. WE'RE TOLD IT WILL BE MORE SENSATIONAL THAN TIPTON. WE ALL ASKED WHO DROPPED THIS, IT WASN'T THE TWITTER BIRD, ITS BEEN X'ED OUT, SOMETHING  STOMPED ON HIS LITTLE ASS, SMASHED, RUBBED OUT. WE'RE TOLD TO STAY TUNED, GREED HAS LET THE CAT OUT OF THE BAG. GREED & HIS BUDDY AVARICE WILL DESTROY EVERYTIME. 😆 

man i hate it when people yell at me in comic sans.

PrisonerSix

Quote: Originally posted by JustMaybe on Aug 5, 2023

Hahahaha if am 18 now, I will be 47 when I get my last annuity after 29 years.

One could be broke by the time they are 70 even with annuity lol.

Sadly that is very true.

Bleudog101

Am thinking the kitty will go up by @ least $15 million more come draw time.

HumanBlade666

Excited for Tuesdays drawing. I hope that if there is a winner someone from LP group wins big! Best of luck to all of you and I hope that you are able to do good in this world for whoever wins!

Ziopic$'s avatarZiopic$

How much will federal taxes be on this amount? 50%???

mightwin1's avatarmightwin1

Quote: Originally posted by Ziopic$ on Aug 6, 2023

How much will federal taxes be on this amount? 50%???

37%

alexnt55

If there are no winners Tuesday i wonder how high the next drawing will be for. I used to be able to tell but forget what site would show it.

EnReval

If no winner, I think maybe increase $300mil to 1.9

cinjo59's avatarcinjo59

Geez. Is it something from your childhood?

JustMaybe

Quote: Originally posted by HumanBlade666 on Aug 6, 2023

Excited for Tuesdays drawing. I hope that if there is a winner someone from LP group wins big! Best of luck to all of you and I hope that you are able to do good in this world for whoever wins!

Thanks for the wishes.

I plan to do a lot of good.

The amount is just so astronomical not to do any good.

I believe earth, air, wind and water would be very disappointed with me if I did not do any good.

TheMeatman2005's avatarTheMeatman2005

While everyone is looking to win MM, I will sneak in there tonight and take home a PB jackpot.

I know it's only $174 Mil ($71.1 Mil CV) but, you won't hear me complain.

Good luck all!

Think's avatarThink

Quote: Originally posted by JustMaybe on Aug 5, 2023

Hahahaha if am 18 now, I will be 47 when I get my last annuity after 29 years.

One could be broke by the time they are 70 even with annuity lol.

The way the annuity is set up I don't see why many people older than 56 would take it.  They really should offer a choice of annuities with 20, 25 and maybe 30 year flat payments along with the one they offer now.

I don't see who, in their right mind, over 60 would want an increasing annuity.  The annuity payment structure right now on both PB and MM is very ageist!

Bleudog101

One of the investors on The Shark Tank had a video on YouTube.  He boasted that annuity is the way to go no questions about it.

 

So if you take an annuity I thought you'd be in a high tax bracket year after year?

 

Am curious about states like mine that will cut separate checks for a lotto club for instance---in store purchases only do they cut separate checks for 29 years?   I seriously doubt it.  If the mood hits me will send a PM to KLC on their FB page and ask the experts.

PrisonerSix

Quote: Originally posted by TheMeatman2005 on Aug 7, 2023

While everyone is looking to win MM, I will sneak in there tonight and take home a PB jackpot.

I know it's only $174 Mil ($71.1 Mil CV) but, you won't hear me complain.

Good luck all!

I have a PB ticket too and I wouldn't mind sneaking in either!

EnReval

If you take annuity in an anonymous state, they will announce your name 30days after

annuity is nice but most people don't want their name published

JustMaybe

Quote: Originally posted by TheMeatman2005 on Aug 7, 2023

While everyone is looking to win MM, I will sneak in there tonight and take home a PB jackpot.

I know it's only $174 Mil ($71.1 Mil CV) but, you won't hear me complain.

Good luck all!

I tried doing that during the last draw, I thought I was the only one who had such a brilliant idea - turned out 10 million other people thought the same way.

But who knows, maybe today no one would be looking, just you and me and 20 million other people  🤣🤣🤣

JustMaybe

Quote: Originally posted by Think on Aug 7, 2023

The way the annuity is set up I don't see why many people older than 56 would take it.  They really should offer a choice of annuities with 20, 25 and maybe 30 year flat payments along with the one they offer now.

I don't see who, in their right mind, over 60 would want an increasing annuity.  The annuity payment structure right now on both PB and MM is very ageist!

That would be a great idea.

However, I think and I could be wrong, that they base the duration 29/30 years on the interest earned. That's why the cash option is significantly less because that's the cash in hand. The annuity option on the other hand is based on returns on the invested amount.

Thus they need a bigger window for that and probably buy the 30 year Treasury Bond.

JustMaybe

Quote: Originally posted by Bleudog101 on Aug 7, 2023

One of the investors on The Shark Tank had a video on YouTube.  He boasted that annuity is the way to go no questions about it.

 

So if you take an annuity I thought you'd be in a high tax bracket year after year?

 

Am curious about states like mine that will cut separate checks for a lotto club for instance---in store purchases only do they cut separate checks for 29 years?   I seriously doubt it.  If the mood hits me will send a PM to KLC on their FB page and ask the experts.

One of the flip sides of taking the annuity is that you are only certain of the current year tax bracket.

In the following years, the tax could go up, go down or remain the same. That's one of the gamble as far as taxes are concerned with annuity.

With a win this high it doesn't really matter because you'll be getting paid more than the max for all filing status, so you'll be in the current 37% tax bracket for the next 29 years if the tax brackets remain constant.

DDBagger519

Quote: Originally posted by JustMaybe on Aug 7, 2023

One of the flip sides of taking the annuity is that you are only certain of the current year tax bracket.

In the following years, the tax could go up, go down or remain the same. That's one of the gamble as far as taxes are concerned with annuity.

With a win this high it doesn't really matter because you'll be getting paid more than the max for all filing status, so you'll be in the current 37% tax bracket for the next 29 years if the tax brackets remain constant.

Let's be honest here.  You have a better chance of winning the lottery than taxes going down.  Another thing to consider, federal taxes are due to go up about 2.6% in 2026.  And, unfortunately, I live in Taxachusetts where they just increased the income tax rate from 5% to 9% for those that earn $1 million+ per year.

ekem6078's avatarekem6078

🤣I'm not greedy, just let me win One Mill🤣

Bleudog101

For those who this is offered, is anyone going to do 'Just the Jackpot?'    Sometimes I do, but not certain if the IGT machine end of road even has this on the screen.   Usually play it @ home, but no money in there to play!!

 

It appears from their answer that Kentucky will cut separate checks for group play annuity win.   Kind of surprised me.  Will check later to see if they responded to my reply that if it were up to me it would be cash option multi checks cut...but I don't write the rules do I?   LOL.

EnReval

I will play Just the Jackpot today

Bleudog101

Quote: Originally posted by EnReval on Aug 7, 2023

I will play Just the Jackpot today

I just did, there she was on the big blue IGT machine ready to bite me.

 

Trucker came in.   Rig #249, so played that straight for mid-day.

Mogisx

You guys think the Jackpot will increase to 1.6b before the drawing? Also, hello good people it's been a long time since I've logged in.

😆

Bleudog101

Quote: Originally posted by Mogisx on Aug 7, 2023

You guys think the Jackpot will increase to 1.6b before the drawing? Also, hello good people it's been a long time since I've logged in.

😆

I thought another $15 million or so by then.  If PB hit tonight, MM will really soar to even higher heights!

KY Floyd's avatarKY Floyd

"If there are no winners Tuesday i wonder how high the next drawing will be for. "

I'm surprised that it's past 3 on Monday afternoon and they haven't bumped it up yet. The last increases was roughly $250 million, from 1.1 to 1.35 billion, so you'd think that this one would increase by at least that much and that by now they'd have plenty of sales data for the confidence to announce a higher jackpot unless sales have been a bit lackluster. I'd expect that this one should make it somewhere past 1.6, and that a rollover would get to at least 1.9, though we might see an initial advertisement of 1.8 or 1.85. We should see that around noon (eastern) tomorrow: https://www.texaslottery.com/export/sites/lottery/Games/Mega_Millions/Estimated_Jackpot.html
https://www.texaslottery.com/export/sites/lottery/Games/Powerball/Estimated_Jackpot.html

"I don't see who, in their right mind, over 60 would want an increasing annuity "

The lotteries will tell you that the annual increases are to account for inflation, and it you get $1 million in the first year here's something to be said for getting  a present day equivalent in future years. That said, I'm pretty sure that the real point of the graduated annuity is inflating the claimed jackpot they can advertise. Other than inflating the jackpot I can't think of any sensible reason to have increased the duration of the annuity.

"He boasted that annuity is the way to go no questions about it. "

I suspect they're getting  a ROI that would make the annuity really stupid, but I also suspect that they think the average person has no clue about managing large amounts of money, and that they think a lot of people are just plain stupid. It's harder to squander $50 million or more, but we know how many past winners have managed to lose $5 to 20 million. Other than  calling JG Wentworth annual payments make it much harder to lose much more than this year's payment.

"So if you take an annuity I thought you'd be in a high tax bracket year after year? "

If you win a $20 million annuity the first payment will only be about 300k. If you're married that's potentially taxed at a maximum of 24% depending on your other income. Even if the first payment is $30 million the effective rate on the first million is 32.8%, so $42,000 less than on the next million. Over 30 years that's $1.26 million less income tax if none of the parameters change. Of course the parameters will change, but in the future the lower tax brackets will probably apply to more of the income. Of course unless you're trying to go broke there's a good chance that taking the lump sum would still result in enough annual income to be paying the highest rate on some of your income.

brees2012's avatarbrees2012

Question. 

This is after all the taxes and it says you are paid $355 million, are there more money that will be taken out

to pay uncle sam?    Just curious!                               jackpot analysis

JustMaybe

Quote: Originally posted by Bleudog101 on Aug 7, 2023

For those who this is offered, is anyone going to do 'Just the Jackpot?'    Sometimes I do, but not certain if the IGT machine end of road even has this on the screen.   Usually play it @ home, but no money in there to play!!

 

It appears from their answer that Kentucky will cut separate checks for group play annuity win.   Kind of surprised me.  Will check later to see if they responded to my reply that if it were up to me it would be cash option multi checks cut...but I don't write the rules do I?   LOL.

I have always thought about playing just the jackpot.

But this silly voice in my head always tells me that the day I decide to do that is the day that I will win a second tier prize.

And  just like that I will watch the one million go down the drain.

The horror! The horrors!!

🥵🥵🥵

wander73's avatarwander73

Ill be honest with anyone ,  I think it goes up and next week a winner or two. 

 

Trump= 88.  just like back to the future.

EnReval

Well do what I do

purchase or then replay the same numbers 

know it's more $$ but at least you save $1

lol

Murgatroyd

Quote: Originally posted by brees2012 on Aug 7, 2023

Question. 

This is after all the taxes and it says you are paid $355 million, are there more money that will be taken out

to pay uncle sam?    Just curious!                               jackpot analysis

Here's how it goes.

The cash option is 757 million.

Before you see any of it, the lottery agency will take out 182 million and send it to the IRS for the legally required tax withholding.

You get a check for 575 million.

You still owe the IRS an additional 98 million no later than next April 15.

That leaves you with 477 million.

Depending on where you live and/or bought your ticket, your state income tax will be somewhere between zero (in states without income tax or where lottery winnings are exempt) and 75 million (in New York). A few cities (for example, NYC) also have a local income tax.

What's left after that is yours to keep.

sully16's avatarsully16

Quote: Originally posted by CDanaT on Aug 5, 2023

While I was not one of the 2 winners of the 2nd place prize from TN, I am  going to have to update the sharing list..AGAIN........Onward for Tuesday we go. Good luck to all LP members

Good luck to you as well, fingers crossed everybody.

SoCola

Quote: Originally posted by Murgatroyd on Aug 7, 2023

Here's how it goes.

The cash option is 757 million.

Before you see any of it, the lottery agency will take out 182 million and send it to the IRS for the legally required tax withholding.

You get a check for 575 million.

You still owe the IRS an additional 98 million no later than next April 15.

That leaves you with 477 million.

Depending on where you live and/or bought your ticket, your state income tax will be somewhere between zero (in states without income tax or where lottery winnings are exempt) and 75 million (in New York). A few cities (for example, NYC) also have a local income tax.

What's left after that is yours to keep.

Its my understanding you can use 30% off the top to create a non profit. That would be 227,160,000. Then total federal taxes would be 196,114,800.  Your personal amount would be 333,925,200. But you would also have the $227... avail for charitable causes for a total of 561,085,200. If thats correct you could save almost 100 million in taxes.

TwoMillion

last night, Dr. Emmett Brown flew his Delorean "Back from the Future", and told me don't play these following numbers below for the tomorrow draw.

11 30 45 52 56 20     
8 24 30 45 61 12     
5 10 28 52 63 18     
3 5 6 44 61 25
29 40 47 50 57 25

 

but he told me to play these numbers:

1 13 25 27 62 / 9

EnReval

I like 4oddz n 1 even

JustMaybe

Quote: Originally posted by SoCola on Aug 7, 2023

Its my understanding you can use 30% off the top to create a non profit. That would be 227,160,000. Then total federal taxes would be 196,114,800.  Your personal amount would be 333,925,200. But you would also have the $227... avail for charitable causes for a total of 561,085,200. If thats correct you could save almost 100 million in taxes.

If my initial personal amount is 477M plus.

But as a result of reducing taxes through charitable giving my new personal amount is 333M plus.

I don't think I will have saved 100M in taxes.

I would have lost 144M in personal amount.

The 227M once given to charity as an endowment doesn't belong to the winner. Yes you could have it in a Donor Advised Fund but still one can't revert it to themselves.

You can't include it in your net worth and say that I am worth 333M and another 227M that I gave away 😁

I would love to see a tax strategy where if my take home before charitable deductions is 477M, my new take home is 477M or more after the tax deductions strategies.

Most, if not all lottery winners tax strategies reduce your tax amount and equally reduce your take home amounts.

SoCola

Quote: Originally posted by JustMaybe on Aug 8, 2023

If my initial personal amount is 477M plus.

But as a result of reducing taxes through charitable giving my new personal amount is 333M plus.

I don't think I will have saved 100M in taxes.

I would have lost 144M in personal amount.

The 227M once given to charity as an endowment doesn't belong to the winner. Yes you could have it in a Donor Advised Fund but still one can't revert it to themselves.

You can't include it in your net worth and say that I am worth 333M and another 227M that I gave away 😁

I would love to see a tax strategy where if my take home before charitable deductions is 477M, my new take home is 477M or more after the tax deductions strategies.

Most, if not all lottery winners tax strategies reduce your tax amount and equally reduce your take home amounts.

I'm not saying its part of your net worth. And no it can't revert back to you.  Im saying its available to you to decide how its spent.  Ethics aside, wealthy people use this strategy to buy influence and access. And with so many lottery players saying they would donate to charity, its just something to consider.

viceroy2's avatarviceroy2

Quote: Originally posted by TwoMillion on Aug 7, 2023

last night, Dr. Emmett Brown flew his Delorean "Back from the Future", and told me don't play these following numbers below for the tomorrow draw.

11 30 45 52 56 20     
8 24 30 45 61 12     
5 10 28 52 63 18     
3 5 6 44 61 25
29 40 47 50 57 25

 

but he told me to play these numbers:

1 13 25 27 62 / 9

well... we'll see if you're right, or rather, Doc Brown wasn't steering you towards dud numbers

CDanaT's avatarCDanaT

Quote: Originally posted by brees2012 on Aug 7, 2023

Question. 

This is after all the taxes and it says you are paid $355 million, are there more money that will be taken out

to pay uncle sam?    Just curious!                               jackpot analysis

This should help you with taxes:

https://www.usamega.com/mega-millions/jackpot

JustMaybe

Quote: Originally posted by SoCola on Aug 8, 2023

I'm not saying its part of your net worth. And no it can't revert back to you.  Im saying its available to you to decide how its spent.  Ethics aside, wealthy people use this strategy to buy influence and access. And with so many lottery players saying they would donate to charity, its just something to consider.

I am glad that we agree in part.

It's also good that you said "Ethics aside" because where the rubber meets the road most rich people are only looking out for their interest.

I am heavily involved with private foundations and over the years I can tell you for free that most rich people are not generous - they don't give because they have a generous heart, they give because of whats in it for them. The tax breaks.

"Im saying its available to you to decide how its spent."

That right there👆 is the biggest problem. They give with the right hand and hold onto it with the left hand 🥵 They park billions into DAFs, get the tax breaks and deductions, but then hold onto it year after year never wanting to relinquish control 🤷🏾‍♂️

You'll notice that most charitable giving happens in the last two weeks of December. By then the rich have worked out their annual income, their expected taxes and finally how much they can "give" to maximize on tax breaks and deductions.

But again that's a story for another day.

I wish you luck in todays drawing and should you win, give because what you are giving to is dear to your heart, whether it earns you a tax deduction or not 👍.

Have a good day.

hearsetrax's avatarhearsetrax

to a most curious evening and to those that have jinxed themselves

PrisonerSix

Quote: Originally posted by JustMaybe on Aug 8, 2023

I am glad that we agree in part.

It's also good that you said "Ethics aside" because where the rubber meets the road most rich people are only looking out for their interest.

I am heavily involved with private foundations and over the years I can tell you for free that most rich people are not generous - they don't give because they have a generous heart, they give because of whats in it for them. The tax breaks.

"Im saying its available to you to decide how its spent."

That right there👆 is the biggest problem. They give with the right hand and hold onto it with the left hand 🥵 They park billions into DAFs, get the tax breaks and deductions, but then hold onto it year after year never wanting to relinquish control 🤷🏾‍♂️

You'll notice that most charitable giving happens in the last two weeks of December. By then the rich have worked out their annual income, their expected taxes and finally how much they can "give" to maximize on tax breaks and deductions.

But again that's a story for another day.

I wish you luck in todays drawing and should you win, give because what you are giving to is dear to your heart, whether it earns you a tax deduction or not 👍.

Have a good day.

Well said.

Good luck to you and all the other MM players out there.

Todd's avatarTodd

The jackpot was increased to $1.58 billion, with a cash option of $783.3 million.

Now the 4th-largest cash option in history!

EnReval

Well, is it now #2 for annuity?

adamc224

Quote: Originally posted by EnReval on Aug 8, 2023

Well, is it now #2 for annuity?

Maybe after sales calculation it will be number two. But honestly i think it will roll. Not enough sale through is happening. According to the estimate from TX there is only a 40% coverage. It could still hit, you never know.

PrisonerSix

Quote: Originally posted by EnReval on Aug 8, 2023

Well, is it now #2 for annuity?

Still #3 for annuity but highest MM ever!

PrisonerSix

Quote: Originally posted by adamc224 on Aug 8, 2023

Maybe after sales calculation it will be number two. But honestly i think it will roll. Not enough sale through is happening. According to the estimate from TX there is only a 40% coverage. It could still hit, you never know.

I have 6 tickets and my wife has 3, hope that will be enough.

Todd's avatarTodd

Quote: Originally posted by EnReval on Aug 8, 2023

Well, is it now #2 for annuity?

Still the third-largest annuity jackpot ever.  The second-largest is the $1.5864 billion Powerball jackpot from Jan. 13, 2016 (see top 25 lists in the story above).

EnReval

We need 3.5mil more to be #2

EnReval

Thank you 

gonna buy $2 qp and work fr that one

Bleudog101

I did buy two more  MM/MP after I saw a rescue PB/PP ticket taped to their machine.  Nice gal said I thought of you when I saw it...do you want it??   Yes, I bought him!

haymaker's avatarhaymaker

IMHO the "just the jackot" is a terrible option, they're giving you a extra ticket but just look at what you're giving up.

EnReval

Wonder why they won't increase bk to 40mil to start

Bleudog101

Quote: Originally posted by haymaker on Aug 8, 2023

IMHO the "just the jackot" is a terrible option, they're giving you a extra ticket but just look at what you're giving up.

Though I agree with you 100%, the urge to mash the button came so I hit it.

Brock Lee's avatarBrock Lee

Quote: Originally posted by Bleudog101 on Aug 8, 2023

Though I agree with you 100%, the urge to mash the button came so I hit it.

you may have a gambling problem.

DDBagger519

Quote: Originally posted by EnReval on Aug 8, 2023

Wonder why they won't increase bk to 40mil to start

Ticket sales for Powerball and Mega Millions were slowing prior to the pandemic.  The pandemic gave them an excuse to lower the starting amount to $20 mill.  And, they no longer have to guarantee a minimum bump between draws.  Prior to the pandemic it was $5 mill for Mega, and $10 mill for Powerball.  Now that they've made the change, they aren't able to change it back unless all states that participate in the MUSL also agree to the change.

welington

It's winning time folks. Everyone jumps in over a billion. Jackpot only this time. Good 👍 luck LP players. We will see which state is next .

winoneday

Quote: Originally posted by haymaker on Aug 8, 2023

IMHO the "just the jackot" is a terrible option, they're giving you a extra ticket but just look at what you're giving up.

"Just the jackpot" is a great option for playing in a pool.

I am currently in a pool in California. I wish I could join a pool in a state with "just the jackpot" option and no state tax.

I like that California has no state tax. Makes a big difference when the jackpot is being split many ways.

Mwatcher

Is it draw time yet???  😀

EnReval

Austin Austin Austin

would like to know how close we r in sales of all combinations 

spent $50 since last Friday with multi-draws until next week

 

where the last PB winner at?

Poo Nanny's avatarPoo Nanny

I am honestly surprised how low sales have been once it got to a Billion. A 30 million bump was just a rounding error when the pots first started getting to a billion.

Big Joey

They raised the Jackpot to $1.58 Billion Annuity, & $783.3 Million Cash Option!◝(⁰▿⁰)◜

TheMeatman2005's avatarTheMeatman2005

Quote: Originally posted by winoneday on Aug 8, 2023

"Just the jackpot" is a great option for playing in a pool.

I am currently in a pool in California. I wish I could join a pool in a state with "just the jackpot" option and no state tax.

I like that California has no state tax. Makes a big difference when the jackpot is being split many ways.

"Just the jackpot" is a great option for playing in a pool. "

No, it's not!

Let's say there are 20 people in your pool and you get the five white balls which would normally be worth $1,000,000 (or $2 mil or more if multiplier is purchased) your pool gets ZERO, ZILCH, NADA, $0.

So now, in stead of everyone in the pool getting $50,000 (or $100,000 or more with Megaplier) you don't get anything. 

Sorry, but "Just the Jackpot" is not a great option at all.

KY Floyd's avatarKY Floyd

"Maybe after sales calculation it will be number two. "

The TX MM worksheet is reporting the supported jackpot as $1,588,588,007. If they manage that it wil be the #2 annuity by a modest margin, but even if it gets past 1.6 the cash will miss the 3rd place position by about $80 million and the 2nd place position by almost $200 million.

A roll will give us an advertised jackpot starting at $1.8 billion, and $892.4 million cash. That will still be almost $100 million shy of 2nd place. It would need t o be almost $200 million higher than the advertised annuity to reach the 2nd place cash value. A week ago I would have figured 1.350 to 1.990 in 2 rolls was a sure thing, but now I'm not at all confident about getting that high.  At this point I'm almost certain it needs to roll to next Tuesday to take take #1 spot back from PB.

"would like to know how close we r in sales of all combinations "

Depending on just how many non-random tickets have been played (patterns, calendar numbers, etc) about 40 to 41.5% of combinations should be in play, based on the sales estimate of 162.6 million tickets.

MeintooL

I'll take the annuity.... I just want a garage with a lift, is that too much to ask?

winoneday

Quote: Originally posted by TheMeatman2005 on Aug 8, 2023

"Just the jackpot" is a great option for playing in a pool. "

No, it's not!

Let's say there are 20 people in your pool and you get the five white balls which would normally be worth $1,000,000 (or $2 mil or more if multiplier is purchased) your pool gets ZERO, ZILCH, NADA, $0.

So now, in stead of everyone in the pool getting $50,000 (or $100,000 or more with Megaplier) you don't get anything. 

Sorry, but "Just the Jackpot" is not a great option at all.

I disagree,

The point of playing the lottery is win a large sum of money.

Joining a pool when the jackpot is very large works towards that aim.

With the "just the jackpot" the pool gets more tickets and more chances of winning the jackpot.

Now of course, there are many people in this group that believe buying more tickets does not increase the chances of winning. I hope you are not one of those.

EnReval

So random has a lot to do with sales? Is it bcuz the machine cld qp the same numbers?

EnReval

Just the jkpot wld mean more tkt combinations sold but what if u only hit 5 numbers u get nothing

TheMeatman2005's avatarTheMeatman2005

Quote: Originally posted by winoneday on Aug 8, 2023

I disagree,

The point of playing the lottery is win a large sum of money.

Joining a pool when the jackpot is very large works towards that aim.

With the "just the jackpot" the pool gets more tickets and more chances of winning the jackpot.

Now of course, there are many people in this group that believe buying more tickets does not increase the chances of winning. I hope you are not one of those.

More tickets means more chances to win, but the odds of winning are always the same.... somewhere between slim and none.

PrisonerSix

Quote: Originally posted by EnReval on Aug 8, 2023

So random has a lot to do with sales? Is it bcuz the machine cld qp the same numbers?

When it comes to "random," I've actually used more than one random number generator to pick my numbers. I used the terminal plus a couple of different online random number generators, which will appear to the Lottery as if I picked the numbers because I had to fill out playslips for them. 

Whether any of these methods will work, I'll have to wait and see.

winoneday

Quote: Originally posted by EnReval on Aug 8, 2023

Just the jkpot wld mean more tkt combinations sold but what if u only hit 5 numbers u get nothing

And if you hit no numbers you get nothing.

winoneday

Quote: Originally posted by TheMeatman2005 on Aug 8, 2023

More tickets means more chances to win, but the odds of winning are always the same.... somewhere between slim and none.

No, please, not one of those with no understanding of mathematics.

Brock Lee's avatarBrock Lee

one time i played the lottery in a pool. the tickets got all wet and the numbers and barcode were unreadable. 0/10 do not recommend

wander73's avatarwander73

$1.58 as of now so maybe a bit above.   I think no one hits and i want to find out what it might be friday night.

Murgatroyd

Quote: Originally posted by winoneday on Aug 8, 2023

I disagree,

The point of playing the lottery is win a large sum of money.

Joining a pool when the jackpot is very large works towards that aim.

With the "just the jackpot" the pool gets more tickets and more chances of winning the jackpot.

Now of course, there are many people in this group that believe buying more tickets does not increase the chances of winning. I hope you are not one of those.

The question here is whether gaining one chance at the jackpot (per $6 spent) is worth losing 72 chances at a million.

mightwin1's avatarmightwin1

Consecutive numbers twice....maybe a roll, time will tell.......

winoneday

Quote: Originally posted by Murgatroyd on Aug 8, 2023

The question here is whether gaining one chance at the jackpot (per $6 spent) is worth losing 72 chances at a million.

When the jackpot is large, the expected value of a "just the jackpot" ticket is much higher than a regular ticket.

This makes it ideal for playing in a pool. For individual play, one is better off buying regular tickets.

PrisonerSix

Quote: Originally posted by mightwin1 on Aug 8, 2023

Consecutive numbers twice....maybe a roll, time will tell.......

I didn't win anything, but my wife won $4 matching the MegaBall with MegaPlier. How that gets spent depends on tonight's results.

Wait and see.

jack27

I think  I'm a billionaire!! ! OMG

CDanaT's avatarCDanaT

Quote: Originally posted by PrisonerSix on Aug 8, 2023

I didn't win anything, but my wife won $4 matching the MegaBall with MegaPlier. How that gets spent depends on tonight's results.

Wait and see.

Had the 13 and 33 on a single line, the 19 on another single line and the 20 on another single line....and the Megaball all by its lonesome on another line.         will it roll ??    probably not

wander73's avatarwander73

Quote: Originally posted by CDanaT on Aug 9, 2023

Had the 13 and 33 on a single line, the 19 on another single line and the 20 on another single line....and the Megaball all by its lonesome on another line.         will it roll ??    probably not

1.8 according to delaware lottery.  so either fri or next week.

jack27

Ok we'll  see

CDanaT's avatarCDanaT

Quote: Originally posted by wander73 on Aug 9, 2023

1.8 according to delaware lottery.  so either fri or next week.

Delaware has always done that,have no idea why they do... Then they correct it when there is actually a winner.. Its the only lottery that puts out the next increase. They do it for MM and PB and Lotto America 

TheMeatman2005's avatarTheMeatman2005

Quote: Originally posted by wander73 on Aug 9, 2023

1.8 according to delaware lottery.  so either fri or next week.

$1.8 Billion isn't the jackpot for next drawing.

It's what the jackpot for this drawing was at draw time. Isn't it?

CDanaT's avatarCDanaT

Quote: Originally posted by TheMeatman2005 on Aug 9, 2023

$1.8 Billion isn't the jackpot for next drawing.

It's what the jackpot for this drawing was at draw time. Isn't it?

I dont think it was $1.8 Billion.. Todd said up above it went to $1.58 B  and the cash went to $783.2 Million for this draw....That stuff posted on Delawares lottery would be for next Friday. But I do like the cash value of $892.4 Million they listed on there along with the 1.8 Billion

jack27

I'm looking  at all the numbers  here at my ticket.

CDanaT's avatarCDanaT

Winner someplace...back to $20 Million....It was a fun run and I hope the winner enjoys their new found wealth

mightwin1's avatarmightwin1

Where....?????...we should know  where as soon as they say there's a winner.....

mightwin1's avatarmightwin1

Florida...congrats!!

mightwin1's avatarmightwin1

On to Powerball........lol!

mightwin1's avatarmightwin1

No state taxes either.....winner times 2x..lol

JAMORA's avatarJAMORA

Quote: Originally posted by CDanaT on Aug 9, 2023

Winner someplace...back to $20 Million....It was a fun run and I hope the winner enjoys their new found wealth

I hope it's many winners, and I would definitely have preferred to share the wealth than deal with that much at once.

Raven62's avatarRaven62

08/08/2023 WB=13-19-20-32-33 MB=14 x2

EnReval

14  3x and 3 n 13

 

wonder was it sold at a Publix again?

benmas's avatarbenmas

Why do so many talk about the billion jackpot amount so much? You have to win it first...I don't care if it is 1 trillion ..advertising annuity jackpot amount is part of their bag of tricks...no one gets that amount so why even mention it..advertise the cash only and leave it at that.. Winning is next to impossible given current game format. 40 rolls and we get one winner and 7 second places. Pathetic given how much money they made in 40 drawings combined. This is a bad game odds/payouts. It will likely get worse in a few years. i didn't play tonite. i wrote down the numbers i was thinking of playing but matched none anyways.

alexnt55

There were only 7 second prize winners. Thought there would be more then 7 but tickets sales are a lot smaller then in the past when there were big giant JP like this. Last July the advertised Jp for a drawin started out at 1.02 billion and they had ticket sales of 703 million. Tonights advertised JP started out at 1.55 billion and they only had ticket sales of less then half of that 703 million. Lottery fatigue i guess or people dont have the money to spend on tickets with inflation being so high. Or people in the past have went nuts and blew way more than they could afford to and are paying for it now. A combonation of different things are driving ticket sales down from in the past

zephbe's avatarzephbe

Congrats to Florida 😀

I thought there would have been more 2nd prize winners too with the jackpot that large.

Bleudog101

Quote: Originally posted by zephbe on Aug 9, 2023

Congrats to Florida 😀

I thought there would have been more 2nd prize winners too with the jackpot that large.

To all the naysayers it wasn't California.    They did well with para-mutuel this time around, even better than states with Megaplier.

Payouts here were awful and even found a rescue ticket for $20 around 5 p.m. and we know the result of money wasted!

 

Oh well, on to Powerball/Powerplay!!

Bleudog101

Publix Neptune Beach Florida is where ticket was sold.

 

Somehow that rings a bell and remember a Publix somewhere in FL sold a huge ticket, believe to that elderly woman someone let go in front of them in line and bought the winning ticket.  Her, her Son and his boyfriend plastered all over the place.

Anxiously awaiting national news.

EnReval

3rd time won at Publix

wander73's avatarwander73

Maybe it's just a setup to getting people anxious.   Obviously the lotteries are weird.

wander73's avatarwander73

Quote: Originally posted by Bleudog101 on Aug 9, 2023

Publix Neptune Beach Florida is where ticket was sold.

 

Somehow that rings a bell and remember a Publix somewhere in FL sold a huge ticket, believe to that elderly woman someone let go in front of them in line and bought the winning ticket.  Her, her Son and his boyfriend plastered all over the place.

Anxiously awaiting national news.

Crazy that people want that much attention.  Now there are machines depending on where spread out.   Up here in philly area you can go anywhere.

wander73's avatarwander73

Quote: Originally posted by Poo Nanny on Aug 8, 2023

I am honestly surprised how low sales have been once it got to a Billion. A 30 million bump was just a rounding error when the pots first started getting to a billion.

That was my thinking too.  I was thinking like why is it so low going up that way.

End of comments
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