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$425 MILLION: Largest Powerball lottery jackpot in history

Topic closed. 423 replies. Last post 4 years ago by Cletu$2.

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Factorem's avatar - candle

United States
Member #117704
October 12, 2011
109 Posts
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Posted: November 26, 2012, 11:38 pm - IP Logged

My grandmother owned a building in NYC and I remember when I was small she tore it down to build another building and when it came down there were these massive rats crawling all over the rubble. NYC rats are in a whole nother ballgame compared to anywhere else. One of the major deterrents to me ever wanting to live there. That was back in the days when the trains were covered in gafitti. The fun days. 

NYC is know for everything big, first among many, is its better known more popular name, the Big Apple. Then there is the litany of valid feats, achievements, claims, sky scrappers, population, formidable engineering accomplishments, logistics, trains, arts, musicals, and the crowning glory, the globally accepted real true capital of the world, the list goes on and on.

Then there is the thriving community of the original inventors of "Occupy concepts",  that have lived in New York City for years, it's rat community, and  long before the new comers to "Occupy Wall Street" came around with the concepts. The rats had been at it.

NYC rat community has, and continues to hold the City Government animal control and sanitation workers at bay, in a feud that have seen the rats to be the un-deniable incontrovertible winners over the years, and in effect, created a provable condition in New York City, that showcases the City as having failed woefully in this war.

I just find these fellas truly fascinating and I am inspired to research them further to see just exactly, how, they were able to enter a city, engage the city without agreements and continues to give the city more headaches, than the city can ever figure a way out, with all their collective engineering, scientific and city planning know-how.

    RedStang's avatar - tallman zps6gf4inoc.jpg
    NY
    United States
    Member #121961
    January 21, 2012
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    Posted: November 27, 2012, 1:27 am - IP Logged

    Watch the ticket sales now. I just informed my foreign coworkers that the advertised jackpot is dollars, not dineros.

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      New Member
      flagstaff, Arizona
      United States
      Member #118387
      October 30, 2011
      14 Posts
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      Posted: November 27, 2012, 1:28 am - IP Logged

      Yes, fellow Arizonan, the biggest Powerball lotto jackpot  last reported in our great state was 17 years i.e. the $102 million in 1995 (http://www.lotterypost.com/news/246494). That was almost two decades ago. We hope and pray to hit this biggie, come Wednesday!!!

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        New Member

        United States
        Member #135593
        November 27, 2012
        7 Posts
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        Posted: November 27, 2012, 3:08 am - IP Logged

        This is a good article.

         

        Best regards: Joyfax Server

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          New Member

          United States
          Member #135593
          November 27, 2012
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          Posted: November 27, 2012, 3:10 am - IP Logged

          Nice,
          thank you.

          Best regards: Joyfax Server

           

          www?joyfax?com

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            DELTONA,FLORIDA
            United States
            Member #135602
            November 27, 2012
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            Posted: November 27, 2012, 8:38 am - IP Logged

            2nd largest jackpot the world has ever seen

            By Todd Northrop

            Let the frenzy begin.

            For only the 2nd time in the history of United States lotteries — or in the history of lotteries around the world — a lottery jackpot run-up has exceeded $400 million.

            It's a prize level never seen by the Powerball multi-state game, and only once seen by the rival Mega Millions game.  And millions upon millions of people around the country will be lining up for their chance to claim the historic jackpot Wednesday evening.

            The new high-water mark of $425 million for the current Powerball jackpot was achieved after no winning tickets were sold for Saturday night's $325 million grand prize.  And if past ticket sales are any indication of what will happen this week, the jackpot may get bigger — much bigger — by the time the drawing kicks off.

            The lump-sum cash payout value of Wednesday's Powerball jackpot is a staggering $278.3 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.

            The cash payout value also sets a record for the largest ever offered by Powerball, and only second to Mega Million's record of $471 million, set on March 30, 2012.  (See list of all-time record annuity and cash jackpots below.)

            In January, Powerball's pricing and prize structure changed, with the game's organizers claiming that the changes would produce bigger jackpots more often — and they were right.  Within the first year of the changes, Powerball produced three $300+ million jackpot run-ups, and the thrid one — this current jackpot run-up — has produced the first-ever $400+ million grand prize for Powerball.

            Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs.  In this case, it may be a lot higher, perhaps nearing the half-billion dollar mark.

            The historic prize is the result of 15 consecutive draws without a winner.  The run-up started as a $40 million prize on October 6, 2012.

            The winning numbers for Saturday, November 24, 2012 were 22, 32, 37, 44, and 50, with Powerball number 34.

            Even though nobody won the jackpot Satuday, 11 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Arizona, 1 from Florida, 2 from New Jersey, 3 from New York, 1 from Oregon, 1 from Texas, 1 from Virginia, and 1 from Wisconsin.

            Of all the second-prize winners, only one of the tickets sold in New York was purchased with the Power Play option for an extra $1. Because they purchased the Power Play, that particular ticket is now worth $2 million.

            90 tickets matched four white numbers plus the Powerball and won $10,000. Of those tickets, 13 were purchased with the Power Play option, increasing the prize to $40,000.

            Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $100 million from its previous amount of $325 million. The cash value was raised by $65.5 million from its previous amount of $212.8 million.

            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 42 states, plus the District of Columbia and the U.S. Virgin Islands.  Drawings are Wednesdays and Saturdays at 11:00 p.m. Eastern Time.  Tickets cost $2 each.

            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

            Saturday's Powerball jackpot currently stands as the 2nd-largest lottery jackpot of all time in the United States.  The amount of the jackpot may rise before the drawing Saturday 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 Saturday, it's anyone's guess how high it will go.

            1. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
            2. Powerball: $425 million, Nov. 28, 2012 - Preliminary estimate, not won yet
            3. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
            4. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
            5. Powerball: $365 million, Feb. 18, 2006 - Nebraska
            6. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
            7. Powerball: $340 million, Oct. 19, 2005 - Oregon
            8. Powerball: $337 million, Aug. 15, 2012 - Michigan
            9. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
            10. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
            11. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
            12. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
            13. Mega Millions: $319 million, Mar. 25, 2011 - New York
            14. Mega Millions: $315 million, Nov. 15, 2005 - California
            15. Powerball: $314.9 million, Dec. 26, 2002 - West Virgina
            16. Powerball: $314.3 million, Aug. 25, 2007 - Indiana
            17. Powerball: $295.7 million, Jul. 29, 1998 - Indiana
            18. Powerball: $295 million, Aug. 25, 2001 - Delaware, Kentucky, Minnesota, New Hampshire
            19. Mega Millions: $294 million, Jul. 2, 2004 - Massachusetts
            20. Powerball: $276.3 million, Mar. 15, 2008 - West Virgina
            21. Mega Millions: $275 million, Feb. 22, 2008 - Georgia
            22. Mega Millions: $270 million, Feb. 28, 2006 - Ohio
            23. Mega Millions: $266 million, May 4, 2010 - California
            24. Mega Millions: $265 million, Apr. 18, 2006 - Ohio
            25. Powerball: $261.6 million, Jun. 2, 2010 - Ohio

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

            • Mega Millions: 12
            • Powerball: 11
            • 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 20 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.  The new Powerball jackpot ranks as the 2nd-highest ever in the United States.

            1. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
            2. Powerball: $278.3 million cash, Nov. 28, 2012 ($425 million annuity) - Preliminary estimate, not won yet
            3. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
            4. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
            5. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
            6. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
            7. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
            8. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
            9. Mega Millions: $194.4. million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
            10. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
            11. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
            12. Powerball: $177.3 million cash, Feb. 18, 2006 ($365 million annuity) - Nebraska
            13. Mega Millions: $168 million cash, July 2, 2004 ($294 million annuity) - Massachusetts
            14. Mega Millions: $167.7 million cash, Feb. 22, 2008 ($275 million annuity) - Georgia
            15. Powerball: $166 million cash, Aug. 25, 2001 ($295 million annuity) - Delaware, Kentucky, Minnesota, New Hampshire
            16. Mega Millions: $165.2 million cash, May 4, 2010 ($266 million annuity) - California
            17. Powerball: $164.4 million cash, won Oct. 19, 2005 ($340 million annuity) - Oregon
            18. Mega Millions: $164 million cash, Feb. 28, 2006 ($270 million annuity) - Ohio
            19. Powerball: $161.5 million cash, July 29, 1998 ($295.7 million annuity) - Indiana
            20. Mega Millions: $156.1 million cash, Sept. 16, 2005 ($258 million annuity) - New Jersey

            really, wih a jackpot as big as thepower ball.$425 million there should be more than one jackpot winner by splitting it five ways rather than one prize. the money will cerculate more and more people will buy more tickets because of the amount of first place jackpots,think about it,it really makes sense to have more winning jackpot ,five is better than one any time.


              United States
              Member #116268
              September 7, 2011
              20244 Posts
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              Posted: November 27, 2012, 9:07 am - IP Logged

              NYC is know for everything big, first among many, is its better known more popular name, the Big Apple. Then there is the litany of valid feats, achievements, claims, sky scrappers, population, formidable engineering accomplishments, logistics, trains, arts, musicals, and the crowning glory, the globally accepted real true capital of the world, the list goes on and on.

              Then there is the thriving community of the original inventors of "Occupy concepts",  that have lived in New York City for years, it's rat community, and  long before the new comers to "Occupy Wall Street" came around with the concepts. The rats had been at it.

              NYC rat community has, and continues to hold the City Government animal control and sanitation workers at bay, in a feud that have seen the rats to be the un-deniable incontrovertible winners over the years, and in effect, created a provable condition in New York City, that showcases the City as having failed woefully in this war.

              I just find these fellas truly fascinating and I am inspired to research them further to see just exactly, how, they were able to enter a city, engage the city without agreements and continues to give the city more headaches, than the city can ever figure a way out, with all their collective engineering, scientific and city planning know-how.

              I Agree! I will stick to being a "Desert Rat"

                Original Bey's avatar - Lottery-022.jpg

                Bahamas
                Member #133462
                September 30, 2012
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                Posted: November 27, 2012, 9:18 am - IP Logged

                Watch the ticket sales now. I just informed my foreign coworkers that the advertised jackpot is dollars, not dineros.

                Que rico!

                "Everything works  ONCE!"


                  United States
                  Member #116268
                  September 7, 2011
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                  Posted: November 27, 2012, 9:37 am - IP Logged

                  Que rico!

                  Mucho porko......

                    Uff Da!'s avatar - InCelebration 001.jpg
                    Washington State
                    United States
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                    February 26, 2006
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                    Posted: November 27, 2012, 9:42 am - IP Logged

                    really, wih a jackpot as big as thepower ball.$425 million there should be more than one jackpot winner by splitting it five ways rather than one prize. the money will cerculate more and more people will buy more tickets because of the amount of first place jackpots,think about it,it really makes sense to have more winning jackpot ,five is better than one any time.

                    One doesn't need a single winner to get the money circulating from many different people.  I'm sure I'm not the only one who would share the winnings with many others, in my case with 16 relatives plus my partner.  (No, it wouldn't be shared equally or I'd have more gift taxes due than I had money left.)  The younger relatives, especially, would likely be spending the first few years of annual payments rather quickly for some desired upticks in their standard of living.  And there would be plenty of other people sharing the wealth through scholarships and other worthwhile causes for the very reason that I'd never need even a small fraction of a jackpot that size.


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                      Posted: November 27, 2012, 9:44 am - IP Logged

                      I would only give away annuity payments and keep the principle for my heirs.....


                        United States
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                        Posted: November 27, 2012, 9:46 am - IP Logged

                        I would only give away annuity payments and keep the principle for my heirs.....

                        A one million $ annuity would create a $50k per year income @5%, and anyone can live on that.....

                          RedStang's avatar - tallman zps6gf4inoc.jpg
                          NY
                          United States
                          Member #121961
                          January 21, 2012
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                          Posted: November 27, 2012, 10:00 am - IP Logged

                          Anyone playing  1,2,3,4,5---6.  Did i just giveaway someones secret.Let It All Out


                            United States
                            Member #116268
                            September 7, 2011
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                            Posted: November 27, 2012, 10:04 am - IP Logged

                            Anyone playing  1,2,3,4,5---6.  Did i just giveaway someones secret.Let It All Out

                            Consecutive numbers have worse odds are are less likely to hit...........


                              United States
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                              September 7, 2011
                              20244 Posts
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                              Posted: November 27, 2012, 10:06 am - IP Logged

                              One doesn't need a single winner to get the money circulating from many different people.  I'm sure I'm not the only one who would share the winnings with many others, in my case with 16 relatives plus my partner.  (No, it wouldn't be shared equally or I'd have more gift taxes due than I had money left.)  The younger relatives, especially, would likely be spending the first few years of annual payments rather quickly for some desired upticks in their standard of living.  And there would be plenty of other people sharing the wealth through scholarships and other worthwhile causes for the very reason that I'd never need even a small fraction of a jackpot that size.

                              I will vow to be a circulating machine, if "they" will choose me as this PB JP winner.............

                                 
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