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$360 MILLION: Powerball jackpot surges on rollover

PowerballPowerball: $360 MILLION: Powerball jackpot surges on rollover
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6th-largest cash value in US history

By Todd Northrop

This weekend Powerball will be the hot ticket, featuring a jackpot larger than any other United States lottery drawing in almost a year.

The new high-water mark of $360 million for the current Powerball jackpot was achieved after no winning tickets were sold for Wednesday night's $324.7 million grand prize.

The lump-sum cash payout value of Saturday's Powerball jackpot is $250.5 million — the 6th-largest ever recorded in United States lottery history.  (See top 25 annuity and cash values below.)

Players looking to calculate what they would receive after the initial federal and state tax withholdings can find it all pre-calculated for each Powerball jurisdiction on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.

The largest Powerball jackpot ever awarded was on May 18, 2013, when Gloria C. MacKenzie of Zephyrhills, Florida, held the solitary winning ticket for a grand prize worth nearly $600 million (see Winner of record $590.5 million Powerball lottery jackpot announced, Lottery Post, June 5, 2013).

Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs.  For example, the original estimate for Wednesday's drawing was $317 million, but by the time all the proceeds were counted just before draw-time, the jackpot had swelled to $324.7 million.

The mammoth prize is the result of 19 consecutive draws without a winner.  The run-up started as a $40 million prize on Dec. 3, 2014.

The winning numbers for Wednesday, February 4, 2015 were 24, 36, 51, 52, and 56, with Powerball number 22.  The Power Play number was 2.

Even though nobody won the jackpot Wednesday, 8 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Arizona, 1 from Delaware, 2 from Florida, 1 from Georgia, 1 from North Carolina, 1 from Pennsylvania, 1 from Tennessee.

Only one of the second-prize winners purchased the Power Play option — the ticket sold in Pennsylvania.  Because that ticket was purchased with the Power Play option, their second-prize win is automatically doubled to $2 million.

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

39 tickets matched four white numbers plus the Powerball and won $10,000.  Of those tickets, 11 were purchased with the Power Play option, increasing the prize to $20,000, and 5 of the tickets were sold in California, where the prize was worth $9,100 this drawing.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $35.3 million from its previous amount of $324.7 million. The cash value was raised by $24.5 million from its previous amount of $226 million.

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

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

Powerball is now played in 44 states, plus the District of Columbia and the U.S. Virgin Islands.  Drawings are Wednesdays and Saturdays at 10:59 p.m. Eastern Time.  Tickets cost $2 each.

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 tied for the 13th-largest lottery jackpot of all time in the United States.  That position 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.

  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: $414 million, Mar. 18, 2014 - Florida, Maryland
  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: $360 million, Feb. 7, 2015 - Preliminary estimate, not won yet
  14. Powerball: $340 million, Oct. 19, 2005 - Oregon
  15. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  16. Powerball: $337 million, Aug. 15, 2012 - Michigan
  17. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  18. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  19. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  20. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  21. Mega Millions: $326 million, Nov. 4, 2014 - New York
  22. Mega Millions: $319 million, Mar. 25, 2011 - New York
  23. Mega Millions: $315 million, Nov. 15, 2005 - California
  24. Powerball: $314.9 million, Dec. 25, 2002 - West Virgina
  25. Powerball: $314.3 million, Aug. 25, 2007 - Indiana

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

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

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

Top 25 cash value jackpots

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

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

  1. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  2. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  3. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  4. Mega Millions: $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. Powerball: $250.5 million cash, Feb. 7, 2015 ($360 million annuity) - Preliminary estimate, not won yet
  7. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  8. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  9. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  10. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  11. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  12. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  13. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  14. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  15. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  16. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  17. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($326 million annuity) - New York
  18. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  19. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  20. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
  21. Mega Millions: $177.3 million cash, Jan. 16, 2015 ($270 million annuity) - Illinois
  22. Powerball: $177.3 million cash, Feb. 18, 2006 ($365 million annuity) - Nebraska
  23. Powerball: $170.5 million cash, Dec. 25, 2002 ($314.9 million annuity) - West Virginia
  24. Mega Millions: $168 million cash, July 2, 2004 ($294 million annuity) - Massachusetts
  25. Mega Millions: $167.7 million cash, Feb. 22, 2008 ($275 million annuity) - Georgia

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

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

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32 comments. Last comment 2 years ago by hearsetrax.
Page 1 of 3
ThatScaryChick's avatar - x1MqPuM
Idaho
United States
Member #56506
November 21, 2007
6537 Posts
Offline
Posted: February 6, 2015, 9:37 am - IP Logged

I think I will buy a ticket. Good luck to anyone who is playing. Big Grin

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

    Marilyn222's avatar - thumb 350-286546.jpg
    Denver
    United States
    Member #117684
    October 12, 2011
    552 Posts
    Offline
    Posted: February 6, 2015, 9:40 am - IP Logged

    Someone's gonna win this Saturday, for sure.

    White Bounce

      pickone4me's avatar - 021414tvlies zpsa453b327.jpg
      Wisconsin
      United States
      Member #104962
      January 23, 2011
      1075 Posts
      Offline
      Posted: February 6, 2015, 9:40 am - IP Logged

      I think I'm going to take a Pass

      Trump 2016!

        Avatar
        New Member
        illinois
        United States
        Member #163465
        January 31, 2015
        14 Posts
        Offline
        Posted: February 6, 2015, 9:46 am - IP Logged

        i bought 5 tickets. ppl should spend no more than 10 bucks. i hope i win im so broke lol. somebody needs to win either this one saturday or on weds. its getting too much money. i think somebody will win pretty soon either this or the next one.

          Avatar
          California
          United States
          Member #141204
          April 7, 2013
          280 Posts
          Offline
          Posted: February 6, 2015, 9:50 am - IP Logged

          $360 million...now that's what I'm talking about. Good luck players.

            hearsetrax's avatar - 0118

            United States
            Member #52345
            May 21, 2007
            2659 Posts
            Offline
            Posted: February 6, 2015, 9:52 am - IP Logged

            i bought 5 tickets. ppl should spend no more than 10 bucks. i hope i win im so broke lol. somebody needs to win either this one saturday or on weds. its getting too much money. i think somebody will win pretty soon either this or the next one.

            Skeptical I spent my $2 yesterday ....... so heres to hoping

             

            and in earnest to the above poster .....

            if you can't imagine spending that much money,then you aren't getting reading the right newsletters jejeje

              maximumfun's avatar - Lottery-030.jpg
              Lavender Rocket

              United States
              Member #124616
              March 16, 2012
              2642 Posts
              Offline
              Posted: February 6, 2015, 10:03 am - IP Logged

              I bought my 1 ticket... but for 360M$?  I'm going to do something really radical and get a quick pick!  (too much excitement causes me to do these crazy things)

              although - 

              Maybe I should buy a 2nd ticket for MM and just slip a "small" win by virtually unnoticed!

                zinniagirl's avatar - flower avatar_0026.jpg
                nc
                United States
                Member #99520
                October 26, 2010
                375 Posts
                Offline
                Posted: February 6, 2015, 10:22 am - IP Logged

                Good luck to all who purchase a ticket.  I imagine a lot of prayers will be going up between now and the next 37 hours!!

                  Technut's avatar - moon
                  3rd Rock from Sun
                  United States
                  Member #159103
                  September 13, 2014
                  151 Posts
                  Offline
                  Posted: February 6, 2015, 10:25 am - IP Logged

                  Well time has come to buy a ticket or two. Good luck to everyone out there.

                  Yesterday is History, Tomorrow is a Mystery, Today is a gift that's why it's called the PRESENT! (c8

                    Marilyn222's avatar - thumb 350-286546.jpg
                    Denver
                    United States
                    Member #117684
                    October 12, 2011
                    552 Posts
                    Offline
                    Posted: February 6, 2015, 11:26 am - IP Logged

                    I like the adrenaline rush...he he he

                    White Bounce

                      sully16's avatar - sharan
                      Ringleader
                      Michigan
                      United States
                      Member #81740
                      October 28, 2009
                      40422 Posts
                      Offline
                      Posted: February 6, 2015, 12:55 pm - IP Logged

                      Nice number, good luck everyone.

                      Did you exchange a walk on part in the war ?

                      For a lead role in a cage?

                       

                                                                  From Pink Floyd's " Wish you were here"

                        Avatar
                        md
                        United States
                        Member #14047
                        April 20, 2005
                        579 Posts
                        Offline
                        Posted: February 6, 2015, 1:32 pm - IP Logged

                        Well, I have my investment plan worked out, advisory team lined up, my wealth management, attorney, accountant, etc. laid out. All I need is the wire transfer. Lol

                          Guru101's avatar - rw6jhh
                          Indiana
                          United States
                          Member #48725
                          January 7, 2007
                          1953 Posts
                          Offline
                          Posted: February 6, 2015, 1:35 pm - IP Logged

                          They raised it to $380 million.

                          Gonna win.Big Smile

                            Uff Da!'s avatar - InCelebration 001.jpg
                            Washington State
                            United States
                            Member #33973
                            February 26, 2006
                            347 Posts
                            Offline
                            Posted: February 6, 2015, 1:36 pm - IP Logged

                            Okay, you statistics gurus: What is the probability of a roll on this one?