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$450 MILLION: Powerball sales bonanza sparks early jackpot increase

PowerballPowerball: $450 MILLION: Powerball sales bonanza sparks early jackpot increase
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6th-biggest lottery jackpot in US history

By Todd Northrop

Due to larger than expected sales volume, the Multi-State Lottery Association (MUSL) has raised the official Powerball lottery jackpot estimate for Wednesday's drawing to $450 million.

The all-important lump-sum cash value of the jackpot has been raised to $275.4 million.

The newly-increased annuity and cash value jackpot amounts are both the 6th-largest ever recorded in United States lottery history. The top-25 annuity and cash value jackpots are listed below.

"Strong Powerball sales mean more revenue for public education in Texas and for other important causes supported by lotteries across the country," said Gary Grief, executive director of the Texas Lottery and chair of the Powerball game group.

The Powerball drawing will be contacted Wednesday night at 10:59 pm Eastern Time (7:59 pm Pacific).  The mammoth grand prize started at $40 million on Nov. 7, 2015, and is the result of 17 drawings with no jackpot winner.

After the Saturday evening Powerball drawing, when it was determined that there were no jackpot winners, the new jackpot estimate for Wednesday was set at $400 million, with a cash value of $244.8 million. The lottery sets the initial estimates based on what they conservatively believe the ticket sales will be prior to the next drawing. When it becomes clear that actual ticket sales are vastly outstripping the initial projections, the lotteries raise the jackpot estimate accordingly — as they did today.

It is quite possible that by the time the drawing occurs tomorrow night, the jackpot will be further increased. The final jackpot tally is announced during the live drawing show.

Lottery players seeking to check the winning numbers Wednesday night are urged to use USA Mega (www.usamega.com). State lottery Web sites are normally brought to a standstill during busy periods, while USA Mega normally remains responsive.

Powerball drawing results will be posted immediately after the 10:59 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating Powerball states have reported their data, which normally occurs within a couple of hours after the drawing.

Tickets will remain on sale typically until 10:45 pm Eastern Time on Wednesday, although players should check with a lottery retailer in their state for the exact sales cutoff time. Players are advised not to wait until the last minute.

The odds of winning the jackpot are approximately 1 in 292 million. The odds of winning any of the Powerball prizes are approximately 1 in 25.

Powerball tickets cost $2 each.

Lottery players can see an after-tax analysis of the current Powerball jackpot by visiting USA Mega's Jackpot Analysis page.

Powerball features nine different prize levels, ranging from $4 all the way up to the jackpot. Players can win even if they just match one number — the Powerball number.

All states except California also offer the Power Play option for an extra $1 per ticket purchased. The Power Play multiplies any non-jackpot prizes won by the Power Play number drawn that evening.

Players who purchase the Power Play and win second prize will automatically have their prize increased by 2x to $2 million.

Top 25 United States lottery jackpots of all time

Wednesday's Powerball jackpot currently stands tied for the 6th-largest lottery jackpot of all time in the United States.  That position may rise again before the drawing, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.

  1. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  2. Mega Millions: $648 million, Dec. 17, 2013 - California, Georgia
  3. Powerball: $590.5 million, May 18, 2013 - Florida
  4. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  5. Powerball: $564.1 million, Feb. 7, 2015 - North Carolina, Puerto Rico, Texas
  6. Powerball: $450 million, Jan. 6, 2016 - Preliminary estimate, not won yet
  7. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  8. Powerball: $425.3 million, Feb. 19, 2014 - California
  9. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  10. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  11. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  12. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  13. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  14. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  15. Powerball: $340 million, Oct. 19, 2005 - Oregon
  16. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  17. Powerball: $337 million, Aug. 15, 2012 - Michigan
  18. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  19. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  20. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  21. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  22. Mega Millions: $326 million, Nov. 4, 2014 - New York
  23. Mega Millions: $319 million, Mar. 25, 2011 - New York
  24. Mega Millions: $315 million, Nov. 15, 2005 - California
  25. Powerball: $314.9 million, Dec. 25, 2002 - West Virginia

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: $381.1 million cash, Feb. 7, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  4. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  5. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($648 million annuity) - California, Georgia
  6. Powerball: $275.4 million cash, Jan. 6, 2016 ($450 million annuity) - Preliminary estimate, not won yet
  7. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  8. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  9. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  10. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  11. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  12. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  13. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  14. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  15. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  16. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  17. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  18. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($326 million annuity) - New York
  19. Powerball: $197.4 million cash, Sep. 30, 2015 ($310.5 million annuity) - Michigan
  20. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  21. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  22. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
  23. Mega Millions: $177.3 million cash, Jan. 16, 2015 ($270 million annuity) - Illinois
  24. Powerball: $177.3 million cash, Feb. 18, 2006 ($365 million annuity) - Nebraska
  25. Powerball: $170.5 million cash, Dec. 25, 2002 ($314.9 million annuity) - West Virginia

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

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

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89 comments. Last comment 11 months ago by MaximumMillions.
Page 1 of 6
savagegoose's avatar - ProfilePho
adelaide sa
Australia
Member #37136
April 11, 2006
3300 Posts
Offline
Posted: January 5, 2016, 12:07 pm - IP Logged

keep those doggies rolling

2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

    ThatScaryChick's avatar - x1MqPuM
    Idaho
    United States
    Member #56506
    November 21, 2007
    6537 Posts
    Offline
    Posted: January 5, 2016, 12:09 pm - IP Logged

    Good luck to everyone playing! Thumbs Up

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

      BBLL's avatar - audi r8-wallpaper-bla
      Chicago
      United States
      Member #122762
      February 7, 2012
      160 Posts
      Offline
      Posted: January 5, 2016, 12:29 pm - IP Logged

      Big moneyBoxing

        travelintrucker's avatar - morph
        Greenville, SC
        United States
        Member #169870
        November 4, 2015
        374 Posts
        Offline
        Posted: January 5, 2016, 12:31 pm - IP Logged

        I have to deliver a load in eastern Pennsylvania. I had $5 worth of winners to redeem. So, I decided to stop at Penn 80 Flying J truck stop where Steve Peloquin won Mega Millions back in July. Surprisingly, there was no line. In fact, I had to wait about 3 mins. for someone to come over. I bought 2 quick picks powered up with the $5. My Mega numbers are alright. I really like my Powerball numbers. Good luck everyone!

        May the balls bounce in your favor!


          United States
          Member #166712
          June 4, 2015
          24 Posts
          Offline
          Posted: January 5, 2016, 1:11 pm - IP Logged

          5 numbers with powerplay. 2 my own numbers, 3 qp Then wait for Lady luck. Good luck all of you

            noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
            Bay Area - California
            United States
            Member #136477
            December 12, 2012
            4102 Posts
            Offline
            Posted: January 5, 2016, 1:30 pm - IP Logged

            Wonderful- As Little Richard once said " You keeping talking like that, you gonna make me scream like a white woman in church."

            People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

              Piaceri's avatar - sarsony1
              Republic of Texas
              United States
              Member #57557
              January 9, 2008
              1095 Posts
              Offline
              Posted: January 5, 2016, 1:54 pm - IP Logged

              Eek

               

              See Ya!I'm volunteering as guinea pig to win a single ticket winner.

               

              SINGLEWINNERSINGLEWINNERSINGLEWINNER

              face

              singlewinnersinglewinnersinglewinner   

                Groppo's avatar - cat anm.gif

                United States
                Member #162631
                January 7, 2015
                502 Posts
                Offline
                Posted: January 5, 2016, 2:28 pm - IP Logged

                I have to deliver a load in eastern Pennsylvania. I had $5 worth of winners to redeem. So, I decided to stop at Penn 80 Flying J truck stop where Steve Peloquin won Mega Millions back in July. Surprisingly, there was no line. In fact, I had to wait about 3 mins. for someone to come over. I bought 2 quick picks powered up with the $5. My Mega numbers are alright. I really like my Powerball numbers. Good luck everyone!

                Yes, thank you, you too.

                But seriously folks, all I want is a couple of million, and I'll be set.

                So, if you are the sole winner, I now ask for $1 million even. It was .5,
                then, .75.  I now want the whole million, since the jp just got upped 50 million.

                  Avatar
                  Wyomissing, PA
                  United States
                  Member #161050
                  November 15, 2014
                  301 Posts
                  Offline
                  Posted: January 5, 2016, 3:07 pm - IP Logged

                  MUSL estimates are all too often portrayed as "fact" by participating lotteries in promotional ads, and don't reflect reality. The #3 jackpot won in Florida a few years ago was widely advertised as $600 million annuity, and yet only paid out $590 million annuity. Deceptive.

                  Sure, the FL winner still made out well, but many players who didn't win, played in large part, due to seeing the $600 million advertised number, which turned out be a faulty estimate - again, to reiterate, widely advertised, in effect, as fact, by many participating lotteries.

                  Rambling on, but point is that a $50 million jackpot estimate jump seems pretty steep. Don't put too much stock in that being real. My rule of thumb, since the Florida incident, is 1/2 of a jump is probably legit. So $425 million annuity (50 / 2) is probably a safe estimate. Good luck to all who play.

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

                    United States
                    Member #124616
                    March 16, 2012
                    2642 Posts
                    Offline
                    Posted: January 5, 2016, 3:11 pm - IP Logged

                    Good Luck to us!  Holding out for a LP winner!

                      BBLL's avatar - audi r8-wallpaper-bla
                      Chicago
                      United States
                      Member #122762
                      February 7, 2012
                      160 Posts
                      Offline
                      Posted: January 5, 2016, 3:15 pm - IP Logged

                      Good Luck to us!  Holding out for a LP winner!

                      That would be amazing.

                        Avatar
                        New Member
                        Toronto
                        Canada
                        Member #170682
                        December 12, 2015
                        31 Posts
                        Offline
                        Posted: January 5, 2016, 3:20 pm - IP Logged

                        MUSL estimates are all too often portrayed as "fact" by participating lotteries in promotional ads, and don't reflect reality. The #3 jackpot won in Florida a few years ago was widely advertised as $600 million annuity, and yet only paid out $590 million annuity. Deceptive.

                        Sure, the FL winner still made out well, but many players who didn't win, played in large part, due to seeing the $600 million advertised number, which turned out be a faulty estimate - again, to reiterate, widely advertised, in effect, as fact, by many participating lotteries.

                        Rambling on, but point is that a $50 million jackpot estimate jump seems pretty steep. Don't put too much stock in that being real. My rule of thumb, since the Florida incident, is 1/2 of a jump is probably legit. So $425 million annuity (50 / 2) is probably a safe estimate. Good luck to all who play.

                        Very good point. Thanks for adding clarity to this issue. 

                         

                        Best of luck to all the lottery players out there!

                          weshar75's avatar - Lottery-042.jpg
                          Mcminnville, Oregon
                          United States
                          Member #3013
                          December 13, 2003
                          3046 Posts
                          Offline
                          Posted: January 5, 2016, 4:06 pm - IP Logged

                          I would like to thank in advance all the little people who bought tickets and let me win this jackpot and no I will not be handing out any money to any one so don't ask this money is all mine baby!-weshar75

                          US Flag

                            HoLeeKau's avatar - YheaShea
                            Idaho
                            United States
                            Member #94283
                            July 17, 2010
                            2284 Posts
                            Offline
                            Posted: January 5, 2016, 4:11 pm - IP Logged

                            I just bought my line for the next draw from an Albertson's vending machine.  So if someone in Boise wins from there, you'll know it's me.  Goof