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$675 MILLION: POWERBALL SETS ALL-TIME LOTTERY JACKPOT RECORD

PowerballPowerball: $675 MILLION: POWERBALL SETS ALL-TIME LOTTERY JACKPOT RECORD
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Saturday Powerball jackpot rewrites the record books with the largest lottery prize the world has ever seen

Jackpot of unthinkable size will almost certainly be even bigger by draw time

By Todd Northrop

It's been four years since the last lottery jackpot record was broken, but Wednesday night it finally happened again.

The old record of $656 million, set by the multi-state Mega Millions game in March 2012, was shattered Wednesday when nobody won Powerball's $524.1 million jackpot, and the initial jackpot estimate for Saturday was set to $675 million.

It's the largest lottery jackpot prize ever to be awarded in history.

The initial estimate for the lump-sum cash option for Saturday's Powerball drawing is $413.1 million.  So the Mega Millions game still holds the world record cash value record of $471 million. However, seeing as the initial cash value in the Wednesday drawing was $61.2 million less than it's final tally at draw time, it is entirely possible — perhaps probable — that the cash value will also set the world record by the time the numbers are announced Saturday night.

The new world record Powerball jackpot is the result of 18 consecutive drawings without a top prize winner. The jackpot started as a $40 million prize on Nov. 7, 2015.

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.

Doubtless, there will be a rush of media pundits clamoring to cite the tiny chance each player has of winning.  There will probably be a thousand different analogies designed to explain how small the chances are.  Maybe someone will compare it to the odds of getting stuck at the top of a roller coaster while at the same time being bit on the leg by an angry Pomeranian.

But no matter how hard they try to convince people to resist the urge to play, the pundits are up against a simple fact: there is enough money at stake to make even the most pessimistic person line up at the lottery ticket counter this week.

Are there some people who won't feel the need to play Powerball Saturday?

Maybe there are 15 such people, because although there were no jackpot winners on Wednesday night, 15 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 1 from Connecticut, 2 from Florida, 1 from Georgia, 2 from Louisiana, 1 from Massachusetts, 1 from Nebraska, 1 from New Mexico, 1 from New York, 1 from Oregon, 1 from Tennessee, 1 from Texas, and 1 from Washington.

Of all the second-prize winners, only the ticket sold in New Mexico 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.

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.

171 tickets matched four white numbers plus the Powerball and won $50,000. Of those tickets, 24 were purchased with the Power Play option, increasing the prize to $150,000.

The winning numbers drawn Wednesday, Jan. 6, 2015, were 2, 11, 47, 62, and 63, with Powerball number 17. The Power Play number was 3.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $150.9 million from its previous amount of $524.1 million. The cash value was raised by $92.4 million from its previous amount of $320.7 million.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, any non-jackpot prize is multiplied by the Power Play number drawn that evening, although the second prize with Power Play is always doubled to $2 million.

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 Eastern Time drawing at USA Mega (8:59 pm Pacific Time). 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.

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

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 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.

Powerball is now played in 44 states, plus the District of Columbia, Puerto Rico 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 as the largest lottery jackpot of all time in the United States — and in the world.  The amount of the jackpot may rise even further before the drawing Saturday night, as lotteries are typically conservative in their initial estimates, and brisk sales will certainly push the jackpot estimate higher by draw time.

If nobody wins Saturday... well, let's not even go there.

  1. Powerball: $675 million, Jan. 9, 2016 - Preliminary estimate, not won yet
  2. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  3. Mega Millions: $648 million, Dec. 17, 2013 - California, Georgia
  4. Powerball: $590.5 million, May 18, 2013 - Florida
  5. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  6. Powerball: $564.1 million, Feb. 7, 2015 - North Carolina, Puerto Rico, Texas
  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

For those keeping score, 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.  The new Powerball jackpot ranks as the 2nd-highest lump-sum cash value jackpot in history.

  1. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  2. Powerball: $413.1 million cash, Jan. 9, 2016 ($675 million annuity) - Preliminary estimate, not won yet
  3. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  4. Powerball: $381.1 million cash, Feb. 7, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  5. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  6. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($648 million annuity) - California, Georgia
  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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101 comments. Last comment 11 months ago by rcbbuckeye.
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New Member
KCMO
United States
Member #163681
February 7, 2015
56 Posts
Offline
Posted: January 7, 2016, 1:08 am - IP Logged

Wow. This is it. A huge record jackpot that honestly feels like it came out of no-where. 

It's already at 675MM and we still have 3 days to saturday. 

Anyone want to venture a guess on saturday's jackpot? 

Do we think 800-900MM range?  Or even....the insane billion dollar mark?

    Avatar

    United States
    Member #122691
    February 6, 2012
    330 Posts
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    Posted: January 7, 2016, 1:11 am - IP Logged

    So basically $800 million plus, Jesus Christ. Crazy

      VFR95's avatar - Lottery-030.jpg
      Whetstone
      United States
      Member #139158
      February 15, 2013
      32 Posts
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      Posted: January 7, 2016, 1:19 am - IP Logged

      This one will hit the $$Billion Dollar mark for sure.

       

      HyperI love it......I absolutely love it!!!Hyper

      Bang Head

        Avatar
        New Member
        Los Angeles
        United States
        Member #135712
        November 28, 2012
        15 Posts
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        Posted: January 7, 2016, 1:23 am - IP Logged

        Wow...New record now huh... this will be fun ;)

          Avatar
          New Member
          KCMO
          United States
          Member #163681
          February 7, 2015
          56 Posts
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          Posted: January 7, 2016, 1:24 am - IP Logged

          So basically $800 million plus, Jesus Christ. Crazy

          Seriously. 

           

          In fact I feel it has a real chance to really go north of 900MM...think about it. This is now THE largest advertised jackpot in US (world) history. It's ALREADY at 675MM and we're only just starting thursday. 

          This will be ALL OVER the news 24/7 and will be on radio, TV, newspaper, online, everywhere. 

          The media and word of mouth will drive up hype and will get lot of people who don't regularly play lottery come out to get few tickets. 

          So with essentially 3 full days of ticket sales....we may very well be seeing a very real possibility at a 950+MM jackpot come saturday....or even....possibly cross the 1 billion mark!

            lulu1feather's avatar - 2uehclf
            Oregon
            United States
            Member #168137
            August 17, 2015
            124 Posts
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            Posted: January 7, 2016, 1:26 am - IP Logged

            Have mercy! I'll take a slice of that! I dont even need all of it! I will gladly share!

            I do really like to see over a dozen tickets win something awesome! What a way to start the year!

              Avatar
              Warren, MI
              United States
              Member #149999
              December 14, 2013
              42 Posts
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              Posted: January 7, 2016, 1:29 am - IP Logged

              whats the chance it will roll over on saturday? does anyone know?

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                Idaho
                United States
                Member #76087
                June 18, 2009
                859 Posts
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                Posted: January 7, 2016, 1:32 am - IP Logged

                This one will hit the $$Billion Dollar mark for sure.

                 

                HyperI love it......I absolutely love it!!!Hyper

                Bang Head

                That's it!  I've caved.  Never cared much for housework but I'll just have to go lift up those sofa cushions and see if there's enough coin for the purchase of a PowerBillionaire ticket.  Rubber gloves, here we go.  Wish me luck.

                La Maga Della Spaziometria

                  Avatar

                  United States
                  Member #163996
                  February 15, 2015
                  68 Posts
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                  Posted: January 7, 2016, 1:37 am - IP Logged

                  If no one wins Saturday's jackpot there will be massive heart attacks across the country!  Hospitals will be swamped....ha.

                  LOL

                    BBLL's avatar - audi r8-wallpaper-bla
                    Chicago
                    United States
                    Member #122762
                    February 7, 2012
                    160 Posts
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                    Posted: January 7, 2016, 1:39 am - IP Logged

                    Wow! !!! what a jackpot Smile

                      Avatar
                      New Member
                      KCMO
                      United States
                      Member #163681
                      February 7, 2015
                      56 Posts
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                      Posted: January 7, 2016, 1:49 am - IP Logged

                      Virtually 0% this will rollover again on saturday. 

                      Essentially with the amount of ticket sales you can mathematically calculate how many possible combinations have been sold. With a 1 in 292million chance...I'm guessing that if you sell roughly 300million tickets...which is VERY possible....that you essentially will have 8-9/10 combinations bought and there will likely be MULTIPLE winners on saturday. 

                      So basically there is no chance it will rollover again on saturday.....but if it does.....well......it's gonna be a brave new world then....

                        Avatar
                        Texas
                        United States
                        Member #82092
                        November 5, 2009
                        70 Posts
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                        Posted: January 7, 2016, 1:56 am - IP Logged

                        Surprise California or New York did not win. I think $968mil on Saturday. Spent $20 and won $12 when I multiplied with 17 ball number.  Much success to all

                          Avatar
                          Warren, MI
                          United States
                          Member #149999
                          December 14, 2013
                          42 Posts
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                          Posted: January 7, 2016, 2:08 am - IP Logged

                          I am guessing about 220-250 million tickets will be sold through saturday so there's a chance it will rollover, maybe a small chance but not highly unlikely

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                            United States
                            Member #163996
                            February 15, 2015
                            68 Posts
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                            Posted: January 7, 2016, 2:13 am - IP Logged

                            I'd imagine there would be ticket buyers from outside the US getting in on the action.

                            No No