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$363 MILLION: Red hot Mega Millions jackpot set for Friday

Mega MillionsMega Millions: $363 MILLION: Red hot Mega Millions jackpot set for Friday
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6th-largest Mega Millions jackpot of all time

By Todd Northrop

After its months-long build-up, the multi-state Mega Millions jackpot is finally starting to increase rapidly as tickets are bring scooped up by loyal and casual players alike.

In the Tuesday night Mega Millions drawing no player won the top prize, increasing the jackpot estimate for Friday night's Mega Millions drawing to $363 million, with a lump-sum cash option of $244.6 million.

That pegs the annuity jackpot as the 6th-largest jackpot in Mega Millions history, and overall tied for the 15th-largest United States lottery jackpot of all time.  The cash option is the 9th-largest ever seen in any United States lottery game — and the third-largest Mega Millions cash value ever recorded.  (See the full list of top-25 United States annuity and cash lottery jackpots below.)

The jackpot that Friday's Mega Millions grand prize is tied with at #15 on the list is rather significant to both Lottery Post and USA Mega, because that other $363 million jackpot was for The Big Game drawing on May 9, 2000 — the largest lottery jackpot the world had ever seen at the time, and the event that essentially launched BigGameLottery.com (the original name of USA Mega) and Lottery Post.

In fact, the first news post on USA Mega was "It's official! The Big Game is the largest jackpot in US history." Then on May 10th the exciting news that the record-setting jackpot was won was announced with the rather underwhelming-in-hindsight statement, "There were two winning tickets sold in Tuesday's record-setting $350 million jackpot."  (Which was later discovered to be $363 million after the final tally of all ticket sales.)

To think that in the span of 15 years record-setting multi-state lottery jackpots went from $363 million to $1.6 billion is truly momentous. And during that time, Lottery Post and USA Mega have been documenting each rise and fall of every Mega Millions and Powerball jackpot.

However, in a blow to nostalgia, the next time a US jackpot cash value enters the top-25, it will knock the Big Game cash value from that May 2000 drawing ($180 million) off the chart.

Back to Friday's jackpot, lottery players can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega's Jackpot Analysis page.

Friday's Mega Millions jackpot is the accumulation of 30 consecutive drawings without a top prize winner.  The current jackpot run-up started on March 11 as a $15 million grand prize — it has been three and a half months since Mega Millions has had a jackpot winner.

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 the latest Mega Millions drawing that took place this past Tuesday night, there was no jackpot winner, but 2 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Michigan and 1 from Texas.

Neither of the two second-place winners purchased their ticket with the Megaplier option for an extra $1 per play. If they had, their prize would have been increased to $5 million, because the Megaplier number drawn was 5.

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 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 64 tickets matched four of the first five numbers plus the Mega Ball to win a $5,000 prize. Of those tickets, 9 were purchased with the Megaplier option, increasing the prize to $25,000, and 4 were sold in California, where the prize awarded this drawing was $13,338.

The Mega Millions winning numbers for Tuesday, June 21, 2016, were 6, 13, 21, 49, and 50, with Mega Ball number 10. The Megaplier number was 5.

Following the Tuesday drawing, the Mega Millions annuity jackpot estimate was raised $30 million from its previous amount of $333 million. The cash value was raised by $18.4 million, from its previous amount of $226.2 million.

Mega Millions is currently offered for sale in 44 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time. Tickets cost $1 each.

The Mega Millions winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

Top 25 United States lottery jackpots of all time

Friday's Mega Millions jackpot currently stands as the 15th-largest lottery jackpot of all time in the United States.  That position may rise before the drawing Friday night, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.

  1. Powerball: $1.5864 billion, Jan. 13, 2016 - California, Florida, Tennessee
  2. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  3. Mega Millions: $636 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: $429.6 million, May 7, 2016 - New Jersey
  9. Powerball: $425.3 million, Feb. 19, 2014 - California
  10. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  11. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  12. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  13. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  14. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  15. Mega Millions: $363 million, Jun. 24, 2016 - Preliminary estimate, not won yet
  16. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  17. Powerball: $340 million, Oct. 19, 2005 - Oregon
  18. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  19. Powerball: $337 million, Aug. 15, 2012 - Michigan
  20. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  21. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  22. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  23. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  24. Mega Millions: $321 million, Nov. 4, 2014 - New York
  25. Mega Millions: $319 million, Mar. 25, 2011 - New York

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.

Looking at the cash value, the upcoming Mega Millions jackpot ranks as the 9th-largest cash value in U.S. history.

  1. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  2. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  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 ($636 million annuity) - California, Georgia
  7. Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) - New Jersey
  8. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  9. Mega Millions: $244.6 million cash, Jun. 24, 2016 ($363 million annuity) - Preliminary estimate, not won yet
  10. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  11. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  12. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  13. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  14. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  15. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  16. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  17. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  18. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  19. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  20. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($321 million annuity) - New York
  21. Powerball: $197.4 million cash, Sep. 30, 2015 ($310.5 million annuity) - Michigan
  22. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  23. Powerball: $191.9 million cash, Mar. 2, 2016 ($291.4 million annuity) - Florida
  24. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  25. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan

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

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

Lottery Post Staff

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72 comments. Last comment 5 months ago by Bleudog101.
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United States
Member #170707
December 13, 2015
185 Posts
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Posted: June 22, 2016, 9:10 am - IP Logged

HyperI'm excited to see when Todd wins this and self reports on his win with a selfie pic with the winning ticket

    Groppo's avatar - cat anm.gif

    United States
    Member #162631
    January 7, 2015
    507 Posts
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    Posted: June 22, 2016, 9:27 am - IP Logged

    I hope it will end soon, as I'd just like to see someone win it, including myself.

    Already, I expect a mult-way jackpot split.

    • Don't chase the numbers you play.
    • Play only numbers you've already played, plus however many random picks.
    • But, ALWAYS the regular numbers you play.  This will make you a winner, not a chaser.
              (so far, though, I've yet to win any significant lotto prize)
      sully16's avatar - sharan
      Ringleader
      Michigan
      United States
      Member #81740
      October 28, 2009
      40611 Posts
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      Posted: June 22, 2016, 9:29 am - IP Logged

      Getting interesting, good luck players.  Cheers

      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"

        dpoly1's avatar - driver
        PA
        United States
        Member #66141
        October 16, 2008
        1672 Posts
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        Posted: June 22, 2016, 9:33 am - IP Logged

        Patriot

        I'm ready for a smokin' red hot jackpot!

        dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

         

        Eschew Poverty ........... Vote Conservative!


          United States
          Member #106134
          February 13, 2011
          806 Posts
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          Posted: June 22, 2016, 9:53 am - IP Logged

          Gonna be interesting to watch this slowly roll into the billions.

          Trends (back to back number pairs) won again last night.

            wander73's avatar - Lottery-038.jpg
            Philadelphia, PA
            United States
            Member #153774
            March 24, 2014
            925 Posts
            Online
            Posted: June 22, 2016, 10:30 am - IP Logged

            I think after July 4th it will be hit.   Just depends what the amt  is.   Maybe $450- $550 million.

              LiveInGreenBay's avatar - driver
              Green Bay
              United States
              Member #169391
              October 15, 2015
              1249 Posts
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              Posted: June 22, 2016, 10:42 am - IP Logged

              I'm buying one ticket.  That's all I'm willing to spend on a game with 258 million to 1 odds.

              Never give up.  Banana

                hearsetrax's avatar - 0118

                United States
                Member #52345
                May 21, 2007
                2659 Posts
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                Posted: June 22, 2016, 11:00 am - IP Logged

                Skepticalwell heres to the next go round 

                  Avatar
                  Arkansas
                  United States
                  Member #175301
                  June 9, 2016
                  67 Posts
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                  Posted: June 22, 2016, 11:34 am - IP Logged

                  HyperI'm excited to see when Todd wins this and self reports on his win with a selfie pic with the winning ticket

                  My name  isn't Todd but thanks for the support Green laugh

                    Drenick1's avatar - villiarna
                    USA
                    United States
                    Member #152799
                    February 25, 2014
                    1094 Posts
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                    Posted: June 22, 2016, 11:42 am - IP Logged

                    HyperI'm excited to see when Todd wins this and self reports on his win with a selfie pic with the winning ticket

                    If Todd ended up being the sole winner it would be interesting to see how LP changes as without a doubt there would be an influx of new members, many of whom would be antagonizing Todd for donations. Membership would double, after encountering unprecedented website crashes.

                      Avatar
                      Simpsonville
                      United States
                      Member #163189
                      January 22, 2015
                      678 Posts
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                      Posted: June 22, 2016, 11:49 am - IP Logged

                      Skepticalwell heres to the next go round 

                      There she is...fifteenth place in the Lottery Jackpot hall of fame!

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                        md
                        United States
                        Member #14047
                        April 20, 2005
                        579 Posts
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                        Posted: June 22, 2016, 11:51 am - IP Logged

                        This has been a long run up. It still has a few more runs I believe.  I think it runs between $550mil - $625mil.  I would have accepted a $15mil Jackpot. But $363mil would be a world changing event. This will change many people's lives, is an under statement.

                          golfer1960's avatar - Lottery-003.jpg
                          Eatontown, NJ
                          United States
                          Member #119670
                          November 29, 2011
                          740 Posts
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                          Posted: June 22, 2016, 11:57 am - IP Logged

                          Hmmmm....$363M?? I love it!

                          dreaming

                            music*'s avatar - nw bookeep.jpg
                            Happy California
                            United States
                            Member #157856
                            August 2, 2014
                            1522 Posts
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                            Posted: June 22, 2016, 12:07 pm - IP Logged

                             Even the 30-year payment plan looks inviting. I do not know anyone who would complain about receiving a check in the mail once a year. It would be like a second Christmas or Birthday party.

                             This would take more discipline to not overspend. Live on a monthly budget of about $300,000.00/month. And a daily budget of $10,000.00/day.

                             What will you do with all of your free time? Do not underestimate this personal challenge.

                             Golfing, Shopping, Fishing, Hobbies, Volunteer for many different causes, College, Second career, Travel,

                            America offers so many choices to use your time wisely.

                             I've been rich and I've been poor. Believe me, rich is better. 

                             Attributed to Joe E. Lewis and others