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

Topic closed. 72 replies. Last post 5 months ago by Bleudog101.

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Eatontown, NJ
United States
Member #119670
November 29, 2011
740 Posts
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Posted: June 22, 2016, 12:34 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.

Amen Music*, America offers so much that I wouldn't have to leave the country to enjoy this $363M bounty. However, we still need to make America Great Again. Patriot

    Bondi Junction
    Australia
    Member #57242
    December 24, 2007
    1102 Posts
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    Posted: June 22, 2016, 1:32 pm - IP Logged

    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

    Remaining Anonymous After Winning the Lottery: Using a Trust Within a Trust

    For high profile lottery winners who want even greater anonymity, a trust within a trust structure is recommended. This is an advanced strategy that should only be taken with competent and experienced legal counsel.

    We all get a lot out of lotteries!

      LottoLucy's avatar - hereslucy header.jpg

      United States
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      August 14, 2012
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      Posted: June 22, 2016, 2:01 pm - 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

      I'd like to be at the lottery office when a Cylon walks in to claim the jackpot.  At least I am assuming that the picture Todd posts with is a selfie.

      Lotto Lucy

        Avatar

        United States
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        December 13, 2015
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        Posted: June 22, 2016, 4:25 pm - IP Logged

        I'd like to be at the lottery office when a Cylon walks in to claim the jackpot.  At least I am assuming that the picture Todd posts with is a selfie.

        LOLBest comment all day!

          Avatar
          Republic of Texas
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          January 9, 2008
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          Posted: June 22, 2016, 4:45 pm - IP Logged

          Count me in!

          face

          singlewinnersinglewinnersinglewinner   

            hearsetrax's avatar - 0118

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            Posted: June 22, 2016, 4:49 pm - IP Logged

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

            go chase your fleas

              Groppo's avatar - cat anm.gif

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              Member #162631
              January 7, 2015
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              Posted: June 22, 2016, 4:50 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.

              .

              If I won the JP, I think what I would spend my free time investigating F1 Racing, and hope I could could get good enough to participate in, or be invited to race in one of the "Big Boy" races: Monaco, etc.

              NASCAR doesn't interest me, as I'd hate to fall asleep behind the wheel.

              • 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)
                Groppo's avatar - cat anm.gif

                United States
                Member #162631
                January 7, 2015
                507 Posts
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                Posted: June 22, 2016, 4:56 pm - IP Logged

                Remaining Anonymous After Winning the Lottery: Using a Trust Within a Trust

                For high profile lottery winners who want even greater anonymity, a trust within a trust structure is recommended. This is an advanced strategy that should only be taken with competent and experienced legal counsel.

                .

                Thank you for the Tw/iT suggestion. I will definitely look into that.


                But gosh-darn folks, I just want $1 million minus taxes. I'd be fine with that, for a long while.

                • 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)
                  Groppo's avatar - cat anm.gif

                  United States
                  Member #162631
                  January 7, 2015
                  507 Posts
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                  Posted: June 22, 2016, 5:03 pm - IP Logged

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

                  I sure hope you're joking about that, AND, I hope you are getting paid by Friday,
                  so you can sink an ever-increasing amount into random tickets for the 6/24/2016 drawing.

                  • 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)
                    music*'s avatar - nw bookeep.jpg
                    Happy California
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                    Posted: June 22, 2016, 5:21 pm - IP Logged

                    Amen Music*, America offers so much that I wouldn't have to leave the country to enjoy this $363M bounty. However, we still need to make America Great Again. Patriot

                    I Agree! California would be my home base. Then I would explore the rest of the USA.

                     As to politics,"Comfort the afflicted and afflict the comfortable". 

                     Sometimes change is difficult. Such as moving from one home to another.

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

                     Attributed to Joe E. Lewis and others

                      lejardin's avatar - Lottery-014.jpg

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                      Member #118609
                      November 4, 2011
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                      Posted: June 22, 2016, 6:33 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.

                      Excellent post Music!  At my age I would not take the annuity but the thought of receiving money every year would be nice, but then so would looking at your investment statements, bank accounts etc.  I honestly dont think I could spend $10,000 a day, well at least after maybe a week or two to get spending out of my system. Maybe a once a week donation for Salvation Army, a church, animal shelter, habitat for humanity, and I am sure there are plenty of causes for our veterans.  Wounded Warriors was my choice but I am rethinking them after the story about their lavish spending for parties and meetings.  The holidaysNoel are coming and you can be a secret santa Santa, pay off peoples lawaways, all anonymously of courseSmiley Santa.

                       

                      You are right, there is a lot of things that can be done right here in the Good Ole USA.


                        United States
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                        Posted: June 22, 2016, 6:50 pm - IP Logged

                        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.

                        This I don't understand.  How is it helping you if a winner gives you some scraps off their dinner table?

                        I wouldn't ask Todd for money, I'd send him $10 and ask him to buy tickets for me!

                        That's the way to do it!

                          Think's avatar - lightbulb
                          Marquette, MI
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                          August 20, 2005
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                          Posted: June 22, 2016, 7:17 pm - IP Logged

                          "...in the span of 15 years record-setting multi-state lottery jackpots went from $363 million to $1.6 billion is truly momentous"

                          Shouldn't that last word be 'monotonous' ?

                            Kyle7824's avatar - Lottery-042.jpg
                            Greenville, NC
                            United States
                            Member #157301
                            July 14, 2014
                            3408 Posts
                            Online
                            Posted: June 22, 2016, 8:30 pm - IP Logged

                            Well... While yaw are worrying about this MM JP I will casually scoop up PB :-)

                              TheMeatman2005's avatar - lightening
                              Brooklyn, NY
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                              October 29, 2015
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                              Posted: June 22, 2016, 10:27 pm - IP Logged

                              "...in the span of 15 years record-setting multi-state lottery jackpots went from $363 million to $1.6 billion is truly momentous"

                              Shouldn't that last word be 'monotonous' ?

                              "...in the span of 15 years record-setting multi-state lottery jackpots went from $363 million to $1.6 billion is truly momentous"

                              Shouldn't that last word be 'monotonous' ?

                              mo·men·tous
                              mo'men(t)?s,m?'men(t)?s/
                              adjective
                              1. (of a decision, event, or change) of great importance or significance, especially in its bearing on the future.
                              mo·not·o·nous
                              m?'nätn?s/
                              adjective
                              1. dull, tedious, and repetitious; lacking in variety and interest

                               

                              "...in the span of 15 years record-setting multi-state lottery jackpots went from $363 million to $1.6 billion is truly of great importance or significance, especially in its bearing on the future."
                              "...in the span of 15 years record-setting multi-state lottery jackpots went from $363 million to $1.6 billion is truly dull, tedious, and repetitious; lacking in variety and interest"
                              Todd used the correct word

                              The Meatman

                              “The quickest way to double your money is to fold it in half and put it in your back pocket.” Will Rogers

                              Winning happens in a flash, Like A Bolt Of Lightning!  Patriot