Welcome Guest
Log In | Register )
You last visited December 10, 2016, 9:06 pm
All times shown are
Eastern Time (GMT-5:00)

$540 MILLION: Mega Millions jackpot raised on huge sales

Mega MillionsMega Millions: $540 MILLION: Mega Millions jackpot raised on huge sales
4.84
Rating:

Cash value leaps to 5th-largest ever

Update: Top-25 cash value list updated to include current Powerball jackpot; bumps The Big Game off the list

By Todd Northrop

A rush of ticket sales for the half-billion-dollar Mega Millions jackpot has prompted lottery officials to revise their estimate for the Friday night drawing to $540 million.

The all-important lump-sum cash value is now estimated to be a staggering $380 million — propelling it to the fifth-largest cash value offered by any lottery game in US history, and just a few million from becoming the third-largest of all time.

Friday's drawing will be the 35th since Mega Millions had a winner — the longest rollover stretch in the game's history. Since the last winner in March, Mega Million tickets sales have exceeded $1 billion.

Sales prior to the last drawing on Tuesday night also were higher than expected, at around $107 million. Sales were anticipated to hit $80 million.

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

Mega Millions drawing results will be posted immediately after the 11:00 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating states have reported their data, which normally occurs within a few hours after the drawing.

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

The odds of winning the jackpot are approximately 1 in 259 million. The odds of winning any of the Mega Millions prizes are 1 in 14.7.

Mega Millions tickets cost $1 each. For an extra $1 per ticket players can purchase the Megaplier option, which multiplies any non-jackpot won by up to 5 times, depending on the Megaplier number drawn that evening.

The only state that does not offer the Megaplier is California, because state law banning fixed lottery prize amounts is not compatible with the fixed nature of the Megaplier payouts.

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

Mega Millions features nine different prize levels, ranging from $1 all the way up to the jackpot. Players can win even if they just match one number — the Mega Ball number.

Top 25 United States lottery jackpots of all time

Friday's Mega Millions jackpot currently stands as the 7th-largest lottery jackpot of all time in the United States.

  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. Mega Millions: $540 million, Jul. 8, 2016 - Preliminary estimate, not won yet
  8. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  9. Powerball: $429.6 million, May 7, 2016 - New Jersey
  10. Powerball: $425.3 million, Feb. 19, 2014 - California
  11. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  12. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  13. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  14. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  15. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  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 5th-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. Mega Millions: $380 million cash, Jul. 8, 2016 ($540 million annuity) - Preliminary estimate, not won yet
  6. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  7. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) - California, Georgia
  8. Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) - New Jersey
  9. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  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. Powerball: $201.4 million cash, Jul. 9, 2016 ($288 million annuity) - Preliminary estimate, not won yet
  21. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($321 million annuity) - New York
  22. Powerball: $197.4 million cash, Sep. 30, 2015 ($310.5 million annuity) - Michigan
  23. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  24. Powerball: $191.9 million cash, Mar. 2, 2016 ($291.4 million annuity) - Florida
  25. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California

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

  • Powerball: 14
  • Mega Millions: 11

Lottery Post Staff

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

120 comments. Last comment 5 months ago by noise-gate.
Page 1 of 9
helpmewin's avatar - dandy
u$a
United States
Member #106665
February 22, 2011
19911 Posts
Offline
Posted: July 7, 2016, 12:36 pm - IP Logged

Rock on Mega Millions $540 MillionParty

Let it Snow Snowman

    music*'s avatar - nw bookeep.jpg
    Happy California
    United States
    Member #157856
    August 2, 2014
    1522 Posts
    Offline
    Posted: July 7, 2016, 12:50 pm - IP Logged

    Rock on Mega Millions $540 MillionParty

    I Agree!  Jackpot FRENZY !!!!  WOW!

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

     Attributed to Joe E. Lewis and others

      Kingofearth's avatar - Kinnak
      Upstate NY
      United States
      Member #174656
      May 5, 2016
      780 Posts
      Online
      Posted: July 7, 2016, 12:51 pm - IP Logged

      Cash value leaps to 5th-largest ever

      Update: Top-25 cash value list updated to include current Powerball jackpot; bumps The Big Game off the list

      By Todd Northrop

      A rush of ticket sales for the half-billion-dollar Mega Millions jackpot has prompted lottery officials to revise their estimate for the Friday night drawing to $540 million.

      The all-important lump-sum cash value is now estimated to be a staggering $380 million — propelling it to the fifth-largest cash value offered by any lottery game in US history, and just a few million from becoming the third-largest of all time.

      Friday's drawing will be the 35th since Mega Millions had a winner — the longest rollover stretch in the game's history. Since the last winner in March, Mega Million tickets sales have exceeded $1 billion.

      Sales prior to the last drawing on Tuesday night also were higher than expected, at around $107 million. Sales were anticipated to hit $80 million.

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

      Mega Millions drawing results will be posted immediately after the 11:00 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating states have reported their data, which normally occurs within a few hours after the drawing.

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

      The odds of winning the jackpot are approximately 1 in 259 million. The odds of winning any of the Mega Millions prizes are 1 in 14.7.

      Mega Millions tickets cost $1 each. For an extra $1 per ticket players can purchase the Megaplier option, which multiplies any non-jackpot won by up to 5 times, depending on the Megaplier number drawn that evening.

      The only state that does not offer the Megaplier is California, because state law banning fixed lottery prize amounts is not compatible with the fixed nature of the Megaplier payouts.

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

      Mega Millions features nine different prize levels, ranging from $1 all the way up to the jackpot. Players can win even if they just match one number — the Mega Ball number.

      Top 25 United States lottery jackpots of all time

      Friday's Mega Millions jackpot currently stands as the 7th-largest lottery jackpot of all time in the United States.

      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. Mega Millions: $540 million, Jul. 8, 2016 - Preliminary estimate, not won yet
      8. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
      9. Powerball: $429.6 million, May 7, 2016 - New Jersey
      10. Powerball: $425.3 million, Feb. 19, 2014 - California
      11. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
      12. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
      13. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
      14. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
      15. Powerball: $365 million, Feb. 18, 2006 - Nebraska
      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 5th-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. Mega Millions: $380 million cash, Jul. 8, 2016 ($540 million annuity) - Preliminary estimate, not won yet
      6. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
      7. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) - California, Georgia
      8. Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) - New Jersey
      9. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
      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. Powerball: $201.4 million cash, Jul. 9, 2016 ($288 million annuity) - Preliminary estimate, not won yet
      21. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($321 million annuity) - New York
      22. Powerball: $197.4 million cash, Sep. 30, 2015 ($310.5 million annuity) - Michigan
      23. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
      24. Powerball: $191.9 million cash, Mar. 2, 2016 ($291.4 million annuity) - Florida
      25. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California

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

      • Powerball: 14
      • Mega Millions: 11

      The Powerball Cash value is at 200M. Why is it not added to the top 25 Cash list? 

        Todd's avatar - Cylon 2.gif
        Chief Bottle Washer
        New Jersey
        United States
        Member #1
        May 31, 2000
        23277 Posts
        Online
        Posted: July 7, 2016, 1:04 pm - IP Logged

        Thanks to Louis E. for writing to us about the current Powerball cash value being excluded from the cash value list.  The cash value list has been updated to include the current Powerball cash value.  In a crush to lottery nostalgia, the last Big Game cash value on the top-25 was bumped off.  Two annuity Big Game jackpots still appear on the annuity list however.

        This marks the first time since I've been tracking the top-25s that two current jackpots appear on the list at the same time.  Great for lottery players!

         

        Check the State Lottery Report Card
        What grade did your lottery earn?

         

        Sign the Petition for True Lottery Drawings
        Help eliminate computerized drawings!


          United States
          Member #106134
          February 13, 2011
          806 Posts
          Offline
          Posted: July 7, 2016, 1:27 pm - IP Logged

          Very nice, everyone out there is starting to get in the game.

            Avatar

            United States
            Member #135804
            November 29, 2012
            318 Posts
            Offline
            Posted: July 7, 2016, 1:34 pm - IP Logged

            I want it Banana

              helpmewin's avatar - dandy
              u$a
              United States
              Member #106665
              February 22, 2011
              19911 Posts
              Offline
              Posted: July 7, 2016, 1:34 pm - IP Logged

              Very nice, everyone out there is starting to get in the game.

              i think most older people are going to the casinos and not playing the lottery so much.

              Let it Snow Snowman

                music*'s avatar - nw bookeep.jpg
                Happy California
                United States
                Member #157856
                August 2, 2014
                1522 Posts
                Offline
                Posted: July 7, 2016, 1:44 pm - IP Logged

                i think most older people are going to the casinos and not playing the lottery so much.

                 A convenient bet of one dollar could make you hundreds of dollars. I think that most players will take that chance and also go to the casinos.Smile

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

                 Attributed to Joe E. Lewis and others

                  wander73's avatar - Lottery-038.jpg
                  Philadelphia, PA
                  United States
                  Member #153774
                  March 24, 2014
                  925 Posts
                  Online
                  Posted: July 7, 2016, 2:21 pm - IP Logged

                  I see it went up. Still have 32 hours within so this lottery could get to $600 million.

                   

                  I want to see what everyone has in Maddogs challenge.

                    hearsetrax's avatar - 0118

                    United States
                    Member #52345
                    May 21, 2007
                    2659 Posts
                    Offline
                    Posted: July 7, 2016, 2:21 pm - IP Logged

                    Skeptical going to be an interesting evening .... but have my doubts its ready to be won just yet Twitch

                      wander73's avatar - Lottery-038.jpg
                      Philadelphia, PA
                      United States
                      Member #153774
                      March 24, 2014
                      925 Posts
                      Online
                      Posted: July 7, 2016, 2:24 pm - IP Logged

                      Skeptical going to be an interesting evening .... but have my doubts its ready to be won just yet Twitch

                      It will be.   No doubt in my mind.

                        fwlawrence's avatar - Yavill
                        Austin
                        United States
                        Member #9378
                        December 6, 2004
                        210 Posts
                        Offline
                        Posted: July 7, 2016, 2:30 pm - IP Logged

                        Twice in the article it says Saturday when it should say Friday.

                          Avatar

                          United States
                          Member #171241
                          January 4, 2016
                          75 Posts
                          Offline
                          Posted: July 7, 2016, 2:34 pm - IP Logged

                          3 top ten all time jackpots in the first 6-7 months of this year with the possibility of a 4th by the end of next week, this is turning into a record year for PB/MM Mega-Power syndicate.

                            music*'s avatar - nw bookeep.jpg
                            Happy California
                            United States
                            Member #157856
                            August 2, 2014
                            1522 Posts
                            Offline
                            Posted: July 7, 2016, 2:42 pm - IP Logged

                            Twice in the article it says Saturday when it should say Friday.

                            fwlawrence, Since you live in Austin,Texas you do not have far to cash in your winning ticket.

                             You could Private Message Todd about the,"Saturday/Friday" mistake. 

                            Good Luck!!

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

                             Attributed to Joe E. Lewis and others