Welcome Guest
Log In | Register )
You last visited April 28, 2017, 5:38 pm
All times shown are
Eastern Time (GMT-5:00)

$403 MILLION: Powerball jackpot to guarantee a happy holidays for lucky winner

PowerballPowerball: $403 MILLION: Powerball jackpot to guarantee a happy holidays for lucky winner
54
Rating:

By Todd Northrop

While you're out Black Friday shopping, don't forget to pick up some Powerball tickets.

For the fourth time this year, the multi-state Powerball lottery game's jackpot has crossed over the $400 million mark, and entered into the realm of wealth so vast that it's hard to imagine.

After nobody won Wednesday's $374.1 million grand prize, the Powerball jackpot increased to a whopping $403 million for Saturday's drawing — the 13th-largest US lottery jackpot of all time.

But since most winners choose the lump-sum cash option, the $243.8 million cash value of Saturday's Powerball jackpot is what might get people buying a few extra tickets.  It's the 11th-largest cash value of any jackpot in US lottery history.

The complete top-25 list of United States lottery jackpot annuity and cash values can be found at the end of this article.

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.

Saturday's mega boatload of cash is the result of 19 consecutive draws without a winner.  The run-up started as a $40 million prize on Sept. 21.

Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs. For example, the original estimate for Wednesday's drawing was $359 million, but by the time all the proceeds were counted just before draw-time, the jackpot had swelled to $374.1 million.  The cash value increased from $219.6 million to $228.8 million.

The winning numbers for Wednesday, Nov. 23, 2016 were 7, 32, 41, 47, and 61, with Powerball number 3.  The Power Play number was 2.

Although nobody won the jackpot Wednesday night, 3 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 1 from Florida, and 1 from Maryland. None of the three winning tickets was purchased with the Power Play option.  If they had, their prize would have been automatically doubled to $2,000,000.

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.

40 tickets matched four white numbers plus the Powerball and won $50,000.  Of those tickets, 7 were purchased with the Power Play option, increasing the prize to $100,000, and 5 were purchased in California where the prize was $17,672 this drawing.  California prize amounts differ from the rest of the country because the state 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.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $28.9 million from its previous amount of $374.1 million. The cash value was raised by $15 million from its previous amount of $228.8 million.

The next Powerball drawing will take place Saturday day night at 10:59 pm Eastern Time.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, the second prize amount doubles to $2,000,000, and all other non-jackpot prizes are multiplied by the Power Play number randomly drawn that evening.

A complete list of prizes available for matching various numbers can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts page at Lottery Post.

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 13th-largest lottery jackpot of all time.  The amount of the jackpot may rise even further by the time the drawing takes place, as lotteries are typically conservative in their initial estimates.

  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: $536 million, Jul. 8, 2016 - Indiana
  8. Powerball: $487 million, Jul. 30, 2016 - New Hampshire
  9. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  10. Powerball: $429.6 million, May 7, 2016 - New Jersey
  11. Powerball: $425.3 million, Feb. 19, 2014 - California
  12. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  13. Powerball: $403 million, Nov. 26, 2016 - Preliminary estimate, not won yet
  14. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  15. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  16. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  17. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  18. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  19. Powerball: $340 million, Oct. 19, 2005 - Oregon
  20. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  21. Powerball: $337 million, Aug. 15, 2012 - Michigan
  22. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  23. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  24. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  25. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia

For those keeping score, the number of jackpots in the top 25, by lottery game, are:

  • Powerball: 15
  • Mega Millions: 8
  • 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 11th-largest lump-sum cash value jackpot in 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: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana
  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: $336.8 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire
  9. Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) - New Jersey
  10. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  11. Powerball: $243.8 million cash, Nov. 26, 2016 ($403 million annuity) - Preliminary estimate, not won yet
  12. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  13. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  14. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  15. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  16. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  17. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  18. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  19. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  20. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  21. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  22. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($321 million annuity) - New York
  23. Powerball: $197.4 million cash, Sep. 30, 2015 ($310.5 million annuity) - Michigan
  24. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  25. Powerball: $191.9 million cash, Mar. 2, 2016 ($291.4 million annuity) - Florida

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

  • Powerball: 15
  • Mega Millions: 10

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.

61 comments. Last comment 5 months ago by Redd55.
Page 1 of 5
haymaker's avatar - Lottery-012.jpg
Egg Harbor twp.south Jersey shore
United States
Member #112968
June 29, 2011
3912 Posts
Offline
Posted: November 25, 2016, 9:26 am - IP Logged

Thanks Todd,

Always fun to read the top 25 list !

Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

    gocart1's avatar - lighthouse
    ONEONTA,NEW YORK
    United States
    Member #30516
    January 17, 2006
    423 Posts
    Offline
    Posted: November 25, 2016, 9:37 am - IP Logged

    Thanks Todd,

    Always fun to read the top 25 list !

    I Agree!    HAPPY THANKSGIVING EVERYONE...PartyUS FlagParty

      cbr$'s avatar - maren
      Cordova,Al.
      United States
      Member #104482
      January 15, 2011
      6513 Posts
      Online
      Posted: November 25, 2016, 9:59 am - IP Logged
      Thanks Todd. Look like I may be going on a road trip again. Four hours long, 
      one way. Wander why my state can't get this right? Oh , well.Cool
        Avatar

        United States
        Member #164725
        March 12, 2015
        605 Posts
        Online
        Posted: November 25, 2016, 10:18 am - IP Logged

        Interesting that the largest jackpots had to be split 2 or 3 ways while with some of the smaller ones, the single winner took home more. 

        Wink

          hearsetrax's avatar - 0118

          United States
          Member #52345
          May 21, 2007
          2713 Posts
          Offline
          Posted: November 25, 2016, 11:19 am - IP Logged

          Skeptical time to spend another few bucks.......

            wander73's avatar - Lottery-008.jpg
            Philadelphia, PA
            United States
            Member #153774
            March 24, 2014
            1796 Posts
            Offline
            Posted: November 25, 2016, 11:56 am - IP Logged

            If there was a winner tomorrow night then they need to open up on three financial institutions

              noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
              Chasing the Dream.
              Utopia- California
              United States
              Member #136477
              December 12, 2012
              4262 Posts
              Offline
              Posted: November 25, 2016, 12:00 pm - IP Logged

               California is long overdue, l can sense this jackpot coming to a boil.

              ***On a side note: stepped on the scale this morning and actually dropped weight after eating a good portion of the bird yesterday. This could be a sign, a good sign. What's that old saying" You win by losing. "

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

                dpoly1's avatar - driver
                PA
                United States
                Member #66141
                October 16, 2008
                1699 Posts
                Offline
                Posted: November 25, 2016, 12:02 pm - IP Logged

                Dance

                A nice tidy sum of money to win!

                $$$$$$

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

                 

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

                  Avatar
                  New Member
                  NYC
                  United States
                  Member #176202
                  July 25, 2016
                  5 Posts
                  Offline
                  Posted: November 25, 2016, 12:38 pm - IP Logged

                  If no winner, it will roll over to $465 Million dollars

                  Happy Thanksgiving to everyone!!!

                  Good luck to all of us!

                    lejardin's avatar - Lottery-014.jpg

                    United States
                    Member #118609
                    November 4, 2011
                    1127 Posts
                    Offline
                    Posted: November 25, 2016, 1:20 pm - IP Logged

                    I will go out only to get my PB tickets.  $403 million is a humongous amount to win as it is.  With each draw it gets more exciting as our hope grows.  I agree with Todd, someone is going to have a truly WONDERFUL holiday season, I sure wouldnt mind being that person or one of...

                    And if it rolls Saturday, $465 MILLION....... Holy Moly, well I would like the chance to prove I would do good with it.

                    Sincere Good Wishes to All.

                      music*'s avatar - bee
                      Fresno California
                      United States
                      Member #157856
                      August 2, 2014
                      1691 Posts
                      Offline
                      Posted: November 25, 2016, 2:00 pm - IP Logged

                      I will go out only to get my PB tickets.  $403 million is a humongous amount to win as it is.  With each draw it gets more exciting as our hope grows.  I agree with Todd, someone is going to have a truly WONDERFUL holiday season, I sure wouldnt mind being that person or one of...

                      And if it rolls Saturday, $465 MILLION....... Holy Moly, well I would like the chance to prove I would do good with it.

                      Sincere Good Wishes to All.

                      I Agree! with lejardin. I hope the winner is an LP member.

                      Keep the good times rolling !!!  White Bounce

                        LottoAce's avatar - WWI Flying_Ace.gif
                        N.C.
                        United States
                        Member #56005
                        October 28, 2007
                        877 Posts
                        Offline
                        Posted: November 25, 2016, 2:13 pm - IP Logged

                        It would be a nice payday; for sure.

                        "know your limitations, but excede your expectations"

                          TheGameGrl's avatar - character catafly.jpg
                          A long and winding road
                          United States
                          Member #17084
                          June 10, 2005
                          4742 Posts
                          Offline
                          Posted: November 25, 2016, 3:53 pm - IP Logged

                          Hope folks get out to play it...that will be more cash for this lil lady when it's time to claim ;)

                          Good luck players!

                          ~~Give Freely and Blessings will Come..:695,564,494. 1099 ,6599,1599

                            Tatototman65's avatar - Lottery-009.jpg

                            United States
                            Member #138729
                            February 4, 2013
                            2913 Posts
                            Online
                            Posted: November 25, 2016, 4:25 pm - IP Logged

                            Good luck to all players!

                            Smile

                            *Do you live in MI and want legal regulated online poker? Click on me
                            *Do you live in NY and want legal regulated online poker? Click on me
                            *Do you live in PA and want legal regulated online poker? Click on me
                            *Do you live in CA and want legal regulated online poker? Click on me