$430 MILLION: Powerball lottery jackpot surges on rollover

Aug 13, 2017, 8:53 am (48 comments)

Powerball

By Todd Northrop

Coming into this weekend there were two big jackpots generating lots of excitement and ticket sales; going out there's just one — and it's enormous.

When Mega Million's $393 million jackpot was won by a single ticket sold in Illinois Friday night, the nation's attention shifted to Powerball's monster jackpot, which had increased to $371.1 million by draw time.

The Powerball numbers drawn Saturday night were 20, 24, 26, 35, and 49, with Powerball number 19 and Power Play number 2.

A short time later when it was determined that there were no tickets sold matching all six numbers, the new jackpot for the Wednesday drawing was set to an estimated $430 million, with a lump-sum cash option of $273.4 million.

Powerball has been incredibly hot this year.  The current jackpot run-up comes on the heels of another run-up that culminated in a $447.8 million jackpot won with a ticket sold in California in June.  That prize was claimed in July by Jeff Lindsay, who requested minimal publicity. 

The largest Powerball jackpot ever awarded was on January 13, 2016, when three tickets from California, Florida, and Tennessee shared a $1.6 billion grand prize.  The Florida and Tennessee winners claimed their prizes quickly, but the California winner waited about six months to claim their share.

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.

Even though nobody won the jackpot Saturday, 5 lucky players matched the first 5 numbers for a $1,000,000 prize: 2 from California, 1 from Illinois, 1 from New York, and 1 from Texas.

None of the second-prize tickets were sold with the Power Play option. If they had, their prize would have been doubled to $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.

The California prize pool for second prize was $1,621,680 this drawing, so that cash will be split by the two California second-prize winners, who will receive $810,840 each.

Across the nation, 64 tickets matched four white numbers plus the Powerball and won $50,000.  Of those tickets, 5 were purchased with the Power Play option, increasing the prize to $100,000, and 9 of the tickets were sold in California, where the prize was worth $13,906 this drawing.

Following the Saturday drawing, the Powerball annuity jackpot estimate was raised $58.9 million from its previous amount of $371.1 million. The cash value was raised by $39.9 million from its previous amount of $233.5 million.

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

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, second-prize winners have their prizes automatically doubled to $2 million, while all other non-jackpot prizes are multiplied by the Power Play number drawn that evening. All prize payout amounts, including Power Play multipied prizes, 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 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

Wednesday's Powerball jackpot currently stands as the 12th-largest lottery jackpot of all time in the United States.  That position may rise before the drawing, 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. 11, 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: $447.8 million, Jun. 10, 2017 - California
  11. Powerball: $435.3 million, Feb. 22, 2017 - Indiana
  12. Powerball: $430 million, Aug. 16, 2017 - Preliminary estimate, not won yet
  13. Powerball: $429.6 million, May 7, 2016 - New Jersey
  14. Powerball: $425.3 million, Feb. 19, 2014 - California
  15. Powerball: $420.9 million, Nov. 26, 2016 - Tennessee
  16. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  17. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  18. Mega Millions: $393 million, Aug. 11, 2017 - Illinois
  19. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  20. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  21. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  22. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  23. Powerball: $340 million, Oct. 19, 2005 - Oregon
  24. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  25. Powerball: $337 million, Aug. 15, 2012 - Michigan

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

  • Powerball: 17
  • Mega Millions: 7
  • The Big Game: 1

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 upcoming Powerball jackpot ranks as the 11th-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. 11, 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: $279.1 million cash, Jun. 10, 2017 ($447.8 million annuity) - California
  11. Powerball: $273.4 million cash, Aug. 16, 2017 ($430 million annuity) - Preliminary estimate, not won yet
  12. Powerball: $263.5 million cash, Feb. 22, 2017 ($435.3 million annuity) - Indiana
  13. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  14. Powerball: $254.7 million cash, Nov. 26, 2016 ($420.9 million annuity) - Tennessee
  15. Mega Millions: $246.5 million cash, Aug. 11, 2017 ($393 million annuity) - Illinois
  16. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  17. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  18. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  19. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  20. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  21. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  22. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  23. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  24. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  25. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York

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

  • Powerball: 16
  • Mega Millions: 9

Lottery Post Staff

Comments

Bleudog101

Had a feeling she'd swell after the Mega Millions was won.  Keep rolling over baby, next time it'll be 100 million more, give her time to build up momentum.

 

Received an email the KY Lottery--$8 won on-line.  BettOr (sic) than nothing.

Tatototman65's avatarTatototman65

Good luck to all players!

Smile

dpoly1's avatardpoly1

Dance

Ka-ching!

Daddy needs the money!

mypiemaster's avatarmypiemaster

Let's see if it will bounce up to half a billy{$500m} by next draw, now that MM has been won.  White BounceWhite Bounce

haymaker's avatarhaymaker

Meh...

Maybe I'll buy a ticket if it makes it into the top 10 and I go to Delaware for my LFL tix.

 

Either way I hope there's more then 1 winner...maybe 10, that's a good #

hearsetrax's avatarhearsetrax

meh......

after a disappointing MM dud, I'll wait out this next one

Todd's avatarTodd

Quote: Originally posted by hearsetrax on Aug 13, 2017

meh......

after a disappointing MM dud, I'll wait out this next one

A dud?  We've come a long way when a $393 million jackpot is a dud.  I'm definitely going to risk $2 for a chance at $430 million.  Seems like a no-brainer to me.

ressuccess's avatarressuccess

I had wished that there's one Powerball jackpot winning ticket sold so that way we'll have back to back jackpot winning tickets for the first time since Friday March 31st and Saturday April 1st, 2017. I hope the Powerball jackpot continues to roll.

haymaker's avatarhaymaker

Quote: Originally posted by Todd on Aug 13, 2017

A dud?  We've come a long way when a $393 million jackpot is a dud.  I'm definitely going to risk $2 for a chance at $430 million.  Seems like a no-brainer to me.

Todd,

Just trying to imagine the news headline.

"Owner of kick-azz lottery website wins huge jackpot"

That would get some attention...ya think ? LOL !

Bleudog101

Quote: Originally posted by haymaker on Aug 13, 2017

Todd,

Just trying to imagine the news headline.

"Owner of kick-azz lottery website wins huge jackpot"

That would get some attention...ya think ? LOL !

It would be icing on the cake when one of us LP members hits the JACKPOT! 

 

Who wouldn't want to be contacted by Todd and asked to conduct an interview?  Bring it on baby, I'm ready for a big win!

OneTrickpony's avatarOneTrickpony

CNBC - MSN Money just gave props to USAMega twice in their article about the lottery and the taxes that are paid on winnings.  Nothing the members here don't already know, but it was kind of exciting to see USAMega mentioned.  Congrats Todd!

http://www.msn.com/en-us/money/markets/heres-the-tax-bill-on-that-dollar393-million-mega-millions-win/ar-AApVGZp?li=BBmkt5R&ocid=spartanntp

Toronto

I NEED this

noise-gate

Most jackpot winners are almost always 95% of the time or higher, close to a large body of water.That puts the Bay Area's chances right up there with the best of them. You heard it here first Big Smile.

*  When l hit it, l will leave a large tip on the table,then it's bye bye Broadway.

Rman313's avatarRman313

Quote: Originally posted by OneTrickpony on Aug 13, 2017

CNBC - MSN Money just gave props to USAMega twice in their article about the lottery and the taxes that are paid on winnings.  Nothing the members here don't already know, but it was kind of exciting to see USAMega mentioned.  Congrats Todd!

http://www.msn.com/en-us/money/markets/heres-the-tax-bill-on-that-dollar393-million-mega-millions-win/ar-AApVGZp?li=BBmkt5R&ocid=spartanntp

SmileUSAmega is where I get my stats from. Has helped me win more often. Love that site!

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