$667 MILLION: Biggest Mega Millions jackpot ever

Oct 16, 2018, 12:58 pm (90 comments)

Mega Millions

By Todd Northrop

Mega Millions is making history tonight, with the biggest jackpot the multi-state lottery game has ever seen.

A rush of ticket sales for the colossal Mega Millions jackpot has prompted lottery officials to revise their estimate for the Tuesday night drawing to $667 million.  It is the 3rd-largest jackpot in US lottery history. (The updated top-25 list of annuity and cash values can be found below.)

The all-important lump-sum cash value is now estimated to be a staggering $380 million, the 6th-largest lottery jackpot cash value of all time, and the 2nd-largest for the Mega Millions game.

Tuesday's drawing will be the 23rd since Mega Millions had a winner. The current jackpot run-up started on July 27 as a $40 million grand prize.

The United States' other big multi-state lottery game, Powerball, has also been heating up in the past couple of weeks, giving lottery players a rare chance at playing for jackpot money worth greater than $1 billion.  With the latest Mega Millions increase, the combined value of the two multi-state lottery jackpots offered this week is currently $1.012 billion.

"It's always a thrill to have both jackpots rolling, but there's an extra spark now with Mega Millions reaching a new record," said Gordon Medenica, Mega Millions Lead Director and Maryland Lottery and Gaming Director. "Everyone is talking about the jackpot and running out to buy tickets for tonight's drawing."

Lottery players seeking to check the winning numbers Tuesday 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.

According to the Texas Lottery, if nobody wins tonight's Mega Millions jackpot, the new jackpot for Friday will be a jaw-dropping $868 million — the 2nd-largest jackpot of all time.  The Maryland Lottery says the new cash value will be $495 million. A half-billion dollars in cash!

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 302 million. The odds of winning any of the Mega Millions prizes are 1 in 24.

Mega Millions tickets cost $2 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 $2 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

Tuesday's Mega Millions jackpot currently stands as the 3rd-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. Powerball: $758.7 million, Aug. 23, 2017 - Massachusetts
  3. Mega Millions: $667 million, Oct. 16, 2018 - Preliminary estimate, not won yet
  4. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  5. Mega Millions: $636 million, Dec. 17, 2013 - California, Georgia
  6. Powerball: $590.5 million, May 18, 2013 - Florida
  7. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  8. Powerball: $564.1 million, Feb. 11, 2015 - North Carolina, Puerto Rico, Texas
  9. Powerball: $559.7 million, Jan. 6, 2018 - New Hampshire
  10. Mega Millions: $543 million, Jul. 24, 2018 - California
  11. Mega Millions: $536 million, Jul. 8, 2016 - Indiana
  12. Mega Millions: $533 million, Mar. 30, 2018 - New Jersey
  13. Powerball: $487 million, Jul. 30, 2016 - New Hampshire
  14. Powerball: $456.7 million, Mar. 17, 2018 - Pennsylvania
  15. Mega Millions: $451 million, Jan. 5, 2018 - Florida
  16. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  17. Powerball: $447.8 million, Jun. 10, 2017 - California
  18. Powerball: $435.3 million, Feb. 22, 2017 - Indiana
  19. Powerball: $429.6 million, May 7, 2016 - New Jersey
  20. Powerball: $425.3 million, Feb. 19, 2014 - California
  21. Powerball: $420.9 million, Nov. 26, 2016 - Tennessee
  22. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  23. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  24. Mega Millions: $393 million, Aug. 11, 2017 - Illinois
  25. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey

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

  • Powerball: 15
  • Mega Millions: 10

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 6th-largest cash value in U.S. history.

  1. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  2. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
  3. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  4. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  5. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  6. Mega Millions: $380 million cash, Oct. 16, 2018 ($667 million annuity) - Preliminary estimate, not won yet
  7. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana
  8. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  9. Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) - New Hampshire
  10. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) - California, Georgia
  11. Powerball: $336.8 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire
  12. Mega Millions: $324 million cash, Mar. 30, 2018 ($533 million annuity) - New Jersey
  13. Mega Millions: $320.5 million cash, Jul. 24, 2018 ($543 million annuity) - California
  14. Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) - New Jersey
  15. Mega Millions: $281.9 million cash, Jan. 5, 2018 ($451 million annuity) - Florida
  16. Powerball: $279.1 million cash, Jun. 10, 2017 ($447.8 million annuity) - California
  17. Powerball: $273.9 million cash, Mar. 17, 2018 ($456.7 million annuity) - Pennsylvania
  18. Powerball: $263.5 million cash, Feb. 22, 2017 ($435.3 million annuity) - Indiana
  19. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  20. Powerball: $254.7 million cash, Nov. 26, 2016 ($420.9 million annuity) - Tennessee
  21. Mega Millions: $246.5 million cash, Aug. 11, 2017 ($393 million annuity) - Illinois
  22. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  23. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  24. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  25. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 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

Comments

JADELottery's avatarJADELottery

Almost playable.

Redd55

And if it rolls, it goes up to $868 Mil on Friday, tho I expect lotto fever will bump that amount up to $900+ mil or even reach a Billion. 

Todd's avatarTodd

Quote: Originally posted by Redd55 on Oct 16, 2018

And if it rolls, it goes up to $868 Mil on Friday, tho I expect lotto fever will bump that amount up to $900+ mil or even reach a Billion. 

Indeed! The article also gives you the next cash value if it rolls tonight.

Redd55

Quote: Originally posted by Todd on Oct 16, 2018

Indeed! The article also gives you the next cash value if it rolls tonight.

Oh, I love those cash values!  LOL

music*'s avatarmusic*

Take the Annuity and receive $6,324,763.00 after all taxes are paid by April 17, 2019. 

 I could survive on $6.3 million for the first year.

 The total amount after 30 years = $441,000,000.00  That is if taxes remain the same. 

 After I win tonight I will consult with professionals and get their opinions and sage advice.

 It is good seeing new records being made.

noise-gate

Quote: Originally posted by JADELottery on Oct 16, 2018

Almost playable.

Almost? Right, OK, whatever you say JL.

CDanaT's avatarCDanaT
music*'s avatarmusic*

noise-gate, Will you invite all of us here on LP to go with you and your lovely wife to Seychelles?

 Those pictures are so tempting. Don't get too sunburnt. Enjoy your vacation! 

MsBee18

Thanks for the update. I am on my way out to buy the winning ticketDance

 

This not really the biggest jackpot ever because the annuity jackpots are inflated by interest rates. I go by the present cash amount. $471 million cash, Mar. 30, 2012 ($656 million annuity) is still the highest. In other words "take home" is what matters. 

noise-gate

Quote: Originally posted by music* on Oct 16, 2018

noise-gate, Will you invite all of us here on LP to go with you and your lovely wife to Seychelles?

 Those pictures are so tempting. Don't get too sunburnt. Enjoy your vacation! 

Absolutely not music, that's like inviting friends out with you on your honeymoon.We all have to find our own thrill, the Seychelles is mine.l have visited several parts of Africa, namely Botswana, South Africa, Kenya, but just missed hopping a plane to the Seychelles, so it it a dream that's been unfulfilled..thus far.

paymentplan-man

Quote: Originally posted by music* on Oct 16, 2018

noise-gate, Will you invite all of us here on LP to go with you and your lovely wife to Seychelles?

 Those pictures are so tempting. Don't get too sunburnt. Enjoy your vacation! 

Not noise-gate but I'll see what I can do once I claim it. But in all seriousness even if one of us won and was able to do this think about how fun it would be trying to guess which one of us was the lucky SOB!!  Wink

paymentplan-man

Quote: Originally posted by noise-gate on Oct 16, 2018

Absolutely not music, that's like inviting friends out with you on your honeymoon.We all have to find our own thrill, the Seychelles is mine.l have visited several parts of Africa, namely Botswana, South Africa, Kenya, but just missed hopping a plane to the Seychelles, so it it a dream that's been unfulfilled..thus far.

MadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMadMad

KY Floyd's avatarKY Floyd

"Almost?"

It's a big jackpot, but it's still not a good bet for players. Depending on state taxes let's figure the after tax net is an even $240 million. At odds of 1 in 302 million it will cost players $604 million to collect it. That's an average return of just under 40 cents for every dollar you bet, making the risk to reward ratio a loser. And probability says that the states will collect another $180 million and pocket half without paying out the jackpot.

Of course the $2 cost of a ticket is a very low risk, so you can affords to lose.

hearsetrax's avatarhearsetrax

Quote: Originally posted by JADELottery on Oct 16, 2018

Almost playable.

good luck 2 those playing this evening Lep

noise-gate

Quote: Originally posted by paymentplan-man on Oct 16, 2018

Not noise-gate but I'll see what I can do once I claim it. But in all seriousness even if one of us won and was able to do this think about how fun it would be trying to guess which one of us was the lucky SOB!!  Wink

First off: l would tell no one. I would probably throw a subtle hint like " White Shores" if l won, and then l am gone for good. 

music*'s avatarmusic*

Quote: Originally posted by noise-gate on Oct 16, 2018

First off: l would tell no one. I would probably throw a subtle hint like " White Shores" if l won, and then l am gone for good. 

noise-gate, If you ask the Lottery Office nicely they may treat you like they did Marvin and Mae Acosta. They lived in Chino Hills, CA and won 1/3 share of the $1.5 billion jackpot. PB.

rcbbuckeye's avatarrcbbuckeye

Quote: Originally posted by CDanaT on Oct 16, 2018

I do enjoy and miss the Texas lottery.

https://www.txlottery.org/export/sites/lottery/Games/Mega_Millions/Estimated_Jackpot.html

How you liking the Dragon Lady?Green laugh

CDanaT's avatarCDanaT

Quote: Originally posted by rcbbuckeye on Oct 16, 2018

How you liking the Dragon Lady?Green laugh

Mad

Ole becky ain't my cup of tea. Almost prefer to have lunch with the Florida Hat Lady

music*'s avatarmusic*

Quote: Originally posted by rcbbuckeye on Oct 16, 2018

How you liking the Dragon Lady?Green laugh

Why are you so mean to the Tennessee Lottery CEO Rebecca Hargrove? Tennessee lottery has experienced some major jackpots. Like the Tennessee 20. Shocked

Cassie8620's avatarCassie8620

Quote: Originally posted by MsBee18 on Oct 16, 2018

Thanks for the update. I am on my way out to buy the winning ticketDance

 

This not really the biggest jackpot ever because the annuity jackpots are inflated by interest rates. I go by the present cash amount. $471 million cash, Mar. 30, 2012 ($656 million annuity) is still the highest. In other words "take home" is what matters. 

rofl lol that's real LOLfunny, yes go buy your "winning ticket!" Good luck to you, ,Ms. Bee."

I am not a supporter of these big games. dad say cassie they rigged or more would win each time real high over 50 to 100 million. i still will buy a "few or a couple or 1 tonight." Good luck all.

LottoLucy's avatarLottoLucy

I think it is ripe and I plan on plucking it off the lottery tree tonight!

 

One of the lottery jurisdictions I am playing in says they want

me to call and make an appointment before I come to cash the ticket in.  They must think I am stupid.  I will not be giving them a heads up so they can call the media to greet me! No No

 

Good luck everyone!

Kyle7824's avatarKyle7824

Hopefully I can be NC’s most eligible bachelor at about 11:20pmish :-)

dpoly1's avatardpoly1

This Little Old Curmudgeon might have more than one ticket

It's a secret

Let's go Mega Millions!

Dance

brees2012's avatarbrees2012

Question ..What is the procedure to receive the winning money ?

And how long does it take ?  Thanks !!! 

Kyle7824's avatarKyle7824

Quote: Originally posted by brees2012 on Oct 16, 2018

Question ..What is the procedure to receive the winning money ?

And how long does it take ?  Thanks !!! 

LLC>Sign>Enjoy...

dpoly1's avatardpoly1

Quote: Originally posted by hearsetrax on Oct 16, 2018

good luck 2 those playing this evening Lep

I Agree!

Awesome Retort!

brees2012's avatarbrees2012

Quote: Originally posted by music* on Oct 16, 2018

noise-gate, If you ask the Lottery Office nicely they may treat you like they did Marvin and Mae Acosta. They lived in Chino Hills, CA and won 1/3 share of the $1.5 billion jackpot. PB.

They were smart people , they had a Solid Plan !!!

They were the ONLY winners , who did the right thing. 

brees2012's avatarbrees2012

Quote: Originally posted by Kyle7824 on Oct 16, 2018

LLC>Sign>Enjoy...

Nothing wrong with an "LLC" .

brees2012's avatarbrees2012

I'm ready to win the Mega / Power ball Lottery !

paymentplan-man

Quote: Originally posted by LottoLucy on Oct 16, 2018

I think it is ripe and I plan on plucking it off the lottery tree tonight!

 

One of the lottery jurisdictions I am playing in says they want

me to call and make an appointment before I come to cash the ticket in.  They must think I am stupid.  I will not be giving them a heads up so they can call the media to greet me! No No

 

Good luck everyone!

Well here comes the unfortunate news: If you live in a state where the whole media press release is required then you have to make an appointment. In fact I would be willing to bet that in most states an appointment will be a requirement just like bring some form of identification is one as well.

noise-gate

Quote: Originally posted by KY Floyd on Oct 16, 2018

"Almost?"

It's a big jackpot, but it's still not a good bet for players. Depending on state taxes let's figure the after tax net is an even $240 million. At odds of 1 in 302 million it will cost players $604 million to collect it. That's an average return of just under 40 cents for every dollar you bet, making the risk to reward ratio a loser. And probability says that the states will collect another $180 million and pocket half without paying out the jackpot.

Of course the $2 cost of a ticket is a very low risk, so you can affords to lose.

  • Kinda reminded me of a conversation l overheard once. These folks were invited to a wedding, where free food & booze was available, however it did not take long before some complained of not having more than two drinks, and that the food was not tasty enough for their liking.
  • The ticket is Still only $2.00- last time l checked.
LottoLucy's avatarLottoLucy

Quote: Originally posted by brees2012 on Oct 16, 2018

Question ..What is the procedure to receive the winning money ?

And how long does it take ?  Thanks !!! 

It depends on which state you win in.  Generally it takes three weeks after you turn in the winning ticket (whether you do it as yourself or a legal entity) to receive your money.

The first stop for most people should be a competent attorney who handles estate planning and taxes.  They can explain your options and make sure you claim the jackpot in a way that makes sense for you.

noise-gate

Quote: Originally posted by LottoLucy on Oct 16, 2018

It depends on which state you win in.  Generally it takes three weeks after you turn in the winning ticket (whether you do it as yourself or a legal entity) to receive your money.

The first stop for most people should be a competent attorney who handles estate planning and taxes.  They can explain your options and make sure you claim the jackpot in a way that makes sense for you.

California lottery officials say " Be prepared to wait up to 8 weeks" to get your jackpot payout. l Never could understand why.

LottoLucy's avatarLottoLucy

Quote: Originally posted by paymentplan-man on Oct 16, 2018

Well here comes the unfortunate news: If you live in a state where the whole media press release is required then you have to make an appointment. In fact I would be willing to bet that in most states an appointment will be a requirement just like bring some form of identification is one as well.

There isn’t any requirement to participate in a press conference or have my picture taken.  I just can’t do a legal entity or claim anonymously with this particular set of tickets.  There is someone in town with the same name as me so I plan on creating some plausible deniability. Wink  Not having a photo or video of me around the lottery office is a good start.

JADELottery's avatarJADELottery

hmm, oh, that's good...

that's good indeed.

tonight is go or no go.

we'll be back.

LottoLucy's avatarLottoLucy

Quote: Originally posted by noise-gate on Oct 16, 2018

California lottery officials say " Be prepared to wait up to 8 weeks" to get your jackpot payout. l Never could understand why.

Yes, 8 weeks make no sense and was part of the reason I said it depends on the state.  What do they do with your money all that time?  Collect interest?

There are other places that also have longer or shorter times.  It used to be in some states they would give you the money they had the same or next day and then you would get a second payment from the proceeds from other participating states when they remitted it.  I haven’t seen that referenced in a long time, though.

paymentplan-man

Quote: Originally posted by Cassie8620 on Oct 16, 2018

rofl lol that's real LOLfunny, yes go buy your "winning ticket!" Good luck to you, ,Ms. Bee."

I am not a supporter of these big games. dad say cassie they rigged or more would win each time real high over 50 to 100 million. i still will buy a "few or a couple or 1 tonight." Good luck all.

Why do you think the lottery is rigged. I feel it comes down to probability. Each state has a bank with all the possible ticket combinations. Which means in Cali each ticket has a 1 in 302,000,000 chance at hitting the jackpot. Lets follow this link <snip>/mm03sales.htm to look at California sells. As you can see California had just over $18 million in sales (no mega plier offered in CA) which means that 9 million tickets were bought. Each ticket has a 1 in 300,000,000 chance at winning the jackpot or for easier to understand odds that's just a 3% chance in the state that "per sales had the best chance at winning". Besides New York, California had more than double the odds (by ticket sales) at having a jackpot winner and when looking at a state like West Virginia with just over 500k spent California was 36x more likely to have a winner. Like the person who said South Dakota was going to win. Your state sold $154,926 worth of MM tickets (w/o the mega plier) which means the odds are super super super low( CA sold more tickets than you 116 to 1). To me this is why the lottery isn't rigged it comes down to math. Bottom line is that California had a 3% chance as a whole to have a winner so its hard to even hope for multiple winners from states like South Dakota who spent $154,926. Im not bashing anyone states Im just trying to show the math and try to get people away from saying its rigged every time the jackpot gets big. They don't need to rig it the math makes it uber hard enough as it is. At the end of the day you can really only rely on randomness or people like me who pray. In fact I pray everyone here wins least the 3rd tier. I mean who wouldn't  want a cool 10k!!

This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

paymentplan-man

Quote: Originally posted by LottoLucy on Oct 16, 2018

Yes, 8 weeks make no sense and was part of the reason I said it depends on the state.  What do they do with your money all that time?  Collect interest?

There are other places that also have longer or shorter times.  It used to be in some states they would give you the money they had the same or next day and then you would get a second payment from the proceeds from other participating states when they remitted it.  I haven’t seen that referenced in a long time, though.

If you win and you know you're getting the money there's a 100% chance you could get a bridge loan at least for 100k just to I dont know rent a hotel room for a month or two while you bunker down. I highly doubt you're going to be calling the lottery headquarters demanding they hurry the heck up. Nope you'd still be in shock like the rest of us with a note taped to the ceiling saying "It was not a dream Lucy you freaking did it"

 To be honest I would be surprised if the lottery headquarters didnt give you a tiny check or a credit card with some crazy amount to hold you over. Also the reason it takes so long is simply because the funds have to be collected from all the states then taxed before you get them. It could take 8 weeks but it could also take 2. I would suspect that it comes down to how many people won and how big the jackpot is.

paymentplan-man

Quote: Originally posted by LottoLucy on Oct 16, 2018

There isn’t any requirement to participate in a press conference or have my picture taken.  I just can’t do a legal entity or claim anonymously with this particular set of tickets.  There is someone in town with the same name as me so I plan on creating some plausible deniability. Wink  Not having a photo or video of me around the lottery office is a good start.

OK heres another example. If you head over to Maryland's website and look at all the rules for claiming it will tell you

1.) what to bring

2.) where to go (depending on the amount won)

3.) Times to go

       If you continue reading it will tell you specifically that if you win over <insert amount> not only do you have to go to a special location (say the Baltimore headquarters) but you would also have to call in advance for an appointment. Now remind you Maryland is one of the 8 states where you can claim for total anonymity but you still have to make an appointment. Exactly why? Well I have no idea Im just prepared to follow them rules to get my money. Just move out of state like how the $1.5 billion winners did 29 months ago. They left and no one has heard even a whisper about them since.

cbr$'s avatarcbr$

When the jackpots are this high , I don't know about any one else. I prefer a            live drawing. I want see it. Good Luck everyone.

CDanaT's avatarCDanaT

Quote: Originally posted by paymentplan-man on Oct 16, 2018

OK heres another example. If you head over to Maryland's website and look at all the rules for claiming it will tell you

1.) what to bring

2.) where to go (depending on the amount won)

3.) Times to go

       If you continue reading it will tell you specifically that if you win over <insert amount> not only do you have to go to a special location (say the Baltimore headquarters) but you would also have to call in advance for an appointment. Now remind you Maryland is one of the 8 states where you can claim for total anonymity but you still have to make an appointment. Exactly why? Well I have no idea Im just prepared to follow them rules to get my money. Just move out of state like how the $1.5 billion winners did 29 months ago. They left and no one has heard even a whisper about them since.

Pmt.... Those 3 instructions sound like that personal exam we get when we hit 50+  Eek

paymentplan-man

Quote: Originally posted by CDanaT on Oct 16, 2018

Pmt.... Those 3 instructions sound like that personal exam we get when we hit 50+  Eek

What age is the get off my lawn age.?

paymentplan-man

Quote: Originally posted by cbr$ on Oct 16, 2018

When the jackpots are this high , I don't know about any one else. I prefer a            live drawing. I want see it. Good Luck everyone.

I thought they were always live. I usually log onto Valottery.com and watch it in the little window. OK that's a lie......when the jackpots get this big I refuse to log on and look at it until the next day after I've taken a shower and relaxed. I live in a apartment but I legit want to yell Hallelujah when I win so doing it at 9am sounds more reasonable than 11:05 pm!!

Horsegeek40

I would honestly love to see someone from a small community win it. There are a heap of folks who live in counties with high unemployment. This could help so many folks.

paymentplan-man

Quote: Originally posted by Horsegeek40 on Oct 16, 2018

I would honestly love to see someone from a small community win it. There are a heap of folks who live in counties with high unemployment. This could help so many folks.

Come on Bethesda, MD Blue Angel

tnlottodreamer's avatartnlottodreamer

If I win the whole amount. I will give Todd/Lottery Post 1 MILLION Dollars. And yes I would do a LP interview.

ieatdirt

Dang that's disappointing, I was hoping it would hit $750m by tonight.

 

"I got a family to feed!"

 

Latrell Sprewell

paymentplan-man

Quote: Originally posted by ieatdirt on Oct 16, 2018

Dang that's disappointing, I was hoping it would hit $750m by tonight.

 

"I got a family to feed!"

 

Latrell Sprewell

 Roman noodles cost 25 c. You could buy 2,688,000,000 bags and eat Roman noodles for the rest of your life. If you ate 15 bags per day, that's good eating for 487,306 years my friend or 4,973 people you could feed for 1oo years.  Lucky you!!

Artist77's avatarArtist77

Quote: Originally posted by paymentplan-man on Oct 16, 2018

 Roman noodles cost 25 c. You could buy 2,688,000,000 bags and eat Roman noodles for the rest of your life. If you ate 15 bags per day, that's good eating for 487,306 years my friend or 4,973 people you could feed for 1oo years.  Lucky you!!

You would be dead in a week from all the salt from all those flavor packages. Lol

Artist77's avatarArtist77

I am going out on a limb and predicting an Arizona winner.

Bleudog101

Repeat the bet on-line; it said $30.  I'm like OK...then I looked at the transaction...it's for tonight and Friday.  So much for paying attention to detail.   Maybe she'll be paying me attention, Ms. Megamillions!

Tucker Black's avatarTucker Black

Quote: Originally posted by JADELottery on Oct 16, 2018

Almost playable.

You have a looser definition of "almost" than I do.

This game is not almost playable, and never will be, due to its structure. It's a tremendous amount of money but has a tremendously low chance of winning. By the time the jackpot gets big enough to be playable (the real jackpot, which is a 43% haircut off the fake jackpot), so many people will buy tickets that you will probably have to split it, making it ... once again, a bad bet.

Sure, a ticket is only $2. But how many people buy just one ticket? One ticket is all you need. More than one and you are wasting your money.

I would rather give $2 to a homeless person than give the state $2.

paymentplan-man

Quote: Originally posted by Artist77 on Oct 16, 2018

I am going out on a limb and predicting an Arizona winner.

Hmm head over to Lotto reports web page.

Then click mega millions in the middle

The click the link under comprehensive draw details which is says <click here then scroll down to MM>

Then in the blue Mega millions box click the ticket sales by draw <top > part

Then without scrolling down there's a link at the bottom that says <Mega Million - Draw sales by state - click here> 

It shows that for the last draw AZ sold $2.1Million in in total sales or out of the total 302 million combinations they sold a bit over 1 million tickets which is state wide a .3% chance of winning. Not as good as California's 3% chance but much better than the Virgin Islands. Plus its been a wow since Arizona won. 

I find that non of the states I say will win ever do so I think the winner(s) will come from PA, FL, NY, OH, CA, GA, MA, MI, SC, NC, NJ, IL, IN, and TX

paymentplan-man

Quote: Originally posted by Tucker Black on Oct 16, 2018

You have a looser definition of "almost" than I do.

This game is not almost playable, and never will be, due to its structure. It's a tremendous amount of money but has a tremendously low chance of winning. By the time the jackpot gets big enough to be playable (the real jackpot, which is a 43% haircut off the fake jackpot), so many people will buy tickets that you will probably have to split it, making it ... once again, a bad bet.

Sure, a ticket is only $2. But how many people buy just one ticket? One ticket is all you need. More than one and you are wasting your money.

I would rather give $2 to a homeless person than give the state $2.

 You are 100% correct but at the same time if you just buy one ticket your chance goes from zero % to not zero %. I just want a chance

paymentplan-man

Quote: Originally posted by Artist77 on Oct 16, 2018

You would be dead in a week from all the salt from all those flavor packages. Lol

You'll take these Roman noodles and like it MR.Jester

Bleudog101

One of the three major newscasts showed the jackpot of $677 million.

Does anyone care enough to fact check them prior to airing the jackpots (or anything else)?

So gullible me going to various lottery sites to see if they were correct.  Not now anyway.

Artist77's avatarArtist77

Quote: Originally posted by paymentplan-man on Oct 16, 2018

Hmm head over to Lotto reports web page.

Then click mega millions in the middle

The click the link under comprehensive draw details which is says <click here then scroll down to MM>

Then in the blue Mega millions box click the ticket sales by draw <top > part

Then without scrolling down there's a link at the bottom that says <Mega Million - Draw sales by state - click here> 

It shows that for the last draw AZ sold $2.1Million in in total sales or out of the total 302 million combinations they sold a bit over 1 million tickets which is state wide a .3% chance of winning. Not as good as California's 3% chance but much better than the Virgin Islands. Plus its been a wow since Arizona won. 

I find that non of the states I say will win ever do so I think the winner(s) will come from PA, FL, NY, OH, CA, GA, MA, MI, SC, NC, NJ, IL, IN, and TX

You picked over 10 states.  Try one. Lol.

BuyLow's avatarBuyLow

Quote: Originally posted by Bleudog101 on Oct 16, 2018

One of the three major newscasts showed the jackpot of $677 million.

Does anyone care enough to fact check them prior to airing the jackpots (or anything else)?

So gullible me going to various lottery sites to see if they were correct.  Not now anyway.

Seriously, when I hear the MSM talk about jackpots once they get this high, there are so many mis-statements about much of it.  Totally cringe worthy.  Like the morons buying their first ticket holding up the line. “Uh I only want 1 ticket why is it $2, what’s a mega pliers” Jester

Original Bey's avatarOriginal Bey

Quote: Originally posted by LottoLucy on Oct 16, 2018

Yes, 8 weeks make no sense and was part of the reason I said it depends on the state.  What do they do with your money all that time?  Collect interest?

There are other places that also have longer or shorter times.  It used to be in some states they would give you the money they had the same or next day and then you would get a second payment from the proceeds from other participating states when they remitted it.  I haven’t seen that referenced in a long time, though.

TN gives you a few million to scrape by until the proceeds come in from other participating states.

CDanaT's avatarCDanaT

Quote: Originally posted by Artist77 on Oct 16, 2018

I am going out on a limb and predicting an Arizona winner.

Your geographical location is a smidge too far west... I am thinking round 36.19937 N,  -86.519 E  give or take a few 10th's    Sad Wavey

Artist77's avatarArtist77

Quote: Originally posted by CDanaT on Oct 16, 2018

Your geographical location is a smidge too far west... I am thinking round 36.19937 N,  -86.519 E  give or take a few 10th's    Sad Wavey

Lol...well DC is way overdue but if I am right about AZ, you must address me as Princessa artist of LP. Lol lol

CDanaT's avatarCDanaT

Quote: Originally posted by Artist77 on Oct 16, 2018

Lol...well DC is way overdue but if I am right about AZ, you must address me as Princessa artist of LP. Lol lol

Thud

wander73's avatarwander73

I would be happy with just 5 numbers.  If 5 numbers are hit,, that's a million.  Then it's what 1/3 of taxes.  Play in if you build in interests.   If I were to be a winner of this lottery I would do a major e-commerce business and get more people on my website by Beta testing it and getting it out everywhere

LottoLucy's avatarLottoLucy

Quote: Originally posted by Artist77 on Oct 16, 2018

Lol...well DC is way overdue but if I am right about AZ, you must address me as Princessa artist of LP. Lol lol

ShockedLOL, you just outed yourself.  We will know it is you when the winner comes forward wearing a tiara and opera gloves. 

Has DC ever had a mega millions jackpot winner?  The last Powerball winner I remember was way back in 2009 although I may have missed one.

Artist77's avatarArtist77

Quote: Originally posted by LottoLucy on Oct 16, 2018

ShockedLOL, you just outed yourself.  We will know it is you when the winner comes forward wearing a tiara and opera gloves. 

Has DC ever had a mega millions jackpot winner?  The last Powerball winner I remember was way back in 2009 although I may have missed one.

Lol lol. That winner in 2009 was the last one. What is interesting , is that the winner claimed via a trust but there is a reference in the article to a reporter showing up at the home of the winner, possibly.  But there was no followup. So was the winner tracked down due to the name of the trust...Rockson something as I recall. And/or, does the DC lottery also release a name in the case of a trust, like J. Smith? Their rules are vague and open to interpretation.

LottoLucy's avatarLottoLucy

Quote: Originally posted by paymentplan-man on Oct 16, 2018

If you win and you know you're getting the money there's a 100% chance you could get a bridge loan at least for 100k just to I dont know rent a hotel room for a month or two while you bunker down. I highly doubt you're going to be calling the lottery headquarters demanding they hurry the heck up. Nope you'd still be in shock like the rest of us with a note taped to the ceiling saying "It was not a dream Lucy you freaking did it"

 To be honest I would be surprised if the lottery headquarters didnt give you a tiny check or a credit card with some crazy amount to hold you over. Also the reason it takes so long is simply because the funds have to be collected from all the states then taxed before you get them. It could take 8 weeks but it could also take 2. I would suspect that it comes down to how many people won and how big the jackpot is.

If you read through stuff that both the Mega Millions and Power Ball lotteries have published you will find that they both state that the money takes less than three weeks to be collected from all the party lotteries.  If the state of Maryland can get you your check in 15 business days there is no reason the Cali lottery should take 8 weeks.

The only reasonable explanation I have heard for a longer delay is from the PA lottery.  They don’t do checks after a certain date in December for tax reasons.

LottoLucy's avatarLottoLucy

Quote: Originally posted by Artist77 on Oct 16, 2018

Lol lol. That winner in 2009 was the last one. What is interesting , is that the winner claimed via a trust but there is a reference in the article to a reporter showing up at the home of the winner, possibly.  But there was no followup. So was the winner tracked down due to the name of the trust...Rockson something as I recall. And/or, does the DC lottery also release a name in the case of a trust, like J. Smith? Their rules are vague and open to interpretation.

I remember this case very well because at the time Maryland didn’t sell Powerball tickets so I would go over to Union Station or Friendship Heights to buy tickets and everyone where I bought tickets was so excited someone won.  If I remember correctly the DC lottery said they didn’t know the name of the winner and ended up only releasing the name and picture of the lawyer who represented the LLC.  But the man’s family couldn’t keep their mouth’s shut and it was kind of an open secret in Southeast that the man had won and reporters found him that way.  He had something like 10 kids and 40 grandkids and I’m sure many more long lost relatives afterward. Wink

 

I also rememeber that the DC council went bananas someone collected like that and were threatening to tighten up the rules/law but then got sidetracked and never did anything.

paymentplan-man

Quote: Originally posted by LottoLucy on Oct 16, 2018

If you read through stuff that both the Mega Millions and Power Ball lotteries have published you will find that they both state that the money takes less than three weeks to be collected from all the party lotteries.  If the state of Maryland can get you your check in 15 business days there is no reason the Cali lottery should take 8 weeks.

The only reasonable explanation I have heard for a longer delay is from the PA lottery.  They don’t do checks after a certain date in December for tax reasons.

"Read through stuff"

 What stuff are we talking about.This is the first thing I found on Google using a search of "how long does it take states to collect jackpot money"

Why the Wait?

There are the simple logistics of collecting the ticket sales cash from those participating stores nationwide. This can take as many as two weeks.

Not all computer systems are created equal. In fact, there isn’t one centralized computer system that controls each of the state’s lotteries. The computer systems that regulate and make the sales vary from state to state.

Different Key Strokes

States choose from different platforms and service providers. So when it comes time to collect the jackpot, especially in instances of national lotteries, it can take a little extra time to get it from one state to another.

Additionally, each state lottery is its own entity. This means that different states are not all on one system. It is helpful for tracking and paying smaller winners but when it comes time to cash out larger, multi-state jackpots it can create a little bit of a delay.

The state lottery will also validate the winner and then perform a background check to determine whether the winner currently owes the state any money (like unpaid property taxes, water bills, speeding tickets, back taxes, etc.). If the winner owes any money, the winnings will be put toward that before the winner receives his/her check.

Plus you have to remember that some states will sell $25,000,000 in tickets sales while some will sell $750,000. We dont know how these state systems work so why not just be patient i mean you already won.

paymentplan-man

Quote: Originally posted by LottoLucy on Oct 16, 2018

I remember this case very well because at the time Maryland didn’t sell Powerball tickets so I would go over to Union Station or Friendship Heights to buy tickets and everyone where I bought tickets was so excited someone won.  If I remember correctly the DC lottery said they didn’t know the name of the winner and ended up only releasing the name and picture of the lawyer who represented the LLC.  But the man’s family couldn’t keep their mouth’s shut and it was kind of an open secret in Southeast that the man had won and reporters found him that way.  He had something like 10 kids and 40 grandkids and I’m sure many more long lost relatives afterward. Wink

 

I also rememeber that the DC council went bananas someone collected like that and were threatening to tighten up the rules/law but then got sidetracked and never did anything.

Wow thats some crap family right there. I mean I wouldn't care tbh since I plan to move to a condo anyways. If reporters want to wait outside for me to come out amongst a crowd of 100 or so residents so be it.

Horsegeek40

Do you believe that the pot will be bumped up just before the drawing? Good luck to everyone tonight!!

Raven62's avatarRaven62

Quote: Originally posted by Tucker Black on Oct 16, 2018

You have a looser definition of "almost" than I do.

This game is not almost playable, and never will be, due to its structure. It's a tremendous amount of money but has a tremendously low chance of winning. By the time the jackpot gets big enough to be playable (the real jackpot, which is a 43% haircut off the fake jackpot), so many people will buy tickets that you will probably have to split it, making it ... once again, a bad bet.

Sure, a ticket is only $2. But how many people buy just one ticket? One ticket is all you need. More than one and you are wasting your money.

I would rather give $2 to a homeless person than give the state $2.

Oh, It's Playable alright: Its just not Easy to Win!

LottoLucy's avatarLottoLucy

Quote: Originally posted by paymentplan-man on Oct 16, 2018

"Read through stuff"

 What stuff are we talking about.This is the first thing I found on Google using a search of "how long does it take states to collect jackpot money"

Why the Wait?

There are the simple logistics of collecting the ticket sales cash from those participating stores nationwide. This can take as many as two weeks.

Not all computer systems are created equal. In fact, there isn’t one centralized computer system that controls each of the state’s lotteries. The computer systems that regulate and make the sales vary from state to state.

Different Key Strokes

States choose from different platforms and service providers. So when it comes time to collect the jackpot, especially in instances of national lotteries, it can take a little extra time to get it from one state to another.

Additionally, each state lottery is its own entity. This means that different states are not all on one system. It is helpful for tracking and paying smaller winners but when it comes time to cash out larger, multi-state jackpots it can create a little bit of a delay.

The state lottery will also validate the winner and then perform a background check to determine whether the winner currently owes the state any money (like unpaid property taxes, water bills, speeding tickets, back taxes, etc.). If the winner owes any money, the winnings will be put toward that before the winner receives his/her check.

Plus you have to remember that some states will sell $25,000,000 in tickets sales while some will sell $750,000. We dont know how these state systems work so why not just be patient i mean you already won.

Yes, read through stuff.  Like the published rules of the MUSL:

 

PB RULE 19—FUNDS TRANSFER.
Funds shall be collected from each Party Lottery and Licensee Lottery weekly by wire transfer, electronic funds transfer, or other means acceptable to the Product Group. The amount to be transferred shall be calculated in accordance with game rules. The Product Group shall determine collection days. Amended December 8-9, 2009.
Comment. At its meeting on January 11, 2010, the Group determined that funds shall be collected weekly from Parties Lotteries on the Monday, or the first banking day, which is 12 days from the applicable Wednesday drawing or nine days from the applicable Saturday drawing. By agreement with the Mega Millions Lotteries, MUSL will transfer the funds to the Mega Millions Clearinghouse (Virginia Lottery) within 15 calendar days from the date of the winning draw at a Mega Millions Lottery. The Mega Millions Clearinghouse shall collect the funds from the Mega Millions Lotteries and shall transfer their jackpot prize share to MUSL within 15 calendar days of a winning draw at a MUSL Lottery. If funds are needed to pay a prize when due MUSL may borrow the funds from other accounts, after notice to the Group Officers, the Finance & Audit Committee, and the Executive Committee. The borrowed funds shall be immediately replenished upon collection of prize funds from the Party Lotteries.

LottoLucy's avatarLottoLucy

Quote: Originally posted by Horsegeek40 on Oct 16, 2018

Do you believe that the pot will be bumped up just before the drawing? Good luck to everyone tonight!!

I don’t know that there will be any public announcement if that is what you mean.  I do think they might find a few loose millions to give it a tiny bump for the final tally. 

Good Luck! Dance

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