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$970 MILLION: Mega Millions ticket-buying frenzy forces new jackpot estimate

Oct 18, 2018, 12:40 pm

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Mega MillionsMega Millions: $970 MILLION: Mega Millions ticket-buying frenzy forces new jackpot estimateRating:

Closing in on $1 Billion

By Todd Northrop

Across the United States, lottery tickets are being sold at a frantic pace that the state lotteries are struggling to keep up with.

Most of those sales are for the multi-state Mega Millions lottery game, which features a jackpot reaching into stratospheric heights only seen once before in world history — and a lump-sum cash value worth more than a half-billion dollars.

Just a day after the jackpot was raised to $900 million, the state lotteries have once again raised the official Mega Millions jackpot estimate for the Fri., Oct. 19, drawing to $970 million, with a lump-sum cash payout of $548.6 million.

And it may not stop there.

Players should watch for further jackpot increases before the Friday drawing. Long lines of ticket buyers across the nation are generating lottery ticket sales at unprecedented levels. Players are strongly urged to avoid waiting until the last minute to buy their their tickets.

The Friday Mega Millions winning numbers will be published at USA Mega (www.usamega.com) live as they are drawn. Lottery Post will also publish the winning numbers live — go to your state lottery results page for the drawing results.

The drawing happens Friday night at 11:00 pm Eastern Time (8:00 pm Pacific Time).

Players looking for the nearest official lottery retailer — or maybe just a different store without such a long line — are urged to use the free Lottery Places app available for iOS, Android, and Windows. The app can find lottery stores in every Mega Millions state and can search across state lines — something even official state lotteries can't do.

Michigan lottery players can bypass the store completely and buy their Mega Millions lottery tickets online.  Players outside the USA can try their luck with a reputable butler service.

Friday's jackpot started at $40 million on July 27, and is the result of 24 drawings with no jackpot winner.

When nobody won the jackpot on Tuesday night, the initial estimate for Friday's drawing was established at $868 million, the game's all-time high. Less than 12 hours later, that estimate was raised to $900 million. And now, less than 24 hours after the last increase, the state lotteries have again raised the official estimate, this time to $970 million.

And it's still possible the official estimate will be increased again before the drawing Friday night.

Mega Millions jackpots start at $40 million and roll until the jackpot is won. Players win the jackpot by matching five numbers from a field of 70 numbers and one Mega Millions number from a field of 25 numbers. Drawings are conducted each Tuesday and Friday at 11:00 pm Eastern Time (8:00 Pacific Time).

Combined with Saturday night's $430 million Powerball jackpot, players have $1.4 billion in lottery jackpots to play for this week.

All information about game rules, past drawings, statistics, news, and more can be found at USA Mega (www.usamega.com).  The USA Mega Web site provides lottery players in-depth information about the United States' two biggest multi-state lottery games, Mega Millions and Powerball.

Mega Millions is currently offered for sale in 44 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time. Tickets cost $2 each.

Top 25 United States lottery jackpots of all time

Friday's Mega Millions jackpot currently stands as the 2nd-largest lottery jackpot in world history.  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: $970 million, Oct. 19, 2018 - Preliminary estimate, not won yet
  3. Powerball: $758.7 million, Aug. 23, 2017 - Massachusetts
  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: $430 million, Oct. 20, 2018 - Preliminary estimate, not won yet
  20. Powerball: $429.6 million, May 7, 2016 - New Jersey
  21. Powerball: $425.3 million, Feb. 19, 2014 - California
  22. Powerball: $420.9 million, Nov. 26, 2016 - Tennessee
  23. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  24. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  25. Mega Millions: $393 million, Aug. 11, 2017 - Illinois

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 2nd-largest cash value in world history.

  1. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  2. Mega Millions: $548.6 million cash, Oct. 19, 2018 ($970 million annuity) - Preliminary estimate, not won yet
  3. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
  4. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  5. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  6. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  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. Powerball: $248 million cash, Oct. 20, 2018 ($430 million annuity) - Preliminary estimate, not won yet
  22. Mega Millions: $246.5 million cash, Aug. 11, 2017 ($393 million annuity) - Illinois
  23. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  24. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  25. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland

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

  • Powerball: 14
  • Mega Millions: 11

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109 comments. Last comment 2 years ago by Stack47.
Page 1 of 8
BuyLow's avatar - fd725949c52faf3bef0a9e377747408d -iphone-wallpaper-palm-trees.jpg
Florida
United States
Member #61433
May 22, 2008
1211 Posts
Offline

WOOT, come on 1 Billion Dollars!!!

    LottoLucy's avatar - hereslucy header.jpg

    United States
    Member #131590
    August 14, 2012
    317 Posts
    Offline

    WOOT, come on 1 Billion Dollars!!!

    PartyI feel ya!  I don’t know why that $30 million makes so much difference but it does!

    Lotto Lucy

      CDanaT's avatar - Nolz june15.jpg
      Central TN
      United States
      Member #121189
      January 4, 2012
      4746 Posts
      Offline

      wow, Jackpot up again...AGAIN ???...Now I have to redo my  list Thud

      Integrity: There is just no substitute.

        Avatar
        Chasing $ Millions.
        White Shores- California
        United States
        Member #136473
        December 12, 2012
        6312 Posts
        Offline

        l can think, of a lot of Good l could do with that money. Even a two or three way split would be just fine with me.Approve

         * Voice of Reason *   

         

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

          BuyLow's avatar - fd725949c52faf3bef0a9e377747408d -iphone-wallpaper-palm-trees.jpg
          Florida
          United States
          Member #61433
          May 22, 2008
          1211 Posts
          Offline

          wow, Jackpot up again...AGAIN ???...Now I have to redo my  list Thud

          Put it in a spreadsheet and then you only have to update the cash value after taxes. Thumbs Up

            Avatar

            United States
            Member #180549
            March 12, 2017
            190 Posts
            Offline

            I predict it will be $4.6 billion by drawing time .

              CDanaT's avatar - Nolz june15.jpg
              Central TN
              United States
              Member #121189
              January 4, 2012
              4746 Posts
              Offline

              Put it in a spreadsheet and then you only have to update the cash value after taxes. Thumbs Up

              Sorry about that BL, I should have been a bit more specific... New goodies to be purchased

              Integrity: There is just no substitute.

                music*'s avatar - DiscoBallGlowing
                USN United States Navy
                Fresno, California
                United States
                Member #157851
                August 2, 2014
                3959 Posts
                Offline

                Sorry about that BL, I should have been a bit more specific... New goodies to be purchased

                "new goodies to be purchased"  Do not count your chickens until they are hatched. 

                Lottery Dreaming is encouraged here. Go for the gusto!

                 "We are all in this together!" 

                  KY Floyd's avatar - lysol avatar.jpg
                  NY
                  United States
                  Member #23834
                  October 16, 2005
                  4262 Posts
                  Offline

                  I predict it will be $4.6 billion by drawing time .

                  I predict that you will offer another ridiculous opinion by drawing time.

                    Avatar
                    New Member
                    Paramus, NJ
                    United States
                    Member #171556
                    January 9, 2016
                    20 Posts
                    Offline

                    Here we go cool billion!

                    Good luck to everyone!!!

                    It will be interesting to see if one person win it all and I would love to be that one!. I already bought two lines but I might as well spurge a little, when I stop by gas station and buy one each of MM, PB and NJ Pick 6. 

                    Three JP to dream about that can change our lives forever!

                      BuyLow's avatar - fd725949c52faf3bef0a9e377747408d -iphone-wallpaper-palm-trees.jpg
                      Florida
                      United States
                      Member #61433
                      May 22, 2008
                      1211 Posts
                      Offline

                      Sorry about that BL, I should have been a bit more specific... New goodies to be purchased

                      Hahaha, gotcha....on my list I upped my splurge/home/cars/boat amount from 11 to 15 million on this last bump to $970,000,000.00.  Party

                        wander73's avatar - Lottery-008.jpg

                        United States
                        Member #153769
                        March 24, 2014
                        4721 Posts
                        Offline

                        I just time to go in my topic area and do another one for tomorrow

                        I love pecans and making sales with commissions.   

                        My amazon store is just like the lottery.

                          Avatar
                          Simpsonville
                          United States
                          Member #163184
                          January 22, 2015
                          2257 Posts
                          Offline

                          Here we go cool billion!

                          Good luck to everyone!!!

                          It will be interesting to see if one person win it all and I would love to be that one!. I already bought two lines but I might as well spurge a little, when I stop by gas station and buy one each of MM, PB and NJ Pick 6. 

                          Three JP to dream about that can change our lives forever!

                          Hey vbrich, NJ Pick 6 nothing to sneeze at with enough to take care of your needs!

                            Avatar
                            Simpsonville
                            United States
                            Member #163184
                            January 22, 2015
                            2257 Posts
                            Offline

                            Yeah, maybe 3-6 months it would get that high...