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Mega Millions sets world record with $1.6 billion lottery jackpot for Tuesday drawing

Oct 20, 2018, 6:57 am

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Mega MillionsMega Millions: Mega Millions sets world record with $1.6 billion lottery jackpot for Tuesday drawingRating:

Jackpot surpasses previous mark held by January 2016 Powerball drawing

It's anybody's guess how high it will get

By Todd Northrop

A Mega Millions jackpot roll that had already made history has now reached a new world record for the biggest lottery jackpot ever.

After lottery officials worked into the early hours of the morning processing the hundreds of millions of lottery tickets sold for the Friday drawing, it was determined that there was no jackpot winner, propelling the new Mega Millions jackpot to a record $1.6 billion.

The big drawing will be held on Tuesday, Oct. 23, with an estimated cash option worth $904.9 million.

At $1.6 billion, Tuesday's Mega Millions drawing slipped past the $1.586 billion Powerball drawing on January 13, 2016, to become the largest lottery jackpot in history. Winners in California, Florida, and Tennessee shared the record Powerball prize.

"Mega Millions has already entered historic territory, but it's truly astounding to think that now the jackpot has reached an all-time world record," said Gordon Medenica, Lead Director of the Mega Millions Group and Director of Maryland Lottery and Gaming. "It's hard to overstate how exciting this is — but now it's really getting fun."

Lottery players wondering what all the cash will look like in their bank account after the initial federal and state tax withholdings can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega's Jackpot Analysis page.

The previous record Mega Millions jackpot was $656 million, which was shared by winners in Kansas, Illinois, and Maryland in the drawing on March 30, 2012.

The last Mega Millions jackpot hit was in the drawing held July 24, 2018, when a group of 11 co-workers in California shared a $543 million prize. There have been 25 drawings without a jackpot winner since then, but there have been more than 34.4 million winning tickets sold across the game's nine prize levels.

The winning numbers for the October 19 drawing were: 15, 23, 53, 65, and 70, with Mega Ball number 7. The Megaplier was 2.

The rush of ticket sales over the next few days likely will propel the jackpot to an even higher amount before the drawing takes place Friday. Lottery Post and USA Mega will update the jackpot tallies displayed if such an increase occurs.

The quickest way to find the winning numbers after the drawing Friday will be by visiting USA Mega (www.usamega.com) at 11:00 pm Eastern Time (8:00 pm Pacific), when the winning numbers will be published live as they are drawn.

Reports of long lines and near pandemonium at lottery retailers were rampant leading up to the Friday drawing.  To help avoid that problem for the Tuesday drawing, lottery players are urged to download the free Lottery Places app (for iPhone, Android, and Windows).  Lottery Places is the only app available that can locate lottery retailers in every state and jurisdiction throughout the United States, and can even locate retailers across state lines.

Michigan lottery players can bypass the store completely and buy their Mega Millions lottery tickets online.  Players outside the USA can use a reputable butler service, which provides scanned copies of the purchased lottery tickets securely held on behalf of the customer.

Whatever you do, don't wait.  Lottery officials stress the importance of not waiting until the last minute to buy lottery tickets for this historic jackpot.

In the Friday Mega Millions drawing, although there was no jackpot winner, 15 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 1 from Florida, 2 from Illinois, 1 from Missouri, 1 from New Hampshire, 1 from New Jersey, 4 from New York, 2 from Texas, and 2 from Virginia.

The California second-prize winner will be awarded a whopping $3,404,526 instead of the fixed $1 million prize awarded in the other states, due to the state's pari-mutuel prize payouts. By law, California awards all lottery prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold within California and the number of tickets that won at each prize level in the state. This drawing the pari-mutuel prize calculation meant a much larger prize than normal, as one winner took the entire second-prize pool.

Only one of the second-prize tickets sold in Texas was purchased with the Megaplier option for an extra $1 per play, doubling the prize to $2 million since the Megaplier was 2.  The Megaplier option is not available in California, because the fixed nature of the prize increase offered with the Megaplier is not compatible with California's pari-mutuel payouts.

Also, a total of 289 tickets matched four of the first five numbers plus the Mega Ball to win a $10,000 prize. Of those tickets, 35 were purchased with the Megaplier option, increasing the prize to $20,000, and 44 were sold in California, where the prize awarded this drawing is $10,719.

Following the Friday drawing, the Mega Millions annuity jackpot estimate was raised $600 million from its previous amount of $1 billion. The cash value was raised by $339.3 million from its previous amount of $565.6 million.

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.

The Mega Millions winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

Top 25 United States lottery jackpots of all time

Tuesday's Mega Millions jackpot currently stands as the largest lottery jackpot in world history.  Undoubtedly record numbers of lottery tickets will be sold this weekend, possibly sending the jackpot even higher by draw time.

  1. Mega Millions: $1.6 billion, Oct. 23, 2018 - Preliminary estimate, not won yet
  2. Powerball: $1.5864 billion, Jan. 13, 2016 - California, Florida, Tennessee
  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: $470 million, Oct. 20, 2018 - Preliminary estimate, not won yet
  15. Powerball: $456.7 million, Mar. 17, 2018 - Pennsylvania
  16. Mega Millions: $451 million, Jan. 5, 2018 - Florida
  17. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  18. Powerball: $447.8 million, Jun. 10, 2017 - California
  19. Powerball: $435.3 million, Feb. 22, 2017 - Indiana
  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: $904.9 million cash, Oct. 23, 2018 ($1.6 billion 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: $268.6 million cash, Oct. 20, 2018 ($430 million annuity) - Preliminary estimate, not won yet
  19. Powerball: $263.5 million cash, Feb. 22, 2017 ($435.3 million annuity) - Indiana
  20. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  21. Powerball: $254.7 million cash, Nov. 26, 2016 ($420.9 million annuity) - Tennessee
  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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503 comments. Last comment 4 years ago by Coin Toss.
Page 1 of 34
Avatar
New Member
North Fork
United States
Member #192933
October 17, 2018
14 Posts
Offline

What??? 

$1.60
BILLION
Cash Option: $904 million
Now it's on!!!
That's almost a $billion take home. 
Powerball will soar too!
    Avatar
    md
    United States
    Member #14047
    April 20, 2005
    616 Posts
    Offline

    I remember, being a member here at LP since 2005, when it was a big deal when Jackpots crossed the $300 million threshold, and the dream of watching the Jackpots ever reaching $400 million was looked at as dreaming over the top. Just the thought that we are on the brink of a Jackpot potentially reaching $2 BILLION now, is mind blowing. Simply mind blowing.  I'm ALL IN. Let's do this!

      Grovel's avatar - f800e6a39fbfea795d1dcbb09f2244
      Little Rock, AR
      United States
      Member #68363
      December 19, 2008
      254 Posts
      Offline

      I wonder how much it is going to roll just today.

        CDanaT's avatar - Nolz june15.jpg
        Central TN
        United States
        Member #121187
        January 4, 2012
        6081 Posts
        Offline

        $904.9 MILLION  CASH ................(minus applicable 37% fed taxes,of course)...................

                          $570,087,000.     Take home

         

                                     Thud

        Integrity: There is no substitute.

        "If some among you fear taking a stand because you are afraid of reprisals . . . recognize that you are just feeding the crocodile hoping he'll eat you last."

          Avatar
          Austin
          United States
          Member #191202
          July 21, 2018
          102 Posts
          Offline

          I believe PB if not won tonight, will shoot up to at least $600mil.

            Avatar
            New Member
            North Fork
            United States
            Member #192933
            October 17, 2018
            14 Posts
            Offline

            People will probably be begging, borrowing, and stealing to get their hands on this.

            I wonder how the economy will hold up since the holiday season is just around the corner.

              maximumfun's avatar - Lottery-030.jpg

              United States
              Member #124610
              March 16, 2012
              3713 Posts
              Offline

              $904.9 MILLION  CASH ................(minus applicable 37% fed taxes,of course)...................

                                $570,087,000.     Take home

               

                                           Thud

              I Agree!  That definitely isn't chump change!

                CDanaT's avatar - Nolz june15.jpg
                Central TN
                United States
                Member #121187
                January 4, 2012
                6081 Posts
                Offline

                Just think:   1 person/904 Million.....That's almost in the DNA test results range of certain elected officials         astronomical

                Integrity: There is no substitute.

                "If some among you fear taking a stand because you are afraid of reprisals . . . recognize that you are just feeding the crocodile hoping he'll eat you last."

                  Artist77's avatar - batman14

                  United States
                  Member #121739
                  January 16, 2012
                  7894 Posts
                  Offline

                  Just think:   1 person/904 Million.....That's almost in the DNA test results range of certain elected officials         astronomical

                  Lol. Lol And if you noted, the average American has better "odds" than that number!

                  His time is up.

                   

                  Foul

                  Job killing

                  Barbarians

                    Avatar

                    United States
                    Member #171234
                    January 4, 2016
                    94 Posts
                    Offline

                    I believe PB if not won tonight, will shoot up to at least $600mil.

                    If it rolls PB will be $620M/$354.3M tomorrow morning.

                      Avatar

                      United States
                      Member #171234
                      January 4, 2016
                      94 Posts
                      Offline

                       I was just looking at the jackpot list and realized if PB rolls tonight we could have 2 top five jackpots of all time being drawn next week!

                        music*'s avatar - DiscoBallGlowing
                        Fresno, California
                        United States
                        Member #157849
                        August 2, 2014
                        3959 Posts
                        Offline

                        Never say Never.  A single ticket owned by a single person could win this jackpot.

                         Then again a record-breaking pool could win it. 

                         A record number of tickets could do the job as well.

                         MM is an equal opportunity game.

                         "We are all in this together!" 

                          weshar75's avatar - Lottery-042.jpg
                          Mcminnville, Oregon
                          United States
                          Member #3013
                          December 13, 2003
                          5755 Posts
                          Offline

                          Mega Millions rolls to a new annuity record but still has to get about $75 million in cash some were to beat powerball from 2016.  I think mega can do it.-weshar75

                          US Flag

                            Avatar
                            Mt Sterling, IL
                            United States
                            Member #192745
                            October 8, 2018
                            199 Posts
                            Offline

                            Well. That just happened... Next stop: $2,000,000,000, arriving Tuesday night!