$944 MILLION: Mega Millions lottery jackpot set to make holiday wishes come true

Dec 21, 2024, 7:41 am (140 comments)

Mega Millions

Biggest jackpot in 9 months closes in on a billion dollars

By Todd Northrop

Nine months after Mega Millions delivered a $1.13 billion jackpot to one ticket sold in New Jersey, the multi-state lottery game is back with a jackpot to be drawn Tuesday that is also nearing the $1 billion mark.

When nobody won Friday night's $862 million grand prize, the Mega Millions jackpot grew to an estimated $944 million — the largest since a March 26, 2024 $1.128 billion Mega Millions jackpot was won by one ticket sold in New Jersey. That jackpot remains unclaimed by the winner, who has another three months to claim the prize.

The next Mega Millions drawing is on Tuesday night at 11:00 pm Eastern Time (8:00 pm Pacific).

Tuesday's $944 million Mega Millions jackpot is the 7th-largest in the game's history, and the 12th-largest United States lottery jackpot of all time (see full list below).

The lump-sum cash value of $429.4 million is the 18th-largest on the all-time US lottery jackpot cash value list.

The current jackpot run-up started on September 13 as a $20 million grand prize. It is 3 months since Mega Millions has had a jackpot winner, when an $800 million jackpot was won by one ticket sold in Texas — the biggest prize ever won in the state. In October, the jackpot was claimed by an anonymous trust formed in Sugar Land.

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

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

In Friday night's Mega Millions drawing, there was no jackpot winner, but 5 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Arkansas, 1 from Illinois, 2 from Indiana, and 1 from Pennsylvania. 

None of the second-prize winners purchased their ticket with the Megaplier option for an extra $1 per play. If they had, their prize would have doubled to $2 million, as the Megaplier number drawn 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. 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 and the number of tickets that won at each prize level.

Also, a total of 48 tickets matched four of the first five numbers plus the Mega Ball to win a $10,000 prize. Of those tickets, 11 were purchased with the Megaplier option, increasing the prize to $20,000, and 13 were sold in California, where the prize awarded this drawing is $6,199.

The Mega Millions winning numbers for Friday, December 20, 2024, were 2, 20, 51, 56, and 67, with Mega Ball number 19. The Megaplier number was 2.

The complete payout information and official drawing video for Friday's drawing can be found at USA Mega's Mega Millions Drawing Information page, as well as on the Mega Millions Prize Payouts page at Lottery Post. 

Following the Friday drawing, the Mega Millions annuity jackpot estimate was raised $82 million from its previous amount of $862 million. The cash value was raised by $37.3 million from its previous amount of $392.1 million.

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.

Mega Millions is currently offered for sale in 45 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern 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.

Some states offer direct online sales, allowing players to bypass the store and purchase tickets from home. Players can see if they can play Mega Millions online by tapping the link. Depending on the physical location of the person, the link will either provide access via a licensed butler service or the official state lottery itself.

Butler services provide scanned copies of the purchased lottery tickets securely held on behalf of the customer. In the past, such lottery ticket services were used by people out side the USA to win big jackpots in Oregon and Florida.

Mega Millions 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, Powerball and Mega Millions.

Top 25 United States lottery jackpots of all time

Tuesday's Mega Millions jackpot currently stands as the 12th-largest lottery jackpot of all time in the United States, and the 7th-largest Mega Millions jackpot ever.

If nobody wins Tuesday, the next drawing will be greater than $1 billion.

  1. Powerball: $2.0401 billion, Nov. 7, 2022 (40 rollovers, starting at $20 million) - California
  2. Powerball: $1.7649 billion, Oct. 11, 2023 (35 rollovers, starting at $20 million) - California
  3. Mega Millions: $1.602 billion, Aug. 8, 2023 (31 rollovers, starting at $20 million) - Florida
  4. Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) - California, Florida, Tennessee
  5. Mega Millions: $1.537 billion, Oct. 23, 2018 (25 rollovers, starting at $40 million) - South Carolina
  6. Mega Millions: $1.348 billion, Jan. 13, 2023 (25 rollovers, starting at $20 million) - Maine
  7. Mega Millions: $1.337 billion, Jul. 29, 2022 (29 rollovers, starting at $20 million) - Illinois
  8. Powerball: $1.3259 billion, Apr. 6, 2024 (40 rollovers, starting at $20 million) - Oregon
  9. Mega Millions: $1.128 billion, Mar. 26, 2024 (30 rollovers, starting at $20 million) - New Jersey
  10. Powerball: $1.0798 billion, Jul. 19, 2023 (38 rollovers, starting at $20 million) - California
  11. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) - Michigan
  12. Mega Millions: $944 million, Dec. 24, 2024 (29 rollovers, starting at $20 million) - Initial estimate, not won yet
  13. Powerball: $842.4 million, Jan. 1, 2024 (34 rollovers, starting at $20 million) - Michigan
  14. Mega Millions: $800 million, Sep. 10, 2024 (27 rollovers, starting at $20 million) - Texas
  15. Powerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) - Wisconsin
  16. Powerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) - Massachusetts
  17. Powerball: $754.6 million, Feb. 6, 2023 (33 rollovers, starting at $20 million) - Washington
  18. Powerball: $731.1 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) - Maryland
  19. Powerball: $699.8 million, Oct. 4, 2021 (40 rollovers, starting at $20 million) - California
  20. Powerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) - Iowa, New York
  21. Mega Millions: $656 million, Mar. 30, 2012 (18 rollovers, starting at $12 million) - Illinois, Kansas, Maryland
  22. Mega Millions: $648 million, Dec. 17, 2013 (21 rollovers, starting at $12 million) - California, Georgia
  23. Powerball: $632.6 million, Jan 5, 2022 (39 rollovers, starting at $20 million) - California, Wisconsin
  24. Powerball: $590.5 million, May 18, 2013 (13 rollovers, starting at $40 million) - Florida
  25. Powerball: $587.5 million, Nov. 28, 2012 (15 rollovers, starting at $40 million) - Arizona, Missouri

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 18th-largest cash value in U.S. history.

  1. Powerball: $997.6 million cash, Nov. 7, 2022 ($2.0401 billion annuity) - California
  2. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  3. Mega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) - South Carolina
  4. Mega Millions: $794.2 million cash, Aug. 8, 2023 ($1.602 billion annuity) - Florida
  5. Mega Millions: $780.5 million cash, Jul. 29, 2022 ($1.337 billion annuity) - Illinois
  6. Mega Millions: $776.6 million cash, Jan. 22, 2021 ($1.05 billion annuity) - Michigan
  7. Powerball: $774.1 million cash, Oct. 11, 2023 ($1.7649 billion annuity) - California
  8. Mega Millions: $723.5 million cash, Jan. 13, 2023 ($1.348 billion annuity) - Maine
  9. Powerball: $621 million cash, Apr. 6, 2024 ($1.3259 billion annuity) - Oregon
  10. Powerball: $558.1 million cash, Jul. 19, 2023 ($1.0798 billion annuity) - California
  11. Powerball: $546.8 million cash, Jan. 20, 2021 ($731.1 million annuity) - Maryland
  12. Mega Millions: $536.6 million cash, Mar. 26, 2024 ($1.128 billion annuity) - New Jersey
  13. Powerball: $496 million cash, Oct. 4, 2021 ($699.8 million annuity) - California
  14. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
  15. Powerball: $477 million cash, Mar. 27, 2019 ($768.4 million annuity) - Wisconsin
  16. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  17. Powerball: $450.2 million cash, Jan. 5, 2022 ($632.6 million annuity) - California, Wisconsin
  18. Mega Millions: $429.4 million cash, Dec. 24, 2024 ($944 million annuity) - Initial estimate, not won yet
  19. Powerball: $425.2 million cash, Jan. 1, 2024 ($842.4 million annuity) - Michigan
  20. Powerball: $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) - Washington
  21. Mega Millions: $404.2 million cash, Sep. 10, 2024 ($800 million annuity) - Texas
  22. Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) - Iowa, New York
  23. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  24. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  25. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana

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

  • Powerball: 15
  • Mega Millions: 10

Lottery Post Staff

Comments

Bleudog101

Thanks again for posting the standings.

 

Perhaps PB will be won and maybe more folks will migrate to MM to bump it up faster.   Two chances for that to happen prior to Tuesday.

 

In any case I think it'll go up before Tuesday night's drawing, right in time for Christmas.

Super-man's avatarSuper-man

My goodness... imagine winning it on Christmas eve (be it solo or shared)... best Christmas gift ever!!! 🙏🥰💰

Whoever wins it hopefully won't end up like Jack Whittaker who won it on Christmas day and... you already know what happened. 😨

CDanaT's avatarCDanaT

Stocking stuffers galore, coming up !!!   🎅

EnReval

Yea but he flaunted his and sad what happened to granddaughter

Powerball765's avatarPowerball765

🥳 Good luck 🍀 🍀 🍀 🍀 🍀 to everyone on lottery Post and the Good News we on Lottery post are all already overdue for a Big win 🏆.         
              However l am looking at my Calendar and l have my own Crystal Ball 🔮 prediction maybe I be right or wrong but l have to say my mind anyway.  I think this Jackpot will be won on New Year's Eve Tuesday December 31st . And l also think The Jackpot will Set a New record of $2.1 to $2.4 Billion dollars 🧑‍🎄. This is on track to make history and the Biggest Jackpot the world has ever seen. And if we are not careful it could reach $3.2 Billion dollars.
         The best part Mega million will have no Draw Glitches unlike Power Ball lol 🥳

        It will grow over $1 billion before Tuesday Night then $1.5 Billion by Friday then $2.4 billion by New Year's Eve 😻😇 Perfect Storm ⛈️ is already forming .

EnReval

I am excited for the $5 tkt because it takes 3 months to hit a billion 

 

when it chnges it may take just 2 months

 

what will the jkpot start at in April?

Bleudog101

Quote: Originally posted by EnReval on Dec 21, 2024

I am excited for the $5 tkt because it takes 3 months to hit a billion 

 

when it chnges it may take just 2 months

 

what will the jkpot start at in April?

Am I mistaken for saying it is back to the old $40 million?   With that ticket price it should start @ $100 million!

quicksloth35

If I win on Tuesday Night, I know how I will, at least, guard my JP winning ticket from Mr. Claus:

 

 

https://pbs.twimg.com/media/B46fLE7CEAAGhaG?format=png&name=large

CDanaT's avatarCDanaT

Haha EnR.....  Starting back at $40M      Do you remember when we were sold that line of Jargon ??  It started on 10/31/2017(1st $40M restart) https://www.megamillions.com/News/2017/Mega-Millions-enhanced-Starting-jackpots-increase.aspx

.....That lasted until 6/12/20 when the $20M restart kicked in due to Covid https://www.megamillions.com/News/2020/Mega-Millions-to-Adjust-Starting-Jackpot-Amount,-E.aspx

Has yet to ever restart at $40M in over 4 1/2 years https://www.texaslottery.com/export/sites/lottery/Games/Mega_Millions/Winning_Numbers/index.html_1606735145.html

It will never go back to $40 Million on a restart.

NJPiney's avatarNJPiney

Lets hope we're on the nice list

EnReval

They never did post starting jkpot for the change

EnReval

Can you imagine how the $2.04 E.Castro feeling of winning that amnt of money at such a young age 

 

how does one feel winning this amnt of $$$$$$$

Clarkejoseph49's avatarClarkejoseph49

Imagine if it gets bumped up to $1 billion (£795,766,500) on Christmas Eve.

JoeBigLotto's avatarJoeBigLotto

Good luck to everyone and happy holidays  💯😉

Perfecttiming2's avatarPerfecttiming2

Quote: Originally posted by CDanaT on Dec 21, 2024

Haha EnR.....  Starting back at $40M      Do you remember when we were sold that line of Jargon ??  It started on 10/31/2017(1st $40M restart) https://www.megamillions.com/News/2017/Mega-Millions-enhanced-Starting-jackpots-increase.aspx

.....That lasted until 6/12/20 when the $20M restart kicked in due to Covid https://www.megamillions.com/News/2020/Mega-Millions-to-Adjust-Starting-Jackpot-Amount,-E.aspx

Has yet to ever restart at $40M in over 4 1/2 years https://www.texaslottery.com/export/sites/lottery/Games/Mega_Millions/Winning_Numbers/index.html_1606735145.html

It will never go back to $40 Million on a restart.

I hate that they did that!

They never returned it to $40M starting jackpot...

and now they are going to introduce $5 cost per ticket /line🫤

I do believe the starting jackpot is $50M...

Droptop209's avatarDroptop209

Goodbye 1995 Honda Accurd.  Hello 2025 Toyota Supra.

CDanaT's avatarCDanaT

Yes please. BTW, I will take an additional one in black as well

billybucks

Quote: Originally posted by CDanaT on Dec 21, 2024

Yes please. BTW, I will take an additional one in black as well

  Where would you drive it to. You can't park it anywhere without worrying about it all the time you were at wherever you drove it.

billybucks

Quote: Originally posted by EnReval on Dec 21, 2024

Can you imagine how the $2.04 E.Castro feeling of winning that amnt of money at such a young age 

 

how does one feel winning this amnt of $$$$$$$

 The euphoria quickly wears off and you are beset with host of new problems you never thought you would have.

CDanaT's avatarCDanaT

Quote: Originally posted by billybucks on Dec 21, 2024

  Where would you drive it to. You can't park it anywhere without worrying about it all the time you were at wherever you drove it.

I-40...With a hundred million+ in the bank......Really not concerned over a $300K car. Thats why you get 2

Brock Lee's avatarBrock Lee

Quote: Originally posted by billybucks on Dec 21, 2024

  Where would you drive it to. You can't park it anywhere without worrying about it all the time you were at wherever you drove it.

you drive it to your rich friends' houses. then you look at each other's fancy cars and have a boring chat about car stuff. try to use your imagination, brah.

EnReval

Can only imagine telling 5 siblings max for a house is $450k and a car for $25k, u pay insurance bcuz still at working age

 

they wld hate me forever 

 

people wld have such attitudes towards you

dickblow

thats why no one won it all setup for only one winner

PrisonerSix

Quote: Originally posted by Super-man on Dec 21, 2024

My goodness... imagine winning it on Christmas eve (be it solo or shared)... best Christmas gift ever!!! 🙏🥰💰

Whoever wins it hopefully won't end up like Jack Whittaker who won it on Christmas day and... you already know what happened. 😨

His mistake was he thought because he had all that money he could do whatever he wanted but found out the hard way that was not true. 

No matter how much you have, you need to keep your feet on the ground.

ShagE3

Do you realize how many liverwurst sandwiches with Swiss cheese lettuce tomato red onion Dijon mustard on rye you could make for $944 million?

 Ques: Would you rather live like you do now or would you rather win $944 mil if it meant that you had to live the rest of your life in a nudist colony that was populated mostly with aged and obese people?

db101's avatardb101

Quote: Originally posted by billybucks on Dec 21, 2024

  Where would you drive it to. You can't park it anywhere without worrying about it all the time you were at wherever you drove it.

I've seen high end cars in Walmart parking lots. With all the cameras everywhere it's probably not as unsafe as you think.

Mwatcher

Just in time for Christmas or the New Year!!!!

HumanBlade666

Excited to see this jackpot hit to 1 billion or more by Christmas Evening. Best of luck to all that play on this game and drawing! I would still keep life simple and semi retire but donate to worthy causes in and around my community. Pay off all debt and keep my current vehicles maybe splurge on a travel trailer to visit across the country with my partner and our animals!

EnReval

Would u. Really buy a 5 Porsches like the bil$ winner?

 

Thatz living the life at $250k each

I would spend 2 months in 3 different several places I want to visit: 

Vancouver, Monaco and Montreal 

Mann this dreaming is addictive

EnReval

I want my life to not change meaning, don't call me more than u do now

 

no sibling arguments, not giving to your businesses, nieces n nephews, WE not rich

pay for you to learn a trade

GGStarlings's avatarGGStarlings

Someone's going to have a super duper extra holly jolly Christmas!

ShagE3

Would you rather win the mm Christmas Eve if  doing so Christmas and new years and independence day were eliminated forever for the entire USA?

Would you rather win mm Christmas Eve if doing so you had only two weeks till you meet your maker?

Would you rather win mm Christmas Eve if it meant you had to announce it to the whole world?

Would you rather win the mm Christmas Eve if by winning you would be required to sit through Its A Wonderful Life once every evening for the whole year?

 

Somé questions to reflect on before you go out and buy tickets .

CDanaT's avatarCDanaT

Quote: Originally posted by EnReval on Dec 21, 2024

Would u. Really buy a 5 Porsches like the bil$ winner?

 

Thatz living the life at $250k each

I would spend 2 months in 3 different several places I want to visit: 

Vancouver, Monaco and Montreal 

Mann this dreaming is addictive

Buying 5 Porshes would have to depend on year,model and amount produced.

1 or maybe 2 residences for this future winner....Rent the high end places for the long visits...

ShagE3

Should I win Tuesday ... I'm giving all of you .... posters a break ..... And I will keep my liverwurst sandwiches to myself ..... Heqq I've tried to entice you all with my delectable recipe to no avail. 

Speaking of liverwurst ..... Have anybody here ever tried oliveloaf?

sully16's avatarsully16

Quote: Originally posted by CDanaT on Dec 21, 2024

Yes please. BTW, I will take an additional one in black as well

She's a beauty, but I drive like a turtle so I'll stick with ...... okay I'll get one, but I'll still drive like a turtle.🐢

Good luck everybody and Merry Christmas.

ShagE3

Hi folks I hope ya'll having a blessed Advent season and that y'all enjoy Christmas (all 12 days) and may 2025 be a lucky year for us all.

Good health to everyone ... And good cheer too!

P.U.: Did someone step in the doggie doo!?

JustMaybe

Quote: Originally posted by dickblow on Dec 21, 2024

thats why no one won it all setup for only one winner

That is so true - it's waiting for me - if no one wants it, I will gladly take it. Thanks in advance

PrisonerSix

Quote: Originally posted by GGStarlings on Dec 21, 2024

Someone's going to have a super duper extra holly jolly Christmas!

MegaMillions on Christmas Eve and Powerball on Christmas Day, two chances to have a great Christmas.

My state doesn't do state draws on Christmas day so on Wednesday there is no Louisiana Lotto, Easy 5, Pick 3, Pick 4, or Pick 5. That was written into state lottery law when it started.

Perfecttiming2's avatarPerfecttiming2

Quote: Originally posted by billybucks on Dec 21, 2024

  Where would you drive it to. You can't park it anywhere without worrying about it all the time you were at wherever you drove it.

Ohhhh...there are places for such nice things...

You could buy property in locations like Malibu, Coto de Caza, Bel Air or Newport Beach (all in Southern Ca) where cars like that are the norm.....
You would do your grocery shopping at Gelson's and park next to any Lamborghinis or Corvettes that are seen there on a regular basis.  High-end shopping malls have the same energy and your car would not be out of place...

ShagE3

Eating pizza with anchovies ... 

In a room full of cats ..   

Litterbox ...

Tootsie Rolls .... P.U.!!!!!

$944,000,000

Christmas Eve

Mega millions

KY Floyd's avatarKY Floyd

"It will grow over $1 billion before Tuesday Night"

Possible, but it's a fairly big jump unless interest rates go up. Then we might see a $56 million bump in the advertised price but the real jackpot will go up by $10 or $15 million. Maybe people dreaming about a green Christmas will do it even without a bump in interest rates, but that requires a bump 2.5 times as big as the cash bump that got it from 825 to $862 million.

"then $1.5 Billion by Friday  "

Maybe in your dreams. The last time we saw a MM roll past $1 billion (August '23) it took two rolls to  get from 1.1 to 1.58 billion. Last April PB went from $1.09 to $1.325 billion in one roll, and in October '23 it went 1.2 > 1.4 > 1.55 billion. 1.5 billion on Tuesday the 31st is a decent possibility but I think it would come up well short of that.

"if it meant that you had to live the rest of your life in a nudist colony that was populated mostly with aged and obese people? "

What's the problem? I could buy my sunscreen by the case. And I'd still be able to go on vacation, right?

grwurston's avatargrwurston

Ain't as much as ya think after taxes.

Annuity Cash
Mega Millions Jackpot for Tue, Dec 24, 2024 $944,000,000 $429,400,000
Gross Prize 30 average annual payments of           $31,466,667     Cash: $429,400,000
- 24% federal tax                                                          - $7,552,000              - $103,056,000
- Add'l federal taxes due (37% final rate)                - $4,048,854                - $55,780,188


Subtotal                                                                         $19,865,812                $270,563,812
- State Tax:
johnnyBlaze

Quote: Originally posted by grwurston on Dec 22, 2024

Ain't as much as ya think after taxes.

Annuity Cash
Mega Millions Jackpot for Tue, Dec 24, 2024 $944,000,000 $429,400,000
Gross Prize 30 average annual payments of           $31,466,667     Cash: $429,400,000
- 24% federal tax                                                          - $7,552,000              - $103,056,000
- Add'l federal taxes due (37% final rate)                - $4,048,854                - $55,780,188


Subtotal                                                                         $19,865,812                $270,563,812
- State Tax:

Are you seriously complaining about $250M after taxes? At $3M a year it takes you 80+ years to spend it all with zero investing. You sound like that $395M guy trying to steal the other half.

Are ppl really that greedy or just don't understand the kind of money it actually is? It's the kind of money that takes most ppl a few lifetimes....combined.

hearsetrax's avatarhearsetrax

Quote: Originally posted by Perfecttiming2 on Dec 21, 2024

Ohhhh...there are places for such nice things...

You could buy property in locations like Malibu, Coto de Caza, Bel Air or Newport Beach (all in Southern Ca) where cars like that are the norm.....
You would do your grocery shopping at Gelson's and park next to any Lamborghinis or Corvettes that are seen there on a regular basis.  High-end shopping malls have the same energy and your car would not be out of place...

Artist77's avatarArtist77

Quote: Originally posted by Perfecttiming2 on Dec 21, 2024

Ohhhh...there are places for such nice things...

You could buy property in locations like Malibu, Coto de Caza, Bel Air or Newport Beach (all in Southern Ca) where cars like that are the norm.....
You would do your grocery shopping at Gelson's and park next to any Lamborghinis or Corvettes that are seen there on a regular basis.  High-end shopping malls have the same energy and your car would not be out of place...

You do know that the elite is not going to be accepting of a lottery winner?

winterhug's avatarwinterhug

Quote: Originally posted by EnReval on Dec 21, 2024

I am excited for the $5 tkt because it takes 3 months to hit a billion 

 

when it chnges it may take just 2 months

 

what will the jkpot start at in April?

Wow, you are the only one who has said he/she is excited about the new 5$ MM ticket price. Most of us have been saying we will no longer buy MM tickets. We will stick with the PB tickets instead. Officials for the PB say they will not raise their ticket prices to $5 because PB drawings are already 3 times a week. According to what I read, once the new $5 MM ticket price starts in April 2025, the jackpot will start at 50 million.

winterhug's avatarwinterhug

Quote: Originally posted by grwurston on Dec 22, 2024

Ain't as much as ya think after taxes.

Annuity Cash
Mega Millions Jackpot for Tue, Dec 24, 2024 $944,000,000 $429,400,000
Gross Prize 30 average annual payments of           $31,466,667     Cash: $429,400,000
- 24% federal tax                                                          - $7,552,000              - $103,056,000
- Add'l federal taxes due (37% final rate)                - $4,048,854                - $55,780,188


Subtotal                                                                         $19,865,812                $270,563,812
- State Tax:

Most of us don't care about the taxes, at the end of the day it is STILL more money than we have now. As for me, I would be just grateful for the win.

winterhug's avatarwinterhug

Quote: Originally posted by johnnyBlaze on Dec 22, 2024

Are you seriously complaining about $250M after taxes? At $3M a year it takes you 80+ years to spend it all with zero investing. You sound like that $395M guy trying to steal the other half.

Are ppl really that greedy or just don't understand the kind of money it actually is? It's the kind of money that takes most ppl a few lifetimes....combined.

I agree with you 100%. This win after taxes is more than what I have now. I would be just grateful for win. The greed of some people is sad.

Artist77's avatarArtist77

Quote: Originally posted by johnnyBlaze on Dec 22, 2024

Are you seriously complaining about $250M after taxes? At $3M a year it takes you 80+ years to spend it all with zero investing. You sound like that $395M guy trying to steal the other half.

Are ppl really that greedy or just don't understand the kind of money it actually is? It's the kind of money that takes most ppl a few lifetimes....combined.

I agree. I rarely play and am financially set but I am grateful if I win a few dollars.

EnReval

I hv 1 set been playing for 26 yrs but the main ball is 25 and will have to chnge to probably 12 or quick pik the ball

 

so going fr $4 a week to $10

Perfecttiming2's avatarPerfecttiming2

Quote: Originally posted by Artist77 on Dec 22, 2024

You do know that the elite is not going to be accepting of a lottery winner?

I personally know of one and he does very well with the "elite". 

Many lottery winners use the money to create generational wealth, real estate holdings and philanthropy. The lifestyle and mindset completely changed for the better.

Artist77's avatarArtist77

Quote: Originally posted by Perfecttiming2 on Dec 22, 2024

I personally know of one and he does very well with the "elite". 

Many lottery winners use the money to create generational wealth, real estate holdings and philanthropy. The lifestyle and mindset completely changed for the better.

Sure if he is buying his way into things like Cynthia Stafford. 🤣 The fact that he brags he does "very well" vs he fits in is kind of telling.

Are you saying you actually know a major jp winner?

billybucks

Quote: Originally posted by Perfecttiming2 on Dec 22, 2024

I personally know of one and he does very well with the "elite". 

Many lottery winners use the money to create generational wealth, real estate holdings and philanthropy. The lifestyle and mindset completely changed for the better.

 Does it. You want to become a philanthropist. You phone will never stop ringing and your life will be nothing but distractions by people trying to get you to philanthropize them. These huge jackpots should never happen because the matrixes of the games should be shortened so more people could win. 10 million dollars is more than enough for anyone. Way more than enough.

Perfecttiming2's avatarPerfecttiming2

Quote: Originally posted by Artist77 on Dec 22, 2024

Sure if he is buying his way into things like Cynthia Stafford. 🤣 The fact that he brags he does "very well" vs he fits in is kind of telling.

Are you saying you actually know a major jp winner?

No bragging at all....

It is my observation that I am sharing.

The family is very nice....that didn't change.

Perfecttiming2's avatarPerfecttiming2

Quote: Originally posted by billybucks on Dec 22, 2024

 Does it. You want to become a philanthropist. You phone will never stop ringing and your life will be nothing but distractions by people trying to get you to philanthropize them. These huge jackpots should never happen because the matrixes of the games should be shortened so more people could win. 10 million dollars is more than enough for anyone. Way more than enough.

There are organization that will manage your philanthropic interest (charities that you are interested in).
You donate anonymously.

Any other request from the public are managed by lawyers, not you and gated communities exist for a reason.

I recommend reading "Sudden Money" by Susan Bradley and

"Sudden Wealth Solutions" by Robert Pagliarini

"People believe one of two things: Money will be the solution to all my problems, or Money will be the source of all my problems".  This dichotomous and extreme view of money is unhealthy. It affords too much power to money while disempowering the individual. Those who view money as their savior sit back and expect happiness to happen, but happiness doesn't just happen. You have to know what makes you tick and what you value. Happiness takes work. Those who view money as a problem don't make the most of their sudden wealth. Their fear of money prevents them from creating a better life." ~  Robert Paliarini

Bleudog101

Quote: Originally posted by Perfecttiming2 on Dec 22, 2024

There are organization that will manage your philanthropic interest (charities that you are interested in).
You donate anonymously.

Any other request from the public are managed by lawyers, not you and gated communities exist for a reason.

I recommend reading "Sudden Money" by Susan Bradley and

"Sudden Wealth Solutions" by Robert Pagliarini

"People believe one of two things: Money will be the solution to all my problems, or Money will be the source of all my problems".  This dichotomous and extreme view of money is unhealthy. It affords too much power to money while disempowering the individual. Those who view money as their savior sit back and expect happiness to happen, but happiness doesn't just happen. You have to know what makes you tick and what you value. Happiness takes work. Those who view money as a problem don't make the most of their sudden wealth. Their fear of money prevents them from creating a better life." ~  Robert Paliarini

Suze Orman was on one of those talk shows several years ago.  She said when folks call her for $$$ (friends/relatives) they are screened through her Attorney who automatically says NO!!

 

Just the Jackpot was played, reserved only for big jackpots.    $4 won Friday night which went to a losing PB with PP & DP Saturday.

TwoMillion

In 2010 undocumented immigrant Jose Antonia Cua-Toc purchased a winning lottery ticket in Georgia. The ticket was worth $750,000, but due to Cua-Toc’s undocumented status he was concerned about claiming his winnings in fear that he would be deported back to Guatemala if found out or that he would not even be able to claim the winnings. To avoid deportation, Cua-Toc gave the winning lottery ticket to his boss Erick Cervantes under the agreement that Cervantes would pick up the money for him. Unfortunately (and unsurprisingly) this plan backfired on Cua-Toc and Cervantes claimed the money for himself, saying that Cua-Toc had merely purchased the ticket for his friend. Luckily, in 2012 courts ruled in Cua-Toc’s favor after viewing surveillance camera footage of the ticket’s purchase.

So if you win the lottery, remember to claim the ticket winnings yourself and consider investing in a lawyer! You’ll have the funds, after all.

 

Some people are in it to win it when it comes to winning the lottery, buying tickets every week for years. This was the case for Etta May Urquhart who put her money into the California lottery for 18 years. Similar to the case of Cua-Toc’s mistake of giving the ticket away, Urquhart was so excited about finally winning $15 million that she gave the ticket to her son Ronny Orender to sign the ticket and claim the jackpot on her behalf. Urquhart’s son took the ticket and claimed the money for himself. Urquhart successfully took her son to court and sued him for fraud and abuse for his theft of her winnings.

Again, there’s never a good person to trust with your lottery winnings: not even family.

 

2002 was a big year for lottery winners to make catastrophic mistakes with their jackpots. Jack Whittaker of West Virginia was the winner of $315 from the Powerball lottery, and in a similarly destructive manner as Britain’s Carroll’s demolition derbies; Whittaker lost much of his money at strip clubs. Whittaker was already a wealthy man before winning the lottery, and while it’s not exactly rare to find the rich dropping big bucks at strip clubs Whittaker was having an especially frivolous time with the strippers—which proved to be a risky mistake on his part. About a year after winning the Powerball Whittaker was at a strip club in West Virginia carrying a suitcase of $545,000 “because he could”. Stupidly, Whittaker left the suitcase of cash in his car and thieves broke in to steal it. In a similar incident, the managers of a strip club were charged with attempting to drug Whittaker and steal his suitcase of money.

 

One of the mistakes in this article has been that you can’t trust those closest to you—which was also the case for William “Bud” Post III who won $16.2 in 1998. His brother tried to hire a hitman to murder both Post and his wife so that he could take the winnings for himself. This assassination attempt didn’t succeed, but Post continued to have a difficult life until he died in 2006. Before his death he ended up declaring bankruptcy, he was forced to give $5 million to his landlady, and he invested in a business that flopped.

While his brother went to jail and did not succeed in killing Post for his money, that doesn’t mean that the rest of Post’s life was smooth sailing. After all, as we’ve seen from these unfortunate fortune winners, winning the lottery doesn’t guarantee an easy life.

kao1632

Quote: Originally posted by Artist77 on Dec 22, 2024

You do know that the elite is not going to be accepting of a lottery winner?

Do you really want to be accepted by "the elite"?

What do they have that you would want?

grwurston's avatargrwurston

Quote: Originally posted by johnnyBlaze on Dec 22, 2024

Are you seriously complaining about $250M after taxes? At $3M a year it takes you 80+ years to spend it all with zero investing. You sound like that $395M guy trying to steal the other half.

Are ppl really that greedy or just don't understand the kind of money it actually is? It's the kind of money that takes most ppl a few lifetimes....combined.

I'm not saying $270M isn't a lot of money, it is, but when you consider that after taxes it's only 28.6% of the advertised jackpot it's not so much compared to the $944M people were playing for. Personally I think lottery winnings should be tax free.

johnnyBlaze

Quote: Originally posted by grwurston on Dec 22, 2024

I'm not saying $270M isn't a lot of money, it is, but when you consider that after taxes it's only 28.6% of the advertised jackpot it's not so much compared to the $944M people were playing for. Personally I think lottery winnings should be tax free.

You saying millionaires shouldn't be taxed like regular ppl?

KY Floyd's avatarKY Floyd

"it's not so much compared to the $944M people were playing for. "

Stupid people are often disappointed. I'm playing for the pre-tax $429 million, because that's a real prize that actually exists. After taxes that's roughly $30 million for me, and $370 million for  my charitable foundation.  My charitable foundation could reasonably spend far more than that, but what am I going to do personally that $30 million isn't more than enough?

"You saying millionaires shouldn't be taxed like regular ppl? "

There's solid logic behind the idea that states shouldn't tax lottery prizes. They've already skimmed 40 to 60%  off the top, and not taxing prizes makes them effectively bigger, which potentially increases ticket sales. The federal government doesn't benefit at all from ticket sales, so there's no sensible reason for them to make winnings tax exempt.

kao1632

Quote: Originally posted by johnnyBlaze on Dec 23, 2024

You saying millionaires shouldn't be taxed like regular ppl?

Most other countries in the world (Spain and Italy excluded. They tax winnings at up to 20%) do not tax winnings.

They get their tax revenue at time of sale (a share of the ticket price)

Any income from the winnings is taxed.

So, millionaires in those countries still get taxed. Just like "regular people".

kao1632

Quote: Originally posted by grwurston on Dec 22, 2024

I'm not saying $270M isn't a lot of money, it is, but when you consider that after taxes it's only 28.6% of the advertised jackpot it's not so much compared to the $944M people were playing for. Personally I think lottery winnings should be tax free.

Maybe if they advertised the prizes as "after tax"..

Probably wouldn't work so well in USA because of all the differing state tax rates on lottery prizes... But at least give the jackpot after federal taxes..

 

And maybe do the publicity on the cash value rather than the annuity value( Which inflates the perceived value of a jackpot).

johnnyBlaze

Quote: Originally posted by kao1632 on Dec 23, 2024

Most other countries in the world (Spain and Italy excluded. They tax winnings at up to 20%) do not tax winnings.

They get their tax revenue at time of sale (a share of the ticket price)

Any income from the winnings is taxed.

So, millionaires in those countries still get taxed. Just like "regular people".

The Federal govt doesn't get any share of that ticket price, just the states. Quoting "regular ppl" would actually be clever if you made any sense.

I agree with KY Floyd with the idea of no state tax but eliminating Federal taxes doesn't make sense at all and outright stupid.

 Not sure what you meant by "income from winnings" but here in the USA it's the extra money you make with the winnings aka profits that are taxed after.

grwurston's avatargrwurston

Quote: Originally posted by johnnyBlaze on Dec 23, 2024

You saying millionaires shouldn't be taxed like regular ppl?

I didn't say that. I said lottery winnings shouldn't be taxed. That means any win over $600.

johnnyBlaze

Quote: Originally posted by grwurston on Dec 23, 2024

I didn't say that. I said lottery winnings shouldn't be taxed. That means any win over $600.

$944M is over $600 correct?

And someone who wins $944M is a multimillionaire by definition but still shouldn't be taxed?

grwurston's avatargrwurston

Quote: Originally posted by johnnyBlaze on Dec 23, 2024

$944M is over $600 correct?

And someone who wins $944M is a multimillionaire by definition but still shouldn't be taxed?

If lottery wins aren't taxed then the amount won doesn't matter.

johnnyBlaze

Quote: Originally posted by grwurston on Dec 23, 2024

If lottery wins aren't taxed then the amount won doesn't matter.

And I'm saying multimillionaires should pay their fair share of taxes.

If everyday Americans are paying taxes why should a multimillionaire not? They didn't even earn it. It was handed to them.

grwurston's avatargrwurston

Quote: Originally posted by johnnyBlaze on Dec 23, 2024

And I'm saying multimillionaires should pay their fair share of taxes.

If everyday Americans are paying taxes why should a multimillionaire not? They didn't even earn it. It was handed to them.

Well then, when you win the 944M you can tell the IRS, I am a multi-millionaire now and I want to pay as much taxes as possible on my winnings. They will be very happy to hear that. But before you file a claim on your winnings, make sure to move to a high tax state and establish residence so they can get their 10.5 - 11% of your win that first year too. By then you will have paid about 48% in taxes and your win will be down to 223-224. 

johnnyBlaze

Quote: Originally posted by grwurston on Dec 23, 2024

Well then, when you win the 944M you can tell the IRS, I am a multi-millionaire now and I want to pay as much taxes as possible on my winnings. They will be very happy to hear that. But before you file a claim on your winnings, make sure to move to a high tax state and establish residence so they can get their 10.5 - 11% of your win that first year too. By then you will have paid about 48% in taxes and your win will be down to 223-224. 

You think you're making it sound bad but I got no problem with that. $200M after taxes? I'd be helping fund schools and infrastructure directly.

 My plan is to give most of it away to charities and good causes anyway so there'd be zero regrets.

kao1632

Quote: Originally posted by johnnyBlaze on Dec 23, 2024

$944M is over $600 correct?

And someone who wins $944M is a multimillionaire by definition but still shouldn't be taxed?

And they will pay tax on their income from that $944 million (more likely the $429.4 million cash option)

 

current yield on US 10y treasuries is 4.53%  (on $429.4m =$19,451,820. Tax on that (top federal only (37%)) is $7,197,173 )

$7.2m/yr is a little more than no tax.

Suzy-Dittlenose

Quote: Originally posted by EnReval on Dec 21, 2024

I am excited for the $5 tkt because it takes 3 months to hit a billion 

 

when it chnges it may take just 2 months

 

what will the jkpot start at in April?

Only an idiot will be willing to pay $5 a ticket.  I don't know of anyone who's going to pay that price if the jackpot is under a $billion.  I won't buy until it reaches that point.  😧

I predict the price increase will backfire on the morons running the lottery.

Suzy-Dittlenose

Quote: Originally posted by EnReval on Dec 21, 2024

Can you imagine how the $2.04 E.Castro feeling of winning that amnt of money at such a young age 

 

how does one feel winning this amnt of $$$$$$$

Castro has shown his recklessness in the handling of his new wealth.  Reports comment he's bought multiple mansions in excess of $25 million each and the realtors taking advantage of him.  The CA property taxes are going to eat him alive.

I wonder if he has frivolous lawsuits against him.... 🤔

grwurston's avatargrwurston

Quote: Originally posted by johnnyBlaze on Dec 23, 2024

You think you're making it sound bad but I got no problem with that. $200M after taxes? I'd be helping fund schools and infrastructure directly.

 My plan is to give most of it away to charities and good causes anyway so there'd be zero regrets.

Donate most of it to charity, a few million to various family members, a big mansion or two and all the furnishings, fancy cars, maybe a yacht, vacations to Europe. Ten years from now you'll be saying, I shoulda kept some of that. Now I gotta go back to work.

johnnyBlaze

Quote: Originally posted by grwurston on Dec 23, 2024

Donate most of it to charity, a few million to various family members, a big mansion or two and all the furnishings, fancy cars, maybe a yacht, vacations to Europe. Ten years from now you'll be saying, I shoulda kept some of that. Now I gotta go back to work.

None of it's going to any of my family beyond my immediate family. Vacations, yes but no fancy cars or yachts for me. Pay off the debts, buy myself a decent 4bhk and a couple mil for retirement is all I need.

Benefits of the many outweigh the benefits of one. Words I live by.

EnReval

His take home after taxes was $683mil

 

3 homes $47mil, 25mil and 4mil in 2 years 

Still has $600 mil

 I probably wldn't buy a house above $10mil

Powerball765's avatarPowerball765

Quote: Originally posted by Suzy-Dittlenose on Dec 23, 2024

Only an idiot will be willing to pay $5 a ticket.  I don't know of anyone who's going to pay that price if the jackpot is under a $billion.  I won't buy until it reaches that point.  😧

I predict the price increase will backfire on the morons running the lottery.

in Canada 🇨🇦 they are already paying up to $5 for Lotto Max and the jackpot is Capped to about $80,000,000 and people in Canada are crossing the border to buy power ball and mega millions and also in Spain they pay up to $20 for Christmas 🎅 Lottery ElGordo . So understand Mega Millions and Powerball are the Kings of Lottery on this Planet . People from all over the world now buy powerball and mega millions online. So Mega millions charging $5 is a Gamble for Mega millions to become the King of the world in lottery and don't be surprised when Mega Millions hits $5 Billion Jackpot the world will stop Rotating then Powerball will take notice and raise prices too to $4 you see 🎅😃🍀🍀 Also consider inflation and you will understand that even at $5 per ticket you are still paying less in value than when the Lottery started at $1 think about that . In ten years your $5 now will be worth $2

rcbbuckeye's avatarrcbbuckeye

There are lots of people that buy scratchers for $50 or more (in TX

$100) for jackpots way less than $50 million. So while I personally won't be among them, at least regularly, there will be a lot of players willing to drop $5 on MM, odds notwithstanding.

Powerball765's avatarPowerball765

Also Remember that Puerto Rico 🇵🇷 currently does not offer Mega Millions you currently can only play Powerball in Puerto Rico so because of that I suspended my vacation to Puerto Rico 🇵🇷 till Spring Break you only find me where the Big Money 💰 is 😇😃🇵🇷💰😋💕

JohnGalt3

Dec 31st is possible for sure. You may right.

I keep track of ticket sales and the last drawing on Friday, 12/20 statistically covered only 20% of all combinations as 60,000,000 tickets sold. This Tuesday probably 25% to 30% or so will be covered.

The record jackpot of $1,602,000,000 last 08/08/2023 had only 50% of the numbers covered so another rollover was very possible at that time.

I think the jackpot on December 31 will closer to $1.60 to $1.80 billion but we will see. If only 50% of the numbers are covered on December 31st, it could roll over once more. We will know more Wednesday morning.

EnReval

Went bk thru my list of numbers and scratched off those that don't have a feeling for

 

chking list twice

ShagE3

All this talk of taxes taxes taxes and $5 mega millions $5 megamillions $5 megamillions is really annoying .......  so let's talk about oliveloaf okay?

PS If anybody wants a great recipe for a liverwurst sandwich ... I'm not posting it okay? It's my recipe!

P.U.: Hoo Kut Da Cheez?!

PrisonerSix

It's at $970million now!

Bleudog101

$970 million!!

ShagE3

Yay 970 yay

Nappytime

EnReval

I am so happy today and can't wait til 2025, from job closed a yr a go & severely underemployed 

new prospects are on the way

$5 MM cld mean more multi winners and my name is on 1of those tickets, It Can Happen To You 

12/24 going forward, I am calling it

Mwatcher

Imagine the Possibilities!

johnnyBlaze

Quote: Originally posted by kao1632 on Dec 23, 2024

And they will pay tax on their income from that $944 million (more likely the $429.4 million cash option)

 

current yield on US 10y treasuries is 4.53%  (on $429.4m =$19,451,820. Tax on that (top federal only (37%)) is $7,197,173 )

$7.2m/yr is a little more than no tax.

It is called income tax. What are you trying to say?

CDanaT's avatarCDanaT

$970M  is a nice preparatory number to increase upon. Let the 10 figure arise !

ShagE3

P.U.!!!!!!

$970 Mil

P.U. !!!!!

Speaking of oliveloaf why don't I share my sandwich recipe.....?!

ShagE3

Questions to ponder regarding MM $970 :

Will you be charitable and share your winnings with your 2nd cousins thrice removed Gilbert and Graham ?

How about your aunt Haddie who prohibited her daughter Esther from inviting you to her wedding?

Will you order po boys for your lotto celebration?

If the mm only reaches $969 mil will you be so disappointed that you will hand over your winning ticket to your ex-wife?

Should you win it all tomorrow night will you reconsider putting a dollar bill in the collection basket at church?

Somé very important things to ponder!

EnReval

My list is the same 5 yrs ago

 

not giving to a church to buy a Maybach

5 Siblings each a trust fund for  $1mil each, sign an agreement don't come back for more

now I may add 300k  each year when they turn 55 60 and 65

not giving to any new businesses

 

and please don't call me more than u did b4, too much drama, am looking for peace

taking some trips with friends 

Nothing extravagant

ShagE3

Quote: Originally posted by EnReval on Dec 23, 2024

My list is the same 5 yrs ago

 

not giving to a church to buy a Maybach

5 Siblings each a trust fund for  $1mil each, sign an agreement don't come back for more

now I may add 300k  each year when they turn 55 60 and 65

not giving to any new businesses

 

and please don't call me more than u did b4, too much drama, am looking for peace

taking some trips with friends 

Nothing extravagant

What is a Maybach ..   just curious?

kao1632

Quote: Originally posted by ShagE3 on Dec 23, 2024

What is a Maybach ..   just curious?

A very expensive "German luxury car brand owned by and a part of Mercedes-Benz AG " (credit wiki)

 

Used to be own models. Seems that now they are a lux mod to existing top of the line Mercedes S class

JustMaybe

Quote: Originally posted by rcbbuckeye on Dec 23, 2024

There are lots of people that buy scratchers for $50 or more (in TX

$100) for jackpots way less than $50 million. So while I personally won't be among them, at least regularly, there will be a lot of players willing to drop $5 on MM, odds notwithstanding.

I mostly spend $3 on each draw.

Sometimes I feel that it is not fair to spend $3 and expect to win one billion.

So when the jackpot is this high, I spend $15 on five tickets 🤔

I hope to win something out of my respect for the jackpot size 😜

EnReval

Mercedes worth abt $250k

KY Floyd's avatarKY Floyd

"Castro has shown his recklessness in the handling of his new wealth."

You're missing a clue or three. Based on the spending we've heard about he should have  perhaps $540 million of the cash left. Even if the houses are sitting vacant they're still worth about $75 million and gaining value, bringing his net worth back up over $600 million. Maybe he's a moron and will manage to squander it, but  I'm not aware of anything to suggest  he needs to start worrying about his cash flow yet.

"There are lots of people that buy scratchers for $50 or more "

But what are the odds of winning something big? Selling a million tickets at $50 each would let them give away 5 $1 million prizes at odds of 1 in 200,000 and still have $20 million for the smaller prizes. For 1/10th of the cost you can be about 60 times less likely to win $2 million in the new MM game.

"This Tuesday probably 25% to 30% or so will be covered."

It's more along the lines of 22.5% based on the sales estimate for the advertised $970 million.

"The record jackpot of $1,602,000,000 last 08/08/2023 had only 50% of the numbers covered "

About 630 million tickets were sold for that drawing, covering a hair over 88% of possible combinations. Both of those figures are based on all tickets being chosen randomly, so  people playing patterns, calendar numbers, etc. would reduce them a bit, but even if 50 million tickets  only used a small handful of combinations over 86% would still be in play.

heisenberg991

So is this gonna roll over?

ronjonson

Yay!!! Just raised to  $1 Billion

Brock Lee's avatarBrock Lee

Quote: Originally posted by ronjonson on Dec 24, 2024

Yay!!! Just raised to  $1 Billion

but cash value, which is what a winner would actually opt for, is only 448.8 million. still not in the top ten.

CDanaT's avatarCDanaT

Only need to keep $35 Million(after taxes)..Get the new place built, shooting range and a few toys. Merry Christmas

dickblow

its all fixed for one person to win again

johnnyBlaze

Quote: Originally posted by Brock Lee on Dec 24, 2024

but cash value, which is what a winner would actually opt for, is only 448.8 million. still not in the top ten.

It is in the top 10 if you take the cash value of the rest of them. Can't compare cash value of this one to annuity of the rest.

Brock Lee's avatarBrock Lee

Quote: Originally posted by johnnyBlaze on Dec 24, 2024

It is in the top 10 if you take the cash value of the rest of them. Can't compare cash value of this one to annuity of the rest.

448.8 is not in the top ten cash values.

PrisonerSix

Quote: Originally posted by Brock Lee on Dec 24, 2024

448.8 is not in the top ten cash values.

True, but I won't complain when I win.

johnnyBlaze

Quote: Originally posted by Brock Lee on Dec 24, 2024

448.8 is not in the top ten cash values.

Check your sources. And then re-check.

The next highest on the list is $810M from 09/2024 won in Texas with a cash value of $409M. Last I checked $448M is higher than that.

Unless you mean top 10 overall and not Mega Millions alone?

kao1632

Quote: Originally posted by johnnyBlaze on Dec 24, 2024

Check your sources. And then re-check.

The next highest on the list is $810M from 09/2024 won in Texas with a cash value of $409M. Last I checked $448M is higher than that.

Unless you mean top 10 overall and not Mega Millions alone?

You are probably looking at purely MM jackpots.. Most people are looking at the top ten csh values from all of PB AND MM..

 

https://en.wikipedia.org/wiki/Lottery_jackpot_records

At #13 we have $496m (Powerball, jackpot $699.8m,  4 Oct 2021

At #14 we have $480.5m (Powerball, jackpot $758.7m, Aug 23, 2017

EnReval

Do you know the name of the person and which state is fixed to win?

johnnyBlaze

Quote: Originally posted by kao1632 on Dec 24, 2024

You are probably looking at purely MM jackpots.. Most people are looking at the top ten csh values from all of PB AND MM..

 

https://en.wikipedia.org/wiki/Lottery_jackpot_records

At #13 we have $496m (Powerball, jackpot $699.8m,  4 Oct 2021

At #14 we have $480.5m (Powerball, jackpot $758.7m, Aug 23, 2017

This is an article about MM. Why would I consider PB?

kao1632

Quote: Originally posted by johnnyBlaze on Dec 24, 2024

This is an article about MM. Why would I consider PB?

Maybe because when LotteryPost puts out their lists of top  (25?) jackpots and top cash prizes, the lists mix MM and PB...

That would be the way most people look at a top 10 prizes list.. one similar to what the web site you are using uses...

ronjonson

I smell a one lone winner tonight and it's little lucky Maryland again! Just saying.

johnnyBlaze

Quote: Originally posted by kao1632 on Dec 24, 2024

Maybe because when LotteryPost puts out their lists of top  (25?) jackpots and top cash prizes, the lists mix MM and PB...

That would be the way most people look at a top 10 prizes list.. one similar to what the web site you are using uses...

When the title of the article is about MM ppl would just talk about MM as is the case with 100+ responses here. LP lists those for convenience.

By your logic, if we're considering top 25 overall then why stop with the US? Other countries have bigger lotteries too.

JackpotWanna's avatarJackpotWanna

Good luck my friends!

kao1632

Quote: Originally posted by johnnyBlaze on Dec 24, 2024

When the title of the article is about MM ppl would just talk about MM as is the case with 100+ responses here. LP lists those for convenience.

By your logic, if we're considering top 25 overall then why stop with the US? Other countries have bigger lotteries too.

Well, first,..

The discussion is on "THIS" web site. The top 25 list I talked about is a list this website puts out and it covers the Major US lotteries.. PB and MM

Secondly, No other lottery I know of has anywhere near teh number of pre tax cash value prizes in the top 25 compared to MM and PB 

The Spanish elGordo is a "raffle' with a winning ticket worth 4 million euros per "first division" ticket (That's the full ticket, not the usual tenth ticket most people buy).. (Total prize pool is over 2.7 billion euros)

Euro Millions currently tops out at something like 250 million euros. (Currently about US$260 million...)

The Italian SuperEnalotto did peak out at 371.1 million euros in 15 Feb 2023 (US$386 million)..

 

That SuperEnalotto record would come in at about 22nd on the table. Nothing else breaks into teh top 25.

So, essentially, the top 25 PB and MM is the same thing as the world top 25 lottery prizes (cash value, we'll ignore the annuity because most other countries do cash only)

JustMaybe

I got my tickets - QP all the way.

That's the only thing that I can do.

The rest, I leave to Lady Fortuna.

I hope she is smiling at me 😁 

Good luck all who have a ticket in hand 👌

TwoMillion

Grandma, how about letting Grandpa sweat this weekend out? give me the insulin money. I will bet on the Mega Millions for you.

Merry Christmas! I hope Santa will make someone happy this Christmas!

PrisonerSix

I didn't win. There's always next time.

JoeBigLotto's avatarJoeBigLotto

Nobody won tonight Just went up nice 😇🥳 If l win am going to give away 150 Teslas or $100,000 each to mostly Strangers . But l won't actually buy the Teslas😄 due to gift tax but instead l will give $20,000 annually for five years to lucky 150 people so will cost me $15,000,000 and little or No gift tax. I don't want to hear any bad Comment or you automatically off my list . Remember l will consider all my good buddies on Lottery post lol  But the best part is I will upgrade ten of the 150 people to Lamborghini Urus costing close to $500,000 each but l must admit you more likely to be a good Ex wife or Good ex girlfriend to get a Lambo lol trust me am not trying to go back but running away to Las vegas one way ticket no address $5 million luxury motor home with four real flight attendants to read me story books before sleep every night 😍

PrisonerSix

It rolled again! Need to buy 5 tickets now!

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