What is the largest Jackpot ever?

Reply #7

dvdiva — Sat, 18 Feb 2006 19:46:12 GMT

I think you are talking about El Gordo. El Gordo has a bigger prize but is divided in such a way that a town wins not one person. There is no equvalent anywhere else and it's not a jackpot game like Powerball, Megamillions, etc.

Powerball got generous and gave 48.5% toward the jackpot so a record pot would be equal to Euromillions at 451 million. It would take 4 rollovers to get to 465 which would top the prize.

Megamillions usually drops down to 58% for large prizes so a Euromillions priz... [ More ]

Reply #6

DoctorEw220 — Fri, 17 Feb 2006 22:51:22 GMT

If the cash value of the Powerball jackpot were $219 million, then the annuity calue would be around $500 million.

Reply #5

Just6ntlc — Fri, 17 Feb 2006 22:30:06 GMT

If EuroMillions cash value hit 219 million at one time as biggest prize ever, how big must PB's Jackpot need to be if cash value hit 219 million? Well, PB has hit a new North American jackpot annunity record, but not cash record for North America. Mega Millions currently holds that distinction.

Reply #4

fxsterling — Fri, 17 Feb 2006 17:52:40 GMT

EL Grando

Reply #3

dvdiva — Fri, 17 Feb 2006 17:41:01 GMT

Factoring in inflation on Powerball's back loaded annuity and the very high likelyhood of increasing tax rates it would still be Euromillions assuming anyone would be foolish enough to go for the annuity. Anyone taking the annuity stands a good chance of not living through the full 30 year period and the IRS would force a sale of the annuity anyways.

I plan on spending the money while I'm alive since the only thing I can do after death is vote in Seattle. So for me it's what you actually get... [ More ]

Reply #2

ryanm — Fri, 17 Feb 2006 17:28:15 GMT

If you're talking about cash value, then yes, Euromillions currently holds the record.

Reply #1

dvdiva — Fri, 17 Feb 2006 17:20:03 GMT

The recent Euromillions was the biggest prize ever offered. It had three winning tickets.

Jackpot was 219 million, tax free.

What is the largest Jackpot ever?

xmsr3 — Fri, 17 Feb 2006 04:14:28 GMT

This PB is the largest North American jackpot, but what is the largest in history, (please, no snide stories about some bet King Louis placed and lost or won what is today worth $1billion).