Lottery jackpot records

Last updated

This is a list of the largest jackpots, or prizes, awarded in various lotteries.

Contents

United States

All lottery winnings are subject to Federal taxation (automatically reported to the Internal Revenue Service if the win is at least $600); many smaller jurisdictions also levy taxes. The IRS requires a minimum withholding of 24% of the prize (minus the wager) of any gambling win in excess of $5,000. However, the net for a major prize often is misleading; winners often owe the IRS upon filing a return because the Federal withholding was below the winner's tax obligations. Nonresident U.S. lottery winners have 30% of winnings of at least $600 withheld. [1]

While the largest lottery prizes in the early history of U.S. state lotteries were "annuity-only," these lotteries gradually introduced a "cash option" for these games. All prizes listed below are reported as the pre-withholdings amount, as this is taxable income the player must report on their returns to be subject to taxation. Jackpots and jackpot shares listed below are annuity amounts (and the cash value). The annuities for both the Mega Millions and the Powerball are paid out in 30 annual installments, increasing 5 percent yearly. [2] [3]

Over time, the size of Mega Millions and Powerball jackpots has generally increased because of higher ticket prices, the larger number of states participating (especially after cross-selling was allowed), and the reduced odds of winning. [4]

List of U.S. lottery drawings of $400 million or more (annuity value): [5] [6]

RankJackpotCash valueTicketsPer ticketGameDateLocationNotes
1$2.04b$997.6m1$997.6m Powerball Nov 7, 2022 CA Largest jackpot for a single ticket; largest cash value for a single ticket. [7]

Due to technical difficulties, the November 7, 2022, draw did not take place until the morning of November 8. [8]

2$1.765b$774.1m1$774.1mPowerballOct 11, 2023 CA [9]
3$1.602b$794.2m1$794.2m Mega Millions Aug 8, 2023 FL [10]
4$1.5864b$983.5m3$327.8mPowerballJan 13, 2016CA, FL, TN First lottery jackpot over $1 billion. [11]
5$1.537b$877.8m1$877.8mMega MillionsOct 23, 2018 SC [12]
6$1.350b$724.6m1$724.6mMega MillionsJan 13, 2023 ME [13]
7$1.337b$780.5m1$780.5mMega MillionsJul 29, 2022 IL [14] [15]
8$1.326b$621m1$621mPowerballApr 7, 2024 OR Due to technical difficulties, the April 6, 2024, draw did not take place until the morning of April 7. [16]
9$1.130b$537.5m1$537.5mMega MillionsMar 26, 2024 NJ [17]
10$1.080b$558.1m1$558.1mPowerballJul 19, 2023 CA [18]
11$1.050b$776.6m1$776.6mMega MillionsJan 22, 2021 MI [19]
12$842.4m$425.2m1$425.2mPowerballJan 1, 2024 ME [20]
13$768.4m$477m1$477mPowerballMar 27, 2019 WI [21] [22]
14$758.7m$480.5m1$480.5mPowerballAug 23, 2017 MA [23]
15$754.6m$407.2m1$407.2mPowerballFeb 6, 2023 WA [24]
16$731.1m$546.8m1$546.8mPowerballJan 20, 2021 MD [25]
17$699.8m$496m1$496mPowerballOct 4, 2021 CA First Powerball jackpot won in a Monday drawing. [26]
18$687.8m$396.2m2$198.1mPowerballOct 27, 2018 IA, NY [27]
19$656m$474m3$158mMega MillionsMar 30, 2012IL, KS, MD [28]
20$648m$347.6m2$173.8mMega MillionsDec 17, 2013CA, GA [29]
21$632.6m$450.2m2$225.1mPowerballJan 5, 2022CA, WI [30]
22$590.5m$370.9m1$370.9mPowerballMay 18, 2013FL [31]
23$587.5m$384.7m2$192.4mPowerballNov 28, 2012 AZ, MO [32]
24$564.1m$381.1m3$127.0mPowerballFeb 11, 2015 NC, PR, TX [33]
25$560m$264.4m1$264.4mMega MillionsJun 4, 2024IL [34]
26$559.7m$352m1$352mPowerballJan 6, 2018 NH Winner successfully sued for right to stay anonymous. [35] [36]
27$543m$320.5m1$320.5mMega MillionsJul 24, 2018CA [37]
28$536m$378.3m1$378.3mMega MillionsJul 8, 2016 IN [38]
29$533m$324.6m1$324.6mMega MillionsMar 30, 2018 NJ [39]
30$530m$345.2m1$345.2mMega MillionsJun 7, 2019CA [40]
31$516m$349.3m1$349.3mMega MillionsMay 21, 2021 PA [41]
32$502m$252m2$126mMega MillionsOct 14, 2022CA, FL [42]
33$487m$341.7m1$341.7mPowerballJul 30, 2016NH [43]
34$483m$256.9m1$256.9mMega MillionsApr 14, 2023NY [44]
35$473.1m$283.3m1$283.3mPowerballApr 27, 2022AZ [45]
36$456.7m$269.4m1$269.4mPowerballMar 17, 2018PA [46]
37$451m$281.9m1$281.9mMega MillionsJan 5, 2018FL [47]
38$448.4m$258.2m3$86.1mPowerballAug 7, 2013 MN; NJ (2) [48]
39$447.8m$279.1m1$279.1mPowerballJun 10, 2017CA [49]
40$437m$261.8m1$261.8mMega MillionsJan 1, 2019NY [50]
41$435.3m$263.4m1$263.4mPowerballFeb 22, 2017IN [51]
42$431m$314.4m1$314.4mMega MillionsSep 21, 2021NY [52]
43$429.6m$284.1m1$284.1mPowerballMay 7, 2016NJ [53]
44$426m$293m1$293mMega MillionsJan 28, 2022CA [54]
45$425.3m$242.2m1$242.2mPowerballFeb 19, 2014CA [55]
46$420.9m$254.6m1$254.6mPowerballNov 26, 2016TN [56]
47$414m$230.9m2$115.4mMega MillionsMar 18, 2014FL, MD [57]
48$414m$319.9m1$319.9mMega MillionsJun 9, 2020AZ [58]

Europe

Unlike in the United States, where lottery wins are taxed, European jackpots are generally tax-free (the lotteries themselves are taxed in other ways) and jackpots are paid in a lump sum. For example, in the United Kingdom's National Lottery, wagers are split between the game operator Camelot Group and the government, with Camelot distributing its share among prizes, operating costs, profit, [59] Camelot's "good causes" programme, with the remainder going to the government as tax. [60]

Examples of largest jackpots in specific European lotteries
Jackpot
(local currency)
LotteryCountryTicketsDateNotes
371.1m SuperEnalotto Flag of Italy.svg  Italy One winning ticket split between 90 players [61] 16 February 2023Europe's largest jackpot, €296.9m tax paid
€230.0m EuroMillions Flag of the United Kingdom.svg  United Kingdom 1 [62] 19 July 2022record in pound £195.7m
€209.1mSuperEnalottoFlag of Italy.svg  Italy 1 [63] 13 August 2019
€183.6mEuroMillionsFlag of France.svg  France  ×2,
Flag of Portugal.svg  Portugal  ×1
33 February 2006
€177.7mSuperEnalottoFlag of Italy.svg  Italy 130 October 2010Shared by 70 players[ citation needed ]
€163.5mSuperEnalottoFlag of Italy.svg  Italy 1 [64] 27 October 2016
€147.8mSuperEnalottoFlag of Italy.svg  Italy 122 August 2009Sold in Bagnone, Tuscany [ citation needed ]
€129.8mEuroMillionsFlag of the United Kingdom.svg  United Kingdom 18 October 2010
€129.6mEuroMillionsFlag of the United Kingdom.svg  United Kingdom,
Flag of Spain.svg  Spain
2 [65] 12 February 2010UK ticket won by Nigel Page and Justine Laycock of Cirencester; SP ticket was never claimed [66]
€126.2mEuroMillionsFlag of Spain.svg  Spain 18 May 2009Won by an anonymous 25-year-old woman from Mallorca [ citation needed ]
€115.4mEuroMillionsFlag of Ireland.svg  Ireland 129 July 2005Won by Dolores McNamara; [67] largest single jackpot win of Ireland
€102.2mEuroMillionsFlag of the United Kingdom.svg  United Kingdom 2 [68] 6 November 2009Won by Les Scadding and a syndicate of 7 call center workers [66]
€100.0mEuroMillionsFlag of Belgium (civil).svg  Belgium 1 [69] 9 February 2007Largest single jackpot win of Belgium is 168m
€100.0mEuroMillionsFlag of France.svg  France 118 September 2009Sold in Venelles [ citation needed ]; shared by a syndicate of 15 players[ citation needed ]; largest single jackpot win of France is 220m
€100.0mEuroMillionsFlag of the United Kingdom.svg  United Kingdom 1 [70] 14 May 2010
£42mNational LotteryFlag of the United Kingdom.svg  United Kingdom 36 January 1996
€38.4mState LotteryFlag of the Netherlands.svg  Netherlands 110 May 2013Tax-free lump sum[ citation needed ] [71]
€37.7mNational LotteryFlag of Germany.svg  Germany 17 October 2006Won by a nurse[ citation needed ]; largest single jackpot win of Germany is €48.6m

Spain

The Spanish Christmas Lottery is considered to be the world's largest lottery. [79] The 2011 top prize of €720 million[ citation needed ] was paid out as €4 million [80] (US$5.2 million) to each of the 180 tickets.[ citation needed ] In 2012, the first prize was €720 million (then US$941.8 million; $1.215 billion in 2022 dollars),[ citation needed ] out of a total prize pool of €2.52 billion (US$3.297 billion; $4.255 billion in 2022 dollars).[ citation needed ] In 2016, the total prize pool was €2.310 billion ($2.414 billion). [81] In 2020, the total prize pool was €2.38 billion ($2.897 billion).[ citation needed ]

Other

Prize
(local currency)
LotteryCountryTicketsDateNotes
¥570mWelfare Lottery (Union Lotto)Flag of the People's Republic of China.svg  China 112 June 2012Sold in Beijing [ citation needed ]; Asia's largest prize (€79.3m, US$87.3m)
R$541.9m Mega-Sena Flag of Brazil.svg  Brazil 531 December 2022Five winners: Sold in Florestal (MG), Arroio do Sal (RS), Santos (SP), São José da Bela Vista (SP) and one ticket online. (R$108.3 million each).
A$200M PowerBall Flag of Australia (converted).svg  Australia 2 [82] 1 February 2024Australia's largest jackpot shared by 2 winners
A$107.6M PowerBall Flag of Australia (converted).svg  Australia 1 [82] 17 January 2019Australia's largest prize winner
$40.7b6/45 LottoFlag of South Korea.svg  South Korea 1April 2003Won by a police officer in Chuncheon; [83] South Korea's largest prize
1.18b Ultra Lotto 6/58 Flag of the Philippines.svg  Philippines 214 October 2018The Philippines' largest prize as of 2020 (US$21.9m) [84]
₱741m Grand Lotto 6/55 Flag of the Philippines.svg  Philippines 129 November 2010(US$14.5m) [85] [86] [87]

Related Research Articles

<span class="mw-page-title-main">Lottery</span> Gambling that involves the drawing of numbers at random for a prize

A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. The most common regulations are prohibition of sale to minors and licensing of ticket vendors. Although lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s, casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes.

<span class="mw-page-title-main">Mega Millions</span> American multi-jurisdictional lottery game

Mega Millions is an American multijurisdictional lottery game. The first drawing took place on September 6, 1996, with six participating states, Georgia, Illinois, Maryland, Michigan, Massachusetts, and Virginia. After growth of the game in 1997, a Tuesday Drawing was added in February 1998. As of June 30, 2023, it is offered in 45 states, the District of Columbia, and the U.S. Virgin Islands. The first Mega Millions drawing was in 2002. What is now Mega Millions initially was offered in six states, the logo for all versions of the game following the retirement of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership, although some lotteries insert their respective logos in the ball.

Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and overseen by the Multi-State Lottery Association (MUSL), which also manages other large jackpot games such as the Mega Millions. Drawings are held three times weekly on Mondays, Wednesdays, and Saturdays at 10:59 p.m. Eastern Time, at the Florida Lottery's headquarters in Tallahassee.

<span class="mw-page-title-main">Georgia Lottery</span>

The Georgia Lottery Corporation, known as the Georgia Lottery, is overseen by the government of Georgia, United States. Headquartered in Atlanta, the lottery takes in over US$1 billion yearly. By law, half of the money goes to prizes, one-third to education, and the remainder to operating and marketing the lottery. The education money funds the HOPE Scholarship, and has become a successful model for other lotteries, including the South Carolina Education Lottery.

<span class="mw-page-title-main">Florida Lottery</span> Lottery of the U.S. state of Florida

The Florida Lottery is the government-operated lottery of the U.S. state of Florida. As of 2022, the lottery offers eleven terminal-generated games: Cash4Life, Mega Millions, Powerball, Florida Lotto, Pick 2, Pick 3, Pick 4, Pick 5, Fantasy 5, Cash Pop, and Jackpot Triple Play. A player must be 18 or older to play.

<span class="mw-page-title-main">Pennsylvania Lottery</span> Lottery operated by the Commonwealth of Pennsylvania

The Pennsylvania Lottery is a lottery operated by the Commonwealth of Pennsylvania. It was created by the Pennsylvania General Assembly on August 26, 1971; two months later, Henry Kaplan was appointed as its first executive director. The Pennsylvania Lottery sold its first tickets on March 7, 1972 and drew its first numbers on March 15, 1972.

<span class="mw-page-title-main">California State Lottery</span> U.S. state lottery system

The California State Lottery began in October 1985 after voters authorized it in Proposition 37, the California State Lottery Act of 1984. It offers a range of games including number draws, scratchcards and a mock horse race. The earnings provide supplementary funding for public education.

<span class="mw-page-title-main">New York Lottery</span> Lottery of the U.S. state of New York

The New York Lottery is the state-operated lottery in the US state of New York that began in 1967. As part of the New York State Gaming Commission, it provides revenue for public education and is based in Schenectady.

The Maine Lottery is run by the government of Maine. It is a member of the Multi-State Lottery Association (MUSL), whose flagship game is Powerball. It was founded in 1974 after being approved through a voter referendum.

The New Mexico Lottery is run by the government of New Mexico. It was established in 1996. It is a member of the Multi-State Lottery Association (MUSL). It offers draw games and scratch off games. As of December 2014, draw games are Powerball, Mega Millions, Monopoly Millionaires' Club, Hot Lotto, Roadrunner Cash, Pick 3, Quicksters, and Lucky Numbers Bingo.

<span class="mw-page-title-main">Connecticut Lottery</span> Official lottery in Connecticut, US

The Connecticut Lottery Corporation, also called the CT Lottery, is the official lottery in Connecticut. It was created in 1971 by then-Gov. Thomas Meskill, who signed Public Act No. 865. The first tickets were sold on February 15, 1972. The Connecticut Lottery offers several in-house drawing games; Connecticut also participates in Mega Millions and Powerball; each are played in 44 states, the District of Columbia, and the U.S. Virgin Islands.

<span class="mw-page-title-main">Texas Lottery</span> Official lottery system of the U.S. state of Texas

The Texas Lottery is the government-operated lottery available throughout Texas. It is operated by the Texas Lottery Commission, headquartered in downtown Austin, Texas.

The New Jersey Lottery is run by the U.S. state of New Jersey. Its In-house draw games are Pick-3, Pick-4, Jersey Cash 5, Pick-6, Quick Draw, and Cash Pop. Its multi-jurisdictional draw games are Cash4Life, Mega Millions, and Powerball. The Lottery also sells Fast Play and scratch-off tickets. The New Jersey Lottery is headquartered at One Lawrence Park Complex in Lawrence Township, Mercer County.

The Louisiana Lottery Corporation (LLC) is a government-run lottery that is used to generate revenue without increasing taxes. The proceeds of the Lottery go to the Minimum Foundation Program that funds public education in Louisiana. The daily activities involved with running the cooperation are handled by the president of the Louisiana Lottery Cooperation. The president is under the supervision of the Lottery's nine-member governing board of directors.

The Michigan Lottery was initiated under the authority of Public Act 239 in 1972, and collects funds to support Michigan’s public school system.

The Missouri Lottery is the state-run lottery in Missouri. It is a charter member of the Multi-State Lottery Association (MUSL). As of 2022, the lottery offers Powerball, Mega Millions, Cash4Life, Lotto, Show Me Cash, Pick 4, Pick 3, Cash Pop, Club Keno, scratchers, and pull-tabs. The minimum age to buy a ticket is 18.

<span class="mw-page-title-main">Ohio Lottery</span> Lottery run by the state of Ohio

The Ohio Lottery is a state lottery run by the Ohio Lottery Commission. Its games consist of scratch tickets; Pick 3, Pick 4, Pick 5 ; Rolling Cash 5, Classic Lotto, Keno, Lucky for Life, Mega Millions, and Powerball.

<span class="mw-page-title-main">Illinois State Lottery</span> American lottery

The Illinois State Lottery is an American lottery for the U.S. state of Illinois, operated by Allwyn Illinois.

<span class="mw-page-title-main">Colorado Lottery</span> U.S. state lottery

The Colorado Lottery is run by the state government of Colorado. It is a member of the Multi-State Lottery Association(MUSL).

The Virginia Lottery is an independent agency of the Commonwealth of Virginia. It was created in 1987 when Virginians voted in a statewide referendum in favor of a state lottery. The first ticket was sold on September 20, 1988. All profits from Virginia Lottery ticket sales go to K-12 public education, as required by Virginia's constitution. In Fiscal Year 2023, the Lottery's profits totaled more than $867.4 million, accounting for approximately 10 percent of school funding in Virginia. That brought total Lottery profits in Virginia to more than $15.5 billion.

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