This is a list of the largest jackpots, or prizes, awarded in various lotteries.
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]
Rank | Jackpot | Cash value | Tickets | Per ticket | Game | Date | Location | Notes |
---|---|---|---|---|---|---|---|---|
1 | $2.04b | $997.6m | 1 | $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 | $774.1m | 1 | $774.1m | Powerball | Oct 11, 2023 | CA | [9] |
3 | $1.602b | $794.2m | 1 | $794.2m | Mega Millions | Aug 8, 2023 | FL | [10] |
4 | $1.5864b | $983.5m | 3 | $327.8m | Powerball | Jan 13, 2016 | CA, FL, TN | First lottery jackpot over $1 billion. [11] |
5 | $1.537b | $877.8m | 1 | $877.8m | Mega Millions | Oct 23, 2018 | SC | [12] |
6 | $1.350b | $724.6m | 1 | $724.6m | Mega Millions | Jan 13, 2023 | ME | [13] |
7 | $1.337b | $780.5m | 1 | $780.5m | Mega Millions | Jul 29, 2022 | IL | [14] [15] |
8 | $1.326b | $621m | 1 | $621m | Powerball | Apr 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 | $537.5m | 1 | $537.5m | Mega Millions | Mar 26, 2024 | NJ | [17] |
10 | $1.080b | $558.1m | 1 | $558.1m | Powerball | Jul 19, 2023 | CA | [18] |
11 | $1.050b | $776.6m | 1 | $776.6m | Mega Millions | Jan 22, 2021 | MI | [19] |
12 | $842.4m | $425.2m | 1 | $425.2m | Powerball | Jan 1, 2024 | ME | [20] |
13 | $810m | $409.3m | 1 | $409.3m | Mega Millions | Sep 10, 2024 | TX | [21] |
14 | $768.4m | $477m | 1 | $477m | Powerball | Mar 27, 2019 | WI | [22] [23] |
15 | $758.7m | $480.5m | 1 | $480.5m | Powerball | Aug 23, 2017 | MA | [24] |
16 | $754.6m | $407.2m | 1 | $407.2m | Powerball | Feb 6, 2023 | WA | [25] |
17 | $731.1m | $546.8m | 1 | $546.8m | Powerball | Jan 20, 2021 | MD | [26] |
18 | $699.8m | $496m | 1 | $496m | Powerball | Oct 4, 2021 | CA | First Powerball jackpot won in a Monday drawing. [27] |
19 | $687.8m | $396.2m | 2 | $198.1m | Powerball | Oct 27, 2018 | IA, NY | [28] |
20 | $656m | $474m | 3 | $158m | Mega Millions | Mar 30, 2012 | IL, KS, MD | [29] |
21 | $648m | $347.6m | 2 | $173.8m | Mega Millions | Dec 17, 2013 | CA, GA | [30] |
22 | $632.6m | $450.2m | 2 | $225.1m | Powerball | Jan 5, 2022 | CA, WI | [31] |
23 | $590.5m | $370.9m | 1 | $370.9m | Powerball | May 18, 2013 | FL | [32] |
24 | $587.5m | $384.7m | 2 | $192.4m | Powerball | Nov 28, 2012 | AZ, MO | [33] |
25 | $564.1m | $381.1m | 3 | $127.0m | Powerball | Feb 11, 2015 | NC, PR, TX | [34] |
26 | $560m | $264.4m | 1 | $264.4m | Mega Millions | Jun 4, 2024 | IL | [35] |
27 | $559.7m | $352m | 1 | $352m | Powerball | Jan 6, 2018 | NH | Winner successfully sued for right to stay anonymous. [36] [37] |
28 | $543m | $320.5m | 1 | $320.5m | Mega Millions | Jul 24, 2018 | CA | [38] |
29 | $536m | $378.3m | 1 | $378.3m | Mega Millions | Jul 8, 2016 | IN | [39] |
30 | $533m | $324.6m | 1 | $324.6m | Mega Millions | Mar 30, 2018 | NJ | [40] |
31 | $530m | $345.2m | 1 | $345.2m | Mega Millions | Jun 7, 2019 | CA | [41] |
32 | $516m | $349.3m | 1 | $349.3m | Mega Millions | May 21, 2021 | PA | [42] |
33 | $502m | $252m | 2 | $126m | Mega Millions | Oct 14, 2022 | CA, FL | [43] |
34 | $487m | $341.7m | 1 | $341.7m | Powerball | Jul 30, 2016 | NH | [44] |
35 | $483m | $256.9m | 1 | $256.9m | Mega Millions | Apr 14, 2023 | NY | [45] |
36 | $478m | $230.5m | 1 | $230.5m | Powerball | Oct 23, 2024 | GA | [46] |
37 | $473.1m | $283.3m | 1 | $283.3m | Powerball | Apr 27, 2022 | AZ | [47] |
38 | $456.7m | $269.4m | 1 | $269.4m | Powerball | Mar 17, 2018 | PA | [48] |
39 | $451m | $281.9m | 1 | $281.9m | Mega Millions | Jan 5, 2018 | FL | [49] |
40 | $448.4m | $258.2m | 3 | $86.1m | Powerball | Aug 7, 2013 | MN; NJ (2) | [50] |
41 | $447.8m | $279.1m | 1 | $279.1m | Powerball | Jun 10, 2017 | CA | [51] |
42 | $437m | $261.8m | 1 | $261.8m | Mega Millions | Jan 1, 2019 | NY | [52] |
43 | $435.3m | $263.4m | 1 | $263.4m | Powerball | Feb 22, 2017 | IN | [53] |
44 | $431m | $314.4m | 1 | $314.4m | Mega Millions | Sep 21, 2021 | NY | [54] |
45 | $429.6m | $284.1m | 1 | $284.1m | Powerball | May 7, 2016 | NJ | [55] |
46 | $426m | $293m | 1 | $293m | Mega Millions | Jan 28, 2022 | CA | [56] |
47 | $425.3m | $242.2m | 1 | $242.2m | Powerball | Feb 19, 2014 | CA | [57] |
48 | $420.9m | $254.6m | 1 | $254.6m | Powerball | Nov 26, 2016 | TN | [58] |
49 | $414m | $230.9m | 2 | $115.4m | Mega Millions | Mar 18, 2014 | FL, MD | [59] |
50 | $414m | $319.9m | 1 | $319.9m | Mega Millions | Jun 9, 2020 | AZ | [60] |
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, [61] Camelot's "good causes" programme, with the remainder going to the government as tax. [62]
Jackpot (local currency) | Lottery | Country | Tickets | Date | Notes |
---|---|---|---|---|---|
€371.1m | SuperEnalotto | Italy | One winning ticket split between 90 players [63] | 16 February 2023 | Europe's largest jackpot, €296.9m tax paid |
€230.0m | EuroMillions | United Kingdom | 1 [64] | 19 July 2022 | record in pound £195.7m |
€209.1m | SuperEnalotto | Italy | 1 [65] | 13 August 2019 | |
€183.6m | EuroMillions | France ×2, Portugal ×1 | 3 | 3 February 2006 | |
€177.7m | SuperEnalotto | Italy | 1 | 30 October 2010 | Shared by 70 players[ citation needed ] |
€163.5m | SuperEnalotto | Italy | 1 [66] | 27 October 2016 | |
€147.8m | SuperEnalotto | Italy | 1 | 22 August 2009 | Sold in Bagnone, Tuscany [ citation needed ] |
€129.8m | EuroMillions | United Kingdom | 1 | 8 October 2010 | |
€129.6m | EuroMillions | United Kingdom, Spain | 2 [67] | 12 February 2010 | UK ticket won by Nigel Page and Justine Laycock of Cirencester; SP ticket was never claimed [68] |
€126.2m | EuroMillions | Spain | 1 | 8 May 2009 | Won by an anonymous 25-year-old single mother from Mallorca [69] |
€115.4m | EuroMillions | Ireland | 1 | 29 July 2005 | Won by Dolores McNamara; [73] largest single jackpot win of Ireland |
€102.2m | EuroMillions | United Kingdom | 2 [74] | 6 November 2009 | Won by Les Scadding and a syndicate of 7 call center workers [68] |
€100.0m | EuroMillions | Belgium | 1 [75] | 9 February 2007 | Largest single jackpot win of Belgium is 168m |
€100.0m | EuroMillions | France | 1 | 18 September 2009 | Sold in Venelles [ citation needed ]; shared by a syndicate of 15 players[ citation needed ]; largest single jackpot win of France is 220m |
€100.0m | EuroMillions | United Kingdom | 1 [76] | 14 May 2010 | |
£42m | National Lottery | United Kingdom | 3 | 6 January 1996 | |
€38.4m | State Lottery | Netherlands | 1 | 10 May 2013 | Tax-free lump sum[ citation needed ] [77] |
€37.7m | National Lottery | Germany | 1 | 7 October 2006 | Won by a nurse[ citation needed ]; largest single jackpot win of Germany is €48.6m |
The Spanish Christmas Lottery is considered to be the world's largest lottery. [85] The 2011 top prize of €720 million[ citation needed ] was paid out as €4 million [86] (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). [87] In 2020, the total prize pool was €2.38 billion ($2.897 billion).[ citation needed ]
Prize (local currency) | Lottery | Country | Tickets | Date | Notes |
---|---|---|---|---|---|
¥570m | Welfare Lottery (Union Lotto) | China | 1 | 12 June 2012 | Sold in Beijing [ citation needed ]; Asia's largest prize (€79.3m, US$87.3m) |
R$541.9m | Mega-Sena | Brazil | 5 | 31 December 2022 | Five 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 | Australia | 2 [88] | 1 February 2024 | Australia's largest jackpot shared by 2 winners |
A$107.6M | PowerBall | Australia | 1 [88] | 17 January 2019 | Australia's largest prize winner |
₩$40.7b | 6/45 Lotto | South Korea | 1 | April 2003 | Won by a police officer in Chuncheon; [89] South Korea's largest prize |
₱1.18b | Ultra Lotto 6/58 | Philippines | 2 | 14 October 2018 | The Philippines' largest prize as of 2020 (US$21.9m) [90] |
₱741m | Grand Lotto 6/55 | Philippines | 1 | 29 November 2010 | (US$14.5m) [91] [92] [93] |
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. 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.
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.
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. participants must be 18 or older to play.
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.
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.
Lotteries in Australia include various lottery related products licensed by The Lottery Corporation, The Lottery Office and Lotterywest Australian lottery companies. Lotteries operators are licensed at a state or territory level, and include both state government-owned, not-for-profit and private sector companies. Most major Lotteries have now moved into the online marketplace.
The Iowa Lottery Authority is run by the state of Iowa. It is a member of the Multi-State Lottery Association (MUSL), which administers games on behalf of the member lotteries. The Iowa Lottery portfolio includes Powerball, Mega Millions, Lotto America, Lucky for Life, Pick 3, Pick 4, plus numerous instant scratch ticket, InstaPlay and pull-tab games.
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.
The Idaho Lottery began play on July 19, 1989, and is run by the government of the state of Idaho. It is a member of the Multi-State Lottery Association (MUSL). Fifty percent of all net funds is given to public schools, while the remainder is pledged to the Permanent Building Fund, which is used as a financial resource for the state's colleges and universities.
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.
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 Nebraska Lottery is run by the government of Nebraska. It was established by the state legislature in 1993. It is a member of the Multi-State Lottery Association (MUSL). Its games include Mega Millions, Powerball, 2by2, Nebraska Pick 5, Pick 3, and MyDaY. The minimum age to purchase Nebraska Lottery tickets is 19. Elsewhere in the United States, the minimum age to buy lottery tickets is either 18 or 21.
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.
The Illinois State Lottery is an American lottery for the U.S. state of Illinois, operated by Allwyn Illinois.
The Colorado Lottery is run by the state government of Colorado. It is a member of the Multi-State Lottery Association(MUSL).