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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 ...
Now let's rank the $842.2 million Powerball among the top Mega Millions and Powerball jackpots in U.S. history. $2.04 billion Powerball – Nov. 7, 2022 $1.765 billion Powerball – Oct. 11, 2023
The largest jackpot — $1.586 billion on Powerball — was split three ways on Jan 13, 2016. Each worth almost $530 million. Who are the top 10 winners of Powerball and Mega Millions?
The sixth-largest Mega Millions jackpot worth $1.13 billion was won following the March 26, 2024, drawing, in which one winning ticket was sold in New Jersey. The seventh-largest Mega Millions jackpot advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012.
While Mega Millions and Powerball each have similar jackpot odds despite having a different double matrix (Mega Millions is 5/70 + 1/25), since Powerball is $2 per play, it now takes $584,402,676 (not counting Power Play side bets) on average to produce a jackpot-winning ticket.
Remember, to play Mega Millions you'll pick 6 total numbers. First, choose five numbers from 1 to 70 (those are the white balls) and then a Mega Millions number (this is the gold ball) from 1 to 25.
Here's a look at the top jackpots won in the United States, between the Powerball and the Mega Millions lotteries: $2.04 billion, Powerball , Nov. 7, 2022: Won in California $1.765 billion ...
The $1 billion jackpot would have been the seventh largest Mega Millions prize ever won. ... Two winning Powerball jackpots top them all: an estimated $2.04 billion in California in November 2022 ...