Lottery jackpot records

This is a collection of notable lottery jackpot records in the United States and Europe, listing the largest prizes/jackpots awarded in various drawings.

Spain's Sorteo Extraordinario de Navidad (Spanish Christmas Lottery) is generally considered to be the world's largest lottery game, with the largest first prize/jackpot. In 2012, the first prize was €720 million (then US$941.8 million). The total prize pool in 2012 was €2.52 billion (US$3.297 billion). The tickets for this drawing have pre-printed five-digit numbers, with each set of numbers sold multiple times in series. For example, a ticket with the number "00001" was printed 180 times under different series numbers. This results in the top prize being split by multiple winners. The 2011 top prize of €720 million was paid out as €4 million (US$5.2 million) to each of the 180 tickets with the number 58268.[1] In 2016, the total prize pool was $2.310 billion (US$2.414 billion)[2][3]

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 25% 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[4] have 30% of winnings of at least $600 withheld.

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.)

For various reasons, an annuitized jackpot can have a higher cash value than a larger annuity with a lower cash value. Examples include the annuity structure of various games: while Mega Millions' and Powerball's annuity option each are 30 annual payments, Mega Millions' annuity payments increase 5 percent yearly, while Powerball increases 4 percent yearly; this makes the Mega Millions' annuity structure somewhat more "inflated".

List of U.S. lottery drawings of $300 million or more (annuity value) with at least one jackpot-winning ticket (dollar amounts in millions):[5][6]

Rank Jackpot Cash value Tickets Per ticket Game Date Where Notes
1 $1,586.4 $983.5 3 $327.8 Powerball Jan. 13, 2016 CA, FL, TN World's largest jackpot
2 $758.7 $480.5 1 $480.5 Powerball Aug. 23, 2017 MA Highest jackpot and cash value for a single ticket.
3 $656 $474 3 $158 Mega Millions Mar. 30, 2012 IL, KS, MD Largest Mega Millions jackpot
4 $648 $347.6 2 $173.8 Mega Millions Dec. 17, 2013 CA, GA
5 $590.5 $370.9 1 $370.9 Powerball May 18, 2013 FL
6 $587.5 $384.7 2 $192.4 Powerball Nov. 28, 2012 AZ, MO
7 $564.1 $381.1 3 $127.0 Powerball Feb. 11, 2015 NC, PR, TX
8 $559.7 $352 1 $352 Powerball Jan. 6, 2018 NH
9 $543 $320.5 1 $320.5 Mega Millions July 24, 2018 CA [7]
10 $536 $378.3 1 $378.3 Mega Millions July 8, 2016 IN
11 $533 $324.6 1 $324.6 Mega Millions Mar. 30, 2018 NJ $220.7MM lump sum after federal and state taxes.[8]
12 $487 $341.7 1 $341.7 Powerball July 30, 2016 NH
13 $456.7 $269.4 1 $269.4 Powerball Mar. 17, 2018 PA [9]
14 $451 $281.9 1 $281.9 MegaMillions Jan. 5, 2018 FL
15 $448.4 $258.2 3 $86.1 Powerball Aug. 7, 2013 MN; NJ (2)
16 $447.8 $279.1 1 $279.1 Powerball Jun. 10, 2017 CA
17 $435.3 $263.4 1 $263.4 Powerball Feb. 22, 2017 IN
18 $429.6 $284.1 1 $284.1 Powerball May 7, 2016 NJ
19 $425.3 $242.2 1 $242.2 Powerball Feb. 19, 2014 CA
20 $420.9 $254.6 1 $254.6 Powerball Nov 26, 2016 TN
21 $414 $230.9 2 $115.4 Mega Millions Mar. 18, 2014 FL, MD
22 $399.4 $223.3 1 $223.3 Powerball Sep. 18, 2013 SC
23 $393 $247 1 $247 Mega Millions Aug. 11, 2017 IL
24 $390 $233.1 2 $116.5 Mega Millions Mar. 6, 2007 GA, NJ
25 $380 $240 2 $120 Mega Millions Jan. 4, 2011 ID, WA
26 $365 $177.3 1 $177.3 Powerball Feb. 18, 2006 NE
27 $363 $180 2 $90 The Big GameMM May 9, 2000 IL, MI Largest Big Game jackpot before it became Mega Millions
28 $340 $164.4 1 $164.4 Powerball Oct. 19, 2005 OR
29 $338.3 $211.0 1 $211.0 Powerball Mar. 23, 2013 NJ
30 $337 $224.7 1 $224.7 Powerball Aug. 15, 2012 MI
31 $336.4 $210.0 1 $210.0 Powerball Feb. 11, 2012 RI
32 $333 $214 2 $107 Mega Millions Aug. 28, 2009 CA, NY
33 $331 $174 3 $58 The Big GameMM Apr. 16, 2002 GA, IL, NJ
34 $330 $194.4 4 $48.6 Mega Millions Aug. 31, 2007 MD,NJ,TX,VA
35 $326 $197.5 1 $197.5 Mega Millions Nov. 4, 2014 NY
36 $319 $202.8 1 $202.8 Mega Millions Mar. 25, 2011 NY
37 $315.3 $183 1 $183 Powerball May 19, 2018 NJ
38 $315 $185[10] 1 $185 Mega Millions Nov. 15, 2005 CA
39 $314.9 $170.5 1 $170.5 Powerball Dec. 25, 2002 WV Won by Jack Whittaker[11]
40 $314.3 $146.0 1 $146.0 Powerball Aug. 25, 2007 IN

Notes:

  • MM. ^ ^ The Big Game became The Big Game Mega Millions and then Mega Millions in 2002.

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,[12] Camelot's 'good causes' programme, with the remainder going to the government as value-added tax (VAT) due.[13]

Examples of largest jackpots in specific European lotteries
  • £161.7 million (EUR185 million/US$260 million) was the largest jackpot and single-ticket jackpot in the pan-European EuroMillions in GBP currency, won on 12 July 2011 in the UK.[14]
  • €190.0 million is the maximum jackpot in the EuroMillions lottery and it's paid out three times: €190 million (£148.7 million/US$234 million) was the largest jackpot and single-ticket jackpot in the pan-European EuroMillions in EUR currency, won on 10 August 2012 in the UK. This happened again on 24 October 2014: €190 million (£149.8 million/US$240.7 million) was won by a single-ticket in Portugal, and on 6 October 2017: €190 million (£170.6 million/US$222.9 million) was won by a single-ticket in Spain.
  • €177.7 million (US$248 million) was the largest single-ticket jackpot in Italy's SuperEnalotto lottery, won on 30 October 2010.
  • €90.0 million is the maximum jackpot in the Eurojackpot lottery and it's paid out five times: €90.0 million (£65.5 million/US$103.0 million) was the largest jackpot and single-ticket jackpot in the pan-European Eurojackpot, won on 15 May 2015 in Czech Republic. This happened again on 14 October 2016: €90 million (£81.0 million/US$98.8 million) was won by a single-ticket in Germany, and on 6 January 2017: €90 million (£77.2 million/US$94.8 million) was split by five tickets. This happened again on 9 February 2018: €90 million (£79.7 million/US$110.2 million) was won by a single-ticket in Finland. On 6 July 2018: €90 million (£79.6 million/US$105.7 million) was split by two tickets, sold in Germany.
  • €45.4 million (US$67 million) was the largest jackpot in Germany's Lotto 6 aus 49, won in December 2007 by three tickets.
  • €37.7 million (US$48 million) was the largest single-ticket jackpot in the German Lotto 6 aus 49, won on 7 October 2006.
  • SEK 238 million (US$38 million) is the largest single ticket jackpot of Svenska Spel Lotto Drömvinsten
  • £66.1 million (US$96 million) was the largest jackpot in the United Kingdom's Lotto, won on 9 January 2016 by two tickets.
  • CHF 48.6 million (US$ 53.2 million) was the largest jackpot in Switzerland's Swiss Lotto, won on 23 August 2014.[15]
  • £35.1 million (US$49.6 million) was the largest winner on the UK Lotto game in April 2016.
  • €38.4 million (US$49.7 million) was the largest jackpot in the Netherlands draw of the Staatsloterij (State Lottery) in May 2013.
  • €30 million (US$31 million) was the largest jackpot in France's SuperLoto, won in May 2006 by two tickets.
  • €24 million (US$35 million) was the largest single-ticket jackpot in the French SuperLotto, won on 6 June 2011.
  • €22,5 million (US$23.9 million) was the biggest lotto win in Hungary was on Eurojackpot (half of the €45 mil.) on 10th February 2017. This 7 billion HUF worth grand prize beat a 5 billion record set up in 2003. [16]
  • SEK 215 million (€22 million, US$30 million) was the largest single-ticket jackpot in Sweden's Lotto of Svenska Spel, won on 27 March 2010.[17]
  • €19 million (US$30 million) was the largest jackpot and largest single-ticket jackpot in Ireland's Lotto, won on 28 June 2008 by a group of sixteen colleagues at a quarry and concrete plant in County Carlow.[18]
  • €12.2 million (US$15.7 million) was the largest jackpot in Finland's Lotto of Veikkaus, won in October 2012 by one ticket.
  • €13 million (US$17.9 million) was the largest jackpot in Belgium's Loterie Nationale/Nationale Loterij, won in December 2013 by one ticket.
  • €4.32 million (US$4.77 million) was the largest jackpot in Russia's Gosloto 6 to 45, won in February 2016 by one 1800-roubles ticket. This is the largest jackpot in Russia.[19]

References

  1. ↑ http://www.elgordo.com/results/elgordo2011_results.asp
  2. ↑ El Gordo is right: Spain has world's largest lottery worth $2.4 billion
  3. ↑ Hundreds of People Just Won Spain’s $2.4 Billion Christmas Lottery
  4. ↑ "Lottery Tax Refund For Non-U.S. Residents".
  5. ↑ "Powerball Winners".
  6. ↑ "Mega Millions Winners".
  7. ↑ http://www.megamillions.com/news-releases/lucky-mega-millions-jackpot-winner-in-california
  8. ↑ http://www.nydailynews.com/news/national/533-million-mega-millions-winner-checked-numbers-15-times-article-1.3932366
  9. ↑ http://pix11.com/2018/03/18/biggest-lottery-jackpots-in-u-s-history/
  10. ↑ "USAmega.com results for 11/15/2005".
  11. ↑ "Press Release". Powerball. 2002-12-26. Archived from the original on 2012-08-25. Retrieved 2012-07-31.
  12. ↑ http://www.civilsociety.co.uk/fundraising/news/content/14225/lotto_price_hike_will_cut_percentage_per_ticket_going_to_charity
  13. ↑ http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageExcise_ShowContent&id=HMCE_CL_000259&propertyType=document#P32_2269
  14. ↑ Scott, Kirsty (July 15, 2011). "EuroMillions jackpot win makes couple richer than Ringo". The Guardian. London.
  15. ↑ "Rekorde | Gewinner". Retrieved 2016-12-12.
  16. ↑ Magyar Eurojackpot telitalálat(in Hungarian)
  17. ↑ Svenska Spel har inte fått tag på storvinnaren Archived 2011-11-16 at the Wayback Machine.
  18. ↑ Gold strike for quarry team - National News, Frontpage - Independent.ie
  19. ↑ Житель Новосибирска выиграл в «Гослото» 358 миллионов - Газета Труд(in Russian)
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