Skip to content

What are the biggest prizes that may be won in Mega Millions?

  • by
What are the biggest prizes that may be won in Mega Millions

The most recent Mega Millions jackpot to be won, which was valued $1.33 billion and took place in Chicago in July of 2022, was worth more than $1 billion. The Mega Millions record jackpot was won on October 23, 2018, in South Carolina. It was for a staggering $1.54 billion, making it the highest reward ever won by a single player with a single ticket.

How much money is up for grabs in the Mega Millions game?

Participants in the Mega Millions lottery pay a minimum of two dollars for each ticket, and even if they do not match all six numbers, they have the opportunity to walk away with a sizeable sum of money. The following is a comprehensive list of the ways to win as well as the probabilities of doing so…

The odds of winning the jackpot with five balls and the Mega Ball are one in 302,575,350.
Five balls will win you $1,000,000, with a chance of 1 in 12,607,306
The odds of winning $10,000 with four balls and the Mega Ball are 1 in 931,001.
Four balls will win you $500 and 1 in 38,792 chances.
The odds of winning $200 with three balls and the Mega Ball are 1 in 14,547.
$10 for three balls, 1 in 606 odds
The price of entry is ten dollars, and the odds of winning are one in 693.
One ball and the Mega Ball will cost you $4, and the odds are 1 in 89.
The Mega Ball costs $2 and the odds are 1 in 37.

JUST A JACKPOT

One Mega Millions ticket purchased in South Carolina on October 23, 2018 was the winning ticket for the game’s record-breaking jackpot of $1.537 billion. This award, the greatest for one set of numbers in the history of the world, was the second largest lottery payment, behind the $1.586 billion jackpot that was won by several tickets in the Powerball lottery on January 13, 2016. The record-breaking Mega Millions jackpot was won on March 5, 2019, however, the winner has chosen to remain anonymous in accordance with the laws of the state of South Carolina.

The Mega Millions jackpot was won on July 29, 2022, and the winning ticket was purchased in Illinois. The prize was worth $1.34 billion, making it the second-largest jackpot in the game’s history.

The drawing for the third-largest Mega Millions jackpot, which was touted at the time of the drawing as having an annuitized value of $640 million or a cash value of $462 million, took place on March 30, 2012. After the drawing on March 27, which was worth $363 million in an annuity, the initial estimate for that drawing was $476 million. It was later increased to $500 million and then again to $540 million; brisk sales of tickets pushed the jackpot values, both annuitized (to $656 million) and the cash option (to $474 million), higher. After the last jackpot was won on January 24, 2012, at least $1.5 billion was spent on Mega Millions of drawings in the United States. There were three winning tickets for the jackpot that were identified (Illinois, Kansas, and Maryland).

The drawing held on December 17, 2013, yielded the fourth-biggest prize in the history of Mega Millions, which was $648 million (the second largest won). There were two winning tickets sold, one from the state of California and one from the state of Georgia. The owner of the Georgia ticket presented their claim the following morning. They chose the cash option, which resulted in a payout of $173,819,742.50 before taxes and other deductions were taken out. On January 3, 2014, the claim was submitted by the owner of the California ticket. (The person who bought the lottery ticket in California got an equal part, but they may have been eligible for a bigger cash option amount because lottery wins in California are not subject to state income tax.)

The drawing that took place on July 24, 2018, resulted in the fifth-largest jackpot (pending the larger one on offer the following October). The winning ticket was held by 11 coworkers at a Wells Fargo office in San Jose. The annuity value was $543 million, but the winners decided to divide the cash lump amount of $320 million instead.

The drawing held on July 8, 2016, produced the sixth-largest prize in the history of Mega Millions, which was $540 million. The prize was won by one ticket from Indiana, and the winner decided to take the cash option.

The drawing held on March 30, 2018, produced the seventh-largest prize in the history of Mega Millions, which was $533 million. The prize was won by a single ticket from the state of New Jersey; the Riverdale Lukoil South Gas Station was the retailer of the winning ticket.

The jackpot for the Mega Millions game on January 8, 2018, was worth $451 million, making it the game’s eighth-largest ever. Shane Missler, who hails from Port Richey, Florida, was declared the winner.

The drawing held on March 6, 2007 has the ninth-largest jackpot annuity value of any Mega Millions drawing, which was $390 million. Each of the two winning tickets was worth $195 million (in annuity value), and they came from Georgia and New Jersey respectively. The purchasers of each ticket additionally selected the cash payment option.

VIEW AS PDF :

CHECK FOR MORE ARTICLES

HOMEhttps://megamillionsclub.com/
What are the biggest prizes that may be won in Mega Millions?https://megamillionsclub.com/what-are-the-biggest-prizes-that-may-be-won-in-mega-millions/

Leave a Reply

Your email address will not be published. Required fields are marked *