This Is the Largest Lottery Jackpot of All Time

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By Douglas A. McIntyre Published
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This Is the Largest Lottery Jackpot of All Time

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Lotteries are not new in the United States. As many as 392 lotteries were held in America between 1721 and 1783, according to “Lotteries in Colonial America” by Neal Millikan. By the early 19th century, lotteries were used to fund public works, much as they are today.

Today, almost every state runs a lottery, and the prize amounts can be very high. The largest lottery jackpot of all time is Powerball’s nearly $1.6 billion 2016 payout, which was won by three tickets in three states.

Like Powerball, various lotteries are played in several states. As of late 2019, lotteries existed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Tickets are sold in tens of thousands of places, and people can even play lotteries on their phones. (Here’s how much the average person spends on the lottery in every state.)

Two forms of lotteries have driven prize amounts higher. The first is Mega Millions. It is played across 45 states, which means the number of people who can participate can be huge. Winners are drawn each week, although often there is no winning ticket. In this case, the entire jackpot is rolled into the next week.

The second large type of lottery is Powerball – also played in almost every state. It is run by the Multi-State Lottery Association, a nonprofit that says it “assists its member lotteries in multi-jurisdictional game development.” While members can offer MUSL games, each member “retains its independent statutory duties regarding ticket sales, retailer authorization, prize payments, income offsets, and other responsibilities.” The association also holds lottery patents, trademarks and copyrights.

These large lottery payouts are attractive to many Americans. But how did the jackpots get so big? According to the Washington Post, “The lottery officials who run Mega Millions tweaked the rules and odds of the game last October [2017] to make jackpots pay out less frequently, spurring their monster growth.”

The plan worked. Eleven of the 25 largest payouts of all time were Mega Million lotteries, eight of them in the years since the rules and odds were tweaked. (You don’t have to win the lottery to be rich — here are the richest Americans of all time.)

To find the 25 largest lottery jackpots, 24/7 Tempo perused Wikipedia data on lottery records in the United States.

Click here to see this Is the largest lottery jackpot of all time

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25. $437 million
>Game: Mega Millions
>Date: Jan. 1, 2019
>State(s): New York

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24. $448 million
>Game: Powerball
>Date: Jun. 10, 2017
>State(s): California

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rasilja / iStock via Getty Images

23. $448 million
>Game: Powerball
>Date: Aug. 7, 2013
>State(s): Minnesota (1 ticket), New Jersey (2 tickets)

Gabriele Maltinti / iStock via Getty Images

22. $451 million
>Game: Mega Millions
>Date: Jan. 5, 2018
>State(s): Florida

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21. $457 million
>Game: Powerball
>Date: Mar. 17, 2018
>State(s): Pennsylvania

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20. $487 million
>Game: Powerball
>Date: July 30, 2016
>State(s): New Hampshire

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19. $516 million
>Game: Mega Millions
>Date: May 21, 2021
>State(s): Pennsylvania

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18. $530 million
>Game: Mega Millions
>Date: June 7, 2019
>State(s): California

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17. $533 million
>Game: Mega Millions
>Date: Mar. 30, 2018
>State(s): New Jersey

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16. $536 million
>Game: Mega Millions
>Date: July 8, 2016
>State(s): Indiana

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15. $543 million
>Game: Mega Millions
>Date: July 24, 2018
>State(s): California

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14. $560 million
>Game: Powerball
>Date: Jan. 6, 2018
>State(s): New Hampshire

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13. $564 million
>Game: Powerball
>Date: Feb. 11, 2015
>State(s): North Carolina, Puerto Rico, Texas

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12. $588 million
>Game: Powerball
>Date: Nov. 28, 2012
>State(s): Arizona, Missouri

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11. $591 million
>Game: Powerball
>Date: May 18, 2013
>State(s): Florida

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10. $648 million
>Game: Mega Millions
>Date: Dec. 17, 2013
>State(s): California, Georgia

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9. $656 million
>Game: Mega Millions
>Date: Mar. 30, 2012
>State(s): Illinois, Kansas, Maryland

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8. $688 million
>Game: Powerball
>Date: Oct. 27, 2018
>State(s): Iowa, New York

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7. $700 million
>Game: Powerball
>Date: Oct. 4, 2021
>State(s): California

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6. $731 million
>Game: Powerball
>Date: Jan. 20, 2021
>State(s): Maryland

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5. $759 million
>Game: Powerball
>Date: Aug. 23, 2017
>State(s): Massachusetts

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4. $768 million
>Game: Powerball
>Date: Mar. 27, 2019
>State(s): Wisconsin

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3. $1 billion
>Game: Mega Millions
>Date: Jan. 22, 2021
>State(s): Michigan

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2. $1.5 billion
>Game: Mega Millions
>Date: Oct. 23, 2018
>State(s): South Carolina

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1. $1.6 billion
>Game: Powerball
>Date: Jan. 13, 2016
>State(s): California, Florida, Tennessee

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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