Lotteries are the new source of millionaires. This is because a large number of millionaires in the word owe their riches to a lottery win. Everyone who plays a lottery wants to win a prize but ultimately, each lottery winner wishes he or she could win the jackpot – a lottery’s largest cash prize. Jackpots of different lotteries around the world have changed people’s lives overnight. An example of such a lottery is the Mega Millions in the United States. The Mega Millions jackpot started off in 1996 as “The Big Game”. Six years after the creation of the Big Game, the name was changed to “The Big Game Mega Millions” before it was changed to Mega Millions in 2002. When the Mega Millions lottery started in 1996 as “the Big Game”, it was first drawn on September 6 of that same year with only six participating states – Illinois, Massachusetts, Michigan, Maryland, Virginia and Georgia. Eventually, the lottery became much popular and went on to become a multi-jurisdictional American lottery currently being played in 44 states, the U.S. Virigin Islands and the District of Columbia.
The standard Mega Millions jackpot which is advertised each draw stands at 15 million. This amount can increase exponentially depending on the pool of funds available for prices and the number of times the jackpot is rolled over. During a draw, when a jackpot is not won, it is rolled over to the next draw and continues until it is rolled over. The jackpot amount can either be paid in annuitized amounts over 30 years or as a cash lump sum which is subject to taxes. Most jackpot winners always opt for a cash payout. Below are the top seven largest Mega Millions jackpots ever.
March 30, 2012 - $656 million jackpot – 03 winning tickets ($218.6 million each)
On March 30th 2012, the Mega Millions lottery recorded its largest ever jackpot win. The amount which could be either a $640 million annuitized payment or a $462 million cash prize was initially and annuitized payment of $363 million after the draw on March 27 of that same year. It was later increased to $500 million and later to $540 million before the sale of tickets pushed the price to a whopping $656 million annuitized value or a cash option of $474 million. Before this drawing, the amount spent on Mega Millions previous jackpot win won on the 24th of January 2012 was about $1.5 billion. The $656 million jackpot had three confirmed tickets belonging to an anonymous winner in Ottawa, Kansas, the Three Amigos who hailed from Milford Mill, Maryland and Merle and Patricia Butler of Red bull, Illinois. Each of these three winners won the sum of $218.6 million.
December 17, 2013 - $648 million – 02 winning tickets ($324 million each)
The next largest jackpot amount was won on the 17th of December 2013 by two winning tickets. The winners of this amount hailed from Georgia and California. The next morning, Ira Curry, the winner of the Georgia ticket chose the cash lump sum option. The other winner, Steve Tran of Northern California claimed his own ticket on the 3rd of January 2014. Even though both winners received an equal amount, Steve Tran of California had a larger cash-option amount because of California state laws which exempt lottery winnings from the state’s income tax
July 8, 2016 - $536 million – Single winning ticket
Mega Millions' #3 largest jackpot was drawn on the 8th of July 2016 by a single ticket. This whopping sum of $536 million was won by a ticket from Indiana belonging to Warren D, LLC. The winner of this huge amount like all the others before him opted for the cash option.
March 18, 2014 - $414 million – 02 winning tickets ($207 million each)
On the 18th of March 2014, two tickets won the fourth largest Mega Millions jackpot, an amount of $414 million which was divided equally between the two winners - $207 million. One of the tickets belonged to Colbie and Seamus Trust of Merritt Island, Florida and was dated April 21, 2014. The other ticket was purchased in La Plata, Maryland by an Anonymous player.
August 11, 2017 - $393 million – Single winning ticket
Just of recent, the fifth largest jackpot recorded by Mega Millions was won. Belonging to a player who purchased his ticket in Palos Heights, Illinois, the jackpot amount stood at $393 million.
March 6, 2007 - $390 million - 02 winning tickets ($195 million each)
Before this win, the fifth largest Mega Millions jackpot was $390 million won on the 6th of March 2007 by two tickets purchased in Georgia and New Jersey. These tickets which were purchased by Elaine and Harold Messner of Woodbine, New Jersey and Eddie Nabors of Dalton, Georgia each had a prize of $195 million.
January 4, 2011 - $380 million - 02 winning tickets ($190 million each):
What a way to start a new year! On the 4th of January 2011, barely 4 days into the year, two Mega Million tickets won the 7th largest Mega Millions jackpot. The tickets which belonged to Holly Lahti who hailed from Rathdrum, Idaho and Jim and Carolyn McCullar of Ephrata, Washington were individually worth $190 million francs. This is what can be termed a “Year of Breakthrough”.
These past lottery results are the winners of the seven largest Mega Millions lottery jackpots of all time. Jackpots provide a very fast way of turning into a millionaire and while there are some who regard lotteries as scams, the stories of these seven and many other millionaires around the world who benefited from the Mega Millions jackpot are quite true. So, purchase your Mega Millions ticket today, pick your six numbers and stand a chance to have your name written in the “Book of Millionaires”. It doesn’t cost much to play a standard Mega Millions game. The price per line is $1 and with the internet, tickets can be purchased within the comfort of your room via any trusted and authorized lottery website.
You are just a click away from becoming a millionaire. Join and participate in the Mega Millions lottery.