Biggest American Jackpot Records
Lottery tickets are considered by many as the all access pass on the road to wealth. It is one of the easiest ways for you to earn thousands and even millions of dollars. Unlike gambling there is very little chance to rig the system and everybody who holds a lottery ticket has an equal chance of hitting the jackpot. Over the years lottery tickets have changed lives not only in America but around the globe. Real people winning real money which has the power to improve their life. The biggest jackpot ever won in all time history was $ 940 million through the Spanish Christmas Lottery. Mentioned here are some of the Biggest American Jackpot records.
A point to be noted is that the actual jackpot is not the amount which is taken home by the winner. Based on the amount the winner would need to pay tax to the IRS. The amount could be 25% or more of the jackpot being paid as taxes which puts a significant dent on the huge winning checks that the winners seem to pose with.
The biggest Jackpot record is held by Mega Millions lottery ticket holder with Powerball winners snapping at the heel of the record this year. The official record for biggest American jackpot is $666 Million which might seem like a bad number however the winners are not complaining. The actual cash payout was $475 million and the prize money was split between three ticket holders from Kansas, Illinois and Maryland respectively. The jackpot was won on March 30th 2012.
The second place goes to a Powerball Jackpot. $587.5 million was the jackpot amount won by two Powerball ticket holders in Arizona and Missouri. The actual cash payout was $384.7 million which remains the second highest jackpot ever won in America. This jackpot was won on November 28th 2012.
The $400 million Jackpot with a cash payout of $233 million was won on March 6 2007. The prize money was split between two tickets in Georgia and New Jersey.
A $380 Million Jackpot is a close fourth and was won on January 4 2011. The cash payout was for $ 240 million actually making it the third biggest jackpot in American history.
The next biggest lottery jackpot was not actually cashed and remains the highest annuity prize ever won. Powerball ticket holders have an option to either cash the winning or receive the winning amount over 29 years through 30 payments. The prize money was $ 365 million and was won on February 18 2006 by a lottery ticket holder in Nebraska.
$363 million was won by a ticket holder in Nebraska on May 9 2000. This was back when Mega Millions was known as “The Big Game” before the name was changed.
$340 Million was won on October 19 2005 in Oregon with a cash payout of $ 164 million which was shared by two families who bought a Powerball lottery ticket.
Lottery tickets are considered by many as the all access pass on the road to wealth. It is one of the easiest ways for you to earn thousands and even millions of dollars. Unlike gambling there is very little chance to rig the system and everybody who holds a lottery ticket has an equal chance of hitting the jackpot. Over the years lottery tickets have changed lives not only in America but around the globe. Real people winning real money which has the power to improve their life. The biggest jackpot ever won in all time history was $ 940 million through the Spanish Christmas Lottery. Mentioned here are some of the Biggest American Jackpot records.
A point to be noted is that the actual jackpot is not the amount which is taken home by the winner. Based on the amount the winner would need to pay tax to the IRS. The amount could be 25% or more of the jackpot being paid as taxes which puts a significant dent on the huge winning checks that the winners seem to pose with.
The biggest Jackpot record is held by Mega Millions lottery ticket holder with Powerball winners snapping at the heel of the record this year. The official record for biggest American jackpot is $666 Million which might seem like a bad number however the winners are not complaining. The actual cash payout was $475 million and the prize money was split between three ticket holders from Kansas, Illinois and Maryland respectively. The jackpot was won on March 30th 2012.
The second place goes to a Powerball Jackpot. $587.5 million was the jackpot amount won by two Powerball ticket holders in Arizona and Missouri. The actual cash payout was $384.7 million which remains the second highest jackpot ever won in America. This jackpot was won on November 28th 2012.
The $400 million Jackpot with a cash payout of $233 million was won on March 6 2007. The prize money was split between two tickets in Georgia and New Jersey.
A $380 Million Jackpot is a close fourth and was won on January 4 2011. The cash payout was for $ 240 million actually making it the third biggest jackpot in American history.
The next biggest lottery jackpot was not actually cashed and remains the highest annuity prize ever won. Powerball ticket holders have an option to either cash the winning or receive the winning amount over 29 years through 30 payments. The prize money was $ 365 million and was won on February 18 2006 by a lottery ticket holder in Nebraska.
$363 million was won by a ticket holder in Nebraska on May 9 2000. This was back when Mega Millions was known as “The Big Game” before the name was changed.
$340 Million was won on October 19 2005 in Oregon with a cash payout of $ 164 million which was shared by two families who bought a Powerball lottery ticket.
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