Who can resist a good lottery prize? Every time the jackpot piles up, all lottery players try to win the jackpot of the day. And the competition gets even bigger when the jackpot reaches unprecedented heights, often so huge that it breaks all-time records and makes headlines all over the world! We find out all about the world’s biggest lottery jackpots!
Find out everything about the biggest lottery jackpots and biggest single winners! These are extraordinary amounts that will make you wonder if a person can make more money than a lottery winner.
When it comes to the world’s largest lottery prize, two important details need to be considered: the amount of the jackpot to be distributed to the first category and the amount of the jackpot to be divided among ALL the prize tiers.
If we think about the sum of prizes to be paid out among all the categories, without a doubt, the El Gordo Christmas Lottery is the biggest prize in the world! The next draw is already scheduled for December 22, 2022, with an estimated total prize of 2.520 BILLION EUROS (around 221,566,744,098.00 Rupees), which will be shared out between many players.
The main difference between the special Christmas edition of the Spanish El Gordo lottery and the bigger jackpots is that it’s not aimed at allocating the largest part of its pot to the winners of the first category. Instead, they distribute as many prizes as possible amongst the 17 tiers.
Each of your tickets (which works like a raffle ticket) is printed several times with the same number in order to increase the number of winners. This means that every jackpot winner, “El Gordo,” receives €4 million each (around 351,927,165.16 rupees). The rest of the multi-million-dollar prize is divided between the other tiers, making it one of the most popular lotteries in the world; it is played by three-quarters of the Spanish population. Furthermore, it is incredibly popular with players from all over the world, including Indian bettors.
The biggest single lottery prize in the world was paid on November 8, 2022, when a single winner from California (USA) won a record-breaking PowerBall prize of US$2.040 billion (around 168,266,340,000.00 rupees).
And while it is true that Mega Millions ranks third among the biggest lottery prizes of all time, it is responsible for paying out three of the five largest single prizes ever seen in lottery history.
On October 23, 2018, US$1.537 billion (around 126,774,757,150.00 rupees) was paid out to a single Mega Millions winner in South Carolina.
On July 29, 2022, Mega Millions presented one lucky Illinois player with no less than $1.337 billion (around 110,286,255,450.00 rupees).
And the year before that, a lucky Michigan winner scooped up no less than US$1.050 billion (around 86,612,242,500.00 rupees) on January 22, 2021, guaranteeing a very special new year with the world’s fourth largest single lottery prize!
Among the 10 largest lottery prizes ever paid out in history, a lottery from the United States breaks all records! The largest lottery prize in the world was distributed by PowerBall in November 2022 and reached the incredible amount of US$ 2.040 billion (around 168,274,704,000.00 rupees), paid out to a single California winner.
Another historic prize was the PowerBall, US$1.586 Billion (around 130,825,333,600.00 rupees). It was paid out in January 2016. This is now the second-largest lottery prize in the world, split between 3 winners. And among the lucky winners in the smaller categories was a Powerball winner, who won $2 million (around 164,975,200.00 rupees) directly from the United States into his personal bank account.
The only lottery that came very close to breaking the world record was the Mega Millions lottery – another American giant, which reached a jackpot of US$1.537 billion (around 126,789,358,650.00 rupees) in October 2018 and paid out not only the 3rd largest American lottery prize but also the third-largest jackpot in the world!
Of the top ten largest lottery prizes of all time, seven of them are from PowerBall and three from Mega Millions! The reason why US lotteries offer the highest jackpots in the world is that, just like Mega Millions, their jackpots have no upper limit and can reach huge amounts until they find a lucky winner!
The modern-day version of Meta's Virtual Reality (VR) headset line, the Meta Quest 3, is…
In an era characterized by technological advancements and the growing demand for convenience, industries across…
Team collaboration has become crucial for achieving organizational success in today’s fast-paced and increasingly digital business environment.…
Slip and fall accidents are surprisingly common, according to the National Floor Safety Institute, accounting…
Privacy and data protection are more than buzzwords in today's digital age. They are essential…
The best way to increase your legal business profitability is by creating long-term goals and…