Updated November 3, 2026.
This page lists the largest Powerball and Mega Millions jackpots those games have published: draw date, advertised annuity, cash option, where the ticket was sold, and how many tickets won. It is a history of prizes already drawn, for entertainment and reference. It is not a forecast and not a suggestion to buy a ticket. A past jackpot does not guarantee a win, and it does not change the odds on the next drawing. LotteryMigo does not sell tickets and cannot claim a prize or choose a payout.
The annuity is the headline. The cash option is the one-time payment. On the releases cited below, both are before taxes. When a row says the prize was split, the cash amount is the option for the whole prize. The lump sum, annuity, and taxes guide explains the difference, including what the IRS says in general about reporting lottery income. That page is not personal tax advice.
The ten largest jackpots
After an Arkansas ticket won on December 24, 2025, Powerball published the ten largest U.S. lottery jackpots by advertised annuity. Powerball's media center still ranks those six Powerball prizes as its top six, through the August 12, 2026 Illinois prize of $1.040 billion. Mega Millions' jackpot history still has the same four prizes as its largest annuities. The largest 2026 Mega Millions annuity on that page is $803 million, won in Florida on July 28. The annuity column is the order used here.
| Rank | Game | Draw date | Annuity | Cash option | Where sold | Winning tickets |
|---|---|---|---|---|---|---|
| 1 | Powerball | Nov. 7, 2022 | $2.04 billion | $997.6 million | California | 1 |
| 2 | Powerball | Dec. 24, 2025 | $1.817 billion | $834.9 million | Arkansas | 1 |
| 3 | Powerball | Sept. 6, 2025 | $1.787 billion | $820.6 million, split | Missouri and Texas | 2 |
| 4 | Powerball | Oct. 11, 2023 | $1.765 billion | $774.1 million | California | 1 |
| 5 | Mega Millions | Aug. 8, 2023 | $1.602 billion | $794.2 million | Neptune Beach, Florida | 1 |
| 6 | Powerball | Jan. 13, 2016 | $1.586 billion | $983.5 million, split | California, Florida, and Tennessee | 3 |
| 7 | Mega Millions | Oct. 23, 2018 | $1.537 billion | $878 million | South Carolina | 1 |
| 8 | Mega Millions | Jan. 13, 2023 | $1.348 billion | $723.5 million | Lebanon, Maine | 1 |
| 9 | Mega Millions | July 29, 2022 | $1.337 billion | $780.5 million | Des Plaines, Illinois | 1 |
| 10 | Powerball | April 6, 2024 | $1.326 billion | $621 million | Portland, Oregon | 1 |
September 6, 2025 was two tickets, Missouri and Texas. The next day's release offered each holder an annuity of $893.5 million or a lump sum of $410.3 million, before taxes. The media center repeats the full prize on each row — a $1,787,400,000 annuity and an $820,600,000 cash option, marked split — for an anonymous Missouri winner and the Seven Bridges Revocable Trust in Texas. January 13, 2016 was three tickets, in California, Florida, and Tennessee. The media center lists a $1,586,400,000 annuity and cash of $983,505,233.36, marked split, for Marvin and Mae Acosta, the Nickel 95 Trust, and Lisa and John Robinson. That night's draw page estimated the jackpot at $1.59 billion and the cash value at $983.5 million.
The October 23, 2018 Mega Millions history line gives the annuity and South Carolina without a cash figure. The next day's release states $1.537 billion and an $878 million cash option, one ticket. In March 2019 the South Carolina Education Lottery said the anonymous winner took $877,784,124. The table uses the drawing-day $878 million. The April 6, 2024 cash option is the $621 million in Powerball's April 7 release, for one Portland ticket. A later announcement said Cheng "Charlie" Saephan shared that single ticket with Duanpen Saephan and Laiza Chao, and that the cash they took totaled $422,309,193.97 after taxes. That after-tax total is one claim, under one state's process, and it is a different number from the $621 million cash option.
How a rollover works
The advertised jackpot is an estimate that moves with ticket sales. Powerball's site says the jackpot grows until it is won, by matching all five white balls and the red Powerball. If nobody matches, the unpaid prize stays in the pool, later sales are added, and the next estimate is higher. That carry is the rollover. These pages do not set a fixed increase for every missed drawing. Final sales can also close above the pre-draw estimate, which Powerball reported for the $2.04 billion, $1.817 billion, $1.787 billion, and $1.765 billion prizes, and for April 6, 2024, when an earlier $1.3 billion estimate finished at $1.326 billion.
A win starts the next jackpot over. From the April 8, 2025 drawing, Mega Millions restarts at $50 million. The March 25, 2025 announcement called that a change from a $20 million start. After the October 23, 2018 win, the next Mega Millions jackpot reset to $40 million, the starting value then. Powerball's December 25, 2025 and August 13, 2026 announcements each reset the next jackpot to $20 million. The August 13 release also put that Illinois prize at $1.040 billion, cash value $450.5 million, on the 44th drawing of the run, and called it the eighth-largest Powerball annuity. It sits outside this table because $1.040 billion is below rank 10. Current prices and matrices are on the Powerball and Mega Millions rules pages.
Why these jackpots got so large
The annuities reached these levels because long runs produced no jackpot winner while sales kept feeding the pool. Powerball printed the length of several runs. November 7, 2022 was drawing 41 of a run it described as three months. One California ticket matched white balls 10, 33, 41, 47, and 56, with red Powerball 10. The drawing was held at 8:57 a.m. Eastern on November 8 after a delay. The media center lists the cash option as $997,617,687.27 and names Edwin Castro, who took cash. That release describes this annuity as one immediate payment plus 29 annual payments rising 5 percent a year. The same step is in the October 11, 2023, September 6, 2025, December 24, 2025, and April 6, 2024 announcements. The August 12, 2026 announcement says 30 graduated payments over 29 years and does not restate a percentage.
December 24, 2025 was drawing 47, which Powerball called its longest jackpot cycle, on Powerball 19 with white balls 4, 25, 31, 52, and 59. It followed September 6, 2025, drawing 42 since May 31, 2025, on Powerball 17 with 11, 23, 44, 61, and 62. October 11, 2023 was drawing 36: one California ticket, 22, 24, 40, 52, 64, and Powerball 10, listed on the media center as Theodorus Struyck and a group. A group on one ticket is still one winning ticket. The Mega Millions history page names the three single tickets under the 2018 prize: Saltines Holdings, LLC, in Neptune Beach; LaKoma Island Investments, LLC, in Lebanon, Maine; and an anonymous partnership in Des Plaines.
The October 23, 2018 Mega Millions jackpot had rolled since July 24. The next day's release called it a 26-drawing run from July 27, with white balls 5, 28, 62, 65, and 70, plus Mega Ball 5. The Powerball and Mega Millions number pages count those balls in this archive only. Powerball's releases for these drawings put jackpot odds at about 1 in 292.2 million. On March 25, 2025 Mega Millions said its jackpot odds would move from 1 in 302,575,350 to 1 in 290,472,336 as the Mega Ball field went from 25 numbers to 24. The odds guide shows why another ticket scales a very small chance and leaves it very small. A longer rollover adds drawings. It leaves each play at the odds of its own matrix.
What a record does not change
The cash option is one payment. The annuity is a schedule of payments. Taxes come off either one, and the selling lottery sets the claim deadline. This site will not estimate a tax bill or recommend a payout. A bigger headline adds no winning combinations. These records are for entertainment, and they do not guarantee a win.
Claim a matching ticket from the lottery that sold it. Powerball results and Mega Millions results here are a reading of the public draw file. A request for a fee, a gift card, or bank details is the pattern in the scam guide. LotteryMigo will not ask for any of that.
Sources
- Powerball media center — top annuities and winner cash rows, including splits.
- Powerball — the jackpot grows until it is won.
- November 8, 2022 release — $2.04 billion, $997.6 million cash, 41st drawing.
- December 25, 2025 release — $1.817 billion, the ten-jackpot list, 47th drawing, $20 million reset.
- September 7, 2025 release — two tickets, $410.3 million cash each, 42nd drawing.
- October 12, 2023 release — $1.765 billion, $774.1 million cash, 36th drawing.
- April 7, 2024 release and the April 29, 2024 winner announcement — $621 million cash option and the later after-tax total.
- January 13, 2016 draw result — estimated cash value $983.5 million, three tickets.
- August 13, 2026 release — $1.040 billion, $450.5 million cash, $20 million reset.
- Mega Millions jackpot history — Florida 2023, Maine 2023, and Illinois 2022, with cash options.
- October 24, 2018 Mega Millions release — $878 million cash, 26-drawing run, winning numbers.
- March 4, 2019 claim announcement — payment of $877,784,124.
- March 25, 2025 Mega Millions announcement — $50 million starting jackpot and the odds change.