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Winning lottery ticket sold in Florida for largest-ever Mega Millions jackpot, $1.58 billion

by Binghamton Herald Report
August 9, 2023
in Business
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History was made with Tuesday night’s Mega Millions lottery after a winning ticket was sold in Florida, netting an estimated $1.58-billion prize — the largest in the draw’s history.

Tuesday’s winning numbers were 13, 19, 20, 32 and 33, with a Mega number of 14.

Should the ticketholder claim the prize, they would have the option of cashing out for a $783.3-million lump sum or taking a 30-year annuity for the total prize.

The jackpot is the third-largest in United States lottery history, surpassing the previous $1.537-billion total a South Carolina woman won in 2018. In November, a California man won the largest jackpot, a Powerball draw worth $2 billion, with a ticket bought in Altadena; he claimed the prize in February.

Winners have up to one year to claim their prize.

The multi-jurisdictional lottery is offered in 45 states, the District of Columbia and the U.S. Virgin Islands.

Tickets cost $2 each, and winners must match five white balls numbered from 1 to 70, as well as one golden Mega ball numbered from 1 to 25. The odds of correctly selecting all six winning digits are roughly 1 in 302.6 million.

Carolyn Becker, California Lottery deputy director for public affairs and communications, says the odds are consistent since they’re derived from the total number of possible combinations drawn.

“Those odds don’t change no matter how high the jackpot or how many people play,” she said in a phone interview Tuesday. “More players means more people trying to get a piece of those odds.”

Globally, no jackpots have come close to the prizes offered in the United States.

European prizes do not compare. The Italian SuperEnalotto jackpot in February paid out a European record of 371.1 million euros, or roughly $396 million.

China’s biggest prize was given in June 2012, when a single winner claimed 570 million yuan, which was the equivalent of $89 million. The largest jackpot in Australia’s Oz Lotto was awarded in November 2012 and netted 111 million Australian dollars, which was equivalent to roughly $115.76 million. Brazil’s greatest Mega Sena national jackpot was won in December when five winners split 542 million Brazilian Real, which was then just over $102 million.

Today’s Mega Millions tally also dwarfs other gambling records.

An anonymous Los Angeles man claimed the largest Las Vegas slot machine payout in March 2003 when he cashed in on a jackpot of $39.71 million, according to Guinness World Records. The 25-year-old software engineer hit on a Megabucks slot machine at the Excalibur Hotel & Casino.

Iranian Antonio Esfandiari clinched the largest World Series of Poker prize in 2012, outlasting English player Sam Trickett for an $18.3-million purse.

Famed British gambler Harry Findlay bet about $227,000 in online bets to capture a roughly $3-million prize in May 2007, the largest horse-racing payout in history.

His countryman Steve Whiteley won a little less without wagering nearly as much. The then-60-year-old horse player correctly guessed on six straight winners in March 2011 and turned his roughly $3 bet into a total prize of nearly $2.4 million, the largest pool bet prize in horse racing history.

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