Top 10 Biggest Gambling Wins
This is a collection of notable lottery jackpot records in the United States, Europe and the Philippines, listing the largest prizes/jackpots awarded in various drawings.
This is a collection of notable lottery jackpot records in the United States, Europe and the Philippines, listing the largest prizes/jackpots awarded in various drawings. Spain's Sorteo Extraordinario de Navidad (Spanish Christmas Lottery) is generally considered to be the world's largest lottery game, with the largest first prize/jackpot. The sports betting market is forever growing due to punters chasing a big win, which sometimes rolls in. Take a look at the biggest sports accumulator wins! The Wynn Las Vegas is the largest casino in the United States by revenue. Image (c) Wynn Las Vegas The Wynn Las Vegas, which spreads across 215 acres of the Las Vegas Strip, cost $2.7 billion to build. Top 10 Biggest Casino Wins 4 – $27,580,879.60 Another massive win happened in Palace Station in November of 1998, when a retired flight attendant and a native of Las Vegas placed $300 in a slot machine. Discover the top 10 gambling tax rules for wins and losses, including office pools, casinos and other games of chance, and how they can affect returns. Discover the top 10 gambling tax rules for wins and losses, including office pools, casinos and other games of chance, and how they can affect returns. Featured Articles.
Spain's Sorteo Extraordinario de Navidad (Spanish Christmas Lottery) is generally considered to be the world's largest lottery game, with the largest first prize/jackpot. In 2012, the first prize was €720 million (then US$941.8 million). The total prize pool in 2012 was €2.52 billion (US$3.297 billion). The tickets for this drawing have pre-printed five-digit numbers, with each set of numbers sold multiple times in series. For example, a ticket with the number '00001' was printed 180 times under different series numbers. Moreover, each series is divided into 10 décimos (tenths in English), which are the individual tickets available for purchase. This results in the top prize being split by a very big number of winners usually from different regions of Spain. The 2011 top prize of €720 million was paid out as €4 million (US$5.2 million) to each of the 180 tickets (or €400,000 for each décimo) with the number 58268.[1] In 2016, the total prize pool was $2.310 billion (US$2.414 billion)[2][3]
United States[edit]
All lottery winnings are subject to Federal taxation (automatically reported to the Internal Revenue Service if the win is at least $600); many smaller jurisdictions also levy taxes. The IRS requires a minimum withholding of 25% of the prize (minus the wager) of any gambling win in excess of $5,000. However, the net for a major prize often is misleading; winners often owe the IRS upon filing a return because the Federal withholding was below the winner's tax obligations. Nonresident U.S. lottery winners[4] have 30% of winnings of at least $600 withheld.
While the largest lottery prizes in the early history of U.S. state lotteries were 'annuity-only', these lotteries gradually introduced a 'cash option' for these games.
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All prizes listed below are reported as the pre-withholdings amount, as this is taxable income the player must report on their returns to be subject to taxation. Jackpots and jackpot shares listed below are annuity amounts (and the cash value.)
For various reasons, an annuitized jackpot can have a higher cash value than a larger annuity with a lower cash value. Examples include the annuity structure of various games: while Mega Millions' and Powerball's annuity option each are 30 annual payments, Mega Millions' annuity payments increase 5 percent yearly, while Powerball increases 4 percent yearly; this makes the Mega Millions' annuity structure somewhat more 'inflated'.
List of U.S. lottery drawings of $300 million or more (annuity value) with at least one jackpot-winning ticket (dollar amounts in millions):[5][6]
| Rank | Jackpot | Cash value | Tickets | Per ticket | Game | Date | Where | Notes |
|---|---|---|---|---|---|---|---|---|
| 1 | $1,586.4 | $983.5 | 3 | $327.8 | Powerball | Jan. 13, 2016 | CA, FL, TN | World's largest jackpot (cash value & annuity) |
| 2 | $1,537 | $877.8 | 1 | $877.8 | Mega Millions | Oct. 23, 2018 | SC | Highest jackpot and cash value for a single ticket.[7] |
| 3 | $768.4 | $477 | 1 | $477 | Powerball | Mar. 27, 2019 | WI | 3rd highest jackpot and 2nd prize for a single ticket in history. The winning ticket was bought in New Berlin, Wisconsin. [8] |
| 4 | $758.7 | $480.5 | 1 | $480.5 | Powerball | Aug. 23, 2017 | MA | |
| 5 | $687.8 | $396.2 | 2 | $198.1 | Powerball | Oct. 27, 2018 | IA, NY | [9] |
| 6 | $656 | $474 | 3 | $158 | Mega Millions | Mar. 30, 2012 | IL, KS, MD | |
| 7 | $648 | $347.6 | 2 | $173.8 | Mega Millions | Dec. 17, 2013 | CA, GA | |
| 8 | $590.5 | $370.9 | 1 | $370.9 | Powerball | May 18, 2013 | FL | |
| 9 | $587.5 | $384.7 | 2 | $192.4 | Powerball | Nov. 28, 2012 | AZ, MO | |
| 10 | $564.1 | $381.1 | 3 | $127.0 | Powerball | Feb. 11, 2015 | NC, PR, TX | |
| 11 | $559.7 | $352 | 1 | $352 | Powerball | Jan. 6, 2018 | NH | |
| 12 | $543 | $320.5 | 1 | $320.5 | Mega Millions | July 24, 2018 | CA | [10] |
| 13 | $536 | $378.3 | 1 | $378.3 | Mega Millions | July 8, 2016 | IN | |
| 14 | $533 | $324.6 | 1 | $324.6 | Mega Millions | Mar. 30, 2018 | NJ | [11] |
| 15 | $530 | $345.2 | 1 | $345.2 | Mega Millions | June 7, 2019 | CA | |
| 16 | $487 | $341.7 | 1 | $341.7 | Powerball | July 30, 2016 | NH | |
| 17 | $456.7 | $269.4 | 1 | $269.4 | Powerball | Mar. 17, 2018 | PA | [12] |
| 18 | $451 | $281.9 | 1 | $281.9 | Mega Millions | Jan. 5, 2018 | FL | |
| 19 | $448.4 | $258.2 | 3 | $86.1 | Powerball | Aug. 7, 2013 | MN; NJ (2) | |
| 20 | $447.8 | $279.1 | 1 | $279.1 | Powerball | Jun. 10, 2017 | CA | |
| 21 | $437 | $261.8 | 1 | $261.8 | Mega Millions | Jan. 1, 2019 | NY | |
| 22 | $435.3 | $263.4 | 1 | $263.4 | Powerball | Feb. 22, 2017 | IN | |
| 23 | $429.6 | $284.1 | 1 | $284.1 | Powerball | May 7, 2016 | NJ | |
| 24 | $425.3 | $242.2 | 1 | $242.2 | Powerball | Feb. 19, 2014 | CA | |
| 25 | $420.9 | $254.6 | 1 | $254.6 | Powerball | Nov 26, 2016 | TN | |
| 26 | $414 | $230.9 | 2 | $115.4 | Mega Millions | Mar. 18, 2014 | FL, MD | |
| 27 | $399.4 | $223.3 | 1 | $223.3 | Powerball | Sep. 18, 2013 | SC | |
| 28 | $393 | $247 | 1 | $247 | Mega Millions | Aug. 11, 2017 | IL | |
| 29 | $390 | $233.1 | 2 | $116.5 | Mega Millions | Mar. 6, 2007 | GA, NJ | |
| 30 | $380 | $240 | 2 | $120 | Mega Millions | Jan. 4, 2011 | ID, WA | |
| 31 | $372 | $251.6 | 1 | $251.6 | Mega Millions | Dec. 17, 2019 | OH | |
| 32 | $365 | $177.3 | 1 | $177.3 | Powerball | Feb. 18, 2006 | NE | |
| 33 | $363 | $180 | 2 | $90 | The Big GameMM | May 9, 2000 | IL, MI | Largest Big Game jackpot before it became Mega Millions |
| 34 | $344.6 | $223.3 | 1 | $223.3 | Powerball | June 1, 2019 | NC | |
| 35 | $340 | $164.4 | 1 | $164.4 | Powerball | Oct. 19, 2005 | OR | |
| 36 | $338.3 | $211.0 | 1 | $211.0 | Powerball | Mar. 23, 2013 | NJ | |
| 37 | $337 | $224.7 | 1 | $224.7 | Powerball | Aug. 15, 2012 | MI | |
| 38 | $336.4 | $210.0 | 1 | $210.0 | Powerball | Feb. 11, 2012 | RI | |
| 39 | $333 | $214 | 2 | $107 | Mega Millions | Aug. 28, 2009 | CA, NY | |
| 40 | $331 | $174 | 3 | $58 | The Big GameMM | Apr. 16, 2002 | GA, IL, NJ | |
| 41 | $330 | $194.4 | 4 | $48.6 | Mega Millions | Aug. 31, 2007 | MD,NJ,TX,VA | |
| 42 | $326 | $197.5 | 1 | $197.5 | Mega Millions | Nov. 4, 2014 | NY | |
| 43 | $319 | $202.8 | 1 | $202.8 | Mega Millions | Mar. 25, 2011 | NY | |
| 44 | $315.3 | $183 | 1 | $183 | Powerball | May 19, 2018 | NJ | |
| 45 | $315 | $185[13] | 1 | $185 | Mega Millions | Nov. 15, 2005 | CA | |
| 46 | $314.9 | $170.5 | 1 | $170.5 | Powerball | Dec. 25, 2002 | WV | Won by Jack Whittaker[14] |
| 47 | $314.3 | $146.0 | 1 | $146.0 | Powerball | Aug. 25, 2007 | IN |
Biggest Casino Win Ever
Notes:
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- MM. ^^The Big Game became The Big Game Mega Millions and then Mega Millions in 2002.
Europe[edit]
Unlike in the United States, where lottery wins are taxed, European jackpots are generally tax-free (the lotteries themselves are taxed in other ways) and jackpots are paid in a lump sum. For example, in the United Kingdom's National Lottery, wagers are split between the game operator Camelot Group and the government, with Camelot distributing its share among prizes, operating costs, profit,[15] Camelot's 'good causes' programme, with the remainder going to the government as value-added tax (VAT) due.[16]
- Examples of largest jackpots in specific European lotteries
- £170.2 million (EUR190 million/US$208.2 million) was the largest prize won by a UK winner in the pan-European EuroMillions in GBP currency, won on 8 October 2019 in the UK.[17]
- €190.0 million is the maximum jackpot in the EuroMillions lottery and it's paid out four times:
| Chronological Nr. | Date | Jackpot in Euro | Winner | Prize in Euro | Prize in Pound | Country |
|---|---|---|---|---|---|---|
| 1 | 2012-08-10 | 190,000,000 | 1 | 190,000,000 | 148,700,000 | UK |
| 2 | 2014-10-24 | 190,000,000 | 1 | 190,000,000 | 149,800,000 | Portugal |
| 3 | 2017-10-06 | 190,000,000 | 1 | 190,000,000 | 170,800,000 | Spain |
| 4 | 2019-10-08 | 190,000,000 | 1 | 190,000,000 | 170,200,000 | UK |
- €90.0 million is the maximum jackpot in the Eurojackpot lottery and it's paid out nine times:
| Chronological Nr. | Date | Jackpot in Euro | Winner | Prize in Euro | Prize in Pound | Country |
|---|---|---|---|---|---|---|
| 1 | 2015-05-15 | 90,000,000 | 1 | 90,000,000 | 65,500,000 | Czech Republic |
| 2 | 2016-10-14 | 90,000,000 | 1 | 90,000,000 | 81,000,000 | Germany |
| 3 | 2017-01-06 | 90,000,000 | 5 | 18,000,000 | 15,400,000 | 3 X Germany, Netherlands & Denmark |
| 4 | 2018-02-09 | 90,000,000 | 1 | 90,000,000 | 79,700,000 | Finland |
| 5 | 2018-07-06 | 90,000,000 | 2 | 45,000,000 | 39,800,000 | 2 X Germany |
| 6 | 2018-11-16 | 90,000,000 | 5 | 18,000,000 | 16,000,000 | 2 X Germany, Finland, Spain & Italy |
| 7 | 2019-05-10 | 90,000,000 | 2 | 45,000,000 | 39,500,000 | Germany & Poland |
| 8 | 2019-08-23 | 90,000,000 | 1 | 90,000,000 | 82,400,000 | Finland |
| 9 | 2019-11-22 | 90,000,000 | 3 | 30,000,000 | 25,800,000 | 2 X Germany & Hungary |
- €209 million (US$233.7 million) was the largest single-ticket jackpot in Italy's SuperEnalotto lottery, won on 13 August 2019.
- €45.4 million (US$67 million) was the largest jackpot in Germany's Lotto 6 aus 49, won in December 2007 by three tickets.
- €37.7 million (US$48 million) was the largest single-ticket jackpot in the German Lotto 6 aus 49, won on 7 October 2006.
- SEK 238 million (US$38 million) is the largest single ticket jackpot of Svenska Spel Lotto Drömvinsten
- £66.1 million (US$96 million) was the largest jackpot in the United Kingdom's Lotto, won on 9 January 2016 by two tickets.
- CHF 48.6 million (US$ 53.2 million) was the largest jackpot in Switzerland's Swiss Lotto, won on 23 August 2014.[18]
- £35.1 million (US$49.6 million) was the largest winner on the UK Lotto game in April 2016.
- €38.4 million (US$49.7 million) was the largest jackpot in the Netherlands draw of the Staatsloterij (State Lottery) in May 2013.
- €30 million (US$31 million) was the largest jackpot in France's SuperLoto, won in May 2006 by two tickets.
- €24 million (US$35 million) was the largest single-ticket jackpot in the French SuperLotto, won on 6 June 2011.
- €22,5 million (US$23.9 million) was the biggest lotto win in Hungary was on Eurojackpot (half of the €45 mil.) on 10th February 2017. This 7 billion HUF worth grand prize beat a 5 billion record set up in 2003. [19]
- SEK 215 million (€22 million, US$30 million) was the largest single-ticket jackpot in Sweden's Lotto of Svenska Spel, won on 27 March 2010.[20]
- €19 million (US$30 million) was the largest jackpot and largest single-ticket jackpot in Ireland's Lotto, won on 28 June 2008 by a group of sixteen colleagues at a quarry and concrete plant in County Carlow.[21]
- €12.2 million (US$15.7 million) was the largest jackpot in Finland's Lotto of Veikkaus, won in October 2012 by one ticket.
- €13 million (US$17.9 million) was the largest jackpot in Belgium's Loterie Nationale/Nationale Loterij, won in December 2013 by one ticket.
- €4.32 million (US$4.77 million) was the largest jackpot in Russia's Gosloto 6 to 45, won in February 2016 by one 1800-roubles ticket. This is the largest jackpot in Russia.[22]
Philippines[edit]
On October 14, 2018, two bettors from Albay and Eastern Samar split the ₱1,180,622,508 (US$21,862,177) jackpot, the largest lottery won in Philippine history.[23]
References[edit]
- ^http://www.elgordo.com/results/elgordo2011_results.asp
- ^El Gordo is right: Spain has world's largest lottery worth $2.4 billion
- ^Hundreds of People Just Won Spain’s $2.4 Billion Christmas Lottery
- ^'Lottery Tax Refund For Non-U.S. Residents'.
- ^'Powerball Winners'.
- ^'Mega Millions Winners'.
- ^http://www.megamillions.com/news-releases/record-mega-millions-jackpot-won-in-south-carolina
- ^https://tirage-gagnant.com/39863/powerball-768-millions-dollars-remporte-wisconsin/
- ^https://www.powerball.com/article/6878-million-powerball-jackpot-won-iowa-and-new-york
- ^http://www.megamillions.com/news-releases/lucky-mega-millions-jackpot-winner-in-california
- ^http://www.nydailynews.com/news/national/533-million-mega-millions-winner-checked-numbers-15-times-article-1.3932366
- ^http://pix11.com/2018/03/18/biggest-lottery-jackpots-in-u-s-history/
- ^'USAmega.com results for 11/15/2005'.
- ^'Press Release'. Powerball. 2002-12-26. Archived from the original on 2012-08-25. Retrieved 2012-07-31.
- ^http://www.civilsociety.co.uk/fundraising/news/content/14225/lotto_price_hike_will_cut_percentage_per_ticket_going_to_charity
- ^http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageExcise_ShowContent&id=HMCE_CL_000259&propertyType=document#P32_2269
- ^Scott, Kirsty (July 15, 2011). 'EuroMillions jackpot win makes couple richer than Ringo'. The Guardian. London.
- ^'Rekorde Gewinner'. Retrieved 2016-12-12.
- ^Magyar Eurojackpot telitalálat(in Hungarian)
- ^Svenska Spel har inte fått tag på storvinnarenArchived 2011-11-16 at the Wayback Machine
- ^Gold strike for quarry team - National News, Frontpage - Independent.ie
- ^Житель Новосибирска выиграл в «Гослото» 358 миллионов - Газета Труд(in Russian)
- ^Ramos, Christia Marie (October 14, 2018). 'At last, 2 bettors hit UltraLotto 6/58 jackpot of P1.18 billion'. Philippine Daily Inquirer. Retrieved October 15, 2018.