In July 2022, the Mega Millions jackpot skyrocketed past $1 billion a third time, when a single winning ticket from Illinois claimed a $1.337 billion jackpot.

In the end, the prize awarded in the draw on Octowas slightly less - $1.537 billion. One year later, Mega Millions was on its way to a jackpot higher than Powerball’s. As these changes lowered the odds of winning the top prize, it was expected that a new record jackpot would soon follow. In October 2017, Mega Millions changed its rules by increasing the minimum jackpot amount and the number of Mega Balls, giving players a more exciting lottery experience. Eventually Mega Millions lost the world record when Powerball awarded a $1.586 billion jackpot in January 2016. Mega Millions nearly passed its own record when two lucky players shared a $648 million jackpot in December 2013. This was after three lucky winners shared a $656 million prize in March 2012. The Mega Millions jackpot has no cap, so it continues to increase until someone wins it.įor four years, Mega Millions held the world record for the largest lottery jackpot ever awarded. The current Mega Millions record was set on August 8, 2023, when a ticket purchased in Florida was the single winner of a $1.How High Can Mega Millions Jackpots Grow? Just a few months later, the lottery outdid itself with a $1.348 billion top prize in the Janudraw. In July 2022, one lucky winning ticket purchased in Illinois matched every single winning number to pick up a $1.337 billion jackpot. With the lower odds, the jackpot eventually rose to a mind-boggling $1.537 billion! This prize was won by single ticket purchased in South Carolina on October 23rd, 2018. The new guaranteed starting jackpot rose from $17 million to an incredible $40 million jackpot prize (this was lowered to $20 million in 2020).

In October 2017, Mega Millions made a decision to increase the minimum starting jackpot and the number of Mega Balls. The record was held for 4 years until Powerball awarded a $1.586 billion jackpot in January 2016. At one point, Mega Millions held the world record for the largest lottery jackpot ever! This incredible prize was awarded to three lucky winners who shared the $656 million jackpot prize in March 2012. The sky’s the limit when it comes to Mega Million jackpots! This lottery has no cap, so it rolls until someone wins it.

How High Can Mega Millions's Jackpots Grow?

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