PowerBall Record Jackpot: Live Updates

Table of contents:

• WHAT IS POWERBALL?
• POWERBALL RECORD JACKPOT WINNERS
• HOW TO BET ON POWERBALL FROM THE UK
• HOW MUCH DOES IT COST TO BET ON POWERBALL IN THE UK?
• WHAT ARE THE ODDS OF WINNING POWERBALL? 
• WHAT HAPPENS IF I WIN POWERBALL?

Please note that Lottoland is not a lottery operator and you are not buying a ticket with an applicable lottery. You must be 18 years of age or older to register and bet. Please see the Terms and Conditions. 

What is Powerball?

Powerball is one of the largest lotteries in the United States and also one of the most famous lotteries in the world. The reason for its success is simple: 5 of the 10 biggest jackpots ever have been paid out by Powerball, including the staggering $2.04 BILLION record jackpot, which was won in November 2022. We have more details on some of those fortunate Powerball winners below.

Powerball Record Jackpot Winners

A 2016 study found that only 0.01% of families in the US in 2012 had a wealth of more than $100 million. Powerball jackpot winners have the chance to join that exclusive club, as around 100 Powerball top prizes have exceeded that figure to date.

The table below shows the top 5 biggest Powerball jackpots. You can see the total jackpot value and the cash value per ticket, as some of the jackpots were shared by more than one winning ticket holder. 

Top 5 Powerball JAckpot Winners
Name	Date	Jackpot	Cash Value Per Ticket
Edwin Castro (California)	7th Nov. 2022	$2.04 B	$997.6 M
Anonymous (California)	11th Oct. 2023	$1.765 B	$774.1 M
David Kaltschmidt & Maureen Smith (Florida), John & Lisa Robinson (Tennessee) and Marvin & Mae Acosta (California)	13th Jan. 2016	$1.586.4 B	$327.8 M
Anonymous (Oregon)	7th Apr. 2024	$1.326 B	$621 M
Anonymous (California)	19th Jul. 2023	$1.08 B	$558.1 M

1ST BIGGEST JACKPOT VALUE: $2.04 BILLION

The $2.04 billion jackpot is the largest lottery win in world history, with a cash value of $997.6M, making this person the biggest single-ticket winner ever!

The lucky winner has been identified and is called Edwin Castro, however he hasn't revealed anything further about himself. Although, we do know that he bought his ticket from a petrol station in California, called Joe's Service Center.

The owner of this successful store received one million dollars as payment for selling the single-winning ticket. The winning numbers were drawn on November 7th, 2022, stamping every entryway into dreamland. 

The winning numbers were 10, 33, 41, 47 & 56 and the Powerball was 10.

2ND BIGGEST JACKPOT VALUE: $1.765 BILLION

In California, one single ticket was sold that matched all six numbers drawn on the 11th of October, 2023, securing a Powerball jackpot of $1.765 billion, with a cash value of $774.1 million. The winning numbers were as follows 22, 24, 40, 52, 64 and Powerball of 10. 

This makes this the second-biggest win in jackpot history and the second-largest single-ticket win ever!

3RD BIGGEST JACKPOT VALUE: $1.586 BILLION

On January 13, 2016, the third-largest Powerball win was made. With the numbers 4, 8, 18,27 and 34 being picked with the Powerball 10, it was split between three tickets across 3 states and awarded each couple an incredible $328 million lump sum prize!

The 3 winning tickets belonged to David Kaltschmidt & Maureen Smith from Florida, John and Lisa Robinson from Tennessee, and the third winning ticket belonged to Marvin and Mae Acosta from California. 

4TH BIGGEST JACKPOT VALUE: $1.326 BILLION

On the 7th April, 2024, a single ticket winner won the 4th biggest Powerball Jackpot of $1.326 billion with the cash value of $621 million. The winner is from Oregon and has still remained anonymous. 

The winning numbers were 44, 27, 52, 22 & 69 with the Powerball 9.

5TH BIGGEST JACKPOT VALUE: $1.08 BILLION

This historic jackpot run is only the fifth time in Powerball's 31-year history that the prize has exceeded a billion dollars. This took place on July 19, 2023. The winning numbers from the drawing were 7, 10, 11, 13, and 24, with the Powerball being 24.

This lucky individual won the juicy jackpot of $1.08 billion with a cash value of $558.1 million. The ticket was sold at the Las Palmitas Mini Market in Los Angeles, but we're unsure if the winner is a local resident, part of a group, or just passing through.

How to Bet on PowerBall from the UK

To place a bet on the US PowerBall lottery you must choose 5 numbers out of the 69 available and an extra number, called the Powerball, between 01 and 26. To win the PowerBall jackpot, you must get all 5 numbers and that extra Powerball correct.

To make the game even more exciting, there is the option to activate PowerPlay, which is a multiplier that can be added to your bet and doubles the second prize if you win it and multiplies by up to 10 times the prizes of categories 3 to 9.

In addition to the first prize, there are another 8 categories of prizes, making the chances of you winning some prize, even if it is only a return on your investment, quite reasonable.

How Much Does it Cost to Bet on Powerball in the UK?

Due to the enormous size that Powerball jackpots can reach, the cost of a line bet is not fixed as with the majority of other lotteries at Lottoland. Even giant European lotteries have fixed bet costs since they are capped at a certain level, but there is no limit as to how big the Powerball record jackpot could get. For that reason, the cost of a line bet can potentially increase from £3 to £6 in cases where the jackpot is higher than $500 million, at Lottoland's discretion.

What are the Odds of Winning Powerball? 

Although the chances of winning PowerBall's first prize are pretty steep - 1 in 292,201,338 - the chances of winning one of the 9 categories of prizes are quite good, with much more manageable odds of 1 in 25!

For example, by hitting only the extra ball, Powerball, you win a category 9 prize, which is worth £2.60.

What Happens if I Win Powerball?

If you are fortunate enough to win a prize by betting on PowerBall with Lottoland, winnings will automatically be credited to your account. Once the money is in your Lottoland account you can simply withdraw your winnings by one of the available withdrawal methods. We will contact you by telephone if you manage to bag one of the highest tier prizes.

Lottoland replicates the payout structure of the Official Lottery Draws in the USA and for this reason, the total prize is reduced by 38% to make allowances for the tax official winners in tiers 1 to 3 would have to pay. Lottoland may pay out the winnings in prize category 1 over 30 years (the “Annuity Option”). The lump sum method will be paid out at 60% of the total value of the annuity amount.

Thanks to its unique insurance model, Lottoland guarantees to pay out even the largest of Powerball jackpots. 

Go here to try your luck and place a bet on the record-breaking PowerBall lottery with Lottoland from the UK!

*Tier 1 winning bets on the US PowerBall are paid out as 30-year annuity or discounted lump sum at Lottoland’s election, and Tiers 1 – 3 are also subject to 38% reduction as per T&C's.

Last updated: 10th April 2024