Take-Home Jackpot

Largest US lottery jackpots, after taxes

The biggest Powerball and Mega Millions jackpots, with what the winners kept. "Today's rules" applies 2026 federal and state tax to the same prize for a single filer in the winning state.

Largest US jackpots recorded here (14), by advertised amount
JackpotDateWon inCash valueKept, today's rules
$2.04 billion PowerballNov 7, 2022 Nov 7, 2022 CA not verified annuity $1.29 billion
$1.817 billion PowerballDec 24, 2025 Dec 24, 2025 AR $834.9 million $495.1 million
$1.787 billion PowerballSep 6, 2025 Sep 6, 2025 MO, TX not verified annuity $1.04 billion
$1.765 billion PowerballOct 11, 2023 Oct 11, 2023 CA not verified annuity $1.11 billion
$1.602 billion Mega MillionsAug 8, 2023 Aug 8, 2023 FL not verified annuity $1.01 billion
$1.586 billion PowerballJan 13, 2016 Jan 13, 2016 CA, FL, TN not verified annuity $1 billion
$1.537 billion Mega MillionsOct 23, 2018 Oct 23, 2018 SC not verified annuity $889.7 million
$1.348 billion Mega MillionsJan 13, 2023 Jan 13, 2023 ME not verified annuity $727.4 million
$1.337 billion Mega MillionsJul 29, 2022 Jul 29, 2022 IL not verified annuity $777.6 million
$1.326 billion PowerballApr 6, 2024 Apr 6, 2024 OR not verified annuity $705.6 million
$1.269 billion Mega MillionsDec 27, 2024 Dec 27, 2024 CA not verified annuity $801 million
$1.04 billion PowerballAug 12, 2026 Aug 12, 2026 IL $450.5 million $261.6 million
$980 million Mega MillionsNov 14, 2025 Nov 14, 2025 GA $452.2 million $262.4 million
$800 million Mega MillionsJul 28, 2026 Jul 28, 2026 FL $344.2 million $216.9 million

Split jackpots show the total for all winning tickets, each taxed in its own state. Cash values are the official figures reported at the time; where a value has not been verified against an official source yet, only the annuity is shown. The list is incomplete while the remaining records are verified.

These figures describe the taxes on a prize that has already been won; they are not a reason to buy a ticket. Jackpot odds are hundreds of millions to one. If gambling is causing problems for you or someone close to you, call or text 1-800-GAMBLER (National Problem Gambling Helpline, 24/7).

Sources for this page

Figures are estimates for planning, not tax or legal advice. How they are calculated: methodology. Read the disclaimer.