There are many ways to make huge sums of money, and trying to get rich in the stock market is one of the popular methods. Some people try their luck investing their money, which can only bring a small return each year. The real estate and stock markets are now offering meager returns as the economy has slowed down. One of the quickest ways to turn your life around is by winning the Lotto in which you can win millions in prize money.
Each year, billions of dollars are being paid to the Lotto winners, and sometimes one individual gets more than one billion dollars. Some people have been lucky enough to win the biggest prizes in the world listed below. Playing Powerball and Mega Millions on Lottoland ensures that the prize gets paid.
1. Powerball 2016
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Powerball is a popular US lottery for which people spend hundreds of dollars on tickets each year. Everyone wants to win this lottery, and people are glued to their screens when the results are being announced. All anyone has to do is to pick five numbers from a range and another Powerball number. If the numbers that come up in the draw match the selected numbers, you win the Jackpot.
This is what happened with three couples who decided to participate in the lucky draw. In 2016, the winners were three couples who won $ 1.586 Billion and equally split the prize. The winners named John and Lisa from Tennessee from the US win the award; the most significant prize won from a lottery.
2. Mega Millions 2018
The second biggest prize won by anyone stands at $ 1.537 Billion, which was the Mega Millions Jackpot prize for the year 2018. Some states in the US allow people to take their winnings anonymously, and South Carolina is one. The winner belongs to this state, and the winner of this hefty sum may never be known. The winner chose to take a cash prize instead of taking installments, resulting in an $ 878 million payment, which was taxed to be reduced to $ 492 Million, which is still a large sum of money.
3. Mega Millions 2021
The third biggest prize has been won very recently in the year 2021. The prize money for this Jackpot was 1.05 billion won by someone from the state of Michigan. This is the third biggest prize ever won in history. This prize’s cash value was set at $ 777 Million, which can change the winner’s life. Even after the state taxes, the winner will be able to bag $ 435 Million. The new multi-millionaire would be boggled about how to spend this newly acquired wealth. The winner of this prize also chose to collect the prize anonymously. This constitutes the second largest cash prize for a single ticket.
4. Powerball 2019
The fourth-largest prize was won in 2019 by Manuel Franco in Wisconsin, a small city in Milwaukee’s suburbs. During his interview in 2019, Manuel told the reporters that he had less than 1000$ in his bank, from which he bought the ticket. Manuel won the Powerball jackpot of $ 768 Million, which was also taken as a cash prize. The total after state and federal taxes was $326 Million, from which Manuel was free to spend. Manuel was able to turn his life around with only a few dollars in his bank account.
5. Powerball 2017
Mavis L. Wanczyk won the prize of $ 759 Million who belongs to Chicopee, Massachusetts, in 2017. She decided to take the lump-sum payment of $ 480.5 million before taxes. After paying the state and federal taxes, she would spend the rest of $ 269 Million on anything she desired. After winning the prize, she decided to quit her Medical Center job, where she worked for 32 years. Her exact words were, “I have called them and told them I wouldn’t be coming back.” After winning such a prize, she would not have to work ever again in her life.
6. Power 2021
This is another Lotto winner from recent times of January 2021. The Jackpot of $ 731 Million was won from the state of Maryland. There is not a lot of information available about the winner of the prize. The cash value of this prize stands at $ 547 Million. This is still above half a billion dollars, which is quite a lot of money. This would stand at $ 306 Million after taxes, the third-largest cash prize for a single ticket.
The top six winners of Lotto Jackpots have been able to change their lives. The year 2021 has been kind to many people in terms of winning Jackpots. Head over to Lottoland to participate in the upcoming draws to become the next multi-millionaire. It seems like Powerball and Mega Millions have been paying out the biggest jackpots in the world.
Featured Image by Andry S from Pixabay