--- title: What Was the Biggest Powerball Jackpot in History? description: The Powerball jackpot is rising as no one won Saturday's drawing, bringing the total prize to $700,000 authors: - name: Lisa Marie Segarra url: https://money.com/author/lisa-marie-segarra/ at_money_since: 2017 articles: 44 covers: - Personal Finance - Business - Career Advice - Economy and Politics - Housing - Identity Theft - Insurance - Investing - Lifestyle - Retirement - Shopping - Technology social: - https://twitter.com/lisamarie_lynn former_staff: true published: '2017-08-23T14:08:39.000Z' modified: '2017-08-23T14:08:39.000Z' section: Personal Finance tags: - Lottery - onetime - Powerball word_count: 255 canonical: https://money.com/what-was-the-biggest-powerball-jackpot-in-history/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars](https://img.money.com/2017/08/gettyimages-504805806.jpg) The [Powerball jackpot is rising](https://money.com/powerball-winning-numbers-results/?iid=sr-link4) as no one won Saturday's drawing, bringing the total prize to $700,000,000. This is the second highest Powerball jackpot, [CBS News noted.](https://www.cbsnews.com/news/powerball-lottery-game-jackpot-second-largest-us-history/) What is the biggest jackpot the Powerball has ever seen? A massive $1,586,400,000. Of course, both numbers refer to the total paid in an annuity, which is paid in 30 annual payments rather than a lump sum, [according to Powerball's website.](http://www.powerball.com/pb_contact.asp) The lump sum cash payment, which most people choose, is a bit less. For that record-breaking $1,586,400,000, the prize was split three ways, by two couples in Tennessee and California and a woman in Florida. Each of them ended up taking home $327.8 million. [Maureen Smith](http://www.powerball.com/powerball/winners/2016/FL_Trust011316.shtml) of Melbourne Beach, Fla., accepted the prize as the trustee of The Nickel 95 Trust, who won [after playing the same numbers](https://money.com/most-common-powerball-numbers/?iid=sr-link2) for years. [Lisa and John Robinson](http://www.powerball.com/powerball/winners/2016/TN_Robinson011316.shtml) of Munford, Tenn., took a trip to New York City and appeared on the *Today* show before collecting their money. As numerous winners [end up losing most, if not all, of their winnings](http://fortune.com/2016/01/15/powerball-lottery-winners/), it's recommended that winners hire experts to help guide them, which is exactly what [Marvin and Mae Acosta](http://www.powerball.com/powerball/winners/2016/CA_Acosta011316.shtml) of California did. The couple came forward six months after the drawing and hired a team of legal and financial advisers after winning. The third biggest Powerball jackpot went for $590.5 million in 2013, [CNN reported.](http://money.cnn.com/2016/05/01/news/largest-lottery-jackpots/index.html) The fourth went to a $587.5 million winner in 2012 and the top five is rounded out by $564 million jackpot that was won in 2015. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/what-was-the-biggest-powerball-jackpot-in-history/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Personal Finance", "item": "https://money.com/personal-finance/" }, { "@type": "ListItem", "position": 3, "name": "Making Money", "item": "https://money.com/making-money/" }, { "@type": "ListItem", "position": 4, "name": "What Was the Biggest Powerball Jackpot in History?" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/what-was-the-biggest-powerball-jackpot-in-history/#webpage", "url": "https://money.com/what-was-the-biggest-powerball-jackpot-in-history/", "name": "What Was the Biggest Powerball Jackpot in History?", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2017-08-23T14:08:39.000Z", "mainEntity": { "@id": "https://money.com/what-was-the-biggest-powerball-jackpot-in-history/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/what-was-the-biggest-powerball-jackpot-in-history/#breadcrumb" }, "dateModified": "2017-08-23T14:08:39.000Z" }, { "@type": "Article", "headline": "What Was the Biggest Powerball Jackpot in History?", "articleSection": "Personal Finance", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2017/08/gettyimages-504805806.jpg", "width": 3000, "height": 2053, "caption": "Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars" } ], "author": [ { "@type": "Person", "name": "Lisa Marie Segarra", "url": "https://money.com/author/lisa-marie-segarra/", "@id": "https://money.com/author/lisa-marie-segarra/#author", "sameAs": [ "https://twitter.com/lisamarie_lynn" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2017-08-23T14:08:39.000Z", "description": "The Powerball jackpot is rising as no one won Saturday's drawing, bringing the total prize to $700,000", "abstract": "The Powerball jackpot is rising as no one won Saturday's drawing, bringing the total prize to $700,000", "@id": "https://money.com/what-was-the-biggest-powerball-jackpot-in-history/", "inLanguage": "en-US", "dateModified": "2017-08-23T14:08:39.000Z", "wordCount": 255, "keywords": [ "Lottery", "onetime", "Powerball" ], "about": [ { "@type": "Thing", "name": "Personal finance", "sameAs": [ "https://en.wikipedia.org/wiki/Personal_finance" ] }, { "@type": "Thing", "name": "Income", "sameAs": [ "https://en.wikipedia.org/wiki/Income" ] } ] } ] } ```