Florida Mega Millions Player Wins Record $1.58B Jackpot
Posted on: August 9, 2023, 09:09h.
Last updated on: August 24, 2023, 09:59h.
The Mega Millions jackpot has finally been won.

Following a run of 31 drawings without a single ticket matching the six winning numbers, officials with the Mega Millions Consortium say a ticket sold in Florida managed to hit the top prize during the game’s August 8 drawing.
Congratulations to the Florida Lottery for selling a jackpot-winning ticket in Tuesday’s $1.58 billion Mega Millions drawing,” said Georgia Lottery President and CEO Gretchen Corbin, who is additionally the director of the Mega Millions Consortium. “We congratulate our newest jackpot winner, as well as the more than 43.7 million winners at all prize levels throughout this jackpot run.”
Last night’s winning numbers were 13, 19, 20, 32, and 33, with the gold Mega Ball 14.
Historic Win
A release from Mega Millions said that while the consortium is still tallying the final numbers for Tuesday night’s drawing, the jackpot is likely to set a new record once the pool is officially determined. Mega Millions’ previous richest jackpot was a $1.537 billion prize won by a single ticket sold in South Carolina in October 2018.
The August 8 Mega Million jackpot ranks as the third-richest prize ever offered in U.S. history. Powerball holds the top two spots, a $2.04 billion prize won last November by a player in California, and a $1.586 billion jackpot won in January 2016 by three tickets sold in California, Florida, and Tennessee.
Mega Millions reps are calculating the final jackpot offering based on a 30-year annuitized payout. The annuity, should the winner choose the full value of the advertised jackpot, is based on a portfolio of bonds backed by the U.S. Treasury. With interest rates continuing to climb in what is the federal government’s attempt to ease inflation, the annuitized jackpots for Mega Millions and Powerball have been climbing in value faster than they did when the federal interest rate was near zero.
Tuesday night’s winning ticket was sold at a Publix grocery store at 630 Atlantic Boulevard in Neptune Beach, about 15 miles east of Jacksonville. The winner will need to choose between the annuitized $1.58 billion annuity paid out over 30 years or a one-time cash option of approximately $783.3 million.
Both prizes are before the federal government’s 37% tax levied on the nation’s top earners.
Florida is one of only eight states that doesn’t consider lottery winnings as individual income. Therefore, lottery wins in the Sunshine State aren’t subject to a state tax.
Not only did Tuesday night’s winner overcome the one in 302.5 million odds of winning the jackpot, but they were also fortunate to have purchased the life-changing ticket in Florida, where such wins are tax-free. If the ticket would have been purchased in neighboring Georgia, the state’s 5.75% state tax would have reduced the cash option by $45 million.
Other Winners
The August 8 Mega Millions drawing made more than seven million tickets winners, with most grabbing the game’s smallest prize of $2.
In addition to the jackpot, seven other tickets matched the five white balls, but not the gold Mega Ball, for the game’s second-tier prize of $1 million. Two of those tickets, sold in Florida and North Carolina, purchased the optional $1 add-on Megaplier that doubled their wins to $2 million after the Megaplier landed on 2x.
Another 166 tickets matched four of the white balls and the Mega Ball for the third-tier prize of $10K. Twenty-eight had the Megaplier to double their wins to $20K.
Related News Articles
Related News Articles
Mega Millions Jackpot Winner Claims Prize, but Florida Law Keeps Details Hidden
Powerball Dodges Players Again, Jackpot Swells to $835M
Historic $1.55B Mega Millions Jackpot Drawing Tuesday Night
Most Popular
MGM Had ‘F’ Grade for Cyber Vulnerability Prior to Hack
VEGAS MYTHS RE-BUSTED: The Restaurant Atop the Landmark Hotel Revolved
MGM Resorts Says IT Systems Restored But Operational Disruptions Remain
Las Vegas Grand Prix Faces Massive Cost Overruns
MGM Cyberattack Likely Costing Casino Company Millions of Dollars a Day
Most Commented
-
VEGAS MYTHS RE-BUSTED: You Don’t Have to Pay Resort Fees
September 15, 2023 — 14 Comments— -
Bally’s Chicago ‘Mosque’ Casino Draws Mistaken Outrage
September 15, 2023 — 6 Comments— -
MGM Resorts Suffers Cybersecurity Attack, System Outage Reported
September 11, 2023 — 6 Comments— -
MGM vs. Caesars: Cybersecurity Expert Rates Hacking Responses
September 21, 2023 — 5 Comments— -
MGM Cyberattack Likely Costing Casino Company Millions of Dollars a Day
September 18, 2023 — 4 Comments—
Last Comment ( 1 )
I bet its some old lady who bought a ticket while going grocery shopping. Sick amount of money and missing on the state tax is great.