How Many People Win The Lottery A Year? (15 Shocking Stats)

How Many People Win The Lottery A Year - How Many People Have Won The Lottery - What Are The Chances Of Winning The Lottery

How many people win the lottery a year?

In this article, you’ll learn about:

  • how the lottery works
  • how many people win each lottery per year
  • the average winnings per lottery
  • which states have the highest number of lottery winners
  • the chances of winning each lottery
  • what tickets have the highest chances of winning
  • what to do to protect yourself when you win the lottery

Let’s dig in. 

Table of Contents

The Hive Law Has Been Featured In

Take control of your newfound wealth and secure your financial future by setting up an estate plan with our experienced lawyers. Fill out the form below to schedule a consultation and protect your hard-earned money for years to come.

Get A FREE Consultation!

We run out of free consultations every month. Sign up to make sure you get your free consultation. (Free $350 value.)

Lottery Statistics

  • The largest Mega Millions jackpot ever won was $1.537 billion in October 2018.
  • The largest Powerball jackpot ever won was $1.586 billion in January 2016.
  • The odds of winning the Mega Millions jackpot are 1 in 302,575,350.
  • The odds of winning the Powerball jackpot are 1 in 292,201,338.
  • The average Mega Millions jackpot is around $115 million.
  • The average Powerball jackpot is around $155 million.
  • The lowest Mega Millions jackpot ever won was $15 million in April 2002.
  • The lowest Powerball jackpot ever won was $14.5 million in October 2005.
  • The most common Mega Millions numbers are 2, 17, 31, 39, 4, and 20.
  • The most common Powerball numbers are 6, 26, 41, 22, 32, and 16.
  • The least common Mega Millions numbers are 44, 46, 48, 49, and 50.
  • The least common Powerball numbers are 34, 35, 36, 37, and 38.
  • The average time between Mega Millions jackpots is 25 days.
  • The average time between Powerball jackpots is 27 days.
  • The most commonly drawn Mega Millions Mega Ball is 10.

How Does The Lottery Work?

Lotteries are a type of gambling where players draw random numbers for a prize. 

Governments often run lotteries to raise money for specific causes, like:

  • education
  • healthcare
  • infrastructure
  • public safety

To play, players buy tickets from authorized retailers. 

Each ticket displays a set of numbers. 

When the drawing happens, the numbers on the ticket get compared to the winning numbers. 

If they match, the ticket owner wins the prize.

Lotteries come in many forms such as:

  • scratch-off cards
  • number games
  • instant win games

Each has different rules and prizes, with bigger bets leading to bigger prizes.

Lotteries face strict regulations and close monitoring to ensure:

  • fairness
  • transparency

The operator must make sure the drawing is random and the prizes get distributed fairly. All participants must:

  • be of legal age
  • provide proof of identity

While the lottery can be a way to earn extra money:

  • it is still a form of gambling
  • there is no guarantee of winning

As with any gambling, it is important to remember to play responsibly.

Read More: How To Give Money To Family After Winning The Lottery

Where Does The Lottery Money Come From?

The Lottery generates money from two sources:

  • ticket sales directly bring in money
  • taxes on prize winnings

Ticket sales go towards:

  • paying prizes 
  • covering admin expenses

Taxes on prize winnings also fund:

  • state projects (i.e., education, infrastructure, public parks, etc.)
  • services (i.e., emergency services, environmental programs, etc.)

How Does The Lottery Make Money?

Lotteries make cash by selling tickets to players. 

You pay a few dollars for a ticket, which gives you a chance to win a prize. 

Prizes range from a few dollars to millions, depending on the game.

When you buy a ticket, the lottery operator gets your money.

 They pay out prizes to winners and keep the rest as profit. 

This profit funds different projects and initiatives.

How Often Do People Win The Lottery?

On average, someone wins the:

  • Powerball every 27 days
  • Mega Millions every 25 days

On average, it takes someone:

  • 8.5 years to win the Powerball
  • 9.3 years to win the Mega Millions

Read More: How Many Billionaires Are There In The World?

How Many People Win The Lottery A Year?

This table shows how many people win the lottery per year. 

The table displays data on various lottery types including:

  • how many people win the lottery per year
  • the year each lottery started
  • average winners per year
  • total winnings (in billions)
  • average winnings per person (in millions)
Lottery Types# of Jackpot WinnersYear StartedAverage Winners Per YearTotal Winnings (Billions)Average Winnings Per Person (Millions)
Powerball1,129199236.4$73.0$64.66
Mega Millions902199633.4$58.0$64.30
Lotto America654198818.7$12.0$18.35
Lucky for Life609200943.5$3.5$5.75
Cash4Life203201422.6$1.5$7.39
Cash 51,016198124.2$1.1$1.08
Pick 34,2311988120.9$4.0$0.95
Pick 43,216198891.9$3.0$0.93
Fantasy 51,033198829.5$2.0$1.94
Hot Lotto10620025.0$0.4$3.77
Wild Card 236219818.6$1.0$2.76
2by221919886.3$0.4$1.83
Tri-State Lottery25619856.7$1.0$3.91
Super Kansas Cash425199414.7$0.4$0.94
All or Nothing5220124.7$0.1$0.96
Lotto South15719884.5$0.6$3.82
Decades of Dollars10419883.0$1.0$9.62
Win for Life243200211.6$1.0$4.12
Kansas Super Cash431199414.9$0.4$0.93
Pick 51,022198829.2$1.0$0.98

Powerball and Mega Millions are the top two lotteries, with:

  • 1,129 Powerball jackpot winners
  • 902 Mega Millions jackpot winners 
  • Powerball average winnings per person at $64.66 million
  • Mega Millions average winnings per person at $64.30 million

Powerball has racked up a total of $73 billion in winnings. 

Mega Millions has racked up a total of $58 billion. 

Other impressive average winnings per person are:

  • Lotto America – $18.35 million
  • Lucky for Life – $5.75 million
  • Decades of Dollars – $9.62 million

Pick 3 and Pick 4 have the:

  • most number of jackpot winners
  • lowest average winnings per person

They come out to be:

  • 4,231 Pick 3 jackpot winners
  • 3,216 Pick 4 jackpot winners 
  • Pick 3 average winnings per person at $0.95 million
  • Pick 4 average winnings per person at $0.93 million

What Are The Chances Of Winning The Lottery?

The table displays what the chances of winning the lottery are.

Powerball and Mega Millions have the lowest chances of winning:

  • 1 in 292 million for Powerball
  • 1 in 302 million for Mega Millions

Pick 3 and Pick 4 have the best chances of winning the lottery:

  • 1 in 1,000 chances of winning for Pick 3
  • 1 in 10,000 chances of winning for Pick 3
Powerball1 in 292 million
Mega Millions1 in 302 million
Lotto America1 in 25 million
Lucky for Life1 in 30 million
Cash4Life1 in 21.8 million
Cash 51 in 325,000
Pick 31 in 1,000
Pick 41 in 10,000
Fantasy 51 in 575,757
Hot Lotto1 in 10 million
Wild Card 21 in 1.2 million
2by21 in 1.2 million
Tri-State Lottery1 in 4.5 million
Super Kansas Cash1 in 1 million
All or Nothing1 in 1.2 million
Lotto South1 in 7 million
Decades of Dollars1 in 4 million
Win for Life1 in 7 million
Kansas Super Cash1 in 1 million
Pick 51 in 100,000

What Lottery Tickets Win The Most?

Let’s look at the data provided in the table.

It shows that the lottery tickets that win the most are:

  • Pick 3 – 1 in 1,000
  • Pick 4 – 1 in 10,000
  • Pick 5 – 1 in 100,000
What Lottery Tickets Win The MostChances Of Winning
Pick 31 in 1,000
Pick 41 in 10,000
Pick 51 in 100,000
Cash 51 in 325,000
Fantasy 51 in 575,757

How Many People Have Won The Lottery?

So far, 16,370 people have won the lottery’s jackpots. 

The total winnings for those 16,370 people have been $165.4 billion. 

That’s an average of $10.1 million per person that has won the lottery. 

How Many People Have Won The Powerball?

There have been 1,129 Powerball jackpot winners. 

The Powerball started in 1992. 

So, there has been an average of 36.4 Powerball winners per year. 

The total Powerball jackpot winnings are $73 billion. 

Which is $64.66 million per person, on average. 

Which State Has The Most Lottery Winners?

New York has the most lottery winners, with a total of 35 jackpot winners. 

New York has:

  • 17 Powerball winners with $1.32b in winnings
  • 18 Mega Millions winners with $2.45b in winnings

The states with the most Powerball winners are:

  • Florida – 19 winners with a total of $2.72b in winnings
  • Tennessee – 18 winners with a total of $1.54b in winnings
  • Illinois – 17 winners with a total of $1.71b in winnings
  • New York – 17 winners with a total of $1.32b in winnings
  • Louisiana – 15 winners with a total of $1.24b in winnings

The states with the most Mega Millions winners are:

  • New York – 18 winners with a total of $2.45b in winnings
  • Texas – 16 winners with a total of $2.35b in winnings
  • Florida – 15 winners with a total of $2.8b in winnings
  • Pennsylvania – 15 winners with a total of $2.02b in winnings
  • Illinois – 12 winners with a total of $1.37b in winnings

This table shows the:

  • number of Mega Millions winners by state
  • number of Powerball winners by state
StateNumber of Powerball WinnersTotal Powerball Jackpot WinningsNumber of Mega Millions WinnersTotal Mega Millions Jackpot Winnings
Alabama6$519.1 M6$943.2 M
Alaska0000
Arizona7$265.2 M7$822.9 M
Arkansas6$393.3 M1$177.5 M
California14$2.23 B12$2.2 B
Colorado1$133.2 M2$336.5 M
Connecticut3$260 M3$621.7 M
Delaware4$196.4 M2$128.2 M
Florida19$2.72 B15$2.8 B
Georgia4$214.4 M4$811.7 M
Hawaii0000
Idaho2$133.1 M3$385 M
Illinois17$1.71 B12$1.37 B
Indiana8$586.7 M10$1.3 B
Iowa3$202.2 M4$342.4 M
Kansas4$313.2 M5$412.7 M
Kentucky3$193.3 M3$717.3 M
Louisiana15$1.24 B8$1.09 B
Maine2$61.2 M2$135.2 M
Maryland7$543.9 M9$1.06 B
Massachusetts7$490.7 M10$1.59 B
Michigan10$914.4 M11$1.45 B
Minnesota3$190.8 M4$335.2 M
Mississippi4$255.4 M4$338.2 M
Missouri7$409.2 M9$1.02 B
Montana1$100.7 M2$183.7 M
Nebraska2$152.2 M2$206.2 M
Nevada2$188.8 M2$188.3 M
New Hampshire3$254.7 M3$559.7 M
New Jersey12$1.1 B12$2.25 B
New Mexico2$206.2 M2$206.2 M
New York17$1.32 B18$2.45 B
North Carolina7$672.3 M10$1.52 B
North Dakota1$60.8 M1$202.1 M
Ohio11$873.2 M9$1.05 B
Oklahoma4$310.7 M4$337.8 M
Oregon2$192.9 M4$324.8 M
Pennsylvania15$1.17 B15$2.02 B
Rhode Island2$97.4 M4$426.7 M
South Carolina5$377.3 M5$719.6 M
South Dakota1$232.1 M1$232.1 M
Tennessee18$1.54 B5$1.08 B
Texas14$1.4 B16$2.35 B
Utah1$170.3 M3$573.3 M
Vermont1$254.7 M2$139.2 M
Virginia7$873.2 M7$1.17 B
Washington5$344 M6$1.07 B
West Virginia2$177.5 M3$677.3 M
Wisconsin3$182.5 M5$541.9 M
Wyoming1$90.3 M1$90.3 M

What State Has The Most Powerball Winners?

Florida has the most Powerball winners, with a total of 19 jackpot winners. 

Florida has a total of $2.72b in Powerball winnings. 

FAQs About How Many People Win The Lottery A Year

Here are other questions we get asked about lottery winnings from our clients. 

What Happens When You Win The Lottery?

When you win the lottery, you need to:

  • Calculate taxes: Depending on your state and federal tax rate, you may owe up to half of your winnings in taxes. Contact an accountant to calculate how much you will owe.
  • Create a financial plan: Hire a financial advisor to help you create a plan for your winnings. This could include investing, setting up a trust, and planning for the future.
  • Set up a trust: A trust can help protect your winnings from creditors and beneficiaries.
  • Donate to charity: Consider donating a part of your winnings to a worthy cause or charity.
  • Make investments: Investing can help you grow your winnings. And they protect your money from inflation.
  • Pay off debts: Use your winnings to pay off any debts you have.
  • Enjoy yourself: Take time to enjoy your winnings. Take a vacation or buy something special for yourself.
  • Talk to a lawyer: Contact an estate planning lawyer to help you with any legal matters related to your winnings.

What To Do After Winning The Lottery?

When you win the lottery, you should invest all of your money. 

Then, you can live off the cash flow from those investments. 

Let’s say you win $10m, you invest that $10m, and you earn 6% ROI. 

You would be making $600,000 per year or $50,000 per month. 

And that would be for the rest of your life. 

  • Seek Professional Financial Advice: Consult a financial planner or tax specialist. This ensures that your winnings are managed and invested.
  • Pay Off Debt: Pay off any outstanding debts, such as credit cards, student loans, and mortgages.
  • Invest: Consider investing in a portfolio of stocks and bonds. This ensures your money continues to grow.
  • Buy Property: Consider purchasing a new home, vacation home, or investment property.
  • Give Back: Consider donating to your favorite charity or to a cause that is close to your heart.
  • Save for Retirement: Investing in a retirement plan can provide for a secure financial future.
  • Create a Plan: Create a plan for yourself that outlines how you will manage the money and how you will spend it.
  • Enjoy Life: Take a vacation, buy luxury items, or treat yourself on a shopping spree.

If I Win The Lottery How Much Can I Give To Family?

If you win the lottery, you can give your family as much money as you want. 

But the federal gift tax exemption is $15,000 per person, per year. 

You could give $15,000 to each family member without paying any gift tax.

Let’s say you want to give more than the federal gift tax exemption.

You’ll have to pay a tax on the amount you give. 

The gift tax rate can be between 18% and 40%.

Let’s say you win the lottery and want to give money to your family.

You can avoid gift taxes by setting up a trust

A trust is a legal plan that lets you control how money is managed and used. 

You can give more than the federal gift tax limit and keep control over the funds. 

However, creating a trust can be tricky. 

To make sure it’s done right, talk to a lawyer or financial expert.

Setting Up An Estate Plan For Lottery Winnings

If you have won the lottery, fill out the form on this page.

Our estate planning attorneys have the experience you need to protect your money.

This way, you don’t:

  • get crushed by taxes
  • lose your money to predators
  • blow all of your money and wind up bankrupt

We have experience helping lottery winners:

  • make sure the money lasts their whole lifetime
  • take care of their loved ones
  • can afford everything that they want to buy without losing their money

You deserve a plan that sets you up for life.

We can provide you with that.

Talk soon.

Get A FREE Consultation!

We run out of free consultations every month. Sign up to make sure you get your free consultation. (Free $350 value.)

Share This Post With Someone Who Needs To See It