The biggest paydays in history
Here is a list of the largest jackpots won over the last few years. It is no surprise that they all occurred in the US. The big US lotteries Powerball and Mega Millions generate huge payouts on a regular basis. So it comes as no surprise that most of the online purchases at RedFoxLotto.com are for Powerball and Mega Millions tickets.
- $ 1568 million, Powerball jackpot won on January 13th, 2016. This jackpot was split between 3 winners.
- $ 1537 million, Mega Millions jackpot won by a single winner on October 23rd, 2018
- $ 768 million, won in Powerball on March 27th, 2019
- $ 758 million, won at Powerball by a single winner in August 2017
- $ 687 million, to be shared by two winners of Powerball on October 27th, 2018
- $ 656 million, a Mega Millions jackpot split between three winners in March 2016
Now you have the chance to win big at one of those lotteries — just click here and prepare to be exposed to the best the world has to offer and even more importantly, greatly enhance your chances to win riches!
What Is a Lottery Syndicate?
A lottery syndicate is a group of people that split the cost of a lottery ticket and all its potential winnings.
This makes playing the lottery cheaper and increases your chances of winning, though the winnings will be smaller.
For instance, say one lottery ticket costs $10.
A lottery syndicate of 300 people might buy 10 lottery tickets per day.
Over the course of the month, this adds up to 300 lottery tickets for $10 per person.
This gives every individual in the syndicate 300 chances to win for only $10.
On the other hand, if one of the syndicate’s ticket happens to win $15,000,000, each member of the syndicate will only receive $50,000.
Most of the best online lottery sites offer a predefined or a custom lottery syndicate option.
Evolution of the lottery
Historically, the first lotteries seem to have been held in China, and even back then those lotteries mostly served to finance public projects. Even the Great Wall of China may have been one of those projects. In ancient Rome, lotteries were held during events for rich citizens, and the revenues were used to finance repair works in the city. In January 1449, a war between Milan and Venice was funded by a lottery.
Over the centuries, lotteries have mostly been sanctioned and run by states and governments to raise money. In a way, those lotteries served as a form of voluntary taxation of the masses. Because of this, the percentage of the revenues generated by ticket sales versus the prize payout is and was often quite low.