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EUR 124,950,000† (EU VAT paid)

  • Length: 90.1m (295.6ft)
  • Guests: 14 guests in 7 cabins
  • Built: 2010 (refitted 2024)
  • Lurssen-Werft

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O'PTASIA

EUR 89,999,000

  • Length: 85m (278.9ft)
  • Guests: 23 guests in 10 cabins
  • Built: 2018
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EUR 79,750,000† (EU VAT paid)

  • Length: 80m (262.5ft)
  • Guests: 18 guests in 9 cabins
  • Built: 2007

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PROJECT 825

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  • Length: 75.8m (248.7ft)
  • Guests: 12 guests in 6 cabins
  • Built: 2025
  • Feadship, Royal Van Lent

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EUR 109,000,000 (EU VAT paid)

  • Length: 74m (242.8ft)
  • Guests: 14 guests in 6 cabins
  • Built: 2017

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EUR 55,000,000† (EU VAT paid)

  • Length: 70.6m (231.6ft)
  • Built: 2011
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  • Built: 2002 (refitted 2022)
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EUR 49,500,000†

  • Length: 65m (213.3ft)
  • Built: 2011 (refurbished 2021)

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EUR 35,800,000

  • Length: 64.8m (212.6ft)
  • Built: 2006 (refitted 2017)

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MAGNA GRECIA

EUR 15,000,000

  • Length: 63.8m (209.3ft)
  • Built: 1986 (rebuilt 2019, refitted 2019)
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How To Buy a Luxury Yacht: An Expert Guide

Posted December 3, 2021 in Brokerage & New Build by Ashleigh King

Owning a luxury superyacht is a dream of many. And that dream becomes a reality with the help of a luxury yacht brokerage and an experienced broker. David Seal , of the famed Yachts for Sale YouTube channel, sat down with Northrop & Johnson CCO Cromwell Littlejohn to answer the most common questions about purchasing a yacht and to map out a complete buyer’s guide for potential yacht owners.

Size, style and builder

When shopping for a yacht, one of the bests parts is the seemingly countless options of sizes, styles, and builders. The possibilities are endless, from classic motor yachts to ultra-modern superyachts, stunning sailing yachts to global explorers and beyond. If you’re contemplating a yacht purchase, keep in mind the following questions:

  • How will you use the boat? (get VERY realistic here)
  • Are you looking for a new or pre-owned yacht?
  • Custom built, semi-custom or production?
  • Are you looking for a high-speed performance boat or one with extended cruising capabilities?
  • What size range would you like to stay in?
  • What price range would you like to stay in?
  • Do you have intentions to put your yacht on the charter market?

Once you have an idea of what you’re looking for, the next step is working with a dedicated broker to make your dreams come true.

Your broker is your new best friend

At N&J, our team of well-rounded brokers has the skills and the passion for finding you your perfect yacht.

“The process of buying a brokerage yacht is pretty straightforward, the devil is in the details,” states Seal.

“Having that information and guidance from an experienced, knowledgeable broker is key,” Littlejohn assures.

Your broker will compile a list of yachts on the market – and perhaps include options not publicly known to be available that best meet your search criteria, such as styling, number of staterooms, amenities and budget.  

Let’s negotiate

Once you and your broker have selected the perfect yacht, the next step is negotiation, presenting offers, sea trials and surveys. Your Northrop & Johnson broker will walk you through all the necessary steps and prepare you for what to expect during this process.

Seal asks, “Do you recommend people try a cheeky offer first, a very low-ball offer?”

“I think we’re always trying to get the boat at the best price we can for our clients. What we don’t want to do is come in so low that we insult somebody and then find that they no longer wish to negotiate with us…we’ll do all the necessary market research and find data that provides us with a well-rounded understanding of the boat’s true value on the market. This way, we can get in and out of it properly, and from there we’ll advise and see where we end up” replies Littlejohn.

“Let’s say the offer is accepted; where do we go from there?” says Seal.

Littlejohn says, “If we back up a bit, we can get to how we present that offer. To present the offer, we need to put it in writing on the best contract to use, then there are some dates we have to concern ourselves with; these also need to be added to the contract. These include acceptance/rejection dates, closing dates, etc… We put the number down [with] any additional terms we may be considering such as sea trials and surveys and such, and then from there we put the agreement together; we need to be prepared to back that up with a 10% deposit based on the selling price that we’re offering.”

What happens next?

Your N&J broker will assist in scheduling a buyer’s sea trial and condition survey. This is to essentially “test drive” the yacht and have the opportunity to identify any deficiencies or discrepancies, whether that be mechanically or aesthetically.

Littlejohn states, “There may be further negotiations post-survey based on the findings. This may allow us to get the owner or the seller to fix items or give us a monetary credit for those items that we can fix once we own the boat.”

“That’s a really important point for [those] who have not bought a yacht before or are thinking of buying a yacht,” states Seal. “…this is not like buying a used car where you take it off the lot, and it’s your problem after that- you do your sea trial and survey and let’s say for example that I’ve offered $4,00,000 on a yacht, and you take it out to sea and the stabilizers don’t work-it’s not a take it or leave it situation is it?”

Littlejohn replies, “…we may go back to that seller and ask them to fix that and repair it, and in most cases, we’ll make those repairs subject to our surveyor’s review of the repairs and confirmation that they were done in a proper and “yacht-like” fashion, or we may come back and say we think it’s going to cost us this much and we’d like to re-negotiate the agreement to that extent.”

Once a final agreement has been made post sea trial and survey, the necessary documents will be exchanged. There are a few other factors to consider before the payment is made and the sale is completed.

“We’re now getting to acceptance day. The buyer will have to register the yacht. How easy is that, and, as a brokerage company, how involved does N&J get with that side of things?” asks Seal.

“Most of the brokers, especially those at N&J, are familiar with the requirements, the benefits and the downfalls of the different flag states. Each flag state has its own set of rules, which sometimes go as far as licensing requirements for crew, how many crew you have to be (safe manning requirements). As such there are several choices when it comes to flag states. Knowledgeable brokers have upfront conversations with their buyers about all of these aspects of yacht registration,” answers Littlejohn.

Some new yacht buyers may feel they can navigate the waters of yacht purchase on their own, but factors like where to register a new yacht really showcase the importance of having an experienced broker in your corner who can guide you in the right direction for your needs. Once all the technicalities are sorted out, the payment is submitted and the deal closed. But much like taking home an infant from the hospital, there is no “handbook” on yacht ownership. This is another reason working with an experienced broker is advantageous. Your broker will advise you on all things concerning yacht ownership. From documentation and insurance to crew and charter marketing, your broker will guide you on how to best manage your new vessel.

A common question answered

One of the most common questions regarding yacht purchase: “What’s it all about when you see an advert on a yacht, and it says “Not for sale or charter to U.S. residents while in U.S. waters?” asks Seal.

“That’s a law that goes back hundreds of years in U.S. history, and it disallows the ability to offer boats for sales or charter to U.S. residents if the boat is foreign-built or foreign-flagged and has not been imported into the United States. There are a few different ways to navigate this restriction. One is to have the seller move the yacht to a free trade zone (FTZ). This is a new option that only came about within the last three or so years. Another way for US buyers to purchase foreign-built or foreign-flagged yachts is to purchase them at a boat show under a boat-show bond or to close the deal on the yacht offshore in international waters or a country close to the US. In many cases, before free trade zones, buyers and sellers would cruise the yacht from the US to The Bahamas for the buyer to inspect and purchase the yacht legally.” answers Littlejohn.

“We’re actually in a free trade zone here (in Fort Lauderdale at the Northrop & Johnson office); what’s the benefit of that to Northrop & Johnson?” asks Seal.

“It gives us the ability to sit boats right outside of our office and offer them for sale to U.S. residents while in the free trade zone. It makes the whole process much easier for both the seller and the potential buyer as he or she can come to the N&J office and inspect or purchase the yacht with ease,” states Littlejohn.

Northrop & Johnson’s industry-leading knowledgeable yacht brokers have decades of experience in both yacht sales and purchase. They have access to the world’s most advanced yachting tech tools and databases, ensuring they have their fingers on the pulse of the industry. If you have any questions about yacht purchase, please contact a dedicated N&J yacht broker today .

If you’re interested in  buying  or  selling a yacht , contact the professional team of yacht brokers at Northrop & Johnson today. As a world-leading yacht brokerage, Northrop & Johnson offers access to thousands of luxury  yachts for sale around the world, including private yachts not publicly advertised for sale. From yacht sales to new construction, contact our team of  yacht brokers  to get the results you need.

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Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts

  • It's been two years since Russia invaded Ukraine, leading to sanctions against Russian oligarchs.
  • Many of their superyachts were seized or frozen , leading industry insiders to question their fate.
  • The yachts, some of which are worth hundreds of millions of dollars, remain in a state of limbo.

Insider Today

More than two years after Russia invaded Ukraine, the boating world still doesn't have many answers about what's going on with the very large, expensive elephants in the sea: oligarchs' superyachts .

The war prompted many governments to enact sanctions against Russia's richest , including seizing their superyachts worth hundreds of millions of dollars. But it's unclear whether they can be sold or who'd buy them, leaving ports peppered with massive boats stuck in a floating limbo.

"The Russian problem, it's becoming a bigger and bigger and bigger problem," one luxury yacht broker told Business Insider at the Palm Beach International Boat Show last week. Like many others, he requested not to be named, given the sensitive nature of the matter at hand and the generally discreet nature of the industry.

Russia has been a massive player in the massive boat market for a long time. In August 2021 — about six months before Russia's Ukraine invasion — Russians owned the second-largest share of yachts over 40 meters in length, according to a report from the industry publication SuperYacht Times.

They were responsible for 16% of new build superyacht purchases in the decade preceding the report and are known for splashing out on extravagant interiors and unique features. (One builder BI spoke to recalled a mandate from an oligarch for a large safe in the owner's cabin in which he could keep his rifles. The builder later learned he'd use them to skeet shoot on deck.)

But those sales have now screeched to a halt as oligarchs get hit by international sanctions. At least a dozen superyachts — worth well over $1 billion combined — have been affected.

And no one is quite sure what will happen to them.

Russia's sanctioned superyachts are hard to buy and sell

The first problem is that many of the yachts are "frozen" — not seized. That means that although the Russian owners can't operate or collect them, they don't technically belong to an overseas government, so they can't be sold without special permission.

Earlier this month, federal prosecutors petitioned a judge asking for consent to sell the Amadea, the 106-meter superyacht that has been docked in San Diego and costs the US as much as $922,000 a month to maintain.

"I've had some inquiries, but all you can tell them is we don't know the outcome yet" of the case, another superyacht broker told BI at the yacht show.

Related stories

And despite the broker's claim of interest in yachts like Amadea , most ultrarich — or at least their brokers — don't want to go near the vessels with a ten-foot pole, even if the government does get legal permission to sell them.

"How does it look if you bought a Russian boat?" Julia Simpson, a broker at Thompson of Monaco, said. "Even if it's completely legal and normal, there are too many things on the line," she said, like how the original owner got their money and whether that could make the new buyer look bad.

There are also possible legal implications, as it's hard for the government to prove who actually owns the yachts.

"Oligarchs typically structure their ownership of these high-value assets through a web of offshore shell companies and trusts that is designed to conceal the true owner," Joshua Naftalis, a former federal prosecutor who now works for Pallas Partners, told BI.

And if the government does assume ownership, it's highly dependent on court orders. For example, a Russian whose yacht had been seized by the French government regained access to his boat after winning a legal battle in 2022.

"It's a very difficult process to buy them," Ralph Dazert, the head of intelligence at SuperYacht Times, told BI. "There is a high risk of the former (Russian) owner suing you to get the boat back."

He pointed to the Alfa Nero, the 82-meter yacht that Eric Schmidt planned to purchase for $67 million last year in an auction put on by Antigua and Barbuda. He backed out after various parties tried to block the sale, likely deeming it not worth the legal headache.

"When the reason for sanctioning goes away, which it may do," the Russian owners will try to get their boats back , Simpson said. After all, "the government's not going to pay them."'

That said, if sanctions are dropped, the yachts will be worth much less than when they were seized, as a boat not in use deteriorates much faster than one sailing the seas.

"Those yachts need to be used to be kept in shape, kept in condition," the second broker said. "​​Just having them sit at the dock with a temporary crew on board is not good for the boats."

And the sanctioned Russians who have managed to maintain control of their superyachts won't have an easy time offloading them in the future.

Americans who try to do business with sanctioned oligarchs would have a number of hoops to jump through — like finding a bank to process the purchase, which would be next to impossible. If somehow they did and the government caught wind, they'd face hefty penalties and the transaction would be void.

So Russia's richest have found themselves "stuck" sailing in a select few countries that will let them, like the Maldives, Montenegro, and Dubai.

Watch: Video of Russian naval ship explosion shows a much-needed win for Ukraine

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$1.23 billion lottery jackpot is Powerball's 4th largest ever: When is the next drawing?

how much is it to buy a mega yacht

With no winners in over four months, the Powerball jackpot continues to climb and inch toward shattering new records.

The jackpot currently sits at an estimated $1.23 billion with a $595.1 million cash value before the Saturday, April 6 drawing. It is the fourth-largest prize in Powerball history, according to the lottery.

No one has won the Powerball jackpot since Jan. 1, when a player in Michigan won the $842 million jackpot. The largest Powerball jackpot ever won was in November 2022, when a single winner in California walked away with the $2.04 billion prize.

The Mega Millions lottery was won on March 26, when a player in New Jersey  matched all six numbers to win the $1.13 billion prize.

Whether you're a seasoned lottery player or trying your luck for the first time with the gigantic jackpot, here's what to know about the next Powerball drawing on Saturday, April 6.

How do you play Powerball? A beginner's guide to Powerball rules and potential prizes.

When are the Powerball drawings?

Powerball drawings are held every Monday, Wednesday and Saturday at 10:59 p.m. ET.

The next drawing is Saturday, April 6.

What were the last Powerball winning numbers?

The winning numbers from the Wednesday, April 3 drawing were  11, 38, 41, 62 and 65. The red Powerball was 15 and the Power Play was 3X.

While there were no jackpot or Match 5 + Power Play $2 million winners in Wednesday's drawing, there were Match 5 $1 million  winners  in the following states:

  • California (2)
  • Massachusetts (2)
  • South Carolina

Winning lottery numbers are sponsored by  Jackpocket, the official digital lottery courier of the USA TODAY Network .

What is the Power Play?

The Power Play is a feature that can be played for $1 more. It is randomly selected before each drawing and can multiply non-jackpot prizes by two, three, four, five or 10 times.

The Match 5 with Power Play prize is always worth $2 million, Powerball says.

How to play Powerball

The Powerball costs $2 per play.

To  play , select five numbers from 1 to 69 for the white balls, then select one number from 1 to 26 for the red Powerball.

You can choose your lucky numbers on a play slip or let the lottery terminal randomly pick your numbers.

To win, match one of the nine ways:

  • 5 white balls + 1 red Powerball = Grand prize.
  • 5 white balls = $1 million.
  • 4 white balls + 1 red Powerball = $50,000.
  • 4 white balls = $100.
  • 3 white balls + 1 red Powerball = $100.
  • 3 white balls = $7.
  • 2 white balls + 1 red Powerball = $7.
  • 1 white ball + 1 red Powerball = $4.
  • 1 red Powerball = $4.

There's a chance to have your winnings increased two, three, four, five and 10 times through the Power Play for an additional $1 per play. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.

All prizes are set cash amounts, except for the grand prize. In California, prize payout amounts are determined by the sales and the number of winners.

What are the odds of winning the Powerball?

The odds of winning the Powerball jackpot are one in 292,201,338. The odds for the lowest prize, $4 for one red Powerball, are one in 38.32.

According to Powerball, the overall odds of winning a prize are one in 24.87, based on a $2 play and rounded to two decimal places.

What are the largest Powerball jackpots ever?

Here are the  five largest  Powerball jackpots ever won:

  • $2.04 billion from one winning ticket in California in November 2022
  • $1.765 billion from one winning ticket in California in October 2023
  • $1.586 billion from three winning tickets in California, Florida and Tennessee in January 2016
  • $1.23 billion: Current jackpot
  • $1.08 billion from one winning ticket in California in July 2023

Where can you buy lottery tickets?

Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.

You can also order tickets online through  Jackpocket, the official digital lottery courier of the USA TODAY Network , in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Puerto Rico, Texas, Washington, D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.

Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. Must be 18+, 21+ in AZ and 19+ in NE. Not affiliated with any State Lottery. Gambling Problem? Call 1-877-8-HOPE-NY or text HOPENY (467369) (NY); 1-800-327-5050 (MA); 1-877-MYLIMIT (OR); 1-800-981-0023 (PR); 1-800-GAMBLER (all others). Visit  jackpocket.com/tos  for full terms.

When is the next Mega Millions drawing in Arizona? What to know as jackpot soars to $1.1B

how much is it to buy a mega yacht

The Mega Millions crossed the billion-dollar mark over the weekend after Friday's jackpot. No winner from the March 22 draw has come forward for the big prize, setting the stage for Tuesday night's draw for an estimated $1.1 billion.

The jackpot is the fifth-largest in Mega Million history , surpassing the prize won by a Michigan lottery player in January 2021. If won, the jackpot prize would sit in the number eight spot for the largest U.S. jackpots in lottery games .

Before you go out to purchase your ticket, here is everything you need to know about playing the Mega Millions in Arizona, including where to purchase a ticket and how to watch the results of the next draw.

When is the next Mega Millions drawing in Arizona?

The next opportunity to win the Mega Millions jackpot is Tuesday, March 26.

What time is the next Mega Millions drawing in Arizona?

Mega Millions drawings are at 11 p.m. ET or 8 p.m. Arizona time.

What is Mega Millions cut-off time in Arizona?

You have until 7:59 p.m. Arizona time on draw day to buy a Mega Millions ticket. That timing is the same from the first Sunday in November through the second Saturday in March.

The rest of the year, from the second Sunday in March through the first Saturday in November, the cut-off time goes back an hour to 6:59 p.m. Arizona time,  according to the Arizona lottery's website .

How much is the Mega Millions jackpot amount?

Because no one hit it big on this last draw, the jackpot has grown to an estimated $1.1 billion top prize, with a cash option of $525.8 million.

What are the Mega Millions drawing days?

Mega Millions drawings are held every Tuesday and Friday at 11 p.m. ET or 8 p.m. Arizona time.

How to watch the next Mega Millions drawing in Arizona

You can watch the drawing of the next Mega Million live by streaming at  MegaMillions.com .

What are the payouts on Mega Millions?

To play the Mega Millions, the player will pick five numbers, either randomly generated or by player choice between 1 to 70, and one Mega Ball number from 1 to 25. You win the jackpot by matching all six winning numbers in the drawing.

You can win other smaller prizes if you do not match all six numbers in a few different ways.

  • Five white balls + One gold ball = Jackpot.
  • Five white balls = $1 million.
  • Four white balls + One gold ball = $10,000.
  • Four white balls = $500.
  • Three white balls + One gold ball = $200.
  • Three white balls = $10.
  • Two white balls + One gold ball= $10.
  • One white ball + One gold ball = $4.
  • One gold ball = $2.

Is there a Mega Millions payout calculator?

There is no official payout calculator from the lottery game itself. But a tool developed by a Ph.D. candidate Tibor Pál and agricultural economist Oghenekaro Elem helps individuals determine how much they would get from a lump sum or an annuity payout.

How much do Mega Millions tickets cost?

A Mega Millions ticket cost $2 per play.

Where to buy Mega Millions tickets in Arizona

Mega Millions tickets are sold in 47 different jurisdictions across the U.S., including most states plus the District of Columbia and the U.S. Virgin Islands, with the exceptions of Alabama, Alaska, Hawaii, Nevada and Utah.

You can buy a ticket at your local gas station, convenience store or grocery store. You can find a retailer using the  Arizona Lottery's finder tool .

What were the Mega Millions winning numbers for March 22, 2024?

The winning numbers for Friday night's drawing were 3, 8, 31, 35, 44 and the Mega Ball was 16. The Megaplier was 3X.

Was there a Mega Millions winner for March 22, 2024?

No one matched all six numbers for the estimated $977 million jackpot. However, you do not need to match all six numbers to win a prize on the Mega Millions.

There were winners of the $1 million Match 5 prize in California, Florida, Illinois, Nebraska and Texas. Additionally, a winner in Virginia also matched the Megaplier.

Have a question you need answered? Reach the reporter at  [email protected] . Follow him on Twitter  @raphaeldelag .

Powerball jackpot hits estimated $1.23 billion. Here's when the next drawing is

how much is it to buy a mega yacht

Another Powerball drawing, and another day without a winner of the more than $1 billion jackpot.

There was no big winner on Wednesday night's drawing for $1.09 billion pushing the latest jackpot to the game's fourth largest drawing of all-time and making it eighth largest lottery prize in the U.S. after no one matched all six numbers. It is also one of the longest running streaks without a jackpot winner, according to powerball.com. The last jackpot was won on New Year’s Day in Michigan.

Take a look at the winning numbers  for the Wednesday, April 3, and when you have another chance of winning it big.

TN lottery luck: Feeling lucky? Tennessee has one of the highest number of Powerball jackpot winners in U.S.

Powerball winning numbers 4/3/24

The  winning numbers  for Wednesday night's drawing were 11, 38, 41, 62, 65, and the Powerball is 15 . The Power Play was 3X.

Did someone win the Powerball jackpot on Wednesday, April 3?

No one woke up to the $1.09 billion win, but nine tickets did match all five white balls in last night’s Powerball drawing to win $1 million prizes. The $1 million-winning tickets were sold in California (2), Georgia, Massachusetts (2), Maryland, New Jersey, South Carolina and Washington.

Another 64 tickets won $50,000 prizes and 17 tickets won $150,000 prizes.

When time is the next Powerball drawing?

You have some time to grab a ticket. The  next drawing is Saturday, April 6 .

The Powerball jackpot drawings are held three times per week at approximately 10:59 p.m. ET every Monday, Wednesday, and Saturday.

What is the Powerball up to?

Saturday's jackpot is currently estimated at $1.23 billion, with a cash option of $595.1 million.

What are the odds of winning the Powerball jackpot?

The overall odds of winning any prize in Powerball are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

When was the last $1 billion Powerball jackpot?

The last Powerball jackpot over $1 billion was won on Oct. 11, 2023. The winning ticket was sold in California and the prize was $1.765 billion.

How much is a Powerball lottery ticket?

A single Po we rball ticket costs $2. Pay an additional $1 to add the Power Play for a chance to multiply all Powerball winnings except for the jackpot. Players can also add the Double Play for one more $1 to have a second chance at winning $10 million.

What is the biggest Powerball jackpot in history?

The largest ever jackpot in Powerball broke the $2 billion mark. Here are the all-time top 10 Powerball jackpots, according to  powerball.com :

  • $2.04 billion — Nov. 7, 2022; California.
  • $1.765 billion — Oct. 11, 2023; California.
  • $1.586 billion — Jan. 13, 2016; California, Florida, Tennessee.
  • $1.23 billion — April 6, 2024; TBD.
  • $1.08 billion — July 19, 2023; California.
  • $842 million — Jan. 1, 2024; Michigan.
  • $768.4 million — March 27, 2019; Wisconsin.
  • $758.7 million — Aug. 23, 2017; Massachusetts.
  • $754.6 million — Feb. 6, 2023; Washington.
  • $731.1 million — Jan. 20, 2021; Maryland.

Top 10 all time U.S. lottery jackpots

Here are the nation's all-time top 10 Powerball and Mega Millions jackpots, according to  powerball.com :

  • $2.04 billion,  Powerball  — Nov. 7, 2022; California.
  • $1.765 billion,  Powerball  — Oct. 11, 2023; California.
  • $1.586 billion,  Powerball  — Jan. 13, 2016; California, Florida, Tennessee.
  • $1.58 billion,  Mega Millions  — Aug. 8, 2023; Florida.
  • $1.537 billion,  Mega Millions  — Oct. 23, 2018; South Carolina.
  • $1.35 billion,  Mega Millions  — Jan. 13, 2023; Maine.
  • $1.337 billion,  Mega Millions  — July 29, 2022; Illinois.
  • $1.23 billion, Powerball — TBA
  • $1.1 billion,  Mega Millions  — March 26, 2024; New Jersey.
  • $1.08 billion,  Powerball  — July 19, 2023; California.

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Compass Articles

  • January 1, 2024

The Grand Purchase: How to Buy a Mega Yacht

how much is it to buy a mega yacht

The grand purchase of a mega yacht stands as a pinnacle of luxury and personal achievement. It’s a process that transcends the typical buying experience, immersing you in a world where exclusivity, customization, and sheer elegance are the norm. Fly Yachts understands the magnitude of this endeavor and serves as your seasoned guide through the noble seas of yacht acquisition, ensuring that your journey from aspiration to ownership is as flawless and gratifying as the majestic yacht you aim to call your own.

Defining Your Yachting Aspirations

The first step toward securing your floating palace is to clearly define your yachting aspirations. Fly Yachts excels in transforming your vision into a defined set of characteristics, ensuring the features, aesthetic, performance, and amenities of your prospective yacht align with your desires. Whether you seek a vessel for lavish entertainment or as a serene retreat, Fly Yachts crafts a bespoke buying strategy tailored to your unique aspirations.

Navigating the Marketplace: The Selection Process

Delving into the marketplace, Fly Yachts charts a course through an array of opulent options. Their steady hand at the helm and intimate knowledge of the market ensure only the most suitable yachts are presented for your consideration. With an unparalleled network and a pulse on the latest yachting trends, Fly Yachts delivers a curated experience that simplifies your selection process.

Inspecting Your Prospective Yacht

The inspection of a potential mega yacht is a crucial component of the purchase process, executed with unwavering attention to detail by the experts at Fly Yachts. No stone is left unturned as they evaluate everything from structural integrity to the nuances of the onboard systems, ensuring your future vessel meets the highest standards of quality and luxury.

how much is it to buy a mega yacht

Mastering the Negotiation Tide

Armed with expertise and shrewd business acumen, Fly Yachts confidently navigates the negotiation tide. They advocate on your behalf to ensure the terms reflect the significant investment at hand, balancing assertiveness with the finesse required to secure a transaction that suits your financial and yachting objectives.

Customization and Craftsmanship

In the realm of mega yachts, personalization is paramount. Post-purchase, Fly Yachts serves as your liaison, bridging your wishes with the world’s most skilled yacht craftsmen. They oversee the customization of your vessel, ensuring each detail reflects your vision, resulting in a mega yacht that is as unique as your fingerprint.

Sealing the Deal: The Final Steps to Ownership

Fly Yachts understands the complexities of the yacht acquisition process and meticulously oversees the final steps to ownership. Their command of the closing process ensures a seamless transfer, managing the technicalities with finesse and guiding you through the administrative tide with ease.

how much is it to buy a mega yacht

A Continuing Voyage: After-Sale Support

The grand purchase is merely the beginning of your voyage with Fly Yachts. Their commitment to your satisfaction extends beyond the transaction, offering ongoing support, advice, and services that ensure your mega yacht ownership is as carefree and pleasurable as the waves it rides upon.

Conclusion: Your Course to Yachting Excellence

Embarking on the grand purchase of a mega yacht with Fly Yachts guarantees a journey marked by unparalleled expertise and personalized attention. As you step aboard your splendid new vessel, you’ll realize that Fly Yachts doesn’t just navigate the process—they enhance it, elevating your experience to match the grandeur of your sea-bound investment.

For those ready to captain the grandest of vessels, set sail with Fly Yachts and experience the zenith of luxury and prestige as you make the grand purchase of a lifetime.

how much is it to buy a mega yacht

Fly Yachts’ Frequently Asked Questions

What are the key steps to begin my search for the perfect mega yacht.

To start your search, outline your specific yachting needs, preferred features, and budget. Consult with a specialized broker like Fly Yachts for access to a comprehensive portfolio and expert guidance.

How does Fly Yachts personalize the mega yacht buying process for clients?

Fly Yachts tailors the buying process by understanding each client’s unique preferences and providing a curated selection of yachts, assisting with bespoke customizations, and ensuring a seamless acquisition from start to finish.

What should I consider when budgeting for a mega yacht purchase?

Consider the initial acquisition cost, ongoing operational expenses, staffing, maintenance, insurance, and potential upgrades. Fly Yachts can provide detailed cost projections to aid in your financial planning.

What advantages do I gain during negotiations by partnering with Fly Yachts?

With Fly Yachts, benefit from expert market knowledge, strategic negotiation tactics, and a professional team dedicated to securing the best terms aligned with your financial and lifestyle goals.

Why is a professional yacht survey and sea trial crucial in the buying process?

A professional survey assesses the yacht’s structural and mechanical condition, while a sea trial tests its performance in real conditions, ensuring the vessel meets your standards and is a sound investment.

Can Fly Yachts assist with securing financing for my mega yacht purchase?

Yes, Fly Yachts can facilitate the financing process, connecting you with reputable lenders who specialize in marine financing solutions tailored to the unique nature of mega yacht acquisitions.

How does Fly Yachts ensure that my purchase complies with maritime regulations?

Fly Yachts assists with ensuring compliance by providing guidance on flagging, registration, and navigating relevant maritime laws, taxes, and insurance requirements for your yacht.

What ongoing support does Fly Yachts offer after the purchase of a mega yacht?

Following your purchase, Fly Yachts offers comprehensive support including yacht management, maintenance scheduling, crew recruitment, and operational consultancy to ensure a smooth yachting experience.

How do I approach crewing for a newly purchased mega yacht with Fly Yachts?

Fly Yachts advises on all aspects of crewing, from defining the required qualifications and experience to recruiting and managing a professional crew that meets the specific needs of your yacht.

How does Fly Yachts contribute to ensuring a wise investment in the mega yacht market?

Fly Yachts provides market trend analyses, advises on renowned yacht builders, and assists in buying yachts with favorable resale prospects and lower depreciation rates, ensuring you make a prudent investment.

Dive into the world of luxury yachting with Fly Yachts, where our carefully selected  Yachts for Sale  page offers vessels for all tastes and sailing endeavors. Visit our  Homepage  to understand the full range of personalized services we offer to yachting enthusiasts. Those curious about our company’s values and skilled personnel can gain insights on the  About Us  page. If you’re imagining a yacht that perfectly matches your style, the  Build a Yacht  page highlights all the customization options we provide. Plan your next opulent voyage by checking out the sought-after spots listed on our  Charter Destinations  page. The  Compass Articles  page offers a trove of articles that encompass a wealth of yachting knowledge. Should you be looking to sell, our  Sell Your Yacht  page is designed to aid you in maximizing the return on your vessel. For those who wish to indulge in the yachting experience without owning, the  Yachts Charter  page showcases an array of luxurious charter options. Flight enthusiasts can also explore our  Aircraft for Sale  page, highlighting a selection of premium aircraft. Keep abreast of the latest trends and news in the world of yachting with  Gulfstream News . For assistance, information, or any queries, head over to the  Contact  page to get in touch with Fly Yachts’ dedicated team.

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IMAGES

  1. How much money luxury yachts cost is even more than you think

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  2. The 20 Most Expensive Yachts in the World in 2019

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VIDEO

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    Begin your journey to owning a slice of maritime luxury with our expert advice on purchasing a mega yacht. We delve into the nuances of making the right choice to match your seafaring desires, from bespoke amenities to performance characteristics. Grasp the intricacies of financing, paperwork, and assembling the right crew to ensure a seamless transition into yacht ownership. Equip yourself ...

  21. Seized Russian Oligarchs' Superyachts Are Still Stuck in Limbo

    Earlier this month, federal prosecutors petitioned a judge asking for consent to sell the Amadea, the 106-meter superyacht that has been docked in San Diego and costs the US as much as $922,000 a ...

  22. Powerball jackpot hops to $1.23 billion: When is next lottery drawing?

    The jackpot currently sits at an estimated $1.23 billion with a $595.1 million cash value before the Saturday, April 6 drawing. It is the fourth-largest prize in Powerball history, according to ...

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    With no one winning the Powerball jackpot Saturday, the grand prize for Monday's drawing grew closer to the billion-dollar mark, according to the lottery. Saturday's winning numbers were: 33 ...

  24. When is the next Mega Millions drawing? Jackpot hits $1.1B

    No winner from the March 22 draw has come forward for the big prize, setting the stage for Tuesday night's draw for an estimated $1.1 billion. The jackpot is the fifth-largest in Mega Million ...

  25. The Sea of Choices: How to Buy a Mega Yacht

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  26. When is the next Powerball drawing? Here's when and how much it costs

    Here are the nation's all-time top 10 Powerball and Mega Millions jackpots, according to powerball.com: $2.04 billion, Powerball — Nov. 7, 2022; California. $1.765 billion, Powerball — Oct. 11 ...

  27. The Grand Purchase: How to Buy a Mega Yacht

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