Mark Scheifele scored with just 1.6 seconds remaining as the Winnipeg Jets beat the Tampa Bay Lightning 4-3 at Canada Life Centre on Sunday, completing a dramatic late escape after blowing a three-goal lead in the third period.

Scheifele beat the buzzer on a five-on-three power play, rifling a one-timer from the left hash marks after Cole Perfetti stole the puck from Ryan McDonagh in the corner and sent a cross-ice pass to his captain. It was Scheifele's 97th career power-play goal, tying Paul MacLean for the third-most in franchise history.

The goal capped a wild finish. Winnipeg had led 3-0 midway through the third period before Tampa Bay stormed back with three goals in little more than four minutes to level the game at 3-3.

The Jets had made the brighter start after a scoreless first period. Perfetti opened the scoring at 1:53 of the second period, one-timing a short pass from Scheifele past Andrei Vasilevskiy on the power play for his seventh goal of the season.

Morgan Barron doubled the lead at 12:38 of the second, hammering home a cross-ice feed from Neal Pionk, who had circled behind the net before picking out his team-mate in the right circle.

Brayden Yager then scored his first NHL goal at 8:10 of the third period to make it 3-0, finishing a no-look, one-touch pass from Viggo Bjorck, who slipped the puck between his own legs to set up the rookie.

Tampa Bay refused to fold. Brandon Hagel cut the deficit to 3-1 just over two minutes later, and Pontus Holmberg then scored twice in 26 seconds to tie the game, burying a rebound at 14:01 before knocking in another from behind the net at 14:27.

With the game seemingly heading for overtime, the Lightning handed Winnipeg a late lifeline. Yanni Gourde was penalised for tripping and Erik Cernak was called for closing his hand on the puck, giving the Jets a five-on-three advantage in the final minute. Scheifele made no mistake.

The win was Winnipeg's third in a row and continued their recovery from a nine-game winless run, during which they went 0-7-2. The Jets improved to 7-8-3 for the season.

Stuart Skinner made 18 saves for Winnipeg, while Vasilevskiy stopped 21 of 25 shots for Tampa Bay. The Jets went three-for-five on the power play, while the Lightning finished zero-for-four.

For Tampa Bay, the defeat ended a three-game winning streak and was their first regulation loss in seven games. The Lightning, now 11-4-2, were playing the second game of a back-to-back after rallying for a 4-3 overtime win at the Minnesota Wild on Saturday.

Winnipeg next face the New Jersey Devils on Tuesday, while Tampa Bay will look to bounce back after letting a famous comeback slip away in the final two seconds.