What happens if you win Lucky for Life?

What happens if you win Lucky for Life?

What are “for life” prizes? You don’t just win once with Lucky for Life, you win FOR LIFE. The top prize of $365,000 A YEAR FOR LIFE is paid weekly and the second prize is $25,000 a YEAR FOR LIFE paid yearly. These prizes stick around for a minimum of 20 years or even longer – as long as you’re around!

Does Arizona have Lucky for Life lottery?

The Arizona Lottery launches the newest game in the Scratchers series Tuesday. Lucky Life will allow players a full range of tickets with a chance to win up to $5,000 a week for 20 years, Lottery official said.

How much does 3 numbers pay on Lucky for Life?

Numbers Matched Prize Odds of Winning
Match 3 + Lucky Ball $150 1 in 3413
Match 3 $20 1 in 201
Match 2 + Lucky Ball $25 1 in 250
Match 2 $3 1 in 15

How many numbers do you need to win on Lucky for Life?

The Lucky for Life top prize is won by matching five white balls, in any order, plus the one gold Lucky Ball number. The second-level prize of $25,000 a year for life is won by matching all five white balls, known as a Match 5+0.

Does Lucky for Life have a cash option?

LUCKY FOR LIFE PRIZE OPTIONS Both have the choice of a Cash Option as an alternative to the Annuitized Payment option, as described in the table below. Prizes that are governed by “split-prize” liability are divided equally among the winning tickets and may be less than shown.

How can I make 1000 dollars a day for life?

Choose 5 numbers from 1–60 and 1 Cash Ball number from 1–4. You can Quick Pick or choose your own lucky numbers. Match all 5 numbers and the Cash Ball to win the grand prize of $1,000 a day for life. Second prize is $1,000 a week for life.

Is the cash ball worth anything?

Matching all five numbers in the main field plus the Cash Ball wins, or shares (“split-prize liability”), the equivalent of $1,000-per-day-for-life, or $7,000,000 cash, at the winner’s option. Second prize, however, can have multiple winners of $1,000-per-week-for-life and/or $1,000,000 cash.

What is the cash option for Lucky for Life?

“For Life” prizes are guaranteed for a minimum of 20 years. The lump sum option for the Top Prize is $5,750,000 (before taxes). The lump sum option for the Second Prize is $390,000 (before taxes). What happens if an annuity winner dies before receiving the minimum prize payout?

What is the one time payout for Lucky for Life?

Prizes and Odds

Match Prize (up to) Odds
5 Numbers + Lucky Ball $365,000 A YEAR FOR LIFE ANNUITY or $5,750,000 Cash Option 1 in 30,821,472
5 Numbers $25,000 A YEAR FOR LIFE ANNUITY or $390,000 Cash Option 1 in 1,813,028
4 Numbers + Lucky Ball $5,000 1 in 143,356
4 Numbers $200 1 in 8,433