|Posted: February 1, 2015, 1:55 pm - IP Logged|
The website I provided is the official NJ Lottery website. I'd like to see that article when you get a chance.
I tried doing another search on NY news site but had no luck. Perhaps the error was fixed or it was a mistake on my part where I mistook the $4.3 million lump sum as before taxes.
This prize still doesn't make sense to me as $1,000 per day comes out to $365k per year with a 20-year max cap. That means if the winner took the annuity payments it would amount to $7.3 million before taxes. I don't think anyone in their right mind would choose that option if they can get $7 million right up front.
I never play scratch off tickets but if this $2.00 per ticket $7 million Cash4life game was offered anywhere near North Carolina I would most definitely play it.