Anyone ever won " win cash for life scrach off ticket " ?

Reply #15

mediabrat — Sun, 15 Sep 2013 03:24:28 GMT

What state are you in? I would very much like to learn more about these games that are allegedly being marketed using false advertising.

Reply #14

LottoMetro — Sat, 14 Sep 2013 23:51:40 GMT

Yes, there is a discrepency which is basically my point. Here in my state they will advertise games as for life but they are not lifetime annuities. People assume for life is synonymous with a lifetime annuity, but you have to read the fine print.

On another note, I have noticed that my state has started putting the asterisks and fine print on the front of the ticket; I imagine this has something to do with the popularity of these for life games and a number of complaints by players.

Reply #13

mediabrat — Sat, 14 Sep 2013 23:20:56 GMT

If I'm understanding you correctly, you're talking about two different things. Yes, most scratchers and other jackpots that pay out per annum do indeed have a limit. That makes perfect sense, as they are billed as having finite jackpots. However, I'm not aware of any game that is marketed as win for life that does not pay out as advertised. There's VA's Win For Life, as you mentioned; there's also New England's Lucky For Life draw game, New York has a whole series of Win For Life scratchers, and... [ More ]

Reply #12

LottoMetro — Sat, 14 Sep 2013 20:30:34 GMT

VA Win for Life is lifetime annuity yes, but this is not correct in general, at least for my state.

You receive payments not to exceed a total of X amount. If you get $250K a year and it is limited to $5,000,000 total, then you only receive $250K a year for 20 years. Most tickets state both the time (20 years) and total amount ($5 million). There are absolutely NO tickets here that feature really for life payments. The reasoning is financial liability. If I win $250K a year for life, and I w... [ More ]

Reply #11

mediabrat — Sat, 14 Sep 2013 20:09:37 GMT

Right. The people in this thread are confused when they say it's limited to 20/25 years . When the states say for life , they mean it; the years quoted is a minimum, not a maximum. You'll win *at least* X years of payments, not *at most*.

Reply #10

Artist77 — Wed, 11 Sep 2013 00:21:46 GMT

I think for the win for life tickets in VA (not scratch off) when they say a minimum of 10 years, it means that your heirs will get 10 years or less of money if you die before 10 years. it is still tied to your entire life span and that is why those tickets cannot be sold to those buy out lottery services.

Reply #9

rdgrnr — Tue, 10 Sep 2013 23:56:24 GMT

Anyone ever won win cash for life scrach off ticket ?

No.

And that no is inexorable.

Reply #8

LottoMetro — Tue, 10 Sep 2013 22:11:34 GMT

Yes, I won 5 cents a week for life.....my bank account pays that in interest

These lotteries are very deceptive when they say X a week for life. It is never for life, it is always for 20-30 years. That would be like saying you win $20 million a year for life when the Powerball is $400 million or whatever.

Reply #7

ttech10 — Tue, 10 Sep 2013 21:50:44 GMT

Most of the ones I play specify that it's limited to X amount total or X amount of years.

Reply #6

mikeintexas — Tue, 10 Sep 2013 21:27:58 GMT

I was out earlier getting my lottery tickets and bought a Weekly Grand and won $20.

Reply #5

TooTallLuke — Tue, 10 Sep 2013 12:31:48 GMT

My wife $4 x 4 on one ticket last year. I've won a few small prizes, but nothing big

Here in Ontario our current Cash For Life is $2,000 a week for life, but when they say life they mean 25 years, not sure if it's the same in the US. The nice thing here is we don't pay an tax on lottery wins.

I was in New York over the weekend and saw they have a $10,000 a week for life scratch, $20 per ticket (ouch). I didn't buy one.

Reply #4

IPlayWeekly — Tue, 10 Sep 2013 10:04:13 GMT

That's crazy... so many winning tickets out there

Reply #3

dallascowboyfan — Tue, 10 Sep 2013 00:48:16 GMT

There was an article about a year or two ago about a kid that won a scratch-off just before he graduated high school.

Reply #2

lambo1013 — Mon, 09 Sep 2013 20:47:19 GMT

I know 2 people personally that have one. 1 was one of my own customers, my dad sold her a $2000 a week for like ticket and now she gets around $1600 a week after taxes. Another was a kid in my high school class who won a week before graduation, he won $1000 a week and gets around $36,000 a year after taxes, so yeah the tickets are out there and it's just pure luck

Reply #1

maringoman — Mon, 09 Sep 2013 20:34:03 GMT

I doubt they would print out scratch tickets with that promise and then go back on their promise should someone win. Their defination for win for life is about 20 years, I don't know if they think we're all 75 or something

Anyone ever won " win cash for life scrach off ticket " ?

addai1516 — Mon, 09 Sep 2013 19:39:48 GMT

is it really true ? $1000 to $4000 a week for life ? congrats to anyone that ever won !! share ur story if u dont mind