You can spend $390K so quickly, on the single purchase of a new house. It would have been a wiser idea to take the $25,000/year annual payment for life, because this could work out to be MORE money !!! You have guaranteed CASH coming in every year, that you can count on, no matter what.
The Lucky for Life Winner who chose the lump sum $390K, will have spent that money within the first year, guaranteed, b/c past history indicates that's what Lottery Winners ALWAYS do, spend the money as quickly as possible, on material possessions.
Prize Categories and Odds
Matching Numbers |
Lucky for Life Prize |
Game Odds |
5 + 1 (Lucky Ball) |
$7,000/Week for Life* |
1 in 30,821,472 |
5 + 0 |
$25,000/Year for Life* |
1 in 1,813,028 |
4 + 1 (Lucky Ball) |
$5,000** |
1 in 143,356 |
4 + 0 |
$200 |
1 in 8,433 |
3 + 1 (Lucky Ball) |
$150 |
1 in 3,413 |
3 + 0 |
$20 |
1 in 201 |
2 + 1 (Lucky Ball) |
$25 |
1 in 250 |
2 + 0 |
$3 |
1 in 15 |
1 + 1 (Lucky Ball) |
$6 |
1 in 50 |
0 + 1 (Lucky Ball) |
$4 |
1 in 32 |
* For at least 20 years, or however long you are alive.
LUCKY FOR LIFE CASH OPTION DETAILS
Top Prize Cash Option |
1 winner |
Five million, seven hundred fifty thousand dollars ($5,750,000) |
2 to 14 winners |
Five million, seven hundred fifty thousand dollars ($5,750,000)*** |
***divided by the number of winners |
Top Prize Lump Sum Cash Payment |
15 or more winners |
Seven million, one hundred twenty-five thousand dollars ($7,125,000)*** |
***divided by the number of winners |
Second Prize Cash Option |
1 to 20 winners |
Three hundred ninety thousand dollars ($390,000) |
|
Second Prize Lump Sum Cash Payment |
21 or more winners |
Nine million, four hundred thousand dollars ($9,400,000)*** |
***divided by the number of winners |