$ 1000 per day: Lucky for Life lottery offers lifetime payout to winners
A married couple from Canon City, Colorado became the first winner of the main prize in the Lucky for Life lottery. They could get $ 1000 a day for a long time, but instead they opted for a lump sum of $ 5,75 million. What is this lottery and which states can still win money.
Colorado joined Lucky for Life in 2016 and is one of 20 states that participate in the lottery. Since 2016, the state has had 19 runners-up, guaranteeing them $ 25 a year for life.
According to Wikipedia, Lucky for Life (LFL) is a drawing lottery game available in 28 states and the District of Columbia as of June 2021, 20. Lucky for Life began in 2009 in Connecticut under the name Lucky-4-Life.
On September 17, 2013, changes were made to the Lucky for Life program to add a second “lifetime” prize tier. The LFL was changed again in January 2015 to its current format. Each Lucky for Life game costs $ 2.
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Currently, the first prize winner will receive the equivalent of $365 per year for life with a 000-year guarantee. If the winner dies, payments continue to the heirs. Second prize is $20 per year. The prize fund is approximately 25 percent of sales.
To win, players must match five numbers from 1 to 48 and match one "ball of luck" from 1 to 18. According to the Colorado Lottery, the odds of winning the jackpot are 1 in 30,8 million. And the odds of winning the second prize are 1 in 1,8 million.
As of June 28, 2021, Missouri, South Carolina and Minnesota have dropped out of the Lucky for Life program, and Missouri has moved to competitor Cash4Life.
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Colorado Winners
The couple, who wishes to remain anonymous, own a bar in Canon City. Colorado Lottery investigators informed the bar manager that the winning ticket had been sold at their store. The owners checked their numbers and found out what they won. Denver Post.
“They have been married 53 years and always spend their anniversary at the state fair, which is now,” said Megan Dougherty, communications manager for the Colorado Lottery. “They are going to buy a new house.”
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