![]() You have to pay an additional $1, but if you win any non-jackpot prize it will be doubled. The New Jersey Lottery offers an optional extra feature called ‘Doubler’. The cash option for the second prize is $1 million. There is a minimum payment period of 20 years, so if a winner dies the rest of the money goes to their estate.Ī one-time, cash payment of $7 million is available to jackpot winners as an alternative if they do not wish to receive their prize as an annuity. Jackpot winners receive $365,000 a year (leap years do not count for purposes of prize calculation), while winners in the second tier receive $52,000 a year. The prizes for the top two levels keep getting paid out to winners for as long as they live. The table below shows all the ways you can win and the prizes available. The overall odds of winning a prize are 1 in 8, while the chances of winning the jackpot are 1 in 21,846,048. The prizes in the third to ninth levels are set amounts. If all six of the numbers you have selected are the same as the winning numbers drawn, you can look forward to receiving $1,000 a day for life.Įven if you match all five main numbers but miss out on the Cash Ball, the prize is $1,000 a week for life. Florida was the most recent state to join, in 2017.Ĭash4Life draws were originally held twice weekly prior to becoming a daily draw.Cash4Life offers nine prize categories, including two where you keep winning for the rest of your life. Pennsylvania, Virginia and Tennessee joined Cash4Life in 2015, with Maryland, Georgia and Indiana joining in 2016. History of Cash4LifeĬash4Life was launched on June 16, 2014, with New York and New Jersey being the original participating states. Players from around the world can play Cash4Life online via selected Lottery Agent websites. The minimum age of 18 is the same across all nine participating Cash4Life states.Ĭash4Life tickets can be purchased from authorized lottery outlets across New York, with direct website sales currently being unavailable however, the official New York Lottery website and its corresponding app do have features to help scan tickets for possible wins, choose numbers, etc. Players must be at least 18 years of age to buy lottery tickets in the state of New York, which when sold in certain locations such as bars, can only be sold to people of at least 21. The Cash4Life jackpot and its second prize can be paid out as a lump sum if desired, at $7 million for the jackpot and $1 million for the second prize, with daily and weekly prizes being paid out over approximately 20 years. Players from abroad should also check local tax laws to find out if additional taxes are applicable at home. Other participating states have their own tax rules, while overseas players pay flat 30% federal tax. Residents of New York City are also required to pay an additional 4% municipal tax. Lottery prizes over $5,000 are subject to 9% state tax in New York plus 24% federal tax. The odds of winning the Cash4Life jackpot are 1 in 21,846,048, with players also able to win prizes at nine different tiers. The Cash4Life jackpot is fixed "for life" at $1,000 per day, with the second prize being fixed "for life" at $1,000 per week.ĭue to the nature of the Cash4Life draw, there are no rollovers. ![]() To enter, choose five numbers between 1 and 60, including a Cash Ball number between 1 and 4, or go for a Quick Pick for randomly generated numbers.Ĭash4Life has a subscription entry feature to enter multiple draws at once, while the Play It Again option lets players easily replay previously chosen numbers within 30 days of initial purchase. ![]() Ticket sales close 15 minutes before the draw and resume immediately afterward.Ĭash4Life tickets cost $2.00. The participating Cash4Life states are New York, New Jersey, Pennsylvania, Virginia, Tennessee, Maryland, Georgia, Indiana and Florida.Ĭash4Life draws are held daily at 21:00 Eastern Time. Cash4Life is a popular multi-jurisdictional lottery played across nine US states.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |