"A new national draw game, called Millionaire for Life, is launching next month in Massachusetts and 30 other jurisdictions, giving players a chance to win the $1 million-a-year-for-life jackpot every day. The Massachusetts Lottery said daily drawings will begin on Sunday, Feb. 22, at 11:15 p.m., with odds of 1 in 22.9 million to win the grand prize and 1 in 8.47 overall."
"The game will have a grand prize of $1 million a year for life, and a second-tier prize of $100,000 a year for life. Both the grand prize and second-tier prize will be awarded as annuities, with a 20-year guaranteed payout to your beneficiaries if you die prior to that. Players will also have the option to choose a one-time cash payout for the top two prize levels."
Millionaire for Life will begin daily drawings Sunday, Feb. 22 at 11:15 p.m. in Massachusetts and 30 other jurisdictions. The game features a $1 million-a-year-for-life grand prize and a $100,000-a-year-for-life second-tier prize. Top prizes are paid as annuities with a 20-year guaranteed payout to beneficiaries, and winners may opt for one-time cash payouts. Tickets cost $5 per play. Players choose five numbers from 1 to 58 and one Millionaire Ball from 1 to 5, producing nine prize ways and additional prizes ranging from $8 to $7,500. The new game replaces Lucky for Life; remaining Lucky for Life prizes must be claimed within one year.
Read at Boston.com
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