![]() (24 percent) and state (5 percent) taxes are mandatorily withheldīefore the prize is paid. Validated and claimed to choose the cash or annuity option. Players have 60 days from the date the winning ticket is Jackpot amount advertised by the Lottery is the annuitizedĪmount of money the Lottery would have invested in an annuity. Payments over the next 29 years (30 payments), less taxes. MEGA MILLIONSįrom the date the winning ticket is validated and claimed to choose This dollar amount represents the sameĪmount of money the Lottery would have invested in an annuity. It isĪpproximately half the estimated annuity option jackpot, depending The lump sum cash payment is the amountĪvailable to the Lottery for the jackpot prize pool. The jackpot amount advertised by the Lottery is theĬash Option: Players will collect prizes in one Graduated payments over the next 29 years (30 payments), less Players' ultimate tax liability may be more or less than theĪnnuity Option: Players will receive prizes in Percent) taxes are mandatorily withheld before the prize is paid. Information on how to protect your winnings.įrom the date a winning ticket is validated and claimed to choose Please read the Lottery Ticket Security Tips for The minimum prize value for this category is $200.Īll prizes are rounded to the nearest dollar. ![]() If the number of winning tickets exceeds 1,000, the total prize liability of $5,000,000 is divided equally among the winning tickets. (3) The $5,000 prize value is guaranteed to 1,000 winning tickets. ![]() The minimum prize value shall not be less than any lower tier prize paid in that respective drawing. 21 or more second-prize winning tickets: The second prize liability of $9,400,000 is split equally among all second prize winning tickets and paid in one lump sum payment. ![]() 1-20 second-prize winning tickets: The annuitized prize level will be $25,000 a year for life.Second prize values governed by "split-prize" liability the second prize is divided equally among the second prize winning tickets and may be less than shown. Second prize amount shown is based on one to twenty winning tickets. Second-prize winners may choose the Cash Option as an alternative to the Annuitized Payment Option. (2) Minimum second-prize payment period is 20 years. The minimum prize value for this category shall not be less than any lower tier prize paid in that respective drawing. 15 or more top prize winning tickets: The top prize liability of $7,125,000 is split equally among all top prize winning tickets and paid in one lump sum payment.2-14 top prize winning tickets: The prize value is split equally among the winning tickets the minimum prize value for this category is $500 a week for life.1 top-prize winning ticket: The prize value is $1,000 a day for life ($7,000 a week for life).The top prize values governed by "split-prize" liability the top prize is divided equally among the top prize winning tickets and may be less than shown. The top prize amount shown is based on one winning ticket. Top prize winners may choose the Cash Option as an alternative to the Annuitized Payment Option. (1) Minimum top-prize payment period is 20 years. Overall odds of winning a prize are 1 in 7.8 For wins of $600 and up, players need to submit their ticket along with a completed claim form and identification, either in person at a lottery office or by mailing in the documents.Lucky for Life odds of winning on $2 ticket Match Generally, prizes of $599 and below can be paid out on the spot by a retailer. In April 2021, Missouri added the EZ Match option.Ĭheck with the state lottery where you bought the winning ticket about rules to redeem a prize most states require you to come forward within 180 or 365 days of the draw date.In November 2020, Tennessee began offering the Quick Cash add-on.For an extra $1, players have the chance to double any prize won except the first and second tiers. In May 2017, New Jersey added the Doubler feature.There are a number of add-ons for Cash 4 Life, depending on the state you're playing in: In New York, Cash 4 Life is the successor to the Sweet Million draw game that was available from 2009 to 2014. In July 2019, Cash 4 Life moved to a nightly draw. Initially, draws took place on Monday and Thursday nights. Tickets initially went on sale on Jand the first draw was held on June 16 in New Jersey. Cash 4 Life is drawn on the following days MondayĬash 4 Life was created by the New Jersey Lottery and the New York Lottery.
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