Cash For Life Payout Options at Life

Cash For Life Payout Options. Games 1, 2, 3, 4 and 5: If the annuity option is selected, the player may nonetheless select the cash option at the time of claiming a prize as outlined in section 2(h) of the official game rules.

Annuity payment option cash option; The annuity offers an initial payment followed by 29 annual payments. The top prize is $1,000 a.

Benefits can be as valuable as a big paycheck

If you win either of these prizes, you would also have the choice of taking a cash lump sum or an annuity, rather than the daily or weekly payments that the lottery advertises. For $2, the lucky for life lottery gives players a chance to win prizes ranging from $3 to a lifetime of cash. The annuity offers an initial payment followed by 29 annual payments. On the other hand, an annuity is a series of steady payments that are made at equal intervals over time.