What happens if you win cash for life?

If you win the top prize in Cash4Life, you have the exciting choice between receiving an annuity paid out over your lifetime or a single, immediate lump sum payment.

When you hit the jackpot, you're not just getting a one-time payout; you're securing a significant financial future. The game's top prize offers flexibility, allowing winners to choose the payment method that best suits their financial goals and lifestyle.

Your Payout Options

Upon winning the Cash4Life top prize, you are presented with two distinct payment choices. Understanding these options is crucial for making an informed decision that will impact your financial well-being for years to come.

Option 1: The "Cash4Life" Annuity

This option truly embodies the "Cash4Life" promise. You receive regular payments over an extended period.

• Annual Payments: Winners receive $365,000 per year.
• Duration: These payments are for life. There's a guaranteed minimum of twenty years of payments, ensuring that even if unforeseen circumstances arise, your heirs would continue to receive the payments for the remainder of the 20-year period.

Option 2: The Lump Sum Payment

For those who prefer immediate access to their winnings, the lump sum option is available.

• One-Time Payment: Instead of yearly installments, you receive your entire prize in a single, upfront payment.
• Amount Calculation: The amount of this lump sum is precisely equal to the estimated cash required to purchase the annuity, ensuring fairness between the two options.

Comparing Your Choices

Here’s a quick overview of the two primary payout options:

The choice between an annuity and a lump sum is ultimately up to the individual winner. Each option has its own benefits, and the best choice depends on personal financial planning, investment strategies, and immediate needs.

For more detailed information on Cash4Life, you can visit Jackpot.com.