There’s a lot to like about New York Cash4Life, a relative newcomer in the lottery industry. It won’t beat the offerings of mega lotteries like Mega Millions or Euromillions, but it is one of the few games out there that offers its top prize winner $1,000 every day, for the rest of their lives. Plus, it’s very easy to learn and play! Curious? Join me as I take a closer look at New York Cash4Life.
New York Cash4Life is a very young lottery game compared to its peers. It was only introduced into the New York Lottery on June 13, 2014, along with the New Jersey version of the game. It is a bi-weekly, multi-regional lottery game that offers players the chance to win as much as $7M—or $1,000/day for life—per draw.
As I’ve mentioned earlier, New York Cash4Life offers really simple mechanics. To play, you must pick 5 main numbers from a pool consisting of 1 to 60, plus a Cash Ball number from a pool ranging from 1 to 4. To win the jackpot, you must match all five of your main numbers along with the Cash Ball. Meanwhile, to win the second prize, you must match five of your main numbers. There are nine prize tiers in total. It’s that simple!
New York Cash4Life offers some relatively favorable odds compared to mega lotteries like US Powerball or SuperEnalotto. It’s a smaller lottery, after all—so that’s to be expected. For instance, the overall chances of winning anything is 1 in 8. Check out the complete breakdown below:
If you win the top two prize tiers, you can choose between a lump sum payout or annuity payout. If you choose the lump sum, you get $7,000,000 for the jackpot, while the second prize awards $1,000,000 in cash. Meanwhile, if you choose the annuity, you will get $1,000/day for life for the jackpot, while $1,000/week for life for the second prize. Finally, take not that New York Cash4Life prizes are subject to state and Federal taxes, so don’t expect to get all of the advertised prize.
Because of the unique prize structure of New York Cash4Life, technically there is no “biggest winner.” Of course, while there isn’t a player that won a prize larger than any other player, that’s not to say there aren’t big winners. All jackpot winners win $7,000,000 (before taxes) or $1,000/day for life, after all. That’s still a respectably large sum! Here are some of New York Cash4Life’s jackpot winners:
Want to be the next to win $1,000 a day for the rest of your life?
New York Cash4Life is an interesting lottery game. The prizes don’t go up to nine figures and the simple mechanics immediately feel familiar. However, it’s the prize structure that sets it apart from the rest. Sure, other lotteries allow you to choose between lump sum or annuity payouts, too. But New York Cash4Life takes that concept a step further. Who doesn’t want to be paid out $1,000 a day for the rest of their lives?
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