The N.C. Education Lottery is joining a third multi-state game, one that might have greater appeal to younger players.
That’s because instead of a set jackpot, the big prize is $1,000 a day for life. That’s $7.3 million, before taxes, for someone who lives 20 years. Double that for someone who lives another 40. The winner also may choose a lump sum $5.75 million, which might be the smart bet if you were, say, in your 70s.
The game is called Lucky For Life. The $2 tickets will go on sale in North Carolina on Sunday, and drawings are Monday and Thursday nights. To win, players must match 5 numbers between 1 and 48 and pick the “Lucky Ball” number between 1 and 18. The odds of doing that are one in 30.8 million.
North Carolina is the 20th state to take part in the game; the state already sells multi-state Mega Millions and Powerball tickets.