The newest Michigan Lottery raffle will pay one winner $1,000 every week for the rest of his or her life. Going public for the first time on Monday, May 11th, 2009, the Michigan Lottery game is appropriately named Win For Life and costs around $20 per ticket. There will be three hundred thousand tickets available for sale. Six digit tickets, starting with 000001, will be issued in numerical order as sales begin all over the state.
When the ticket number 300,000 is reached, sales will automatically stop. Lottery Commissioner M. Scott Bowen said that "Win For Life" not only gives player a new option to win and it also gives them the option to improve their win. Bowen said that they are looking forward to granting one lucky winner $1,000 a week.
Win For Life raffle tickets will be available at all lottery retailers like Club Keno locations. The drawing for the Win For Life will be take place on or after June 22nd, 2009 when 10,026 winning tickets will be pick. From all of the tickets sold, one lucky winner will be rewarded $1,000 a week for life (or twenty years to the winner's estate, whichever is bigger); twenty-five winners will be given a cash prize of $50,000 each and 10,000 winners will be given a cash prize of $100 each.
The lottery commission said that this is more than $3 million in prizes to thousands of lucky winners. Players can see Win For Life results at michigan.gov/lottery. Over ninety-five cents of every dollar spent on lottery tickets is given back to the state especially to the School Aid Fund, cash prizes to players and commission to the gaming retailers.
In the fiscal year 2008, the overall contribution to schools was $740.7 million. Since its beginning in 1972, the Michigan Lottery has contributed more than $15 billion to education in Michigan. The state's yearly school budget is more than $10 billion annually.
[21-05]
John Sullivan
