Another $1 Million Scratch Ticket Winner

Not many scratch tickets have pay-offs in the millions of dollars, but the Iowa Lottery has two scratch tickets that have top prizes of $1 million: “Set For Life” and “$35 Million Cash Spectacular.” Just recently we had another lucky player come forward to claim the fifth top prize in our Set For Life scratch game.

We met Richard Bauder, 25, when he claimed his prize at the Iowa Lottery's headquarters in Des Moines last week. Bauder posed for a photo with Lottery CEO Terry Rich as he was presented with his ceremonial check for $1 million.

Bauder, who lives in Ankeny, bought his winning ticket at a local Casey's on W. First St.

Set For Life is a $20 scratch game with eight top prizes of $1 million. Players who win the top prize have the option of receiving it as an annuity or lump-sum payment. If the winner chooses to take the annuity, he/she will be paid $40,000 per year for a period of 25 years.
 
After speaking with his financial advisor, Bauder decided to receive his winnings in one lump sum.

Not to worry, you still have a shot at winning a million dollars because there are three top prizes of $1 million remaining in Set For Life, along with several hundred other prizes ranging from $100 to $10,000.

Also, the $35 Million Cash Spectacular scratch game has three top prizes still available.