An Iowa City man has claimed a prize of $25,000 a year for life he won earlier this week with a lottery ticket he bought at a local convenience store.
Joseph White, 75, is Iowa’s sixth big winner in the Lucky for Life game since its 2016 debut here. He bought an easy pick ticket at the Kum & Go at 1310 S. Gilbert St. in Iowa City that matched the first five numbers but missed the Lucky Ball in Monday night’s drawing to win the game’s second prize of $25,000 a year for life.
Lucky for Life is a $2 game with drawings twice a week, at 9:38 p.m. on Mondays and Thursdays. The game’s top two prize levels are described as “lasting as long as you do,” meaning that they are truly for life. The minimum guaranteed payout for those two prize levels is 20 years, and there is a lump-sum option for those who prefer that rather than lifetime annuity payments. White chose to receive his prize as the lump-sum option.
The winning numbers in Monday’s Lucky for Life drawing were: 1-16-27-39-45 and Lucky Ball 10. Kum & Go will receive a $500 bonus from the lottery for selling White’s ticket at one of its stores.
Lucky for Life Prize: $25,000 a year for life
Chosen to receive as: $390,000 lump-sum option
Federal withholding: $93,600
State withholding: $19,500
Net amount: $276,900
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