Cash4Life is an American multi-jurisdictional lottery drawing game; it is currently offered in nine states. Ticket sales began on June 13, 2014 in New York and New Jersey; the first drawing took place three days later.
Each game costs $2; New Jersey players of Cash4Life (beginning on May 15, 2017) can add a $1 "side bet" that doubles non-"lifetime" prizes. Players choose 5 of 60 numbers in the main field, and 1 of 4 (hence, the "4" in the game's name) green "Cash Ball" numbers in a second field. Players also have the option to have the terminal randomly select the numbers in both fields, which is known as "Quick Pick" in Florida, Indiana, Maryland, New Jersey, New York, Pennsylvania, and Tennessee, "Quick Pik" in Georgia, and "Easy Pick" in Virginia. Matching all six numbers wins, or shares ("split-prize liability"), the equivalent of $1,000-per-day-for-life, or $7,000,000 cash, at the winner's option. Second prize, however, can have multiple winners of $1,000-per-week-for-life and/or $1,000,000 cash. (New Jersey Lottery regulations require that a player choose cash or annuity when playing; a "cash" ticket is binding, while an "annuity" ticket can be changed to cash after winning.) The official cutoff for ticket sales occurs approximately 15 minutes prior to each drawing.
Video Cash4Life
Odds and Prizes
The current overall odds of winning are approximately 1:7.76.
+ The top two annuitized prizes, third prize, and the $1,000 Doubler NJ prize each have a liability limit. If there are an excessive number of winners of a "lifetime" prize tier, such prizes will automatically be paid in cash to each winner. Cash option values (which can change periodically) are $7,000,000 for the top prize, and $1,000,000 for second prize.
?The top prize is "split-prize liability"; in essence, a non-progressive jackpot.
°Beginning on May 15, 2017, Doubler NJ (available only in New Jersey) can be added to each Cash4Life play for $1 extra. All the non-"for Life" prizes doubles a player's winnings. Doubler NJ applies to each $3 play on a ticket.
The prize pool is 55 percent of sales.
Cash4Life winnings are subject to state and Federal taxes, except for tickets sold in Pennsylvania to its residents; however, a bill introduced in May 2015 would tax Pennsylvania Lottery winnings of $600 or more regardless of residence. (The state of Florida does not tax income, including gambling wins.)
Maps Cash4Life
Drawings
Cash4Life drawings are held live from Studio B (aka the Cash4Life studio) at New Jersey Lottery headquarters in Lawrence Township, New Jersey every Monday and Thursday evening at 9:00 p.m. EST on Livestream. Since the game began, most of the drawings have been emceed by the full-time host of the New Jersey Lottery drawings, Erica Young, with Kaitlyn Cunning as the substitute host. Each drawing is supervised by an auditor from Hamilton, New Jersey-based Mercadien P.C., a CPA and Asset Management firm.
Two Magnum model drawing machines are used in each Cash4Life drawing. The larger machine (Magnum II) is used for mixing the 60 white balls, and the smaller one mixes the four green Cash Balls. The drawing machines are manufactured by Smartplay International of Edgewater Park, New Jersey. The balls are mixed and moved around using counter-rotating arms which randomly mix the balls. Individually, each ball (several seconds apart) drop through a hole in the bottom of each mixing drum .
Hosts
- Erica Young
- Kaitlyn Cunning
Cash4Life members
Participating Lotteries (9)
+ Original member
1998-2000 MUSL game
Cash4Life was also the name of a significantly different game offered from March 30, 1998 to September 7, 2000 by the Multi-State Lottery Association (MUSL). The top prize, $1,000-per-week-for-life (no cash option), was won if the player's primary set of two-digit numbers (00 through 99) matched those drawn. It was offered in Indiana, Iowa, Kansas, Minnesota, Montana, Nebraska, New Hampshire, South Dakota, West Virginia, Wisconsin, and the District of Columbia.
See also
- Lucky for Life, a similar game that began in Connecticut (as Lucky4Life) in 2009; available in 24 states and the District of Columbia as of September 2017. (All Cash4Life members except Florida border at least one Lucky for Life member.)
References
https://www.galottery.com/en-us/media-center/pressreleaseinput/2016/august/georgia-lottery-launches-new-cash4life-game.html
Florida Lottery Cash4Life
External links
Official website
Source of the article : Wikipedia
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