Cash4Life is a different type of lottery though, where there is technically no lump sum to be paid out to the winner. Instead, it is as the name suggests. The winner of the Cash4Life lottery top ...

This second prize guarantees a minimum payout of $1 ... The amount of the lump sum payment is equal to the estimated cash required to purchase the annuity. The Cash4Life drawing takes place ...

This second prize guarantees a minimum payout of $1 ... The amount of the lump sum payment is equal to the estimated cash required to purchase the annuity. The Cash4Life drawing takes place ...

clinched the Cash4Life game's grand prize in the Sunday, August 18 drawing. The win guarantees a minimum payout of $7 million, but lottery officials said the company opted for a lump sum and ...