That’s the question the New York Lottery asks on its Cash4LIFE game ... of $52,000 per year or a one-time lump sum payment at the election of the winner,” the New York Lottery rules state.

The CASH4LIFE top prize guarantees a minimum payout of $7 million. Lanfranko opted to receive the cash value of the minimum payout, and took home a one-time lump sum payment of $4,285,680 ...