What would you do with $1,000 per day for the rest of your life?
A couple in Canon City this week faced that question after becoming Colorado’s first grand prize winners in the Lucky for Life lottery game. Instead, they opted on Monday for a lump sum payout of $5.75 million.
The couple, who wish to remain anonymous, own a bar in Canon City. Investigators from the Colorado Lottery informed the manager of the bar that the winning ticket to Friday’s drawing was sold at their location. The owners checked their numbers and found out they had won big.
“They have been married 53 years and always spend their anniversary at the state fair, which is now,” Meghan Dougherty, Communications Manager for Colorado Lottery, said. “They are going to buy a new house so they can be on one level, due to some health issues. They are so excited!”
Winners of the top prize have the option of taking $365,000 a year for a minimum of 20 years, “or even longer — as long as you’re around!” according to the Lucky For Life website.
To win, players must match five numbers between 1 and 48, and match one “Lucky Ball” between 1 and 18. The odds of hitting the jackpot are 1 in 30.8 million, according to the Colorado Lottery.
Colorado began offering Lucky for Life in 2016, and is one of 23 states to do so. The state has had 19 second place winners since 2016, earning them $25,000 a year for life.
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