Connecticut resident wins $365k annual annuity with winning scratch-off
Stamford Daily Voice (CT)
After buying a top-prize winning ticket, one lucky Connecticut resident will receive $365,000 a year for the rest of their life.
The first top-prize-winning Lucky for Life ticket to be sold in 2023 was purchased in Fairfield County at Byram Smoke Shop in Greenwich at 111 Mill St., according to Connecticut Lottery.
The winning numbers were drawn on Saturday, March 4: 4, 7, 15, 17, 30, with a lucky ball of 5.
Being a "For Life" prize, the winner, whose name was not released, will receive at least 20 years' worth of guaranteed annual payments, although the payments could last longer depending on how long the winner lives.
If the winner chooses the annuity prize option, the minimum guaranteed amount that they could receive is $7.3 million. The top-prize "Cash Option," though, is worth $5.75 million.
Former NFL player indicted in Texas for health insurance fraud
As Catastrophic Storm Costs Rise, Could Mandatory Flood Insurance Help?
Advisor News
- SEC in ‘active and detailed’ settlement talks with accused scammer Tai Lopez
- Sketching out the golden years: new book tries to make retirement planning fun
- Most women say they are their household’s CFO, Allianz Life survey finds
- MassMutual reports strong 2025 results
- The silent retirement savings killer: Bridging the Medicare gap
More Advisor NewsAnnuity News
- Advising clients wanting to retire early: how annuities can bridge the gap
- F&G joins Voya’s annuity platform
- Regulators ponder how to tamp down annuity illustrations as high as 27%
- Annual annuity reviews: leverage them to keep clients engaged
- Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
More Annuity NewsHealth/Employee Benefits News
- Proposed changes to MA and Part D would harm seniors’ coverage in 2027
- Pan-American Life Insurance Group Reports Record 2025 Results; Premiums Reached $1.86 Billion and Net Income Totaled $110 Million as Company Enters Its 115th Year
- LightSpun and Smile America Partners Announce Partnership to Accelerate Dental Provider Enrollment to Expand Treatment for 500K Underserved Kids
- Lawmakers try again to change ‘reflection in the mirror’ for cancer patients
- IF FINALIZED, PROPOSED CHANGES TO MEDICARE ADVANTAGE AND MEDICARE PART D WOULD IMPACT SENIORS' COVERAGE AND CARE IN 2027
More Health/Employee Benefits NewsLife Insurance News
- How AI can drive and bridge the insurance skills gap
- Symetra Partners With Empathy to Offer Bereavement Support to Group Life Insurance Beneficiaries
- National Life Group Ranked Second by The Wall Street Journal in Best Whole Life Insurance Companies of 2026
- Majority of Women Now Are the Chief Financial Officer of Their Household, Allianz Life Study Finds
- Most women say they are their household’s CFO, Allianz Life survey finds
More Life Insurance News