About Millionaire for Life™
Millionaire for Life™ is a multi-state daily draw game. Play for your chance to win $1,000,000 a year for LIFE!
How To Play
Millionaire for Life costs $5 per play and has the BEST ODDS of all the lotto games with the HIGHEST daily jackpot in lottery history.
Choose 5 out of 58 numbers for the white balls, then pick your Millionaire Ball™ number from 1 to 5.
You can choose your own numbers or ask for an Easy Pick to have the lottery terminal or self-service kiosk to select the numbers on your ticket. Check the multi-draw box to buy tickets for up to 10 consecutive drawings at a time.
Millionaire for Life drawings are held daily at approximately 10:15 p.m. Here in Iowa, tickets may be purchased until 9:15 p.m. each day.
Prizes & Odds
The set prize amounts for the top prize and tier 2 prize published here are based on the expected number of winners sharing in the prize pool. In some cases, these prizes may be paid on a pari-mutuel basis and will be lower than these prize levels.
There are nine prize levels in the game. Millionaire for Life prizes won in Iowa must be claimed within 180 days of the drawing in which they were won.
Millionaire for Life Top and Tier 2 Prize Options
Millionaire for Life’s top two prize levels are described as “lasting as long as you do,” meaning that they are truly for life. The minimum guaranteed payout for those two prize levels is 20 years, and there is a lump-sum option for players who prefer that rather than lifetime annuity payments
Top Prize
| Winners | Annuitized Payment Option | Cash Option |
|---|---|---|
| 1 | $1 Million a year for life | $18,000,000 |
| 2-20 | $1 Million a year for life divided* | Divided** |
| 21 or more | No annuitized payment option | Divided** |
Tier 2 Prize
| Winners | Annuitized Payment Option | Cash Option |
|---|---|---|
| 1-20 | $100,000 a year for life | $2,200,000 |
| 21 or more | No annuitized payment option | Divided** |
*A minimum annuitized prize value is $50,000 per year for life.
**See game rules Section 6.C. Prize Liability Limitation.
Players have 60 days from the date they claim their prize to choose the cash or annuity payment option. Prizes that are governed by “split-prize” liability are divided equally among the winning tickets and may be less than shown.
For further details, see the official Game Rules.
History
Millionaire for Life launched Feb. 22, 2026, in Iowa and 30 other jurisdictions.
The game joined the Multi-State Lottery Association (MUSL) lineup, which also includes Powerball and Lotto America in Iowa.