GREENSBORO, N.C. — A Greensboro man became a "Lucky for Life" lottery winner on Saturday. He played a game that will pay out $25,000 a year for the rest of his life.
Kerry Peay bought a Lucky for Life lottery ticket online. He beat the odds of one in 1.8 million to match all five numbers.
The Lucky for Life lottery pays out every year for the rest of a winner’s life. However, the winner can choose to receive the prize as a lump sum of $390,000. Peay decided to grab it all in one lump sum leaving him with $276,000 after taxes.
There are 10 ways to win Lucky for Life. The grand prize is $1,000 a day for life.
Lucky for Life is one of four lottery games in North Carolina where players can buy their tickets on the web or through the NC Lottery Official Mobile App.
Ticket sales from draw games make it possible for the lottery to raise more than $900 million a year for education. For details on how $32 million raised by the lottery made a difference in Guilford County in 2020, visit the NC Lottery website and click on the “Impact” section.