LITTLE ROCK, Ark. – For $5 a play, Arkansans have a chance to win $1 million a year for life with the Millionaire for Life™ lottery game, operated by the Arkansas Scholarship Lottery. Drawings are held daily at 10:15 p.m. Central Time, offering a potentially life-altering prize for those who match all the selected numbers. The game, which allows players to purchase tickets up until 9:15 p.m. CT on draw nights, presents a unique opportunity for financial security through a 20-year annuity or a lump-sum cash option.
The premise is simple: players select five numbers from 1 to 58, and one “Millionaire Ball™” number from 1 to 5. While the odds of hitting the jackpot are significant, the allure of a guaranteed annual income for life continues to draw players. The Arkansas Scholarship Lottery emphasizes that the Millionaire Ball™ number can, in fact, match one of the five white ball numbers, adding another layer of possibility to the game.
Understanding the Prize Structure
The top prize in Millionaire for Life™ is indeed $1 million annually for life, but a second-tier prize of $100,000 a year for life is also available. Both prizes offer winners a choice between receiving the money as an annuity – a guaranteed payout over 20 years – or opting for a one-time cash payment. The Arkansas Lottery notes that the advertised prize amounts are subject to applicable taxes and withholdings. If multiple winners share the top prize, the winnings will be split equally among them, potentially affecting the individual payout amount.
How to Play and Where to Purchase
Players can choose their own numbers or utilize the “Quick Pick” option, allowing the lottery terminal to randomly select them. The Arkansas Scholarship Lottery also offers the option to purchase tickets for multiple future draws, known as “Multi Draws,” allowing players to participate in up to 20 consecutive drawings. Tickets can be purchased at any Arkansas licensed lottery retailer. A directory of locations can be found on the Arkansas Lottery’s website: Find a lottery retailer near you.
Important Considerations for Players
The Arkansas Lottery stresses the importance of safeguarding lottery tickets. Tickets are considered “bearer instruments,” meaning whoever possesses the ticket is presumed to be the owner. It’s crucial to sign the back of the ticket immediately after purchase. Lost or stolen tickets are not replaceable with a playslip or store receipt. Prizes must be claimed within 180 days of the draw date. Unclaimed prizes revert back to the states based on their proportion of sales contributing to the prize pool.
Points for Prizes® and Ticket Eligibility
Players can also maximize their lottery experience by entering both winning and non-winning Millionaire for Life™ tickets into “The Club” for Points for Prizes®. This program allows players to accumulate points redeemable for various rewards. Tickets can be entered online via the 20-digit Points for Prizes code or through the “AR Lottery + Club” mobile app, available on both Google Play and the Apple App Store. Tickets must be entered within 180 days of the purchase or draw date to be eligible.
Draw Location and Verification
Millionaire for Life™ drawings are conducted in Des Moines, Iowa. Previous draw results are available for viewing online at powerball.com/millionaire-for-life, allowing players to verify their numbers and check for winning combinations.
The Arkansas Scholarship Lottery provides comprehensive answers to frequently asked questions on its website, covering topics ranging from prize claiming procedures to what happens if a winner dies during the annuity payout period. In the event of a winner’s death within the 20-year annuity period, remaining payments will be directed to their estate or designated beneficiary, according to lottery rules and regulations.
As the Arkansas Scholarship Lottery continues to offer this daily opportunity, players are reminded to play responsibly and to review the official game rules for complete details regarding prize structures, claiming procedures, and eligibility requirements.
The next Millionaire for Life™ draw is scheduled for Tuesday, February 24, 2026, at 10:15 p.m. CT. Players interested in participating can purchase tickets at authorized retailers throughout Arkansas until 9:15 p.m. CT that evening.
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