"SET FOR LIFE" SCRATCH TICKET OFFERS PLAYERS A CHANCE TO WIN UP TO $1 MILLION!

Click here for media-ready jpeg image of the Set For Life instant-scratch ticket.

New Game Offers Eight Top Prizes of $1,000,000

DES MOINES, Iowa - The Iowa Lottery has released a new instant-scratch game that offers players several chances at $1 million. The “Set for Life” instant-scratch game offers eight top prizes of $1 million.

“This is the first time we've offered so many top prizes of $1 million on an instant-scratch ticket,” said Joe Hrdlicka, Vice President of Marketing. “We're very excited to offer a game that will make eight lucky players ‘set for life.’”

With more than $17 million in prizes available, the game offers eight top prizes of $1 million, 17 prizes of $10,000, and more than 316,000 prizes of $1,000 or less.

Iowa Lottery representatives began to deliver the game to retailers on Monday and by Friday, it will be available at lottery retailers throughout Iowa.

The Set for Life instant-scratch game is a $20 game. When players match any of “their numbers” to any “winning number,” they win the prize shown for that play area. If they find a “$$” symbol, they win the prize shown instantly. The overall odds of winning in the game are about 1 in 3.

Players who win the $1 million top prize have the option of taking the prize as an annuity or lump-sum payment. If the winner chooses to take the annuity, he/she will be paid $40,000 per year for a period of 25 years. If the winner chooses to receive the lump-sum payment, he/she will receive $650,000 before taxes.

Grand prizes must be claimed at Iowa Lottery headquarters in Des Moines.

For more information, log onto the lottery Web site at www.ialottery.com.

Since the Iowa Lottery's inception in 1985, more than $2 billion has been awarded in prizes and more than $1 billion has been raised for state programs.