Michigan Millionaire for Life Prizes & Odds
Every prize and the odds of winning it on one play.
Odds of winning any prize: 1 in 8.47. The top two prizes are paid yearly for life, for at least 20 years, or as one cash payment.
24% federal and 4.25% state tax are withheld from prizes over $5,000. What a prize pays after taxes
Reviewed by Bishop Woosley, former Director of the Arkansas Scholarship Lottery and NASPL President.

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More for Millionaire for Life Players
What a win pays after taxes, where to cash it, and other games’ prizes.
Good to know
- Keep MoreMichigan Lottery Tax Calculator Michigan taxes winnings at 4.25%. 24% federal and 4.25% state tax are withheld from prizes over $5,000.
- After You WinHow to Claim a Michigan Lottery Prize Up to $999 at any lottery retailer. You have one year to claim.
- Before You PlayMichigan Lottery Draw Times Drawn every day at 11:15 PM ET. Sales stop at 10:15 PM ET.
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Frequently Asked Questions
Answers about Michigan Millionaire for Life prizes and odds
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