Set For Life.

[melv16]

If I won the top prize of 10k a month for 30yrs and I died, say in 2yrs. Would my family be able to claim the prize money?

[evadora]

I believe they set up an anuity when you win. When you die the remainder goes to your next of kin .

[melv16]

Thanks for your reply.

[evadora]

You are welcome.

[THECORBYLOON]

It is paid to the Estate, not the next-of-kin.

[dannyk13]

Scroll down to 'What happens if a top prize winner dies?'
https://www.national-lottery.co.uk/games/set-for-life/about-set-for-life#What-happens-to-the-top-prize-money-if-a-winner-dies

[melv16]

^^scratches head^^:-)

[LadyCG]

My colleague knows someone who won the top prize. Apparently if she dies her husband automatically gets the rest in a lump sum.

£120,000 a year for 30 years is £3.6m. If you died 6 months into the 30-year term your spouse would get £3,540,000.

I haven't verified this (CBA) but this is what I was told.