A new national draw game, Millionaire for Life, is giving players the chance to win the jackpot of a lifetime with drawings every day!

Millionaire for Life is scheduled to launch Feb. 22. Each ticket will cost $5 and offer players a chance to win a grand prize of $1 million a year for life and a second-tier prize of $100,000 a year for life. Other prizes range from $8 up to $7,500. A full prize matrix is available here.

To play, players will use a play slip to select five white balls ranging from 1 to 58 and one Millionaire Ball ranging from 1 to 5. An easy pick option will also be available. Players will match the numbers on their ticket to the numbers drawn in the corresponding drawing for their ticket to win a prize.

Millionaire for Life will replace the current Lucky for Life game. The last Lucky for Life drawing will take place Feb. 21.

Millionaire for Life may be played at Lottery retailers across the state or online at MichiganLottery.com. Drawings will take place daily at 11:15 p.m.