As Lich enters the battlefield, you lose life equal to your life total.
You don't lose the game for having 0 or less life.
If you would gain life, draw that many cards instead.
Whenever you're dealt damage, sacrifice that many nontoken permanents. If you can't, you lose the game.
When Lich is put into a graveyard from the battlefield, you lose the game.
Limited Edition Alpha
Near Mint Condition
A card in Near Mint condition shows minimal to no wear from shuffling or general play. Cards classified as Near Mint/Mint are generally indistinguishable from cards in an unsleeved deck of other Near Mint/Mint cards. Foils in this condition have little or no scuffing or clouding on the front and edges of the card.