As it happens, I am reading the Martin & Shaw book called
Particle Physics. Turn with me to page 101.
"A good approximation to the spectrum of positronium can be obtained by firstly considering only the Coulomb interaction between the electron and positron. [Potential = - alpha/r, where alpha is the fine structure constant and r is the distance between electron and positron.] The energy levels then have the same kind of form as those for the hydrogen atom.
E_n = -R/(2n^2).
Here R is the Rydberg constant, n is the principal quantum number... m/2 is the reduced mass. The level spacings are thus half those in hydrogen... In each level, the orbital angular momentum L is restricted to L<= n-1 as in hydrogen, while the total spin is the sum of the electron and positron spins... so that S=0 or S=1. The resulting states corresponding to the n=1 and n=2 bands are easily deduced... together with the corresponding values of parity
P=-(-1)^L
and C-parity
C=(-1)^(L+S)
... The 3S_1 state with n=1 is called orthopositronium and the 1S_0 state with n=1 is called parapositronium... In the positronium spectrum, different states corresponding to the same values of n are not exactly degenerate, but are split owing to small spin-dependent interactions... In particular, ortho- and parapositronium are split by an amount which is measured to be 8.45x10^-4 eV, so that parapositronium is the ground state. This splitting is the sum of two contributions. The first of these arises because the magnetic moment of the positron... gives rise to a magnetic field which interacts with the magnetic moment of the electron... The second contribution to the energy shift has no analogue in hydrogen. In the latter, the e p interaction is due to one-photon exchange, which gives rise to the spin-spin and spin-orbit interactions as well as the Coulomb force. While the same diagram occurs for positronium, there is an additional 'annihilation diagram.' Because annihilation occurs at a point, the contribution from the latter will be proportional to |Psi_nlm(0)|^2 and will vanish except for S-waves; and since the photon has spin-1 and angular momentum is conserved, only positronium states with J=1 will be affected. It thus shifts the energies of the 3S_1 states only... The ground state is itself unstable, and can decay via electron-positron annihilation... The rate is to a good approximation proportional to the squared wave function at the origin, which vanishes for all except S-waves." The book does not explicity calculate the decay rate, but it does say that the ratio of the lifetimes of parapositronium and orthopositronium ought to be approximately the value of the dimensionless fine structure contant. Experimentally, the lifetime ratio is 0.88x10^-3.
I have omitted some of the details in the book, but maybe what I included above will be of some help.
{As you may have already realized, when I typed things like "3S_1," the 3 is a leading superscript and the 1 is a trailing subscript.}