Or. Admin. Code § 177-075-0020

Current through Register Vol. 63, No. 12, December 1, 2024

Section 177-075-0020 - Determination of Prize Winners

(1) General: Prizes shall be determined and awarded on the following basis: [Table not included. See ED. NOTE.]

(2) Grand Prize: A Grand prize of less than $100,000 will be paid in a lump sum. A Grand prize with a value of $100,000 and more will be paid in the form of the prevailing maximum acceptable annuity which can be purchased with the Grand prize pool. The annuity will provide for 30 equal periodic payments, the first immediately and the other 29 annually on the anniversary date (or the first regular business day thereafter) of the applicable Megabucks drawing.

(3) Match 5 of 6, 4 of 6, and 3 of 6 Prizes: Match 5 of 6 and 4 of 6 prize winners will be paid in a lump sum. Match 3 of 6 prize winners with a Kicker game play will be paid in a lump sum. Match 3 of 6 prize winners who did not select a Kicker game play on the winning ticket shall receive a free Megabucks ticket valued at $1.00 except when such prize is redeemed at Lottery Headquarters, or other locations designated by the Director, in which event the winner will either be paid $1.00 by check or receive a free $1 ticket.

(4) Highest Prize: Players are eligible to receive only the highest prize for each winning game play.

(5) Rounding: Notwithstanding the allocations in section (1) of this rule, shares in each prize category shall be rounded down to the nearest $0.10 and each winning game play in each prize category shall be considered to be a single unit equal to one share of that prize category. All breakage (amounts left over after rounding down) shall be carried forward to the prize pool for the next drawing.

Or. Admin. Code § 177-075-0020

SLC 11-1985(Temp), f. & ef. 10-24-85; SLC 6-1986, f. & ef. 3-5-86; SLC 12-1986, f. 5-28-86, ef. 6-1-86; SLC 22-1986(Temp), f. 8-26-86, ef. 9-21-86; LC 19-1987, f. & ef. 9-28-87; LC 4-1990, f. & cert. ef. 4-3-90; LC 9-1990, f. 7-20-90, cert. ef. 8-5-90; LC 8-1992, f. & cert. ef. 7-23-92; LC 6-1993, f. & cert. ef. 7-2-93; LC 3-1994, f. 2-24-94, cert. ef. 3-1-94; LC 3-1995, f. & cert. ef. 4-27-95; LOTT 8-2001(Temp), f. & cert. ef. 5-18-01 thru 11-9-01; LOTT 11-2001, f. & cert. ef. 8-7-01; LOTT 16-2002(Temp), f. 9-6-02, cert. ef. 9-9-02 thru 3-6-03; LOTT 27-2002, f. & cert. ef. 11-25-02; LOTT 1-2015, f. 9-25-15, cert. ef. 10/4/2015

Tables referenced are not included in rule text. Click here for PDF copy of table(s)

Stat. Auth.: OR Const. Art. XV, Sec. 4(4)

Stats. Implemented: ORS 461.220