53ER05-90. Cash for the Holidays Retailer Incentive Rules (Replaced by 53ER09-71)  


Effective on Thursday, November 17, 2005
  • 1(1) Beginning November 21, 2005, through December 30, 2005, players who purchase a $5 or more FLORIDA LOTTO™, MEGA MONEY™, or FANTASY 5® ticket will have the opportunity to win free FLORIDA LOTTO™ t35ickets, Million Dollar New Year’s Eve Drawing Entry Vouchers and coupons entitling players to cash prizes of $25, $50, $100 or $1,000.

    58(2) Cash Prize Coupons of $25, $50, and $100 can be redeemed instantly at any Lottery retailer. Retailers will receive a 1% cashing bonus on all Cash Prize Coupons paid in their stores between November 21, 2005, and February 28, 2006. Cash Prize Coupons of $1,000 must be claimed at a Lottery Office.

    112(3) Florida Lottery retailers who sell FLORIDA LOTTO, MEGA MONEY or FANTASY 5 cash prizewinning Cash for the Holidays tickets between Monday, November 21, 2005 and Friday, December 30, 2005 will receive bonus sales commissions. The retailer’s bonus sales commission will be 20% of the player’s prize value for each Cash Prize Coupon issued in the retailer’s store.

     

    170Cash for the Holidays Retailer Bonus Commissions

    177Player’s Instant Cash Prize

    181Retailer’s Bonus

    183Sales Commission

    185Estimated Total

    187Winners

    188$1,000

    190$200

    19150

    192$100

    193$20

    1941,000

    196$50

    197$10

    1985,000

    200$25

    201$5

    20230,000

     

    204(4) Florida Lottery retailers will receive their standard 5% sales commission on all on-line tickets sold and free FLORIDA LOTTO promotional tickets issued in their store.

    230(5) Florida Lottery retailers who sell FLORIDA LOTTO, MEGA MONEY, or FANTASY 5 tickets that win Cash for the Holidays prizes between Monday, November 21, 2005, and Friday, December 30, 2005, will qualify for a chance to win up to $50,000 in the Cash for the Holidays Retailer Drawing. Retailers will automatically be entered into the Retailer Drawing every time a Cash Prize Coupon, Million Dollar New Year’s Eve Drawing Entry Voucher or Cash for the Holidays free FLORIDA LOTTO ticket is issued in their store.

    317(6) The Cash for the Holidays Retailer Drawing will be held during the first week of January 2006. A computerized random drawing from the automatic retailer entries described in subsection (5) will select a total of twenty-one retailers. The first eligible retailer drawn will receive $50,000 cash. The next ten eligible retailers drawn will receive $10,000 each. If a selected retailer is deemed ineligible to receive a prize, the prize will be awarded to the next eligible retailer based on the order in which the retailers were drawn.

     

    407Cash for the Holidays Retailer Drawing Prizes

    414Prize

    415Statewide Winners

    417$50,000

    4191

    420$10,000

    42210

     

    423(7) All Florida Lottery retailers are eligible for Cash for the Holidays bonus commissions. All Florida Lottery retailers in good financial standing with the Florida Lottery at the time drawing prizes are awarded are eligible to win a prize in the Cash for the Holidays Retailer Drawing. A retailer can win more than one prize in the Cash for the Holidays Retailer Drawing.

    486(8) The eligibility of retailers selected in the Retailer Drawing will be determined following the drawing. Good financial standing is defined as having no dishonored unpaid electronic funds transfers or associated penalties or any other accounts receivable outstanding for more than sixty (60) days. Retailers whose Lottery contracts are terminated or inactivated prior to the 541prize 542award shall be paid the prize won provided said termination or inactivation was not due to noncompliance with Chapter 24, F.S., Chapter 53, F.A.C., or contract terms.

    569(9) The bonus sales commission will be reflected as an on-line adjustment on the retailer’s weekly Settlement Report. Prizes for the Cash for the Holidays Retailer Drawing will be awarded by check prior to January 31, 2006. Retailers will receive payment for Retailer Drawing prizes upon determination by the Lottery of the prize amount and retailer eligibility as set forth in this rule. Bonus commissions and drawing prizes will be reported to the Internal Revenue Service as compensation. The Lottery reserves the right to apply prizes won against outstanding debt for retailers meeting all eligibility requirements.

    665Specific Authority 66724.105(9), 66824.109(1), 66924.112(1) FS. 671Law Implemented 67324.105(9), 67424.112(1) FS. 676History–New 11-17-05.