53ER13-59. MEGA MONEY™.  


Effective on Monday, September 09, 2013
  • 1(1) How to Play MEGA MONEY™.

    7(a) MEGA MONEY is a lottery online 14terminal 15game in which players select four (4) numbers from a field of one (1) through forty-four (44) and one (1) MEGABALL® number from a separate field of one (1) through twenty-two (22).

    47(b) Players may make their MEGA MONEY ticket selections by marking a play slip or by telling the retailer their desired selections. There are five (5) panels on a play slip, each containing an upper play area and a lower play area. Each panel played will cost $1.00 per drawing. Players may mark their desired numbers on the play slip by selecting five (5) numbers (four (4) in the upper play area and one (1) in the lower play area) from each panel played, or may mark the “Quick Pick” box located at the bottom of each panel for the terminal to randomly select any or all of the five numbers from either or both play areas. 164A “Void” box is also located at the bottom of each panel and should be marked by the player if an error was made in his or her selections in a panel. For each panel played, the first four of the five numbers appearing in a single horizontal row on a MEGA MONEY ticket shall be the numbers selected from the upper play area of the play slip and the last number shall be the MEGABALL number selected from the lower play area of the play slip.

    251(c) 252Players may mark the $5 “Quick Picks” box to receive one (1) ticket with five (5) sets of five (5) randomly selected numbers for the next MEGA MONEY drawing, or may mark the $10 “Quick Picks” box to receive one (1) ticket with ten (10) sets of five (5) randomly selected numbers for the next MEGA MONEY drawing. Players may mark Quick Picks in addition to panel plays. Players must use only blue or black ink or pencil for making selections. Play slips must be processed by a retailer in order to obtain a ticket. Retailers also are authorized to manually enter numbers selected by a player.

    359(d360) Players may play up to thirty consecutive MEGA MONEY drawings by using the “advance play” feature. To use the advance play feature, players may either mark the number of drawings desired in the “Advance Play” section of a play slip or tell the retailer their desired number of consecutive advance drawings. The number of consecutive drawings marked will include the next available drawing and will apply to each panel (A-E) played. Advance play 434is not available 437with the Quick Picks box on the play slip446. In the event that a planned change in the MEGA MONEY game requires that the number of advance plays available for purchase be reduced to zero before implementation of the change, an advance play countdown schedule will be posted on the Lottery’s website, flalottery.com.

    491(2) MEGA MONEY Drawings.

    495(a) MEGA MONEY drawings shall be conducted two (2) times per week, on Tuesday and Friday.

    511(512b513) A MEGA MONEY ball set contains sixty-six (66) balls comprised of one (1) subset of forty-four (44) balls (“subset 1”) and one (1) subset of twenty-two (22) balls (“subset 2”). The balls in subset 1 are numbered one (1) through forty-four (44). The balls in subset 2 are numbered one (1) through twenty-two (22). A MEGA MONEY drawing machine contains two (2) separate mixing chambers and two (2) ball display devices.

    585(586c587) Four (4) balls from subset 1 and one (1) MEGABALL from subset 2 601will 602be 603selected in the drawing607. The numbers shown on the four (4) balls and the number shown on the MEGABALL, after certification by the Draw Manager and the Accountant, shall be the official winning numbers for the drawing.

    641(642d643) The Florida Lottery shall not be responsible for incorrect circulation, publication or broadcast of official winning numbers.

    661(3) MEGA MONEY Prize Divisions.

    666(a) MEGA MONEY is a pari-mutuel game. For each draw, 67650 677percent (50%) 679of 680net sales (gross sales less cancels 686and free tickets689) 690from the sale of MEGA MONEY tickets in the corresponding MEGA MONEY sales period shall be allocated as the winning pool for the payment of the Jackpot prize, second prize, third prize, fourth prize, fifth prize, 726sixth prize and seventh prize.

    731(b) Jackpot Prize.

    734The Jackpot prize pool shall consist of 54.32 percent 743(54.32%) 744of the winning pool plus any money carried forward from the prior draw until the Jackpot prize pool reaches the estimated cash equivalent of the deferred payment value of $2 million paid over twenty (20) years, at which point the Jackpot prize pool will be capped. When this threshold is met, the Jackpot prize pool will comprise zero percent of the winning pool in excess of the cap, and any money in excess of the cap shall roll down and be distributed among the second through the seventh prize levels according to the percentage each prize level comprises of the adjusted prize pool. The total winning prize pool, less the amou855nt required to achieve the cap [862not to exceed 54.32 percent 867(54.32%) 868of the total winning prize pool], 874shall comprise the adjusted prize pool.

    8801. If there is a Jackpot prize winner(s) in a drawing, the guaranteed Jackpot prize shall be divided equally among the Jackpot prize winners for that drawing.

    9072. 908If there is not a Jackpot prize winner in a drawing and the Jackpot prize pool is not capped, the Jackpot prize pool shall be carried over and added to the Jackpot prize pool of the next MEGA MONEY drawing.

    9483. If there is not a Jackpot prize winner in a drawing in which the Jackpot prize pool is capped, the capped amount shall be carried over to the next MEGA MONEY drawing and the 983money in excess of the cap shall be returned to an adjusted prize pool and then be distributed among the second through the 1006seventh prize levels according 1010to the adjusted percentage each prize level comprises of that winning prize pool.

    1023(1024c) Second Prize.

    1027When the Jackpot prize pool is not capped, the second prize pool shall consist of 1.72 percent 1044(1.72%) 1045of the winning pool for the drawing. When the Jackpot prize pool is capped, the second p1062rize pool shall consist of 3.75 1068percent 1069(3.75%) 1070of the adjusted prize pool for the drawing. The second prize pool shall be divided equally among the second prize winners for that drawing.

    1094(d) Third Prize.

    1097When the Jackpot prize pool is not capped, the third prize pool shall consist of 3.77 percent 1114(3.77%) 1115of the winning pool for the drawing. When the Jackpot prize pool is capped, the third prize shall consist of 8.20 percent 1137(8.20%) 1138of the adjust1141ed prize pool for the drawing. 1147The third prize pool shall be divided equally among the third 1158prize winners for that drawing.

    1163(e) Fourth Prize.

    1166When the Jackpot prize pool is not capped, the fourth prize pool shall consist of 118111.25 1182percent 1183(118411.251185%) 1186of the winning pool for the drawing. When the Jackpot prize pool is capped, the fourth prize pool shall consist of 24.50 percent 1209(24.50%) 1210of the adjusted prize pool for the drawing. The fourth prize pool shall be divided equally among the fourth prize winners for that drawi1234ng.

    1235(f) Fifth Prize.

    1238When the Jackpot prize pool is not capped, the fifth prize pool shall consist of 7.84 percent 1255(7.84 %) 1257of the winning pool for the drawing. When the Jackpot prize pool is capped, the fifth prize pool shall consist of 127817.25 1279percent 1280(128117.251282%) 1283of the adjusted prize pool for the drawing. The fifth prize pool shall be divided equally among the fifth prize winners for that drawing.

    1307(g) Sixth Prize.

    1310When the Jackpot prize pool is not capped, the sixth prize pool shall consist of 7.94 percent 1327(7.94%) 1328of the winning pool for the drawing. When the Jackpot prize pool is capped, the sixth prize pool shall consist of 18 percent 1351(18%) 1352of the adjusted prize pool for the drawing. The sixth prize pool shall be divided equally among the sixth prize winners for that drawing.

    1376(h) Seventh Prize.

    1379When the Jackpot prize pool is not capped, the seventh prize pool shall consist of 13.16 percent 1396(13.16%) 1397of the winning pool for the drawing. When the Jackpot prize pool is capped, the seventh prize pool shall consist of 141828.30 1419percent 1420(142128.301422%) 1423of the adjusted prize pool for the drawing. The seventh prize pool shall be divided equally among the seventh prize winners for that drawing.

    1447(i) Eighth Prize.

    14501. 1451An eighth prize shall consist of one free MEGA MONEY quick pick ticket ($1.00 value), except as provided in subparagraph (5)(i) 2. below. An eighth prize shall consist of one (1) free MEGA MONEY quick pick ticket regardless of whether the MEGA MONEY Jackpot prize pool is capped. Eighth prizes shall not utilize any portion of the winning prize pool or adjusted prize pool for the drawing. 

    15182. A player who submits by mail a MEGA MONEY lottery ticket which entitles the claimant to a free MEGA MONEY quick pick ticket and whose mailing address is outside the state of Florida will receive a check for $1.00 in lieu of an actual ticket.

    1564(j) If there is not a winner within one of the second through seventh prize categories for a drawing, the prize pool for that category shall be distributed for that drawing in accordance with the following table:

    1601PRIZE POOL CATEGORY FOR WHICH THERE IS NO WINNER

    1610PRIZE POOL CATEGORY TO WHICH THE NONWINNING PRIZE POOL CATEGORY IS ADDED

    1622Second Prize 1624 16254 of 4 

    16283 of 4 + MEGABALL

    1633Third Prize 1635 16363 of 4 + MEGABALL

    16413 of 4

    1644Fourth Prize 1646 16473 of 4

    16502 of 4 + MEGABALL

    1655Fifth Prize 1657 16582 of 4 + MEGABALL

    16631 of 4 + MEGABALL

    1668Sixth Prize 1670 16711 of 4 + MEGABALL

    16762 of 4

    1679Seventh Prize 1681 16822 of 4

    1685To fund future prizes in Lott1691ery games or for sp1696ecial Lottery prize promotions

    1700(k) 1701Any rounding 1703differences that derive from the distribution of the winning pool to the Jackpot and second through seventh prize pools will be deposited into a reserve account to be used for prizes or special prize promotions. Rounding differences will not be rolled into the Jackpot prize pool as in the FLORIDA LOTTO™ game because the percentage of the winning pool allocated to the Jackpot prize pool varies depending upon whether the Jackpot prize pool is capped. 1778When the Jackpot pool is capped, the prize distribution percentage to the 1790Jackpot prize pool becomes 0%.

    1795(l) 1796Except for the Jackpot prize, all prizes will be rounded down to the nearest fifty cents ($.50); provided, however, that the sixth and seventh prizes shall be no less than $2.00. All rounding differences will be deposited into 1834a reserve account to be used for prizes or special prize promotions. 1846If the funds available for the payment of sixth and seventh prizes are insufficient to pay the minimum amount, the percentage described in 1869paragraph 1870(3)(a) above will be adjusted or 1876funds available from any other funding source approved by the Legislature will be used 1890to cover the prize liability.

    1895(189641897) Determination of Prize Winners.

    1902(a) Wherever used, the terms “Jackpot prize” and “top prize” both refer to the highest prize level in the MEGA MONEY game.

    1924(b) In order for a ticket to be a winning ticket, numbers appearing in a single horizontal row on the ticket (A, B, C, D, E, F, G, H, I, or J) must match the official winning MEGA MONEY numbers in any order for the draw date for which the ticket was purchased, in one of the following combinations:

    19831. 1984Jackpot Prize: Four (4) numbers selected from the first subset of balls plus the MEGABALL number selected from the second subset of balls.

    20072. 2008Second Prize: Four numbers (4) selected from the first subset of balls excluding the MEGABALL number selected from the second subset of balls.

    20313. Third Prize: Three (3) numbers selected from the first subset of balls plus the MEGABALL number selected from the second subset of balls.

    20554. Fourth Prize: Three (3) numbers selected from the first subset of balls excluding the MEGABALL number selected from the second subset of balls.

    20795. Fifth Prize: Two (2) numbers selected from the first subset of balls plus the MEGABALL number selected from the second subset of balls.

    21036. Sixth Prize: One (1) number selected from the first subset of balls plus the MEGABALL number selected from the second subset of balls.

    21277. Seventh Prize: Two (2) numbers selected from the first subset of balls excluding the MEGABALL number selected from the second subset of balls.

    21518. Eighth Prize: No numbers selected from the first subset of balls and the MEGABALL number selected fr2169om the second subset of balls.

    2175(217652177) MEGA MONEY Odds of Winning.

    2183(a) The odds of winning the prizes described in subsection (3) are as follows:

    21971. 2198Jackpot Prize – 1:2,986,522.00

    22042. Second Prize – 1:142,215.33

    22103. Third Prize – 1:18,665.76

    22164. Fourth Prize – 1:888.85

    22215. Fifth Prize – 1:6382226.15

    22276. Sixth Prize – 1:75.57

    22327. Seventh Prize 2235 22361:30.39

    22378. Eighth Prize 2240 22411:32.68

    2242(b) The overall odds of winning a prize in a MEGA MONEY drawing are 1:12.58.

    2257(6) MEGA MONEY Guaranteed Jackpot.

    2262(a) For each drawing the Lottery will announce a guaranteed de2273ferred payment value of the MEGA MONEY Jackpot that can be won by a single player, based upon the estimated cash value of the Jackpot pool determined by projected and historical sales figures, current interest rates, and funds from rollovers. For each MEGA MONEY drawing, the deferred payment value of the MEGA MONEY Jackpot prize that can be won by a single player shall be guaranteed at a minimum of $500,000 paid over twenty (20) years except as set forth in paragraph (7)(e) below.

    2358(b) 2359For prizes to be paid in annual installments, 2367if the cash available in the Jackpot prize pool is insufficient at the time the ticket is claimed to yield the announced guaranteed Jackpot value over the 2394designated 2395deferred payment period, the Lottery shall add to the Jackpot prize pool 2407funds available from any other funding source approved by the Legislature 2418to render it sufficient 2422to yield the announced guaranteed Jackpot2428.

    2429(c) For prizes to be paid in annual installments, if the cash available in the Jackpot pool is more than sufficient at 2451the time the ticket is claimed 2457to yield the announced guaranteed Jackpot value over the designated deferred payment period, the Lottery shall deposit the excess funds into a reserve account to be used for prizes or special prize promotions.

    2490(d) The guaranteed cash option value of the Jackpot will be the amount required on the day of the drawing or, if the drawing is held on a holiday, the business day prior to the drawing, to purchase securities to fund the announced guaranteed deferred payment value of the Jackpot. This day shall be referred to as the “prize determination day.”

    2551(e) For prizes to be paid in a single cash payment, if the cash available in the Jackpot pool is insufficient on the prize determination day to yield the announced guaranteed Jackpot value over the designated deferred payment period, the Lottery shall add to the Jackpot pool 2598funds available from any other funding source approved by the Legislature 2609to render it sufficient to yield th2616e announced guaranteed Jackpot.

    2620(f) 2621For prizes to be paid in a single cash payment, if the cash available in the Jackpot pool is sufficient on the prize determination day to yield more than the announced guaranteed Jackpot value over the designated deferred payment period, the Lottery shall deposit the excess funds into a reserve account to be used for prizes o2678r special prize promotions.

    2682(7) MEGA MONEY Payment Options.

    2687(a) Players can choose one of two payment options for receiving their portion of the MEGA MONEY Jackpot prize. Payment options are “Cash Option” and “Annual Payment.”

    2714(b) Jackpot prize winners have sixty (60) days after the winning draw date to choose between the two (2) payment options. Once the Jackpot prize winner files a 2742claim and exercises the winner’2747s chosen option, the election of that option shall be final. In order to select the Cash Option, the Jackpot prize winner must submit his or her ticket for payment within sixty (60) days after the winning draw date. If the Jackpot prize winner does not file a claim electing the Cash Option within sixty (60) days after the winning draw date, the Annual Payment option will be applied, except as provided in paragraph (7)(f) below.

    2823(c) A Jackpot prize winner who chooses the Cash Option will receive one (1) lump sum cash payment of 2842the amount required on the prize determination day to purchase securities to fund the announced guaranteed Jackpot paid over twenty (20) years, less applicable withholding taxes. The amount of the Cash Option payment to multiple Jackpot winners will be their pro rata share of 2886the amount required 2889on the prize determination day 2894to purchase securities to fund 2899the announced guaranteed Jackpot paid over twenty (20) years, les2909s applicable withholding taxes.

    2913(d) If a Jackpot prize winner elects the Annual Payment option, his or her portion of the guaranteed Jackpot prize will be paid in twenty (20) annual installments, each less applicable withholding taxes.

    2946(e) If the prize amount per winner in a MEGA MONEY drawing cannot be paid in increments of $1,000 in twenty (20) installments, the winner’s share of the prize pool will be invested in U.S. Treasury securities that will yield the maximum amount possible over twenty (20) years as can be reached in increments of $1,000. If the amount the investment will yield is less than the guaranteed Jackpot amount, the present value of the difference between the amount the investment will yield and the winner’s guaranteed prize amount over twenty (20) years will be paid to the winner in the first payment. The following example illustrates such payment. All payment amounts are less tax withholding.

    3064Example:

    3065Guaranteed Jackpot prize

    3068$   500,000

     

    3071Number of winners:

    3074$              2

     

    3076Guaranteed prize per winner ($500,000 ÷ 2)

    3084$   250,000

     

    3087Annual Payment ($250,000 ÷ 20)

    3093$     12,500

     

    3096Maximum Security Available for annual payments

    3102$     12,000

     

    3105Total Annual Payments

    3108$   240,000

     

    3111Difference between guaranteed prize and investments available

    3118$     10,000

     

    3121Present Value of Difference to be added to the 1st payment *

    3133$    X,XXX

     

    3136* Will be calculated based on current interest rates at the time the investments are purchased.

     

    3152The provisions of this paragraph (7)(e) shall not be construed to prohibit the Lottery from investing collectively, in a single U.S. Treasury security, the prize pool shares of multiple winners of the same drawing who all elect the Annual Payment option, and distributing the prize winnings on a pro rata basis in increments other than $1,000.

    3209(f) 3210If the number of winners of a guaranteed Jackpot prize results in each person’s prize being less than $100,000 paid over twenty (20) years, the Lottery shall pay the Jackpot winners in a single cash payment of their pro rata share of the amount required on the prize determination day to purchase securities to fund the announced guaranteed Jackpot paid over twenty (20) years, less applicable withholding taxes.

    3279(g) Federal income taxes shall be applied and withheld from the prize amount at the time payment is made, pursuant to applicable provisions of the Internal Revenue Code and Code of Federal Regulations.

    3312(h) Any interest or earnings accrued on a MEGA MONEY Jackpot prize prior to the prize payment, under either the Cash Option or the Annual Payment Option, shall accrue to the State of 3345Florida 3346and not to the winner.

    3351(8) MEGA MONEY Rules and Prohibitions.

    3357(a) By purchasing a MEGA MONEY ticket, a player agrees to comply with and abide by all rules and regulations of the 3379Florida 3380Lottery.

    3381(b) MEGA MONEY prize payments shall be made in accordance with rules of the 3395Florida 3396Lottery governing payment of prizes. A copy of the current rule can be obtained from the 3412Florida 3413Lottery, Office of the General Counsel, 3419250 Marriott Drive, 3422Tallahassee, 3423Florida 342432399-40113425.

    3426(3427c3428) Subject to a retailer’s hours of operation and online system availability, MEGA MONEY lottery tickets are available for purchase daily between the hours of 6:00 a.m. and 12:00 midnight, Eastern Time (ET).

    3461(3462d3463) The scheduled time for the Tuesday and Friday MEGA MONEY drawings is approximately 11:15 p.m., ET. Ticket sales for a specific MEGA MONEY drawing will close at approximately 10:40 p.m., ET. Any ticket sold after the close of game will 3504be printed with the next MEGA MONEY draw date.

    3513(3514e3515) Retailer cancellations of MEGA MONEY tickets can only be performed by the retailer who sold the ticket, using the selling terminal’s optical mark reader, and within two (2) hours after printing, except that no MEGA MONEY ticket can be canceled after game close for the related drawing and no eighth prize (free MEGA MONEY quick pick ticket) can be canceled at any time. The two (2) hour ticket cancellation period may be reduced due to the selling retailer’s hours of business operation, the hours of online system availability, or the time of the related MEGA MONEY close of game.

    3615(3616f3617) It is the responsibility of the player 3625to determine the accuracy of selected panels of numbers and date(s) on tickets. In the event that a ticket given to the player by the retailer contains selections which are not consistent with the player’s selections, it shall be the responsibility of the player to immediately advise the retailer of that fact. In such event and upon request of the player 3686within the time period specified herein, the retailer shall make a good faith effort to cancel the ticket. A retailer is not required to cancel a ticket produced upon request of the player by the quick pick method of number selection.

    3727Rulemaking 3728Authority 372924.105(9)(a), 3730(b), (c), (d), (e), (f), (h), 373624.109(1), 373724.115(1) FS. 3739Law Implemented 374124.105(9)(a), 3742(b), (c), (d), (e), (f), (h), 374824.115(1), 374924.124(1) FS. 3751History37523753New 9-9-13, Replaces 53ER12-39.