53ER17-33. Game Number 1350, $500 A WEEK FOR LIFE  


Effective on Tuesday, June 27, 2017
  • 1(1) Name of Game. Game Number 1350, “$500 A WEEK FOR LIFE.”

    13(2) Game Number 1350, $500 A WEEK FOR LIFE is a Scratch-Off lottery game (also known as an instant lottery game).

    34(3) Price. $500 A WEEK FOR LIFE lottery tickets sell for $1.00 per ticket.

    48(4) $500 A WEEK FOR LIFE lottery tickets shall have a series of numbers in machine readable code (or bar code) on the back of the ticket, along with a validation number under the latex area on the ticket. To be a valid winning $500 A WEEK FOR LIFE lottery ticket, the ticket must meet the applicable requirements of Rule 53ER15-31, F110.111A112.113C.

    114(5) The “YOUR NUMBERS” play symbols and play symbol captions are as follows:

    127(6) The “WINNING NUMBER” play symbols and play symbol captions are as follows:

    140(7) The prize symbols and prize symbol captions are as follows:

    151(8) The legends are as follows:

       

    157(9) Determination of Prizewinners.

    161(a) A ticket having a play symbol and corresponding play symbol caption in the “YOUR NUMBERS” play area that matches the play symbol and corresponding play symbol caption in the “WINNING NUMBER” play area shall entitle the claimant to the corresponding prize shown for that symbol. A ticket having a “212” symbol in the “YOUR NUMBERS” play area shall entitle the claimant to double the prize shown for that symbol.

    232(b) The prizes are: $1.00, $2.00, $4.00, $5.00, $10.00, $20.00, $40.00, $100, $1,000 and247.

    248(10) $500 A WEEK FOR LIFE Top Prize Payment Options.

    258(a) A winner of a $500 A WEEK FOR LIFE top prize may choose one of two payment options for receiving his or her prize. Payment options are “cash option” or “annual payment.” At the time the $500 A WEEK FOR LIFE top prize is claimed, the terminal will produce a top prize player claim instructions ticket. The winner has sixty (60) days from the date the player claim instructions ticket is produced to file a claim choosing the cash option. Once the winner files a claim and exercises the winner’s chosen option, the election of that option shall be final. If a winner does not choose the Cash Option within the sixty (60) day timeframe, the Annual 376Payment option will be applied.

    381(b) Cash option prizes will be paid in a single cash payment of $410,000, less applica398ble federal withholding taxes.

    402(c) Annual payment prizes claimed by an individual will be paid in annual installments of $26,000, less applicable tax withholding taxes, for the life of the winner, with a minimum of twenty years. If the top prize is claimed by a trust, corporation or other legal entity, the life prize shall be fixed at twenty years.

    459(d460) 461At the end of the guaranteed twenty year payment period, winners receiving annual payments will be required to provide evidence satisfactory to the Lottery that they are still living. Thereafter, winners will be required to provide such evidence on an annual basis prior to receipt o507f their next scheduled payment.

    512(e) Any interest or earnings accruing on a $500 A WEEK FOR LIFE top prize prior to the prize payment shall accrue to the State of Florida and not to the winner.

    544(11) The estimated odds of winning, value, and number of prizes in Instant Game Number 1350 are as follows:

     

    563GAME PLAY

    565WIN

    566ESTIMATED

    567ODDS OF

    5691 IN

    571NUMBER OF

    573WINNERS IN

    575134 POOLS OF

    578240,000 TICKETS

    581PER POOL

    583$1

    584$1

    58510.71

    5863,001,600

    589$1 (2X)

    591$2

    59237.50

    593857,600

    595$1 x 2

    598$2

    59960.00

    600536,000

    602$2

    603$2

    60437.50

    605857,600

    607$1 x 4

    610$4

    611300.00

    612107,200

    614$1 (2X) + $2

    618$4

    619300.00

    620107,200

    622$2 (2X)

    624$4

    625300.00

    626107,200

    628$2 x 2

    631$4

    632300.00

    633107,200

    635$4

    636$4

    637300.00

    638107,200

    640$1 x 5

    643$5

    644500.00

    64564,320

    647$1 + $2 (2X)

    651$5

    652500.00

    65364,320

    655$1 + ($2 x 2)

    660$5

    661500.00

    66264,320

    664$1 + $4

    667$5

    668500.00

    66964,320

    671$5

    672$5

    673500.00

    67464,320

    676$2 + $4 (2X)

    680$10

    681750.00

    68242,880

    684$2 x 5

    687$10

    688750.00

    68942,880

    691$5 (2X)

    693$10

    694750.00

    69542,880

    697$5 x 2

    700$10

    701750.00

    70242,880

    704$10

    705$10

    706750.00

    70742,880

    709$5 (2X) + $10

    713$20

    7141,500.00

    71621,440

    718$4 x 5

    721$20

    7221,500.00

    72421,440

    726$10 (2X)

    728$20

    7291,500.00

    73121,440

    733($5 x 2) + $10

    738$20

    7391,500.00

    74121,440

    743$20

    744$20

    7451,500.00

    74721,440

    749$10 (2X) + $20

    753$40

    7544,800.00

    7566,700

    758($5 x 2) + ($10 x 3)

    765$40

    7665,333.33

    7686,030

    770$20 (2X)

    772$40

    7734,800.00

    7756,700

    777($10 x 2) + $20

    782$40

    7835,000.00

    7856,432

    787$40

    788$40

    7895,333.33

    7916,030

    793($20 x 3) + $20 (2X)

    799$100

    80024,000.00

    8021,340

    804($5 x 2) + $10 + ($40 x 2)

    813$100

    81424,000.00

    8161,340

    818$20 + ($40 x 2)

    823$100

    82424,000.00

    8261,340

    828$20 x 5

    831$100

    83224,000.00

    8341,340

    836$100

    837$100

    83824,000.00

    8401,340

    842$1,000

    844$1,000

    846240,000.00

    848134

    849$500/WK/LIFE

    850Top Prize

    8525,360,000.00

    8556

    856(12) The estimated overall odds of winning some prize in Game Number 1350 are 1 in 4.97. Prizes, including the top prizes, are subject to availability at the time of ticket purchase. Prizes may be unavailable due to prior sale or other causes occurring in the normal course of business including, but not limited to, ticket 912damage, defect, theft, or loss.

    917(13) For reorders of Instant Game Number 1350, the estimated odds of winning, value, and number of prizes shall be proportionate to the number of tickets reordered.

    944(14) Payment of prizes for $500 A WEEK FOR LIFE lottery tickets shall be made in accordance with the rule of the Florida Lottery governing payment of prizes. A copy of the current rule can be obtained from the Florida Lottery, Office of the General Counsel, 250 Marriott Drive, Tallahassee, Florida 32399-4011.

    996Rulemaking Authority 99824.105(9)(a), 999(b), (c), 100124.109(1), 100224.115(1) FS. 1004Law Implemented 100624.105(9)(a), 1007(b), (c), 100924.115(1) FS. 1011History10121013New 6-27-17.