53ER23-10. Game Number 1518, THE PRICE IS RIGHTTM

(1) Name of Game. Game Number 1518, THE PRICE IS RIGHTTM.

(2) Game Number 1518, THE PRICE IS RIGHT is a Scratch-Off lottery game (also known as an instant lottery game).

(3) Price. THE PRICE IS RIGHT lottery tickets sell for $5.00 per ticket.

(4) THE PRICE IS RIGHT 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 THE PRICE IS RIGHT lottery ticket, the ticket must meet the applicable requirements of Rule 53ER23-8, Payment of Prizes, F.A.C.

(5) There are two GAMES (GAME 1 and GAME 2). Each GAME is played independently. Play symbols used in GAME 1 cannot be applied to GAME 2; play symbols used in GAME 2 cannot be applied to GAME 1.

(6) GAME 1 play symbols and captions, prize symbols and captions, fixed symbols, and determination of prizewinners.

(a) There are two Showcases in GAME 1 (SHOWCASE 1 and SHOWCASE 2). Each Showcase is played independently. Play symbols used in Showcase 1 cannot be applied to Showcase 2; play symbols used in Showcase 2 cannot be applied to Showcase 1.

(b) The play symbols and play symbol captions that may appear in the YOUR BID play areas are:

(c) The play symbols and play symbol captions that may appear in the ACTUAL PRICE play areas are:

(d) The prize symbols and symbol captions that may appear in SHOWCASE 1 and 2 play areas are:

(e) SHOWCASE 1 and 2 fixed symbols are:

(f) Determination of prizewinners. For each of SHOWCASE 1 and 2, a ticket having play symbols and corresponding play symbol captions in the YOUR BID play area that match the play symbols and corresponding play symbol captions in the ACTUAL PRICE play area shall entitle the prizewinner to the corresponding prize shown for that SHOWCASE. The YOUR BID play symbols and play symbol captions must appear in the exact sequence and order, reading from left to right, as those shown in the ACTUAL BID play area. 

(7) GAME 2 play symbols and captions, prize symbols and captions, fixed symbols, and determination of prizewinners.

(a) The play symbols and play symbol captions that may appear in the WHEEL NUMBERS play area are:

(b) The play symbols and play symbol captions that may appear in the WINNING NUMBERS play area are:

(c) The prize symbols and prize symbol captions that may appear in the WHEEL NUMBERS play area are:

(d) The fixed symbols are:

(e) Determination of prizewinners. A ticket having a play symbol and corresponding play symbol caption in the WHEEL NUMBERS play area that matches a play symbol and corresponding play symbol caption in the WINNING NUMBERS play area shall entitle the prizewinner to the corresponding prize shown for that symbol. A ticket having a symbol and symbol caption in the WHEEL NUMBERS play area shall entitle the prizewinner to all twelve (12) prizes shown.

(8) A player may win up to fourteen (14) times on a ticket.

(9) $1,000,000 Prize; Payment Options.

(a) A prizewinner of a $1,000,000 prize may choose one of two payment options for receiving his or her prize. Payment options are One-Time Cash Payment or Annual Payments. At the time the $1,000,000 prize is claimed, the terminal will produce a player claim instructions ticket. The prizewinner has sixty (60) days from the date the player claim instructions ticket is produced to file a claim choosing the One-Time Cash Payment. If a prizewinner does not choose the One-Time Cash Payment within the sixty (60) day timeframe, the Annual Payment option will be applied. Once the prizewinner files a claim and exercises the winner’s chosen option, the election of that option shall be final. The Annual Payment method of payment will also be final when it is applied due to a $1,000,000 prize winner not making his or her payment election within sixty (60) days after the player claim instructions ticket is produced.

(b) A winner of a $1,000,000 prize who elects the One-Time Cash Payment shall receive a single cash payment of $640,000.00, less applicable federal income tax withholding.

(c) Annual Payments will be paid in twenty-five (25) equal annual installments. A prizewinner of a $1,000,000 prize who elects the Annual Payment option, or has it applied, shall receive annual installments of $40,000.00 per year, less applicable federal tax withholding.

(10) The odds of winning, value, and number of prizes in Game Number 1518 are as follows:

GAME PLAY – GAME 1	GAME PLAY – GAME 2	WIN	ODDS OF 1 IN	NUMBER OF WINNERS IN 190.99 POOLS OF 120,000 TICKETS PER POOL
	$5	$5	10.00	2,292,135
	$2 x 5	$10	60.02	381,881
	$5 x 2	$10	59.99	382,033
$5 x 2		$10	30.01	763,814
$10		$10	30.00	764,083
	$10	$10	60.00	381,988
	$2 x 10	$20	300.01	76,396
$10	$10	$20	300.02	76,393
	$5 x 4	$20	299.98	76,403
	$10 x 2	$20	299.98	76,403
	$20	$20	299.80	76,448
	($2 x 10) + $5	$25	857.73	26,721
	$5 x 5	$25	857.60	26,725
$20	$5	$25	857.08	26,741
$10 x 2	$5	$25	858.08	26,710
	$25	$25	896.51	25,565
	($2 x 10) + ($5 x 2) (SPIN)	$30	1,504.58	15,233
	$5 x 6	$30	1,713.08	13,379
$5	$5 x 5	$30	1,709.50	13,407
$10	$10 x 2	$30	1,713.33	13,377
	$30	$30	1,719.50	13,329
	($2 x 5) + ($5 x 6) + $10 (SPIN)	$50	1,664.56	13,769
$5	($2 x 5) + ($5 x 7) (SPIN)	$50	1,667.34	13,746
$25	$25	$50	1,670.14	13,723
$20 + $5	$5 x 5	$50	1,665.89	13,758
	$10 x 5	$50	1,713.98	13,372
	$50	$50	1,717.57	13,344
$10 + $5	($5 x 10) + $25 + $10 (SPIN)	$100	1,839.72	12,458
	($10 x 8) + ($5 x 4) (SPIN)	$100	1,849.37	12,393
	$25 x 4	$100	2,000.46	11,457
$10 x 2	$20 x 4	$100	2,001.51	11,451
$50	$50	$100	1,997.85	11,472
	$100	$100	1,995.06	11,488
	($10 x 6) + ($20 x 4) + ($30 x 2) (SPIN)	$200	12,050.09	1,902
$10 + $20	($10 x 10) + $50 + $20 (SPIN)	$200	11,993.34	1,911
$10 x 2	($20 x 4) + $100	$200	11,949.57	1,918
$100	$100	$200	12,107.39	1,893
$200		$200	12,018.50	1,907
	$200	$200	12,056.43	1,901
	($30 x 10) + ($100 x 2) (SPIN)	$500	14,950.61	1,533
$50 x 2	($20 x 10) + ($100 x 2) (SPIN)	$500	15,009.35	1,527
	$50 x 10	$500	14,999.53	1,528
	($50 x 4) + $100 + $200	$500	15,009.35	1,527
	($200 x 2) + ($50 x 2)	$500	14,931.13	1,535
	$500	$500	14,863.35	1,542
	($50 x 8) + ($100 x 2) + ($200 x 2) (SPIN)	$1,000	59,685.63	384
$100 x 2	($50 x 8) + ($100 x 4) (SPIN)	$1,000	58,767.38	390
$500	$500	$1,000	60,313.89	380
	($100 x 3) + $200 + $500	$1,000	118,140.62	194
	$200 x 5	$1,000	119,996.23	191
	$1,000	$1,000	119,371.25	192
	$500 x 10	$5,000	121,911.06	188
	$1,000 x 5	$5,000	119,371.25	192
	$5,000	$5,000	124,561.30	184
	$1,000 x 10	$10,000	763,976.00	30
	$5,000 x 2	$10,000	763,976.00	30
	$10,000	$10,000	763,976.00	30
	$5,000 x 10	$50,000	1,145,964.00	20
	$50,000	$50,000	1,145,964.00	20
	$1,000,000* ($40K/YR/25YRS)	$1,000,000	2,864,910.00	8

*Prize amount if taken in annual payments. If a prizewinner takes a single cash payment, the amount paid will be in accordance with subsection (9), above.

(11) The overall odds of winning some prize in Game Number 1518 are 1 in 4.00. Prizes, including the top prizes, are subject to availability at the time of ticket purchase. Prizes may be unavailable due to prior sales or other causes occurring in the normal course of business including, but not limited to, ticket damage, defect, theft, or loss.

(12) For reorders of Game Number 1518, the odds of winning, value, and number of prizes shall be proportionate to the number of tickets reordered.

(13) Payment of prizes for THE PRICE IS RIGHT 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.

Rulemaking Authority 24.105(9)(a), (b), (c), 24.109(1), 24.115(1) FS. Law Implemented 24.105(9)(a), (b), (c), 24.115(1) FS. History–New 2-27-23.