Instant Game Number 1007, BILLION DOLLAR BLOCKBUSTER.  

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    DEPARTMENT OF THE LOTTERY

    RULE NO: RULE TITLE
    53ER09-7: Instant Game Number 1007, BILLION DOLLAR BLOCKBUSTER.
    SUMMARY: This emergency rule describes Instant Game Number 1007, “BILLION DOLLAR BLOCKBUSTER,” for which the Department of the Lottery will start selling tickets on a date to be determined by the Secretary of the Department. The rule sets forth the specifics of the game; determination of prizewinners; estimated odds of winning, value and number of prizes in the game.
    THE PERSON TO BE CONTACTED REGARDING THE EMERGENCY RULE IS: Faith L. Schneider, Legal Analyst, Department of the Lottery, 250 Marriott Drive, Tallahassee, Florida 32399-4011

    THE FULL TEXT OF THE EMERGENCY RULE IS:

    53ER09-7 Instant Game Number 1007, BILLION DOLLAR BLOCKBUSTER.

    (1) Name of Game. Instant Game Number 1007, “BILLION DOLLAR BLOCKBUSTER.”

    (2) Price. BILLION DOLLAR BLOCKBUSTER lottery tickets sell for $20.00 per ticket.

    (3) BILLION DOLLAR BLOCKBUSTER 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 BILLION DOLLAR BLOCKBUSTER lottery ticket, the ticket must meet the applicable requirements of Rule 53ER0889, F.A.C.

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

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

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

    (7) The legends are as follows:

    (8) Determination of Prizewinners.

    (a) A ticket having a play symbol and corresponding play symbol caption in the “YOUR NUMBERS” play area that matches a play symbol and corresponding play symbol caption in the “WINNING NUMBERS” play area shall entitle the claimant to the corresponding prize shown for that symbol. A ticket having a “” symbol in the “YOUR NUMBERS” play area shall entitle the claimant to the prize shown for that symbol. A ticket having a “” symbol in the “YOUR NUMBERS” play area shall entitle the claimant to $100.

    (b) The prizes are: $10.00, $20.00, $25.00, $30.00, $40.00, $50.00, $100, $200, $500, $1,000, $5,000, $10,000, $20,000, $1,000,000 and $10,000,000.

    (9) $1,000,000 and $10,000,000 Prize Payment Options.

    (a) A winner of a $1,000,000 or $10,000,000 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 $1,000,000 or $10,000,000 prize is claimed, the terminal will produce a 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. If a winner does not choose the Cash Option within such time, the Annual Payment option will be applied. Once the winner files a claim and exercises the winner’s chosen option, the election of that option shall be final.

    (b) Cash Option prizes will be paid in one (1) lump sum cash payment. A winner of a $1,000,000 prize shall receive a cash payment of $650,000 and a winner of a $10,000,000 prize shall receive a cash payment of $6,500,000 each, less applicable withholding taxes.

    (c) Annual Payment prizes will be paid in twenty (20) equal annual installments of $50,000 per year each payment for the $1,000,000 prize and $500,000 per year each payment for the $10,000,000 prize, less applicable federal withholding taxes.

    (10) The estimated odds of winning, value, and number of prizes in Instant Game Number 1007 are as follows:

     

     

     

     

     

     

     

    NUMBER OF

    WINNERS IN

     

     

    ESTIMATED

    546 POOLS OF

     

     

    ODDS OF

    120,000 TICKETS

    GAME PLAY

    VALUE

    1 IN

    PER POOL

    $10 x 2

    $20

    16.67

    3,931,200

    $20

    $20

    16.67

    3,931,200

    $25

    $25

    10.00

    6,552,000

    $10 + $20

    $30

    50.00

    1,310,400

    $30

    $30

    50.00

    1,310,400

    $10 x 4

    $40

    250.00

    262,080

    ($10 x 2) + $20

    $40

    250.00

    262,080

    $20 x 2

    $4

    125.00

    524,160

    $40

    $40

    250.00

    262,080

    $10 x 5

    $50

    250.00

    262,080

    ($10 x 3) + $20

    $50

    250.00

    262,080

    ($20 x 2) + $10

    $50

    250.00

    262,080

    $25 x 2

    $50

    250.00

    262,080

    $50

    $50

    250.00

    262,080

    $10 x 10

    $100

    200.00

    327,600

    $20 x 5

    $100

    250.00

    262,080

    $25 x 4

    $100

    250.00

    262,080

    $50 x 2

    $100

    250.00

    262,080

    $100 (STAR)

    $100

    80.00

    819,000

    $100

    $100

    250.00

    262,080

    $25 x 20

    $500

    3,000.00

    21,840

    ($25 x 10) +($50 x 5)

    $500

    3,000.00

    21,840

    ($30 x 10) +($100 x 2)

    $500

    3,000.00

    21,840

    $50 x 10

    $500

    3,333.33

    19,656

    $100 x 5

    $500

    3,750.00

    17,472

    $500

    $500

    3,750.00

    17,472

    $50 x 20

    $1,000

    7,500.00

    8,736

    ($50 x 10) +($100 x 5)

    $1,000

    7,500.00

    8,736

    $100 x 10

    $1,000

    7,500.00

    8,736

    $200 x 5

    $1,000

    7,500.00

    8,736

    $500 x 2

    $1,000

    10,000.00

    6,552

    $1,000

    $1,000

    10,000.00

    6,552

    $500 x 10

    $5,000

    120,000.00

    546

    $5,000

    $5,000

    120,000.00

    546

    $500 x 20

    $10,000

    120,000.00

    546

    $1,000 x 10

    $10,000

    120,000.00

    546

    $10,000

    $10,000

    120,000.00

    546

    $1,000 x 20

    $20,000

    720,000.00

    91

    $10,000 x 2

    $20,000

    720,000.00

    91

    $20,000

    $20,000

    720,000.00

    91

    $1,000,000 ($50K/YR/20YRS

    PRIZE

    546,000.00

    120

    $10,000,000 $500K/YR/20YRS)

    TOP PRIZE

    6,552,000.00

    10

     

    (11) The estimated overall odds of winning some prize in Instant Game Number 1007 are 1 in 2.98. 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 damage, defect, theft, or loss.

    (12) For reorders of Instant Game Number 1007, the estimated odds of winning, value, and number of prizes shall be proportionate to the number of tickets reordered.

    (13) By purchasing a BILLION DOLLAR BLOCKBUSTER lottery ticket the player agrees to comply with and abide by all prize payment rules of the Florida Lottery.

    (14) Payment of prizes for BILLION DOLLAR BLOCKBUSTER lottery tickets shall be made in accordance with rules 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.

    Specific 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 2-20-09.

     

    THIS RULE TAKES EFFECT UPON BEING FILED WITH THE DEPARTMENT OF STATE UNLESS A LATER TIME AND DATE IS SPECIFIED IN THE RULE.

    EFFECTIVE DATE: February 20, 2009

Document Information

Effective Date:
2/20/2009
Summary:
This emergency rule describes Instant Game Number 1007, “BILLION DOLLAR BLOCKBUSTER,” for which the Department of the Lottery will start selling tickets on a date to be determined by the Secretary of the Department. The rule sets forth the specifics of the game; determination of prizewinners; estimated odds of winning, value and number of prizes in the game.
Contact:
Faith L. Schneider, Legal Analyst, Department of the Lottery, 250 Marriott Drive, Tallahassee, Florida 32399-4011
Related Rules: (1)
53ER09-7. Instant Game Number 1007, BILLION DOLLAR BLOCKBUSTER (Replaced by 53ER13-54)