Instant Game Number 747, $100,000 TAXES PAID.

 

DEPARTMENT OF THE LOTTERY

RULE NO: RULE TITLE
53ER08-24: Instant Game Number 747, $100,000 TAXES PAID.

SUMMARY: This emergency rule describes Instant Game Number 747, “$100,000 TAXES PAID,” 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:

53ER08-24 Instant Game Number 747, $100,000 TAXES PAID.

(1) Name of Game. Instant Game Number 747, “$100,000 TAXES PAID.”

(2) Price. $100,000 TAXES PAID lottery tickets sell for $5.00 per ticket.

(3) $100,000 TAXES PAID 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 $100,000 TAXES PAID lottery ticket, the ticket must meet the applicable requirements of Rule 53ER08-20, 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 prize shown for that play symbol. A ticket having a “” symbol in the play area shall entitle the claimant to a prize of $100.

(b) The prizes are: $2.00, $5.00, $7.00, $10.00, $15.00, $25.00, $50.00, $75.00, $100, $500, $1,000, $5,000 and “$100,000 plus applicable tax withholding.”

(c) The Florida Lottery will withhold and remit federal taxes on the top prize. The total amount of the taxes paid will be added to the amount of the prize for tax reporting. Winners of the top prizes will be responsible for any additional taxes owed based on their personal tax rate.

(9) The estimated odds of winning, value, and number of prizes in Instant Game Number 747 are as follows:

			NUMBER OF WINNERS IN
			68 POOLS OF
		ODDS OF	120,000 TICKETS
GAME PLAY	VALUE	1 IN	PER POOL
$5	$5	12.00	680,000
$2 + $5	$7	20.00	408,000
$7	$7	30.00	272,000
$5 x 2	$10	60.00	136,000
$10	$10	30.00	272,000
$5 x 3	$15	60.00	136,000
$15	$15	60.00	136,000
$5 x 5	$25	240.00	34,000
($5 x 3) + $10	$25	240.00	34,000
$5 + ($10 x 2)	$25	240.00	34,000
$25	$25	240.00	34,000
$5 x 10	$50	480.00	17,000
($5 x 5) + $25	$50	480.00	17,000
$10 x 5	$50	480.00	17,000
$50	$50	480.00	17,000
$5 x 15	$75	2,400.00	3,400
$5 + ($10 x 7)	$75	3,000.00	2,720
($5 x 5) + $50	$75	3,000.00	2,720
($10 x 5) + $25	$75	3,000.00	2,720
$75	$75	2,000.00	4,080
($5 x 10) + ($10 x 5)	$100	12,000.00	680
($5 x 2) + ($10 x 4) + ($25 x 2)	$100	12,000.00	680
$25 x 4	$100	12,000.00	680
($25 x 2) + $50	$100	12,000.00	680
$100 (MONEYBAG)	$100	600.00	13,600
($25 x 10) + ($50 x 5)	$500	60,000.00	136
($10 x 10) + ($75 x 4) + $100 (MONEYBAG)	$500	60,000.00	136
$500	$500	60,000.00	136
($25 x 2) + ($50 x 2) + ($75 x 10) + $100 (MONEYBAG)	$1,000	120,000.00	68
$1,000	$1,000	120,000.00	68
$1,000 x 5	$5,000	2,720,000.00	3
$500 x 10	$5,000	2,720,000.00	3
$5,000	$5,000	2,720,000.00	3
$100,000 TAXES PAID	$133,33 3.33	906,666.67	9

 

(10) The estimated overall odds of winning some prize in Instant Game Number 747 are 1 in 3.58. 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.

(11) For reorders of Instant Game Number 747, the estimated odds of winning, value, and number of prizes shall be proportionate to the number of tickets reordered.

(12) By purchasing a $100,000 TAXES PAID lottery ticket the player agrees to comply with and abide by all prize payment rules of the Florida Lottery.

(13) Payment of prizes for $100,000 TAXES PAID 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 3-28-08.

 

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: March 28, 2008