Game Number 5061, DOUBLE YOUR MONEY

 

DEPARTMENT OF THE LOTTERY

RULE NO.:RULE TITLE:

53ER24-42Game Number 5061, DOUBLE YOUR MONEY

SUMMARY: This emergency rule describes Game Number 5061, “DOUBLE YOUR MONEY," 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: Minerva A. Simpson, Attorney, Department of the Lottery, 250 Marriott Drive, Tallahassee, Florida 32399 4011

 

THE FULL TEXT OF THIS EMERGENCY RULE IS:

 

53ER24-42 Game Number 5061, DOUBLE YOUR MONEY.

(1) Name of Game. Game Number 5061, DOUBLE YOUR MONEY.

(2) Game Number 5061, DOUBLE YOUR MONEY is a Scratch-Off lottery game (also known as an instant lottery game).

(3) Price. DOUBLE YOUR MONEY lottery tickets sell for $5.00 per ticket.

(4) DOUBLE YOUR MONEY 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 DOUBLE YOUR MONEY lottery ticket, the ticket must meet the applicable requirements of Rule 53ER23-20, Payment of Prizes, F.A.C.

(5) Play symbols and play symbol captions that may appear in the YOUR NUMBERS play area: 

(6) Play symbols and play symbol captions that may appear in the WINNING NUMBERS play area:

(7) Prize symbols and prize symbol captions that may appear in the YOUR NUMBERS play area:

(8) Legends and Fixed Symbols:

(9) Determination of Prizewinners. 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 player to the corresponding prize shown for that symbol. A ticket having a symbol and symbol caption in the YOUR NUMBERS play area shall entitle the player to the corresponding prize shown. A ticket having a symbol and symbol caption in the YOUR NUMBERS play area shall entitle the player to double the corresponding prize shown.

(10) $1,000,000 Prize; Payment Options.

(a) A winner of a $1,000,000 prize may choose one of two payment options for receiving his/her prize:  One-Time Cash Payment or Annual Payments. At the time the $1,000,000 prize is claimed, the terminal will produce a claim instructions ticket. The winner has sixty (60) days from the date the claim instructions ticket is produced to file a claim choosing the One-Time Cash Payment. If a winner does not choose the One-Time Cash Payment within the sixty (60) day timeframe, 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. The Annual Payment method will also be final when it is applied due to a $1,000,000 prize winner not making his/her payment election within sixty (60) days after the 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 $605,017.00, less applicable federal income tax withholding.

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

(11) Odds of winning, value, and number of prizes in Game Number 5061:

GAME PLAY	WIN	ODDS OF 1 IN	NUMBER OF WINNERS IN 127.31 POOLS OF 120,000 TICKETS PER POOL
$10	$10	9.38	1,629,446
$20	$20	299.42	51,021
$10 x 2	$20	49.96	305,780
$10 (DBL)	$20	37.53	407,099
$50	$50	300.64	50,814
$10 (DBL) + ($10 x 3)	$50	149.89	101,922
$10 x 5	$50	299.42	51,021
($10 x 3) + $20	$50	300.39	50,857
$100	$100	9,920.03	1,540
$10 (DBL) x 5	$100	3,006.07	5,082
$50 (DBL)	$100	2,395.62	6,377
($10 (DBL) x 2) + ($10 x 6)	$100	2,393.74	6,382
$20 x 5	$100	2,654.53	5,755
$10 x 10	$100	3,009.62	5,076
($20 (DBL) x 2) + ($10 x 2)	$100	2,392.61	6,385
$50 + ($10 x 5)	$100	2,989.01	5,111
$500	$500	121,244.76	126
($10 (DBL) x 5) + ($20 (DBL) x 5) + ($50 (DBL) x 2)	$500	23,758.69	643
($20 x 10) + $50 (DBL) + $100 (DBL)	$500	23,721.80	644
($20 (DBL) x 10) + ($50 x 2)	$500	24,095.96	634
($50 x 9) + ($20 x 2) + $10	$500	40,308.28	379
$50 (DBL) + ($50 x 4) + ($20 (DBL) x 5)	$500	29,837.58	512
($50 (DBL) x 4) + ($20 x 5)	$500	29,043.42	526
($20 x 5) + ($50 x 6) + $100	$500	60,145.04	254
$1,000	$1,000	118,425.12	129
($20 (DBL) x 5) + ($50 (DBL) x 6) + $100 (DBL)	$1,000	58,531.95	261
($100 x 8) + ($50 x 4)	$1,000	117,514.15	130
$500 + ($100 x 2) + ($50 x 4) + ($10 (DBL) x 5)	$1,000	60,382.77	253
$100 (DBL) + ($50 (DBL) x 3) + ($100 x 5)	$1,000	62,354.45	245
$10,000	$10,000	7,638,420.00	2
($500 (DBL) x 5) + ($1,000 (DBL) x 2) + ($100 (DBL) x 5)	$10,000	3,055,368.00	5
$1,000,000 ($40K/YR/25YRS)*	$1,000,000*	3,819,210.00	4

*Prize amount if the Annual Payment method is chosen or has it applied. For One-Time Cash Payments, the amount paid is in accordance with subsection (10), above.

(12) The overall odds of winning some prize in Game Number 5061 are 1 in 5.67. All 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.

(13) For reorders of Game Number 5061, the odds of winning, value, and number of prizes shall be proportionate to the number of tickets reordered.

(14) Payment of prizes for DOUBLE YOUR MONEY 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 or flrules.org.

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 9-23-24.

 

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

EFFECTIVE DATE:  9/23/2024