Current through 2024-51, December 18, 2024
Section 553-10-15 - PRIZE STRUCTURE1.Prize pool. The prize pool for lottery games must be not less than 45% of the gross receipts.2.Use of prize pool. The prize pool must be used to: A. Pay the holders of winning tickets; andB. Pay special prizes or bonuses as specified by the director, with the approval of the commission.3.Prize structure. The director, with the approval of the commission, shall determine the distribution of the prize pool and the number and size of prizes and shall announce the prize structure in appropriate directives.4.Unclaimed prizes. Unclaimed prize money for a prize for which there was a drawing must be retained by the director for the person entitled to it for one year after the drawing in which the prize was won. If no claim is made for the money within that year, the prize money must be transferred to the General Fund as undedicated revenue. Unclaimed prize money for a game for which there is no drawing must be retained by the director for a reasonable period of time and may be transferred to the General Fund if the director determines that adequate funds have been retained to pay anticipated delayed claims.
18-553 C.M.R. ch. 10, § 15