N.H. Admin. Code § Sw 4001.08

Current through Register No. 50, December 12, 2024
Section Sw 4001.08 - Payment Election Review

A player's share of the grand prize shall be paid, with either a per winner annuity or cash payment, subject to the following:

(a) The winner shall have no more than 60 days from the date a claim is filed to elect an annuity or a lump sum cash payment.
(b) If the payment election is not made within 60 days from the date of claim, the prize shall be paid as an annuity prize.
(c) The winner shall sign a statement furnished by the commission indicating their final election, either annuity or cash payment.
(d) The winner shall be under no obligation to accept the cash payment.
(e) The winner shall not be allowed to revoke, withdraw or otherwise change their final election.

N.H. Admin. Code § Sw 4001.08

#7728, eff 7-23-02; ss by #9165, eff 5-31-08