11 Va. Admin. Code § 5-41-280

Current through Register Vol. 41, No. 8, December 2, 2024

Section 11VAC5-41-280 - When prize payable for "life."

If a prize is advertised as payable for the life of the winner, unless there is a cash option available selected by the winner or winners at the time a claim is made, the prize will be payable in installments, in accordance with the rules for the specific game, for the lifetime of the winner . When the prize is won by two or more persons on a single ticket, each winner's share of the prize shall expire upon his death, unless otherwise specified in the game rules.

11 Va. Admin. Code § 5-41-280

Derived from Virginia Register Volume 19, Issue 15, eff. May 7, 2003; amended, Virginia Register Volume 28, Issue 26, eff. September 26, 2012.

Statutory Authority

§ 58.1-4007 of the Code of Virginia.