Section 30-916. DISTRICT DOLLARS RAFFLE GAME PRIZE POOL, PRIZE STRUCTURE AND PROBABILITY OF WINNING  


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  • 916.1The District Dollars Raffle Game will offer a total of sixteen (16) prizes.

     

    916.2The prize pool for all prize categories shall consist of fifty percent (50%) of each drawing period sales based on a sale of 40,000 tickets.

     

    916.3The District Dollars Raffle Game is a weekly raffle game with fixed payout for the prizes which pays prizes based on a sale of 40,000 tickets at ($1.00) one dollars each are as follows:

     

    Number of Winners

    Per 40,000 TicketsWin

     

    1$10,000

     

    5$1,000

     

    10$500

     

    916.4The following table sets forth the probability of winning and the probable distribution of winners in and among each prize category, based upon selling all 40,000 weekly raffle tickets.

     

    Set Prize Amount

    Number of Prizes

     

    Overall Odds

    Amount Paid

    Percentage

    Of Sales

    Percentage

    Of Payout

    $10,000

     

    1

     

    1:40,0000

    $10,000

     

    25%

     

    25%

     

    $1,000

     

    5

    1:8,0000

     

       $5,000

     

    10%

     

    12.5%

     

    $500

     

    10

    1:4,000

     

       $5,000

     

    15%

     

    12.5%

    Total

    16

    1:2,500

    $20,000

    50%

    50%

     

     

     

     

     

     

     

     

     

     

     

     

     

authority

D.C. Official Code §3-1306, District of Columbia Financial Responsibility and Management Assistance Authority Order issued September 21, 1996, and Office of the Chief Financial Officer Financial Management Control Order No. 96-22 issued November 18, 1996

source

Final Rulemaking published at 46 DCR 3080 (April 2, 1999) and 54 DCR 6442 (June 29, 2007); as amended by Final Rulemaking published at 56 DCR 8846 (November 13, 2009).

EditorNote

Section header amended by Final Rulemaking published at 56 DCR 8846 (November 13, 2009).