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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 30. LOTTERY AND CHARITABLE GAMES |
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Chapter 30-9. DESCRIPTION OF ON-LINE GAMES |
Section 30-971. MONOPOLY MILLIONAIRES' CLUB FIXED PRIZE STRUCTURE AND PROBABILITY
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971.1The Top Prize shall be determined on a pari-mutuel basis. The following table sets forth the probability of winning plays and the probable distribution of winning plays in and among each prize category, based upon the total number of possible combinations in MONOPOLY MILLIONAIRES’ CLUB™, and prize pool funding by prize category. Except as otherwise provided for in this rule, all other prizes awarded shall be paid as Set Prizes with the following expected prize payout percentages:
971.2 Winning Play Odds and Prize Funding
Prize Level
Matches First Set
Matches Second Set
Prize
Odds (1 in)
% Sales*
% Prize Pool
1
5
1
Top Prize
72,770,880.0000 for Top Prizes
32.2148% **
64.4296%**
2
5
0
$100,000
2,695,217.7778
0.7421%
1.4841%
3
4
1
$20,000
309,663.3191
1.2917%
2.5835%
4
4
0
$500
11,469.0118
0.8719%
1.7438%
5
3
1
$250
6,731.8113
0.7427%
1.4855%
6
2
1
$25
448.7874
1.1141%
2.2282%
7
3
0
$20
249.3263
1.6043%
3.2087%
8
1
1
$10
81.5977
2.4511%
4.9021%
9
0
1
$7
47.4405
2.9511%
5.9021%
10
2
0
$5
16.6218
6.0162%
12.0324%
11
Millionaires’ Club Prize
$1 Million
Varies with Sales
Combined with Top Prize %*
Combined with Top Prize %%
* Includes prize reserve and other deductions
** The Level 1 Top Prize and
Level 11 Millionaires’ Club Prize Pool contributions are combined.
Overall win probability is 1 in 10.0025
Total
50.000%
100.0000%
Top Prize & Millionaires’ Club Prizes
32.2148%
64.4296%
971.3Player Responsibility. It shall be the sole responsibility of the player to verify the accuracy of the game play or plays and other data printed on the ticket. The placing of plays is done at the player's own risk through the licensed sales agent who is acting on behalf of the player in entering the play or plays.
971.4The prize money allocated to the Top Prize category shall be divided equally by the number of plays winning the Top Prize.
971.5Prize Pool Account Rollovers and Carry Forwards.
(a) Any monies not paid for Top Prize and Millionaires’ Club Prizes in the TP&MC Prize Pool following a drawing shall roll over and be added to the TP&MC Prize Pool for the following drawing.
(b) The Set Prize Pool for prizes of one hundred thousand dollars ($100,000.00) or less shall be carried forward to subsequent draws if all or a portion of it is not needed to pay the Set Prizes awarded in the current draw.
971.6Pari-Mutuel Prize Determinations
(a) If the total of the Set Prizes awarded in a drawing (prize levels 2-10) exceeds the percentage of the prize pool allocated to the Set Prizes, then the amount needed to fund the Set Prizes awarded shall be drawn from the following sources, in the following order: (1) the amount allocated to the Set Prizes and carried forward from previous draws, if any; (2) an amount from the PRA, if available, not to exceed twenty million dollars ($20,000,000.00) per drawing.
(b) If, after these sources are depleted, there are not sufficient funds to pay the Set Prizes awarded, then the highest Set Prize shall become a pari-mutuel prize. If the amount of the highest Set Prize, when paid on a pari-mutuel basis, drops to or below the next highest Set Prize and there are still not sufficient funds to pay the remaining Set Prizes awarded, then the next highest Set Prize shall become a pari-mutuel prize. This procedure shall continue down through all Set Prize levels, if necessary, until all Set Prize levels become pari-mutuel prize levels.
971.7Fund Transfer. On a weekly basis, or as otherwise determined by the Product Group, the Agency will transfer, in trust, an amount as determined by the Product Group to be the Agency’s total proportionate share of the MONOPOLY MILLIONAIRES’ CLUB™ license and vendor fees, which include the television game show prizes, and studio audience member travel expenses.
971.8Unclaimed Top Prizes and Millionaires’ Club Prizes. All funds to pay a Top Prize or Millionaires’ Club Prize that had been collected by the MUSL central office and that went unclaimed shall be returned to the Lotteries in proportion to sales by the Lotteries for the prize(s) in question, after the claiming period set by the Lottery selling the winning ticket expires.
971.9 Prize Payments
(a) Top Prizes
(1) The Top Prize shall begin at an annuitized amount of fifteen million dollars ($15,000,000.00) and shall increase following each consecutive drawing in which the Top Prize is not won, except that the annuitized Top Prize amount shall not exceed twenty-five million dollars ($25,000,000.00) and will remain at this amount for each subsequent drawing until the Top Prize is won. Top Prizes shall be paid as an annuity or a single lump-sum payment. At the time of ticket purchase, a player may select the option for payment of the cash value or annuitized payments of a share of the Top Prize if the play is a winning play. If no payment option is selected by the player, the default payment option will be the cash value option. Selection of the option for payment of the cash value or annuitized payments of a share of the Top Prize if the play is a winning play is a selection made at the time of purchase and is final and cannot be revoked, withdrawn or otherwise changed.
(2) Shares of the Top Prize shall be determined as provided in section 971.12 of this chapter. A player(s) who elects a single lump-sum payment (cash value payment) shall be paid his/her share(s) in a single cash payment. If individual shares of the cash held to fund an annuity are less than two-hundred and fifty thousand dollars ($250,000.00), the Agency, in its sole discretion, may elect to pay the holders of tickets with winning plays their share of the funds of the cash pool to fund the annuity prizes as described in section 971.12 of this chapter.
(3) All annuitized prizes shall be paid annually in thirty (30) payments with the initial payment being made in cash, to be followed by twenty-nine (29) payments funded by the annuity. All annuitized prizes shall be paid annually in thirty (30) graduated payments (increasing each year) at a rate as determined by the Product Group. Prize payments may be rounded down to the nearest one thousand dollars ($1,000.00). Annual payments after the initial payment shall be made by the Lottery on the anniversary date or if such date falls on a non-business day, then the first business day following the anniversary date of the selection of the Top winning numbers. Funds for the initial payment of an annuitized prize or the single lump-sum cash prize shall be made available by MUSL for payment by the Lottery no earlier than the fifteenth calendar day (or the next banking day if the fifteenth (15) day is a holiday) following the drawing. If necessary, when the due date for the payment of a prize occurs before the receipt of funds in the prize pool account sufficient to pay the prize, the transfer of funds for the payment of the full lump-sum cash amount may be delayed pending receipt of funds from all Lotteries. The identification of the securities to fund the annuitized prize shall be at the sole discretion of the Agency. If the Agency purchases the securities, or holds the prize payment annuity for a Top Prize won in this state, the prize winner will have no recourse against MUSL or any other Lottery for payment of that prize.
(4) Payment of Prize Payments upon the Death of a Prize Winner. In the event of the death of a prize winner, payments may be made in accordance with 30 DCMR § 610.1.
971.10Millionaires’ Club and Set Prize Payments. All Millionaires’ Club Prizes and Set Prizes (all prizes except the Top Prize, whether described as “cash” payment prizes or otherwise) for tickets sold by licensed sales agents in the District of Columbia and validated according to the Agency’s rules shall be paid by the Agency and at the discretion of the Agency by check, warrant, or wire transfer. The Agency may begin paying Millionaires’ Club Prizes and Set Prizes after receiving authorization to pay from the MUSL central office.
971.11Prizes Rounded. Annuitized payments of the Top Prize or a share of the Top Prize may be rounded to facilitate the purchase of an appropriate funding mechanism. Breakage on an annuitized Top Prize win shall be added to the first payment to the verified winner or winners. Set Prizes, which, under this rule, may become single-payment, pari-mutuel prizes, may be rounded down so that prizes can be paid in multiples of whole dollars. Breakage resulting from rounding Set Prizes shall be carried forward to the prize pool for the next drawing.
971.12Funding of Guaranteed Prizes. The Product Group may offer guaranteed minimum Top Prize amounts, guaranteed minimum numbers of Millionaires’ Club winners, minimum increases in the Top Prize amount between drawings, minimum increases in the number of Millionaires’ Club winners between drawings, or make other changes in the allocation of prize money where the Product Group finds that it would be in the best interest of the game. If a minimum Top Prize amount or a minimum increase in the Top Prize between drawings is offered by the Product Group, then shares of the Top Prize shall be determined as follows: If there are multiple Top Prize winning plays during a single drawing, each selecting the annuitized option prize, then a winning play’s share of the guaranteed annuitized Top Prize shall be determined by dividing the guaranteed annuitized Top Prize by the number of winning plays. If there are multiple Top Prize winning plays during a single drawing and at least one (1) of the Top Prize claimants has elected the annuitized option prize, then the best bid submitted by the MUSL central office’s pre-approved qualified brokers shall determine the cash pool needed to fund the guaranteed annuitized Top Prize. If no claimant of the Top Prize during a single drawing has elected the annuitized option prize, then the amount of cash in the Top Prize Pool shall be an amount equal to the guaranteed annuitized amount divided by the average annuity factor of the most recent three (3) best quotes provided by pre-approved qualified brokers submitting quotes. In no case shall quotes be used which are more than two (2) weeks old, and if less than three (3) quotes are submitted, then the MUSL central office shall use the average of all quotes submitted. Changes in the allocation of prize money shall be designed to retain approximately the same prize allocation percentages, over a year's time, as set out in MUSL’s MONOPOLY MILLIONAIRES’ CLUB™ Game Rules. Minimum guaranteed prizes or increases may be waived if the alternate funding mechanism set out in subsection 971.11 of this Chapter becomes necessary. The annuity factor is determined by the best total securities price obtained through a competitive bid of qualified, pre-approved brokers made after it is determined that the prize is to be paid as an annuity prize. Neither MUSL, the Product Group, nor the Lotteries shall be responsible or liable for changes in the advertised or estimated annuity prize amount and the actual amount purchased after the prize payment method is actually known to the MUSL central office.
971.13Prize Limited to Highest Prize Won. Except for the Millionaires’ Club Prizes, the holder of a winning ticket may win only one (1) prize for that ticket’s play and shall be entitled only to the prize won by those numbers in the highest matching prize category. The status of a ticket with a winning play based on a match between the play and the Winning Numbers on that ticket shall have no effect on that ticket’s ability to win (if drawn) a Millionaires’ Club Prize.
971.14Millionaires’ Club Prize. Independent of a ticket’s status as an apparent winning ticket due to a match with the Winning Numbers, each ticket in a MONOPOLY MILLIONAIRES’ CLUB™ drawing is eligible to win a Millionaires’ Club Prize if (and only if), on that game draw, Millionaires’ Club Prizes are awarded. If a ticket is a winning play under both drawings, the prize paid shall be the sum of both the Top Prize or Set Prize (Level 2-10 prizes) and the Millionaires’ Club Prize. At the start of each new MONOPOLY MILLIONAIRES’ CLUB™ roll cycle, ten (10) Millionaires’ Club Prizes will be available. As determined by the Product Group, more Millionaires’ Club Prizes may be added, during the roll cycle, with each drawing until the Top Prize is won and the Millionaires’ Club Prizes are drawn.