Florida Administrative Code › 53 - DEPARTMENT OF THE LOTTERY › 53 - Departmental › Chapter 53ER21 - EMERGENCY RULE FOR YEAR 2021 › Section 53ER21-37 - Game Number 1490, $500 A WEEK FOR LIFE

Current through Reg. 50, No. 138; July 16, 2024
(1) Name of Game. Game Number 1490, $500 A
				WEEK FOR LIFE.
(2) Game Number
				1490, $500 A WEEK FOR LIFE is a Scratch-Off lottery game (also known as an
				instant lottery game).
(3) Price.
				$500 A WEEK FOR LIFE lottery tickets sell for $1.00 per ticket.
(4) $500 A WEEK FOR LIFE lottery tickets
				shall have a series of numbers in machine readable code (or bar code) on the
				back of the ticket, along with a validation number under the latex area on the
				ticket. To be a valid winning $500 A WEEK FOR LIFE lottery ticket, the ticket
				must meet the applicable requirements of Rule 53ER21-34, F.A.C.
(5) The "YOUR NUMBERS" play symbols and play
				symbol captions that may appear in the play area are as follows:
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				  image
(6) The
				"WINNING NUMBER" play symbols and play symbol captions that may appear in the
				play area are as follows:
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				  image
(7) The
				prize symbols and prize symbol captions that may appear in the play area are as
				follows:
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				  image
(8) The
				legends are as follows:
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				  image
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(9) Determination of Prizewinners.
A ticket having a play symbol and corresponding play symbol
				  caption in the "YOUR NUMBERS" play area that matches the play symbol and
				  corresponding play symbol caption in the "WINNING NUMBER" play area shall
				  entitle the prizewinner to the corresponding prize shown for that symbol. A
				  ticket having a "
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				  here to view image
" symbol in the "YOUR NUMBERS" play area shall
				  entitle the prizewinner to double the prize shown for that symbol. A ticket
				  having a "
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				  to view image
" symbol in the "YOUR NUMBERS" play area shall entitle
				  the prizewinner to all five prizes shown in the "YOUR NUMBERS" play
				  area.
(10) $500 A WEEK FOR
				LIFE Top Prize Payment Options.
(a) A winner
				of a $500 A WEEK FOR LIFE top prize may choose one of two payment options for
				receiving his or her prize. Payment options are "cash option" or "annual
				payment." At the time the $500 A WEEK FOR LIFE top prize is claimed, the
				terminal will produce a top prize player claim instructions ticket. The winner
				has sixty (60) days after the date the player claim instructions ticket is
				produced to file a claim choosing the cash option. Once the winner files a
				claim and exercises the winner's chosen option, the election of that option
				shall be final. The Annual Payment method of payment will also be final when it
				is applied due to a top prize winner not making his or her payment election
				within sixty (60) days after the player claim instructions ticket is
				produced.
(b) Cash option prizes
				will be paid in a single cash payment of $465, 000.00, less applicable federal
				withholding taxes.
(c) Annual
				payment prizes claimed by an individual will be paid in annual installments of
				$26, 000.00, less applicable tax withholding taxes, for the life of the winner,
				with a minimum of twenty years. If the top prize is claimed by a trust,
				corporation, or other legal entity, the life prize shall be fixed at twenty
				years.
(d) At the end of the
				guaranteed twenty-year payment period, starting with year 21, a prizewinner (or
				the power of attorney, custodian or guardian, or medical provider for a
				prizewinner) will be required to provide a notarized affidavit to the Lottery
				stating that he or she is still living in order to continue receiving annual
				payments. Thereafter, the prizewinner will be required to provide such
				affidavit on an annual basis prior to receipt of the prizewinner's next
				scheduled payment.