Nebraska Administrative Code › Topic - REVENUE, DEPARTMENT OF › Title 370 - Nebraska Lottery Regulations › Chapter 700 - POWERBALL › Section 370-700-702 - PRIZE POOL

Current through June 17, 2024
702.01 Prize Pool
The prize pool for all prize categories shall consist of
				  fifty percent (50%) of each drawing period's sales, including any specific
				  statutorily-mandated tax of a selling lottery to be included in the price of a
				  lottery ticket, after the prize reserve accounts are funded to the amounts set
				  by the MUSL POWERBALL Product Group. Any amount remaining in the prize pool at
				  the end of this game shall be returned to all lotteries participating in the
				  reserve after the end of all claim periods of all selling lotteries, carried
				  forward to a replacement game or expended in a manner as directed by the MUSL
				  POWERBALL Product Group in accordance with applicable law.
702.02 Prize Reserve Accounts
Two percent (2%) of sales, including any specific
				  statutorily-mandated tax to be included in the price of a lottery ticket, shall
				  be placed in trust in one or more prize reserve accounts until the prize
				  reserve accounts reach the amounts designated by the MUSL POWERBALL Product
				  Group. Once the prize reserve accounts exceed the designated amounts, the
				  excess shall become part of the prize pool. Any amount remaining in a prize
				  reserve account at the end of this game shall be returned to all lotteries
				  participating in the reserve after the end of all claim periods of all selling
				  lotteries, carried forward to a replacement prize reserve account, or expended
				  in a manner as directed by the MUSL POWERBALL Product Group in accordance with
				  applicable law.
702.03
				Expected Prize Payout Percentages
The Grand Prize shall be determined on a parimutuel basis.
				  Except as otherwise mandated by law, executive order, or rule promulgated by an
				  authority superior to the Nebraska Lottery or provided in these regulations,
				  all other POWERBALL prizes awarded shall be paid as set cash prizes with the
				  following expected prize payout percentages:
Number of Matches Per Play
Prize Payment
Prize Pool % Allocated to Prize
All (5) of first set Plus (1) of second set
Grand Prize
63.9511%
Any (5) of first set & none of second set
$1,000,000
9.4038%
Any (4) of first set Plus (1) of second set
$10,000
1.5409%
Any (4) of first set & none of second set
$100
0.5239%
Any (3) of first set Plus (1) of second set
$100
1.6768 %
Any (3) of first set & none of second set
$7
1.9437%
Any (2) of first set Plus (1) of second set
$7
0.9909%
Any (1) of first set Plus (1) of second set
$4
3.6097%
None of first set Plus (1) of second set
$4
7.2194%
702.03A Prize
				money allocated to the Grand Prize category shall be divided equally by the
				number of game play areas winning the Grand Prize.
702.03B he prize pool percentage allocated to
				the POWERBALL set prizes (the cash prizes of $1,000,000 or less) shall be
				carried forward to subsequent draws if all or a portion of it is not needed to
				pay the POWERBALL set prizes awarded in the current draw. If the total of the
				POWERBALL set prizes awarded in a drawing exceeds the percentage of the prize
				pool allocated to the POWERBALL set prizes, then the amount needed to fund the
				POWERBALL set prizes awarded shall be drawn from the following sources, in the
				following order:
702.03B(1) The amount
				allocated to the POWERBALL set prizes and carried forward from previous draws,
				if any;
702.03B(2) An amount from
				the POWERBALL set prize reserve account, if available, not to exceed
				twenty-five million dollars ($25,000,000) per drawing. If, after these sources
				are depleted, there are not sufficient funds to pay the POWERBALL set prizes
				awarded, then the highest POWERBALL set prize shall become a parimutuel prize.
				If the amount of the highest POWERBALL set prize, when paid on a parimutuel
				basis, drops to or below the next highest POWERBALL set prize and there are
				still not sufficient funds to pay the remaining POWERBALL set prizes awarded,
				then the next highest POWERBALL set prize shall become a parimutuel prize. This
				procedure shall continue down through all POWERBALL set prize levels, if
				necessary, until all POWERBALL set prize levels become parimutuel prize levels.
				In that instance, the money available from the funding sources listed in this
				rule shall be divided among the winning plays in proportion to their respective
				prize percentages.