Or. Admin. Code § 177-075-0020 - Determination of Prize Winners
(1)
General: Prizes shall be determined and awarded on the following basis: [Table
not included. See ED. NOTE.]
(2)
Grand Prize: A Grand prize of less than $100,000 will be paid in a lump sum. A
Grand prize with a value of $100,000 and more will be paid in the form of the
prevailing maximum acceptable annuity which can be purchased with the Grand
prize pool. The annuity will provide for 30 equal periodic payments, the first
immediately and the other 29 annually on the anniversary date (or the first
regular business day thereafter) of the applicable Megabucks drawing.
(3) Match 5 of 6, 4 of 6, and 3 of 6 Prizes:
Match 5 of 6 and 4 of 6 prize winners will be paid in a lump sum. Match 3 of 6
prize winners with a Kicker game play will be paid in a lump sum. Match 3 of 6
prize winners who did not select a Kicker game play on the winning ticket shall
receive a free Megabucks ticket valued at $1.00 except when such prize is
redeemed at Lottery Headquarters, or other locations designated by the
Director, in which event the winner will either be paid $1.00 by check or
receive a free $1 ticket.
(4)
Highest Prize: Players are eligible to receive only the highest prize for each
winning game play.
(5) Rounding:
Notwithstanding the allocations in section (1) of this rule, shares in each
prize category shall be rounded down to the nearest $0.10 and each winning game
play in each prize category shall be considered to be a single unit equal to
one share of that prize category. All breakage (amounts left over after
rounding down) shall be carried forward to the prize pool for the next
drawing.
Notes
Tables referenced are not included in rule text. Click here for PDF copy of table(s)
Stat. Auth.: OR Const. Art. XV, Sec. 4(4)
Stats. Implemented: ORS 461.220
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