61 Pa. Code § 871.14 - Parimutuel prize pool
(a) The prize pool
for all prize categories shall consist of 50% of each drawing period's sales
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
the game shall be carried forward to a replacement game or expended in a manner
as directed by the MUSL Powerball Product Group in accordance with State law.
(b) An amount equal to up to 2% of
a party lottery's sales shall be deducted from a party lottery's grand prize
pool and placed in trust in one or more prize reserve accounts until the party
lottery's share of the prize reserve accounts reaches the amounts designated by
the MUSL Powerball Product Group. Once the party lottery's share of the prize
reserve accounts exceeds the designated amounts, the excess shall become part
of the grand prize pool. The MUSL Powerball Product Group, with the approval of
the Finance and Audit Committee, may establish a maximum balance for the prize
reserve accounts. The shares of a party lottery may be adjusted with refunds to
the party lottery from the prize reserve accounts as may be needed to maintain
the approved maximum balance and shares of the party lotteries. Any amount
remaining in a prize reserve account at the end of this game shall be carried
forward to a replacement prize reserve account or expended in a manner as
directed by the MUSL Powerball Product Group in accordance with State law.
(c) If the prize pool for a
drawing is not sufficient to fund an announced minimum grand prize, the prize
pool will be increased as necessary in accordance with MUSL rules.
Notes
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