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Can you summarize VTCR 01-130-002?
STATE LOTTERY COMMISSION > POWERBALL RULES
Short Summary
The provided legal document content pertains to the Powerball game operated by the Multi-State Lottery Association (MUSL), of which the Vermont State Lottery is a member. The document establishes the procedures and requirements for operating and playing Powerball. It applies to various entities involved in the game, including lottery players, agents or retailers, Party Lotteries, Licensee Lotteries, and Selling Lotteries. The document governs the allocation and distribution of the prize pool for all prize categories in the Powerball game. It outlines the establishment of various prize pool accounts and prize reserve accounts. The document also provides details on the probability of winning and the probable distribution of winners in each prize category. It specifies the rules and procedures for the payment of grand prizes, including the option to receive the prize as either a per winner annuity or a cash payment. The document also covers ticket ownership and transactions, including the determination of ticket ownership and the payment of prizes for tickets with multiple signatures. The rules and procedures apply to individuals who purchase Powerball plays in Vermont and those who attempt to claim prizes. Participants agree to comply with all applicable Vermont laws, rules, regulations, procedures, and decisions of the Lottery. Claims can only be pursued against the Selling Lottery that issued the play, and no claims can be made against other Participating Lotteries or the Multi-State Lottery Association (MUSL). The decisions made by the Selling Lottery are final and binding within the jurisdiction where the Powerball play was issued. The provided legal document content covers various aspects related to the Powerball Power Play promotion and the Powerball lottery game. It specifies that the Powerball Power Play promotion is an extension of the Powerball game and offers a chance to increase the amount of certain lump sum Set Prizes won in a drawing. The Grand Prize is not eligible for increase. A qualifying play is defined as a single Powerball play with the Power Play option, recorded as such in the Selling Lottery’s central computer. The document also mentions the availability of different multipliers (2, 3, 4, 5, or 10) for qualifying plays that win one of the seven lowest lump sum Set Prizes. The Power Play numbers are determined through a separate random drawing announced during the official Powerball drawing show. The document further explains the creation and management of the Power Play Prize Pool (PPP), which is funded by weekly prize contributions and holds temporary balances. It outlines the expected payout for different prize categories and mentions the possibility of carrying forward unused funds to subsequent draws. Additionally, the document provides information on the probability of winning in the Powerball lottery game, including the Power Play numbers and their corresponding probabilities. It notes that the Power Play amount for the Match 5+0 prize is two million dollars, but the Power Play does not apply to the Grand Prize. The document also governs the limitations on the payment of Power Play prizes, specifying the process for funding set prizes and the conversion to pari-mutuel prizes if there are insufficient funds. It applies to Party Lotteries, Licensee Lotteries, and outlines the responsibilities of Licensee Lotteries in calculating set pari-mutuel prize amounts. The provided legal document content pertains to agents selling Powerball and Power Play tickets. These agents are required to comply with all applicable Vermont laws, rules, regulations, procedures, and decisions of the Lottery, as well as all applicable MUSL (Multi-State Lottery Association) rules, regulations, and requirements. Each agent is entitled to receive a commission of 6.00 percent (6%) of gross receipts for Powerball and Power Play tickets sold by that agent. It is important to note that this commission applies only to Powerball and Power Play sales. The provided legal document content pertains to the Powerball Rules of the State Lottery Commission under the Governor of Vermont. These rules apply to the State Lottery Commission and individuals participating in the Powerball lottery in the state of Vermont. The document does not mention any specific exemptions or penalties for non-compliance. However, it is important to note that the document solely focuses on the Powerball Rules and does not cover other aspects of the State Lottery Commission’s operations or regulations.
Whom does it apply to?
Vermont State Lottery, Multi-State Lottery Association (MUSL), Powerball players, agents or retailers, Party Lotteries, Licensee Lotteries
What does it govern?
Procedures and requirements for operating and playing Powerball, allocation and distribution of the prize pool, payment of grand prizes, ticket ownership and transactions, Powerball Power Play promotion, probability of winning, payment of Power Play prizes, agents selling Powerball and Power Play tickets
What are exemptions?
No specific exemptions are mentioned in the provided document.
What are the Penalties?
No specific penalties are mentioned in the provided document.
Jurisdiction
Vermont