D.C. Mun. Regs. r. 30-916

Current through Register Vol. 71, No. 25, June 21, 2024

Rule 30-916 - DISTRICT DOLLARS RAFFLE GAME PRIZE POOL, PRIZE STRUCTURE AND PROBABILITY OF WINNING

916.1

The District Dollars Raffle Game will offer a total of sixteen (16) prizes.

916.2

The prize pool for all prize categories shall consist of fifty percent (50%) of each drawing period sales based on a sale of 40,000 tickets.

916.3

The District Dollars Raffle Game is a weekly raffle game with fixed payout for the prizes which pays prizes based on a sale of 40,000 tickets at ($1.00) one dollars each are as follows:

Number of Winners Per 40,000 Tickets	Win
1	$10,000
5	$1,000
10	$500

916.4 The following table sets forth the probability of winning and the probable distribution of winners in and among each prize category, based upon selling all 40,000 weekly raffle tickets.

Set Prize Amount	Number of Prizes	Overall Odds	Amount Paid	Percentage Of Sales	Percentage Of Payout
$10,000	1	1:40,0000	$10,000	25%	25%
$1,000	5	1:8,0000	$5,000	10%	12.5%
$500	10	1:4,000	$5,000	15%	12.5%
Total	16	1:2,500	$20,000	50%	50%

D.C. Mun. Regs. r. 30-916

Final Rulemaking published at 46 DCR 3080 (April 2, 1999) and 54 DCR 6442 (June 29, 2007); as amended by Final Rulemaking published at 56 DCR 8846 (November 13, 2009)

Section header amended by Final Rulemaking published at 56 DCR 8846 (November 13, 2009).

Authority: D.C. Official Code § 3-1306, District of Columbia Financial Responsibility and Management Assistance Authority Order issued September 21, 1996, and Office of the Chief Financial Officer Financial Management Control Order No. 96-22 issued November 18, 1996