N.J. Admin. Code § 17:43-1.4

Current through Register Vol. 56, No. 23, December 2, 2024
Section 17:43-1.4 - Prize disbursement restriction

Upon receipt of notice from the Office of Information Technology that a social security number match has been made, neither the Division of State Lottery nor the Department of the Treasury shall disburse the lottery prize (except a first annuity installment as described in 17:43-1.3 ) until notified that the hearing procedures set forth in this subchapter have been completed or that no hearing has been timely requested. Lottery prizes of more than $ 5,000 shall first be subjected to Federal income tax withholding before any other setoffs, deductions or set-asides under these rules. Lottery prizes in excess of $ 1,000 shall also be subjected to offset described in N.J.A.C. 17:42 before any setoffs, deductions or set-asides under these rules.

N.J. Admin. Code § 17:43-1.4

Amended by R.2003 d.432, effective 11/3/2003.
See: 35 New Jersey Register 2416(a), 35 New Jersey Register 5161(a).
Rewrote the section.