N.Y. Comp. Codes R. & Regs. tit. 9 § 5005.6

Current through Register Vol. 46, No. 50, December 11, 2024

Section 5005.6 - Payment of subscription prizes

(a)Amount below a threshold. A prize that is less than $600 will be placed into the subscriber account created prior to purchase of the subscriber's first subscription. Such prize may be used to purchase additional subscriptions or the subscriber may request a cash-out and receive payment for any unpaid prizes. Payment will be made to the individual subscriber whose name appears on the application.

(b)Amount at or above a threshold. A prize that is $600 or more will be remitted to the individual subscriber whose name appears on the application minus any required withholding amount and offsets.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5005.6

Amended New York State Register March 16, 2016/Volume XXXVIII, Issue 11, eff. 3/16/2016

Amended New York State Register April 10, 2024/Volume XLVI, Issue 15, eff. 4/10/2024