Okla. Admin. Code § 429:10-1-3

Current through Vol. 42, No. 8, January 2, 2025

Section 429:10-1-3 - Retailer compensation

(a) Retailers will earn six-percent (6%) for each dollar of ticket sales plus three-quarters of one-percent (.75%) for each dollar of prizes $600.00 or less paid by the retailer.

(b) In the event OLC designates certain retailers to pay prizes of up to $5,000, pursuant to the Act and 429:10-1-7(b) (relating to payment of prizes), retailers so designated shall earn six-percent (6%) for each dollar of ticket sales plus three-quarters of one-percent (.75%) for each dollar of prizes $5,000 or less paid by the retailer; retailers so designated will receive $10 for each prize claim processed and forwarded to OLC for payment.

(c) Retailers may earn a bonus payment for selling a winning PowerBall or Lotto America ticket as provided herein:

(1) Powerball Jackpot prize ticket (6 of 6), not more than $25,000;

(2) PowerBall second level prize ticket (5 of 5 white balls with no PowerBall), not more than $5,000;

(3) Lotto America Jackpot prize ticket (6 of 6), not more than $5,000;

(4) Lotto America second level prize ticket (5 of 5 white balls with no All Star Bonus), not more than $1,000;

(5) MegaMillions Jackpot prize ticket (6 of 6), not more than $25,000;

(6) MegaMillions second level prize ticket (5 of 5 white balls with no MegaBall), not more than $5,000;

(d) This bonus payment will be paid to the retailer in a manner as determined by the Oklahoma Lottery Commission regardless of whether the winning prize ticket is claimed by the apparent winner or not. All bonus payment programs shall be approved by the Board of Trustees of the Oklahoma Lottery Commission prior to implementation.

Okla. Admin. Code § 429:10-1-3

Added at 23 Ok Reg 174, eff 10-10-05 (emergency); Added at 23 Ok Reg 179, eff 10-20-05 (emergency); Added at 23 Ok Reg 2778, eff 6-25-06; Amended at 24 Ok Reg 1092, eff 5-12-07; Amended at 25 Ok Reg 991, eff 5-11-08; Amended at 28 Ok Reg 1744, eff 6-26-11

Amended by Oklahoma Register, Volume 38, Issue 23, August 16, 2021, eff. 9/6/2021