Montana Lottery Financial Statements (Unaudited) June 30, 2004
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In our eReader you can find the full English version of the book. Read Montana Lottery Financial Statements (Unaudited) June 30, 2004 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Montana Lottery Financial Statements (Unaudited) June 30, 2004
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The amounts in the Unreserved Account may be used at the Board's discretion.
The Powerball Set Prize Reserve Account is used to fund prize payments for current drawings. Since the Powerball game has fixed prizes, it is often necessary to draw from this reserve to fund payment of prizes at the fixed amount. This account would be returned to the Lottery upon withdrawal from the Powerball Game.
The Lottery contributes to these reserve funds through the 50% set aside for prizes.
In addition the Lot...tery was required to contribute for its portion of the reserve funds accumulated since the start of the Powerball game. The Lottery made this payment in full as of June 1990, through an additional 2% of drawing revenue rather than making a lump sum payment. Payments made to this fund are considered a portion of prize expense associated with the game.
The Wild Card Reserve Account is to be used in the event of an unanticipated prize claim on the Wild Card game. This account is also administered by MUSL and would be returned to the Lottery one year after the Wild Card Product Group of Idaho, Montana and South Dakota is disbanded.
What to read after Montana Lottery Financial Statements (Unaudited) June 30, 2004?
You can find similar books in the "Read Also" column, or choose other free books by Montana Lottery to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The amounts in the Unreserved Account may be used at the Board's discretion.
The Powerball Set Prize Reserve Account is used to fund prize payments for current drawings. Since the Powerball game has fixed prizes, it is often necessary to draw from this reserve to fund payment of prizes at the fixed amount. This account would be returned to the Lottery upon withdrawal from the Powerball Game.
The Lottery contributes to these reserve funds through the 50% set aside for prizes.
In addition the Lot...tery was required to contribute for its portion of the reserve funds accumulated since the start of the Powerball game. The Lottery made this payment in full as of June 1990, through an additional 2% of drawing revenue rather than making a lump sum payment. Payments made to this fund are considered a portion of prize expense associated with the game.
The Wild Card Reserve Account is to be used in the event of an unanticipated prize claim on the Wild Card game. This account is also administered by MUSL and would be returned to the Lottery one year after the Wild Card Product Group of Idaho, Montana and South Dakota is disbanded.
What to read after Montana Lottery Financial Statements (Unaudited) June 30, 2004?
You can find similar books in the "Read Also" column, or choose other free books by Montana Lottery to read onlineMoreLess
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