Queensland Consolidated Regulations

LOTTERIES REGULATION 2007 - REG 17BG

17BG Guaranteed minimum prize payout for division 1

(1) This section applies if—

(a) a minimum prize payout in division 1 in a drawing of a lottery has been guaranteed; and

(b) there is not enough money in the division 1 share of the prize pool and the bonus prize reserve for the payout.

(2) The lottery operator must make available the shortfall for the payout from the lottery operator’s own funds.

(3) However, if there is no winner in division 1 , the amount made available from the bonus prize reserve or by the lottery operator under subsection (2) must not be used to decide the amount of a jackpot prize pool for a subsequent drawing.

(4) The lottery operator may be reimbursed from the bonus prize reserve for money made available by the lottery operator under subsection (2) .