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Administrative Rules
Rule 48:03:18:06 Second prize liability limits.

          48:03:18:06.  Second prize liability limits. The winner or winners of the second prize who are not required to receive a lump sum cash payment and who do not request the cash option shall be paid their appropriate prize share on an annual basis for a minimum period of twenty years. The initial prize payment shall be made when the prize is claimed at the lottery's office; subsequent prize payments shall be made annually thereafter.

 

          Source: 43 SDR 146, effective May 24, 2017.

          General Authority: SDCL 42-7A-21(1)(3)(17).

          Law Implemented: SDCL 42-7A-21(3), 42-7A-23.

 

Online Archived History: