Expected Prize Payout Percentages Sample Clauses

Expected Prize Payout Percentages. The Jackpot Prize shall be determined on a pari-mutuel basis. Except as provided in these rules, all other prizes awarded shall be paid as set prizes with the following expected prize payout
Sample 1
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Expected Prize Payout Percentages. The Jackpot Prize shall be determined on a pari-mutuel basis. Except as provided in these rules, all other prizes awarded shall be paid as set prizes with the following expected prize payout percentages, although the actual prize payout percentage per drawing will vary by drawing. Estimated Percentage of Prize Pool Match Per MM Play Prize Category Prize Payment Allocated to Prize Category Five first set numbers and the one number of the second set Jackpot Prize Jackpot Prize 75.3018%* Five first set numbers and none of the second set Second Prize $1,000,000 7.9319% Four first set numbers and the one number of the second set Third Prize $10,000 1.0742% Four first set numbers and none of the second set Fourth Prize $500 1.2889% Three first set numbers and the one number of the second set Fifth Prize $200 1.3749% Three first set numbers and none of the second set Sixth Prize $10 1.6498% Two first set numbers and the one number of the second set Seventh Prize $10 1.4436% One first set number and the one number of the second set Eighth Prize $4 4.4752% None of the first set numbers and the one number of the second set Ninth Prize $2 5.4597% *The Jackpot Prize shall include the estimated MM Prize Pool percentage allocated to the Jackpot Prize combined with estimated JJ Prize Pool percentage allocated to the Jackpot Prize.
Sample 1Sample 2
Expected Prize Payout Percentages. The Grand Prize shall be determined on a pari-mutuel basis. Except as provided in these rules and except for winning prizes sold by the California Lottery, all other prizes awarded shall be paid as set cash prizes with the following expected prize payout percentages, that does not include an additional amount held in prize reserves: All five (5) of first set plus one (1) of second set. Grand Prize 65.154% All five (5) of first set and none of second set. $1,000,000.00 10.815% Any four (4) of first set plus one (1) of second set. $5,000.00 1.352% Any four (4) of first set and none of second set. $500.00 1.893% Any three (3) of first set plus one (1) of second set. $50.00 0.933% Any three (3) of first set and none of second set. $5.00 1.306% Any two (2) of first set plus one (1) of second set. $5.00 2.114% Any one (1) of first set plus one (1) of second set. $2.00 7.083% None of first set plus one (1) of second set. $1.00 9.350% Number of Matches Per Play Prize Pool Percentage Prize Payment Allocated to Prize Amended March 29, 2013; June 25, 2013 to be effective with the drawing on October 22, 2013.
Sample 1
Expected Prize Payout Percentages. The Grand Prize shall be determined on a pari- mutuel basis. Except as provided in these rules, all other prizes awarded shall be paid as set cash prizes with the following expected prize payout percentages: All five (5) of first set plus one (1) of second set. Grand Prize 65.0577%* All five (5) of first set and none of second set. $200,000 7.7849% Any four (4) of first set plus one (1) of second set. $10,000 2.7657% Any four (4) of first set and none of second set. $100 1.0510% Any three (3) of first set plus one (1) of second set. $100 1.4658% Any three (3) of first set and none of second set. $7 3.8991% Any two (2) of first set plus one (1) of second set. $7 1.7785% Any one (1) of first set plus one (1) of second set. $4 6.4789% None of first set plus one (1) of second set. $3 9.7184% Number of Matches Per Play Prize Pool Percentage Prize Payment Allocated to Prize * When the Grand Prize reaches a new high level, the Prize Pool Percentage allocated to the Grand Prize shall be reduced to that percentage needed to fund the maximum Grand Prize increase as determined by the Product Group, with the remainder funding the Match 5 Bonus Prize category. Amended July 5, 2002; May 4, 2005; August 20, 2008.
Sample 1
Expected Prize Payout Percentages. The Grand Prize shall be determined on a pari- mutuel basis. Except as provided in these rules and except for winning prizes sold by the California Lottery, all other prizes awarded shall be paid as set cash prizes with the following expected prize payout percentages, which does not include an additional amount held in prize reserves:
Sample 1
Expected Prize Payout Percentages. The Mega Millions Grand Prize payout shall be determined on a pari-mutuel basis. Except as otherwise provided in these rules all other prizes awarded by Party Lotteries shall be paid as single payment prizes. All prize payouts are made with the following expected prize payout percentages, which does not include any additional amount contributed to or held in prize reserves, although the prize payout percentages per draw may vary: All five (5) of first set plus one (1) of second set. Grand Prize 75.3018%* 37.6509% All five (5) of first set and none of second set. $1,000,000.00 7.9319% 3.9659% Any four (4) of first set plus one (1) of second set. $10,000.00 1.0742% 0.5371% Any four (4) of first set and none of second set. $500.00 1.2889% 0.6445% Any three (3) of first set plus one (1) of second set. $200.00 1.3749% 0.6875% Any three (3) of first set and none of second set. $10.00 1.6498% 0.8249% Any two (2) of first set plus one (1) of second set. $10.00 1.4436% 0.7218% Any one (1) of first set plus one (1) of second set. $4.00 4.4752% 2.2376% None of first set plus one (1) of second set. $2.00 5.4597% 2.7298% MM Prize Pool Percentage MM Sales Percentage Number of Matches Per MM Play Prize Payment Allocated to Prize Allocated to Prize * The Mega Millions Grand Prize shall include the MM Prize Pool percentage allocated to the Mega Millions Grand Prize combined with JJ Prize Pool percentage allocated to the Mega Millions Grand Prize. Amended March 29, 2013; June 25, 2013 to be effective with the drawing on October 22, 2013; June 5, 2014; June 14, 2016 to be effective with the drawing on October 18, 2016; June 15, 2017 to be effective with the drawing on October 31, 2017; October 28, 2019 to be effective with the drawing on April 21, 2020.
Sample 1
Expected Prize Payout Percentages. The First Prize payout shall be determined on a pari-mutuel basis. Except as otherwise provided in these rules all other prizes awarded by Party Lotteries shall be paid as single payment prizes. All prize payouts are made with the following expected prize payout percentages, which does not include any additional amount contributed to or held in prize reserves, although the prize payout percentages per draw may vary: Number of Matches Per MM Play DP Prize Pool Percentage Prize Payment Allocated to Prize DP Sales Percentage Allocated to Prize All five (5) of first set plus one (1) of second set. First Prize - $10,000,000.00 % 3.3050% All five (5) of first set and none of second set. $500,000.00 % 3.9660% Any four (4) of first set plus one (1) of second set. $30,000.00 % 3.2223% Any four (4) of first set and none of second set. $1,500.00 % 3.8668% Any three (3) of first set plus one (1) of second set. $500.00 % 3.4372% Any three (3) of first set and none of second set. $25.00 % 4.1246% Any two (2) of first set plus one (1) of second set. $25.00 % 3.6090% Any one (1) of first set plus one (1) of second set. $10.00 % 11.1880% None of first set plus one (1) of second set. $4.00 % 10.9194%
Sample 1
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Related to Expected Prize Payout Percentages

  • OPWC/Local Subdivision Participation Percentages For the sole and express purpose of financing/reimbursing costs of the Project, the estimated costs of which are set forth and described below, the Recipient hereby designates its Local Subdivision Percentage Contribution as amounting to a minimum total value of 50% of the total Project Cost. The OPWC Participation Percentage shall be 50% not to exceed $100,000.

  • PERCENTAGE GOAL The goal for Historically Underutilized Business (HUB) participation in the work to be performed under this contract is 23.7 % of the contract amount.

  • VESTED RETIREMENT GRATUITY VOLUNTARY EARLY PAYOUT a) An Employee eligible for a Sick Leave Credit retirement gratuity as per Appendix A shall have the option of receiving a payout of his/her gratuity on August 31, 2016, or on the employee’s normal retirement date.

  • Free Credit Balances Your selection of a sweep program above will not be effected until your Account paperwork has been accepted by LPL as being in good order. Until such time, available cash balances (from securities transactions, dividend and interest payments, deposits and other activities) will not be automatically swept and will be held as a free credit balance. A free credit balance is a liability of LPL and payable to the Account on demand. Interest will not be paid to the Account on free credit balances. Unless we hear from you to the contrary, it is our understanding that any free credit balances held in your Account are pending investment. Free credit balances may be used by LPL in the ordinary course of its business subject to the requirements of Rule 15c3-3 under the Securities Exchange Act of 1934. The use of customer free credit balances generally generates revenue for LPL in the forms of interest and income, which LPL retains as additional compensation for its services to its clients. Under these arrangements, LPL will generally earn interest or a return based on short-term market interest rated prevailing at the time. If you are acting on behalf of a Plan, the Responsible Plan Fiduciary agrees that it has independently determined that holding cash balances, pending LPL’s acceptance of the Account, as a free credit balance, which does not earn income for the Plan, is both (i) reasonable and in the best interests of the Plan and (ii) that the Plan receives no less, nor pays no more, than adequate consideration with respect to this arrangement. If the Responsible Plan Fiduciary chooses to avoid holding un-invested cash as a free credit balances, the Plan should not fund the Account until after the Account paperwork has been accepted by LPL as being in good order.

  • Shift Differential Pay A. An employee shall receive additional compensation at the rate of seventy five cents (75¢) per hour for all hours worked on a shift when the majority of hours worked on the shift are between 5:30 p.m. and 7:30 a.m. and in locations where these classes are regularly assigned shift work.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Full-Time Equivalent (FTE) and Employer Contributions a) The FTE used to determine the Board’s benefits contributions will be based on the average of the Board’s FTE as of October 31st and March 31st of each year.

  • Are My Contributions to a Traditional IRA Tax Deductible Although you may make a contribution to a Traditional IRA within the limitations described above, all or a portion of your contribution may be nondeductible. No deduction is allowed for a rollover contribution (including a “direct rollover”) or transfer. For “regular” contributions, the taxability of your contribution depends upon your tax filing status, whether you (and in some cases your spouse) are an “active participant” in an employer-sponsored retirement plan, and your income level. An employer-sponsored retirement plan includes any of the following types of retirement plans: • a qualified pension, profit-sharing, or stock bonus plan established in accordance with IRC 401(a) or 401(k); • a Simplified Employee Pension Plan (SEP) (IRC 408(k)); • a deferred compensation plan maintained by a governmental unit or agency; • tax-sheltered annuities and custodial accounts (IRC 403(b) and 403(b)(7)); • a qualified annuity plan under IRC Section 403(a); or • a Savings Incentive Match Plan for Employees of Small Employers (SIMPLE Plan). Generally, you are considered an “active participant” in a defined contribution plan if an employer contribution or forfeiture was credited to your account during the year. You are considered an “active participant” in a defined benefit plan if you are eligible to participate in a plan, even though you elect not to participate. You are also treated as an “active participant” if you make a voluntary or mandatory contribution to any type of plan, even if your employer makes no contribution to the plan. If you are not married (including a taxpayer filing under the “head of household” status), the following rules apply: • If you are not an “active participant” in an employer- sponsored retirement plan, you may make a contribution to a Traditional IRA (up to the contribution limits detailed in Section 3). • If you are single and you are an “active participant” in an employer-sponsored retirement plan, you may make a fully deductible contribution to a Traditional IRA (up to the contribution limits detailed in Section 3), but then the deductibility limits of a contribution are related to your Modified Adjusted Gross Income (AGI) as follows: Year Eligible to Make a Deductible Contribution if AGI is Less Than or Equal to: Eligible to Make a Partially Deductible Contribution if AGI is Between: Not Eligible to Make a Deductible Contribution if AGI is Over: 2020 $65,000 $65,000 - $75,000 $75,000 2021 & After - subject to COLA increases $66,000 $66,000 - $76,000 $76,000 If you are married, the following rules apply: • If you and your spouse file a joint tax return and neither you nor your spouse is an “active participant” in an employer-sponsored retirement plan, you and your spouse may make a fully deductible contribution to a Traditional IRA (up to the contribution limits detailed in Section 3). • If you and your spouse file a joint tax return and both you and your spouse are “active participants” in employer- sponsored retirement plans, you and your spouse may make fully deductible contributions to a Traditional IRA (up to the contribution limits detailed in Section 3), but then the deductibility limits of a contribution are as follows: Year Eligible to Make a Deductible Contribution if AGI is Less Than or Equal to: Eligible to Make a Partially Deductible Contribution if AGI is Between: Not Eligible to Make a Deductible Contribution if AGI is Over: 2020 $104,000 $104,000 - $124,000 $124,000 2021 & After - subject to COLA increases $105,000 $105,000 - $125,000 $125,000 • If you and your spouse file a joint tax return and only one of you is an “active participant” in an employer- sponsored retirement plan, special rules apply. If your spouse is the “active participant,” a fully deductible contribution can be made to your IRA (up to the contribution limits detailed in Section 3) if your combined modified adjusted gross income does not exceed $196,000 in 2020 or $198,000 in 2021. If your combined modified adjusted gross income is between $196,000 and $206,000 in 2020, or $198,000 and $208,000 in 2021, your deduction will be limited as described below. If your combined modified adjusted gross income exceeds $206,000 in 2020 or $208,000 in 2021, your contribution will not be deductible. Your spouse, as an “active participant” in an employer- sponsored retirement plan, may make a fully deductible contribution to a Traditional IRA if your combined modified adjusted gross income does not exceed the amounts listed in the table above. Conversely, if you are an “active” participant” and your spouse is not, a contribution to your Traditional IRA will be deductible if your combined modified adjusted gross income does not exceed the amounts listed above. • If you are married and file a separate return, and neither you nor your spouse is an “active participant” in an employer-sponsored retirement plan, you may make a fully deductible contribution to a Traditional IRA (up to the contribution limits detailed in Section 3). If you are married, filing separately, and either you or your spouse is an “active participant” in an employer-sponsored retirement plan, you may not make a fully deductible contribution to a Traditional IRA. Please note that the deduction limits are not the same as the contribution limits. You can contribute to your Traditional IRA in any amount up to the contribution limits detailed in Section 3. The amount of your contribution that is deductible for federal income tax purposes is based upon the rules described in this section. If you (or where applicable, your spouse) are an “active participant” in an employer- sponsored retirement plan, you can refer to IRS Publication 590-A: Figuring Your Modified AGI and Figuring Your Reduced IRA Deduction to calculate whether your contribution will be fully or partially deductible. Even if your income exceeds the limits described above, you may make a contribution to your IRA up to the contribution limitations described in Section 3. To the extent that your contribution exceeds the deductible limits, it will be nondeductible. However, earnings on all IRA contributions are tax deferred until distribution. You must designate on your federal income tax return the amount of your Traditional IRA contribution that is nondeductible and provide certain additional information concerning nondeductible contributions. Overstating the amount of nondeductible contributions will generally subject you to a penalty of $100 for each overstatement.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

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