606.1 Unless annuitized payments are authorized by this title, prizes shall be paid in a single cash payment.

606.2 The Office may elect to fund annuitized prize payments directly, through purchase of annuities or by other means.

606.3 Except as otherwise provide in Chapters 6 or 9 of this title, annuitized prizes shall be paid annually in thirty (30) payments with the initial payment being made in cash or check, to be followed by twenty-nine (29) payments funded by the annuity. All annuitized prizes shall be paid annually in thirty (30) graduated payments (increasing each year) by a rate as determined by the Executive Director. Prize payments may be rounded down to the nearest one thousand dollars ($ 1,000).

606.4 In the event of a Mega Millions prize winner selects the cash value option, the prize winner's share shall be paid in a single payment upon completion of internal validation procedures. The cash value option shall be determined by the Mega Millions lotteries.

606.5 The Mega Millions annuitized prize shall be paid in thirty (30) graduated consecutive annual installments upon completion of internal validation procedures. The initial payment shall be paid upon completion of internal validation procedures. The subsequent twenty-nine (29) payments shall be paid graduated annually to coincide with the month of the Federal auction date at which the bonds were purchased to fund the annuity with graduated annual installments defined in the Mega Millions lotteries' Finance and Operations Procedures. All such payments shall be made within seven (7) days of the anniversary of the annual auction date.

606.6 If individual shares of the cash held to fund an annuity is less than two hundred fifty-thousand dollars ($250,000.00) the Mega Millions lotteries, in their sole discretion, may elect to pay the winners their share of the cash held in the Jackpot Prize Pool.

606.7 Lotto America Grand Prizes shall be paid, at the election of the player made no later than sixty (60) days after the player becomes entitled to the prize, with either a per-winner annuity or single lump sum payment (which may be referred to as the "cash option"). If the payment election is not made at the time of purchase and is not made by the player within sixty (60) days after the player becomes entitled to the prize, then the prize shall be paid as an annuity prize. –

606.8 Shares of the Grand Prize shall be determined by dividing the funds available in Lottery and Charitable Games

the Grand Prize Pool equally among all winning Plays of the Grand Prize. Winner(s) who elect a cash option payment shall be paid their share(s) in a single lump sum payment.

606.9 If individual shares of the Grand Prize Pool funds held to fund an annuity are less than $250,000.00, the Lotto America Product Group, in its sole discretion, may elect to pay the winners their share of the funds held in the Grand Prize Pool.

606.10 [RESERVED].

SOURCE: Final Rulemaking published at 29 DCR 2202, 2211 (May 28, 1982); as amended by Final Rulemaking published at 39 DCR 7439, 7447 (October 2, 1992); as amended by Final Rulemaking published at 40 DCR 6959, 6960 (October 1, 1993); as amended by Final Rulemaking published at 44 DCR 6248 (October 31, 1997); as amended by Final Rulemaking published at 45 DCR 1438 (March 13, 1998); as amended by Final Rulemaking published at 50 DCR 1526 (February 14, 2003); as corrected by Errata Notice published at 50 DCR 10654 (December 12, 2003); as amended by Final Rulemaking published at 52 DCR 7224 (August 5, 2005); as amended by Final Rulemaking published at 56 DCR 73 (January 2, 2009); as amended by Final Rulemaking published at 57 DCR 974 (January 22, 2010); as amended by Final Rulemaking published at 60 DCR 14816 (October 18, 2013); as amended by Final Rulemaking published at 61 DCR 10266 (October 3, 2014); as amended by Final Rulemaking published at 64 DCR 10543 (October 20, 2017); as amended by Final Rulemaking published at 72 DCR 003898 (April 4, 2025); as amended by Final Rulemaking published at 72 DCR 010754 (October 3, 2025).