1. (a) The accounting period for purposes of preparing retailer invoices shall be weekly from Saturday at 12:00 midnight through the following Saturday at 11:59:59 p.m.
2. (b) All packs of instant tickets settled in an accounting period and for which the prize validation requirements specified in (c) of this Section have occurred, and all sales of draw game tickets occurring within the accounting period will be invoiced to the retailer, less any retailer commissions and/or OLC authorized adjustments. The retailer invoice will be available through the OLC lottery sales terminal after 6:00 a.m. on Sunday, immediately following the end of the accounting period.

3. (c) For instant games, retailers may select one of the following three (3) settlement options. Retailers must select a settlement option during the initial contract process and can change their selection at any time during the fiscal year.

   1. (1) Settlement Option 1: all ticket packs activated by the retailer or by the OLC on behalf of the retailer for which eighty percent (80%) of the winning low-tier tickets contained in the pack have been validated by the end of the previous accounting period will be included in the current retailer weekly invoice. Any pack which has been activated for a period of thirty (30) days will be invoiced to the retailer, even if eighty percent (80%) of the pack's winning low-tier tickets have not been validated. In the event a retailer activates concurrently two or more instant game packs from the same game, the first pack activated will be included in the current retailer weekly invoice regardless of how many low-tier tickets have been validated from the first If a retailer has been authorized in the OLC’s gaming system to sell more than one pack at a time, the second activation will not automatically settle the first pack. Retailers will be assigned a number of active packs, of the same game, by location before an auto-settlement occurs. An auto-settlement will occur on a per pack basis based on the number of packs, of the same game, activated above the pre-authorized system number.
   2. (2) Settlement Option 2: all ticket packs will be settled 21 days after activation, at which time such settled packs will be included on the weekly invoice for the week in which they were settled. In the event a retailer activates concurrently two or more instant game packs from the same game, the first pack activated will be included in the current retailer weekly invoice, except in situations where the retailer has two or more selling locations within the same retail business, in which case the first pack activated will be included in the current retailer weekly invoice when the third or subsequent pack of that game is activated.
   3. (3) Settlement Option 3: all ticket packs will be settled immediately on activation, at which time such settled packs will be included on the weekly invoice for the week in which they were settled.
4. (d) The retailer invoice will provide a calculation of the proceeds due the OLC. The proceeds will be equal to the retail value of instant game ticket packs, plus the retail value of draw game ticket sales, less applicable sales or cashing commissions, less any winning tickets paid by the retailer during the accounting period, plus or minus any adjustments to the retailer account authorized by OLC.
5. (e) For purposes of calculating the retailer invoice, free ticket prizes validated by the retailer shall have the same value as the applicable retail value of free ticket(s) provided to the claimant.

Added at 23 Ok Reg 174, eff 10-10-05 (emergency)

Added at 23 Ok Reg 2778, eff 6-25-06

Amended at 24 Ok Reg 1092, eff 5-12-07

Amended at 28 Ok Reg 1744, eff 6-26-11

Amended at 33 Ok Reg 1749, eff 10-9-16

Amended at 38 Ok Reg 1179, eff 9-6-21

Amended at 42 Ok Reg, Number 20, effective 7-11-25