State Liability Limits. For Daily Games. Below is Georgia's

Reply #2

LottoBux — Wed, 12 Mar 2014 04:44:10 GMT

Probably Per Draw..

Ontario's Pick 4 Limit Is 2 Million Per Draw

The Pick 3 Payouts Are Pari-Mutuel.

From The OLG Website

OLG limits the total amount payable for prizes per draw to $2 million. Should the aggregate of the prizes available to be won by all winning tickets for the draw exceed $2 million, then the prize amounts are reduced and are determined in proportion to the amount that would, except for this provision, otherwise have been won on the draw.

The $2 million total pri... [ More ]

Reply #1

grwurston — Wed, 12 Mar 2014 03:54:33 GMT

Is the cash limit per day, week, month, year? That second sentence, very revealing.

State Liability Limits. For Daily Games. Below is Georgia's

Ilovecash3 — Wed, 12 Mar 2014 00:30:46 GMT

Q.Why did the Georgia Lottery Corporation set a liability limit in CASH 3 CASH 4?

A.The GLC has an obligation to raise as many dollars for educational programs in Georgia as we can while also ensuring that we have funds available to pay winners. To accomplish this, we must be able to limit our potential payout to an amount that we expect to reasonably pay based on the sales we generate for this game. The liability limit for CASH 3 is $18 million and for CASH 4 is $8 million.