There is a newer version of this Section
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2017 Revised Code of Washington
Title 67 - SPORTS AND RECREATION—CONVENTION FACILITIES
67.70 State lottery.
67.70.250 Methods for payment of prizes by installments.

Universal Citation: WA Rev Code § 67.70.250 (2017)
Previous Next

RCW 67.70.250 Methods for payment of prizes by installments.

If the director decides to pay any portion of or all of the prizes in the form of installments over a period of years, the director shall provide for the payment of all such installments for any specific lottery game by one, but not both, of the following methods:

(1) The director may enter into contracts with any financially responsible person or firm providing for the payment of such installments; or

(2) The director may establish and maintain a reserve account into which shall be placed sufficient moneys for the director to pay such installments as they become due. Such reserve account shall be maintained as a separate and independent fund outside the state treasury.

[ 1987 c 511 § 11; 1982 2nd ex.s. c 7 § 25.]

Previous Next
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.