ยง 1618. Special drawings. a. General. The division may hold special
prize drawings each of which shall guarantee as a first prize to the
winner or winners an amount of not less than fifty million dollars,
including interest, such prize to be paid in a manner which the director
shall determine.
b. Reports. The division shall produce and issue a report, in such
format as the director may prescribe, no more than sixty days after a
prize drawing is held pursuant to subdivision a of this section. Such
report shall include at a minimum the following information pertaining
to such drawing: (1) sales revenue and prize distributions to include
amounts available for future special drawings, (2) administrative costs
paid or otherwise payable or distributed to agents, vendors and
contractors, (3) an analysis of the effect on sales of other game
drawings held during the period of time that tickets for a special prize
drawing were available to the public. A copy of such report will be
provided to the director of the budget, the chairman of the senate
finance committee and the chairman of the assembly ways and means
committee.
Structure New York Laws
Article 34 - New York State Lottery for Education
1603 - Division of the Lottery.
1604 - Powers and Duties of the Division.
1604-A - Posting of Signs to Assist Compulsive Gamblers.
1605 - Lottery Sales Agents and Other Licenses.
1606 - Authorization of Lottery Sales Agents.
1607 - Suspension and Revocation of Licenses.
1608 - Other Statutes Not Applicable.
1610 - Sales to Certain Persons Prohibited.
1611 - Delivery of Funds; Designation of Banks.
1612 - Disposition of Revenues.
1613 - Certification of Prize Winners; Payment of Prizes.
1613-A - Crediting of Lottery Prizes Against Past-Due Support.
1613-B - Crediting of Lottery Prizes Against Public Assistance Benefits.
1613-C - Crediting of Lottery Prizes Against Liabilities for Taxes Administered by the Commissioner.
1614 - Unclaimed and Abandoned Prize Money.
1615 - Fiscal Year of Lottery, Reporting Requirements and Fiscal Planning.
1616 - Continuation of Licenses.
1617 - Joint, Multi-Jurisdiction, and Out-of-State Lottery.