Section 42-7A-23 - Amount from sale of tickets allocated for payment of prizes--Means of payment forprizes. - South Dakota Statutes

42-7A-23. Amount from sale of tickets allocated for payment of prizes--Means of payment for prizes. As nearly as practical, a minimum of fifty percent of the projected revenue from the sale of lottery tickets, computed on a year-round basis from the combined sale of instant and on-line lottery games, shall be allocated for payment of prizes. The executive director shall award the designated prize to the holder of the ticket upon validation of a winning claim ticket. The executive director may make payment for prizes by any means he deems appropriate upon the validation of winning tickets.

Source: SL 1987, ch 313, § 23; SL 1989, ch 372, § 2; SL 1990, ch 341, § 5.