Prize Fund definition

Prize Fund means the fund maintained by the Australian Soccer Pools Bloc in accordance with the agreement referred to in rule 23(1) and consisting of the prize pool and the prize reserve fund;

Prize Fund means an account established under Section 27 of the Act and known as the Powerball Prize Fund Account;

Prize Fund means the fund maintained by the Australian Lotto Bloc in accordance with the agreement referred to in rule 18(1) and consisting of the Saturday lotto prize pool and the prize reserve fund;

Examples of Prize Fund in a sentence

• When the income from any Prize Fund exceeds the value of the prize, the Council, at their discretion, may award one or more extra prizes in appropriate subjects so far as the income allows.

• When the income from a Prize Fund in any year in which the prize is awarded is insufficient to meet the value of the prize, the income may be supplemented from the general revenues of the College to the extent needed to meet that value.

• If in a Draw there is no valid winning Entry in Division One of a particular Authorised Lottery, then the amount allocated to Division One from the Prize Fund for that Draw of that Authorised Lottery shall add to and form part of the amount allocated to Division One in the next Draw of that Authorised Lottery.

• All decisions made by the Chief Executive Officer concerning the Prize Fund and the declaration and payment of Prizes shall be final and binding on all Players.

• The "Missouri State Lottery Imprest Prize Fund" is hereby created.

More Definitions of Prize Fund

Prize Fund means a prescribed percentage of subscriptions (inclusive of any prize reserve) that is allocated for distribution among winning participants in a pari‑mutuel prize game;

Prize Fund means, in relation to a Promotion, the sum that you agree to pay us for us to source Prizes as set out in the Media Schedule or as otherwise agreed between the parties;

Prize Fund means the number of dollars available to fund all Prizes.

Prize Fund means the fund maintained by the Powerball Bloc in accordance with the agreement referred to in rule 18 and consisting of the powerball prize pool and the prize reserve fund;

Prize Fund means the amount of money available from each game’s ticket sales from which the Lottery pays that game’s prizes.

Prize Fund means the account established for payment of prizes that receives an amount which, when added to cash prizes and cheques drawn on venues, equals seventy five percent (75%) of wagers.

Prize Fund means that portion of Mega Millions gross sales set aside for the payment of prizes.