Jackpot Pay-out definition
Jackpot Pay-out means money, tokens, payout receipts, wagering vouchers, electronic money transfers made from a slot machine through the use of a cashless wagering system and the actual cost to the licensee of personal property, other than travel expenses, food, refreshments, lodging, or services distributed to a slot machine player as a result of a legitimate wager.
Examples of Jackpot Pay-out in a sentence
Specifications for the Jackpot Payout Report: Date/Time Date and time that the player hit the jackpot.
The Licensee will receive two reports on a daily basis: a Contribution Fund Report and a Jackpot Payout Report.