prize amount definition
prize amount means the difference between the chit amount and the discount, and in the case of a fraction of a ticket means the difference between the chit amount and the discount proportionate to the fraction of the ticket, and when the prize amount is payable otherwise than in cash, the value of the prizes amount shall be the value at the time when it becomes payable;
prize amount means the pari-mutuel and/or set prize values established for a game.
prize amount means the total amount of money awarded as the Prize based on the costs outlined by the Recipient in the Application form and as approved by the Panel.
More Definitions of prize amount
prize amount means the chitty amount, whether payable in cash, kind or any other article of value, less the discount; it includes, in the case of a fraction of a ticket, the difference between the proportionate chitty amount and the discount on the particular fraction of the ticket; when the prize is payable in movables it means the value thereof at the time it becomes payable;
prize amount means the difference between the chit amount and the discount;
prize amount means the prize amount payable to a prize winning ticket in a lottery draw;
prize amount means the Kuri amount less the discount; it includes in the case of the fraction of a ticket the difference between the proportionate Kuri amount and the discount on the particular fraction of the ticket.