Lotteries Commission (Saturday Lotto) Amendment Rules 2014 (WA)
| 1386 | GOVERNMENT GAZETTE, WA | 6 May 2014 |
L0301*
Lotteries Commission Act 1990
Lotteries Commission (Saturday Lotto)
Amendment Rules 2014
Made by the Lotteries Commission under section 28(1) of the Act.
1. Citation
These rules are the Lotteries Commission (Saturday Lotto)
Amendment Rules 2014.2. Commencement
These rules come into operation as follows —
(a)
rules 1 and 2 — on the day on which these rules are published in the Gazette;
(b) the rest of the rules — on the day after that day. subscription of 60 cents per game and an agent's component. 3. Rules amended
These rules amend the Lotteries Commission (Saturday Lotto)
Rules 1996.4. Schedule 1 replaced
Delete Schedule 1 and insert:
Schedule 1 — Calculating the total cost of entry —
Saturday lotto draw
[r. 5(1)]
Part 1 — Formula applicable up to and including draw 3441
on 12 July 2014
The unit cost of entering a Saturday lotto draw is made up of a
6 May 2014 GOVERNMENT GAZETTE, WA 1387 The agent's component is calculated as 9% of the total subscription amount for a particular week's entry, rounded* (where necessary) to the nearest 5 cent multiple.
((G x $0.60) x .09 -* rounded) x W = I
where -
G = No. of games entered in a draw
W = No. of weeks the entry spansT = Total agent's component cost payable by the subscriber
Examples:
The total cost of entry for a Slikpik 25 entry for a single Saturday lotto draw is calculated as follows -
Subscription for one week
[25 games @ $0.60 each] = $15.00 9% of subscription [.09 x $15.00] = $1.35 Total cost of entry = $16.35 The total cost of entry for a System 8 entry for a single Saturday lotto draw is calculated as follows -
Subscription for one week
[28 games @ $0.60 each] = $16.80 9% of subscription [.09 x $16.80] = $1.512 Rounded using "bankers rounding" = $1.50 Total cost of entry = $18.30 The total cost of entry for a 6 game board System 9 entry for a single
Saturday lotto draw is calculated as follows -
Subscription for one week
[6 x 84 games @ $0.60 each] = $302.40
9% of subscription [.09 x $302.40] = $27.216 Rounded using "bankers rounding" = $27.20 Total cost of entry = $329.60 The total cost of entry for a Slikpik 25 entry spanning 10 weeks of
Saturday lotto is calculated as follows -
Subscription for one week
[25 games @ $0.60 each] = $15.00 9% of subscription [.09 x $15.00] = $1.35 Total cost of entry for one week = $16.35 Total cost of entry for 10 weeks = $163.50 * Rounding is calculated using the method known as "bankers
rounding" or "round-to-even" rounding.
| 1388 | GOVERNMENT GAZETTE, WA | G May 2011 |
Part 2 - Formula applicable to draw 3443 on 19 July 2014
and subsequent draws
The unit cost of entering a Saturday lotto draw is made up of a subscription of 65 cents per game and an agent's component.
The agent's component is calculated as 9% of the total subscription amount for a particular week's entry, rounded* (where necessary) to the nearest 5 cent multiple.
((6 x $0.65) x .09 —* rounded) x W = I
where —
O = No. of games entered in a draw
W = No. of weeks the entry spansT = Total agent's component cost payable by the subscriber
Examples:
The total cost of entry for a Slikpik 25 entry for a single Saturday lotto draw is calculated as follows —
Subscription for one week
[25 games @ $0.65 each] = $16.25 9% of subscription [.09 x $16.25] = $ 1.462 Rounded using "bankers rounding" = $1.50 Total cost of entry = $17.75 The total cost of entry for a System 8 entry for a single Saturday lotto draw is calculated as follows —
Subscription for one week
[28 games @ $0.65 each] = $18.20 9% of subscription [.09 x $18.20] = $ 1.638
Rounded using bankers rounding" = $1.65
Total cost of entry = $19.85 The total cost of entry for a 6 game board System 9 entry for a single
Saturday lotto draw is calculated as follows —
Subscription for one week
[6 x 84 games @ $0.65 each] = $327.60 9% of subscription [.09 x $327.60] = $29.484 Rounded using "bankers rounding" = $29.50 Total cost of entry = $357.10 The total cost of entry for a Slikpik 25 entry spanning 10 weeks of
Saturday lotto is calculated as follows —
Subscription for one week
[25 games @ $0.65 each] = $16.25
6 May 2014 GOVERNMENT GAZETTE, WA 1389
9% of subscription [.09 x $16.25] = $ 1.462 Rounded using "bankers rounding" = $1.50 Total cost of entry for one week = $17.75 Total cost of entry for 10 weeks = $177.50 * Rounding is calculated using the method known as "bankers
rounding" or "round-to-even" rounding.5. Schedule 3 amended
(1) Delete Schedule 3 Part 1 and insert:
Part 1 - Up to and including draw 3441 on 12 July 2014
Unit cost for a Saturday lotto draw $0.60 (+ a 9%
agent's
component)Prize fund - % of subscriptions 60.0% Prize pool - % of subscriptions no less than 55% Prize reserve fund - % of subscriptions balance of prize
fund after prize
pool
(up to 5.0%)Number of divisions 6 Winning numbers drawn 6 Supplementary numbers drawn 2 Forecast range 1 to 45 inclusive Odds of winning division 1 1 in 8 145 060 division 2 1 in 678 755 division 3 1 in 36 690 division 4 1 in 733
division 5 1 in 298 division 6 1 in 144 Systems range 4-5/7-20 inclusive Multiweek options (if available) 2, 5 or 10 weeks Advance sales (maximum) (if available) 10 weeks Games per playslip (minimum) 4 Systems entries per playslip (maximum) 18
(subject to
maximum
aggregate entry
cost)Games per playslip (maximum) 18 Games per oral request (default) 12, 18, 25, 30 or
50Games per oral request (if available) 4 to 50 Syndicate entries may be purchased (if available) (see Part 2A)
| 1390 | GOVERNMENT GAZETTE, WA | 6 May 2014 |
Systems entries per oral request 1 Slikpik entries per oral request 1 Prize payout period 12 months Maximum aggregate entry cost $100 000 (2) In the heading to Schedule 3 Part 2 delete -3081 on
29 January 2011" and insert:3443 on 19 July 2014 (3) In Schedule 3 Part 2 delete "$0.60" and insert: $0.65 The Common Seal of the ) Commission was affixed on the ) 20th day of March 2014, ) by order and in the presence of— ) JOHN ATKINS, Chairperson. GARRY TRINDER, Member. MARIA HARRIES, Member.
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