Revised Code of Washington

Wash. Rev. Code § 67.70.250 (2026)

Methods for payment of prizes by installments

✓ current as of May 2026
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If the director decides to pay any portion of or all of the prizes in the form of installments over a period of years, the director shall provide for the payment of all such installments for any specific lottery game by one, but not both, of the following methods:
(1) The director may enter into contracts with any financially responsible person or firm providing for the payment of such installments; or
(2) The director may establish and maintain a reserve account into which shall be placed sufficient moneys for the director to pay such installments as they become due. Such reserve account shall be maintained as a separate and independent fund outside the state treasury.
[ 1987 c 511 s 11; 1982 2nd ex.s. c 7 s 25.]
Notes of Decisions
Cited in 2 cases, 1996–1997 · leading case: CLEAN v. State, 928 P.2d 1054 (Wash. 1996).
CLEAN v. State, 928 P.2d 1054 (Wash. 1996). “240 and 1987 c 513 s 7 are each amended to read as follows: The moneys in the state lottery account shall be used only: (1) For the payment of prizes to the holders of winning lottery tickets or shares; (2) for purposes of making deposits into the reserve account created by RCW…”
Clean v. State, 928 P.2d 1054 (Wash. 1997). “240 and 1987 c 513 s 7 are each amended to read as follows: The moneys in the state lottery account shall be used only: (1) For the payment of prizes to the holders of winning lottery tickets or shares; (2) for purposes of making deposits into the reserve account created by RCW…”
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