23 CAR § 355-1010. Jackpot payouts in the form of an annuity

(a) For purposes of this section, the phrase annuity jackpot refers to any EGS jackpot offered by a franchise holder or multilicense progressive system pursuant to which a patron wins the right to receive cash payments at specified intervals in the future. (b) No annuity jackpot shall be permitted unless it provides for the payment of fixed amounts at fixed intervals which must clearly be stated to the player.