75-14.034, F.A.C.

75-14.034. Progressive Jackpots

Last amended: 2011Year: 2026Length: 166 wordsOfficial source

Cite as Fla. Admin. Code r. 75-14.034

(1) All progressive systems or controllers shall have the ability to record the following information for each progressive amount: (a) The current prize amount; (b) The number of progressive wins; (c) The history of at least the last five progressive awards; (d) The starting award value; (e) The jackpot award value limit, if applicable; (f) The initial incremental percentage rate at which an award is increased; (g) The secondary incremental percentage rate at which an award is increased after the jackpot limit is reached; (h) The overflow incremental percentage increment rate for the reserve pool; (i) The base reset amount after the progressive jackpot is awarded; and, (j) The slot machines participating in the progressive jackpot. (2) Any modification of a progressive system or reset of a progressive jackpot amount shall require: (a) Prior written notification to the division; and, (b) The presence of a division representative. (3) All progressive jackpot amounts shall be equal to or greater than the reset amount of each progressive machine.
75-14.034, F.A.C.: 75-14.034. Progressive Jackpots | Justis AI