Section 323.70  Mandatory Distribution

a)         A written request for permission to distribute the WPS Pick (n) carryover on a specific performance may be submitted to the State Director of Mutuels. The request must contain justification for the distribution, an explanation of the benefit to be derived, and the intended date and performance for the distribution.

b)         Should the WPS Pick (n) carryover be designated for distribution on a specified date and performance in which there are no wagers selecting a winning contestant in each of the WPS Pick (n) contests, the entire pool shall be distributed as a single price pool to those who selected a winning contestant in the greatest number of WPS Pick (n) contests. The WPS Pick (n) carryover shall be designated for distribution on a specified date and performance only under the following circumstances:

1)         Upon written approval from the State Director of Mutuels as provided for in subsection (a).

2)         Upon written approval from the State Director of Mutuels when there is a change in the carryover cap, a change from one type of WPS Pick (n) wagering to another, or the WPS Pick (n) is discontinued.

3)         On the closing performance of the meet, split meet or successive or intervening race meeting at the same race track.

c)         If, for any reason, the WPS Pick (n) carryover must be held over to the corresponding WPS Pick (n) of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the Sate Director of Mutuels. The WPS Pick (n) carryover plus accrued interest shall then be added to the net WPS Pick (n) pool of the following meet on a date and performance designated by the State Director of Mutuels.

d)         With written approval of the Board, the organization licensee may contribute to the WPS Pick (n) carryover a sum of money up to any cap designated by the Board.