{"data":{"id":"us-tx/tex.-government-code-466.403","jurisdiction":"us-tx","citation":"Tex. Government Code § 466.403","heading":"PAYMENT OF PRIZE IN INSTALLMENTS.","body":"If the director determines that prize money is to be paid in installments, the comptroller shall invest funds from the state lottery account as necessary to ensure the payment of the installments. The investments may be in securities, annuities, or other instruments as determined by the comptroller.\nAdded by Acts 1993, 73rd Leg., ch. 107, Sec. 4.03(b), eff. Aug. 30, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.21, eff. Sept. 1, 1997.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE E. OTHER EXECUTIVE AGENCIES AND PROGRAMS","CHAPTER 466. STATE LOTTERY","SUBCHAPTER I. PRIZES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.466.htm#466.403","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"78bb16d9fa77877ec27977c5361e5d97604bde8eba4be624fa910a806148ab8c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-466.402","next":"us-tx/tex.-government-code-466.404"},"notice":"GroundRules: Original legal text. Not legal advice."}
