Each video lottery terminal shall meet the following maximum and minimum theoretical percentage payout during the expected lifetime of the terminal: (1) Video lottery games shall pay out no less than eighty percent and no more than ninety- five percent of the amount wagered. The theoretical payout percentage shall be determined using standard methods of probability theory; (2) Manufacturers shall file a request and receive written approval from the commission prior to manufacturing for placement in this state video lottery guames programmed for a payout greater than ninety-two percent of the amount wagered. Commission approval shall be obtained prior to applying for testing of the high payout terminals; and (3) Each game shall have a probability greater than onae in seventeen million of obtaining the maximum payout for each play.
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