Summary of New Sweepstakes Programs
By Laura Mickelson
GENERAL
The classes and payout amounts have been changed. A ‘points’ payout program that is available at all levels of showing is now available for sweepstakes nominated horses. This requires an additional fee each year. In addition, sweepstakes nominated horses are eligible to win extra ‘allocated’ money at regionals and nationals.
Nominator gets 10 % of all point money earned by horses s/he nominated regardless of whether the horse is enrolled in the point program. Stallion owner continues to get 5% of all money earned. Original entry fee is $15,000 after March 1, 2006 and there will be no more specials. If you horse is not a breeding entry, it will be very expensive to get in later. All deadlines have been moved to March 1, 2006.
For additional information, go to http://www.arabianhorses.org/membership/convention/2005/new_sweepstakes.asp
The Q&A section is found at http://www.arabianhorses.org/membership/convention/2005/docs/SweepstakesQ&A05.pdf
SWEEPSTAKES POINT PROGRAM ENROLLMENT AND PRIZE MONEY PAYOUT
If your horse is sweepstakes nominated and you have paid the $100 annual Sweepstakes Point Program, your horse is eligible for prize money payout for accumulated points in Sweepstakes designated classes at National, Regional, and Local shows and events. Enrollments must be made on-line or postmarked or electronic transaction dated to the AHA office before the first say of the show. Show secretaries may not accept Sweepstakes Point Program Enrollments. The annual enrollment fee is $100 per horse that must be paid prior to any points being earned. The enrollment fee is not refundable and not transferable. Any points won before the payment of the $100 enrollment fee will not be paid. Sweepstakes ribbons will not be awarded at Local shows and events. Participating horses will receive points up to sixth place based on the number in the class.
Regional and National shows will pay points up to 5 and 10 placings respectively, but if there are fewer than nine entries in regional classes or nineteen entries in national classes, 50%, rounded up, will earn points.
Prize money will be calculated annually based on nominations and enrollment fees and will be paid after the show season has ended.
For additional detail, refer to AHA 2006 Handbook, Article 1817(8-15).
SWEEPSTAKES ALLOCATED PRIZE MONEY
When all Sweepstakes requirements are met, horses are automatically eligible to receive Allocated Prize Money in designated regional and national classes. There is no additional fee.
Prize money will be calculated annually based on nominations and enrollment fees.
For additional detail, refer to AHA 2006 Handbook, Article 1817(4-7).
Summary provided courtesy of the Minnesota Arabian Horse Association.