(a) “Corporation” means the Mississippi Lottery Corporation.

(b) “Lottery” means any game of chance approved by the corporation and operated pursuant to this chapter, which utilizes the sale of paper tickets for various intrastate and multistate or multisovereign lottery games (such as Pick-3, Pick-4, Mega Millions, Powerball), and “instant tickets” as defined, but specifically excluding any form of “video lottery” or use of “video lottery terminal” as defined.

(c) “Major procurement” means any item, product or service in the amount of One Million Dollars ($1,000,000.00) or more, including, but not limited to, major advertising contracts, annuity contracts, prizes, products, and services unique to the Mississippi lottery.

(d) “Net proceeds” means gross lottery revenues minus amounts paid as prizes and expenses of operation of the lottery.

(e) “Person” means any individual, corporation, partnership, unincorporated association or other legal entity.

(f) “President” means the President of the Mississippi Lottery Corporation, who shall also serve as chief executive officer of the corporation.

(g) “Retailer” means any person with whom the corporation has contracted to sell lottery tickets to the public.

(h) “Security” means the protection of information that would provide an unfair advantage to any individual involved in the operation of the lottery, protection and preservation of the integrity of lottery games and operations, as well as measures taken to prevent crimes against the corporation and its retailers.

(i) “Vendor” means any person who has entered into a contract with the corporation.

(j) “Fiscal year” means the fiscal year used by the State of Mississippi government.

(k) “Board” means the Mississippi Lottery Corporation Board of Directors.

(l) “Instant ticket” means a lottery game in which a player scratches a coating from one or more play areas on a ticket to determine if he or she has won, as indicated by the symbols and words that are revealed.

(m) “Video lottery” and “video lottery terminal” means any electronic interactive computerized game machine or device equipped with a video screen and buttons, keys, a keyboard, touchscreen or other input device allowing input by an individual player and into which the player inserts coins, tokens, currency or other representation of value (including, but not limited to, an electronic card, ticket or other thing on which value is recorded electronically) as consideration in order for play of a game to be available, and through which, as a result of the play of a game, the player may receive free games, credits redeemable for cash or a noncash prize, or some other thing of value, whether or not received directly from the device, or nothing, determined wholly or predominantly by chance.