Starting in 2023 - Nominator Gets Paid!
Posted by Future Fortunes on 12/16/2022
- Beginning January 1, 2023, Future Fortunes will start paying 20% of the Future Fortunes Bonus Money (referred to Bonus Money from here on out) to the breeder/nominator of the Future Fortunes horse, depending on what year the horse was nominated.
- The breeder of any foal nominated into the Future Fortunes program on or prior to December 31, 2022, will continue to receive 20% of Bonus Money earned by the Future Fortunes enrolled horse, regardless of who made the nomination payment. The breeder (if foal was paid into program prior to January 1, 2023) will receive the 20% for life, no substitutions.
- Starting January 1, 2023 and after, the person who is listed as the nominator of the foal on the “New Foal Enrollment Form” will receive 20% of Bonus Money earned by the Future Fortunes horse. Whoever is nominating the horse (breeder, owner) will need to put their name in the “Nominator” box on the “New Foal Enrollment Form” in order to receive the 20% paid to nominators.
The new payment percentage payout, starting January 1, 2023 is as follows:
Owner – 60% • Stallion Owner – 20%
Breeder/Nominator – 20% (depending on when the foal was paid into the Future Fortunes program.