Woodbine Entertainment today announced a mandatory payout will be offered for the Jackpot Hi-5 this Saturday evening (July 30) at Woodbine Mohawk Park.

The Jackpot Hi-5 wager is now frozen with a carryover of $262,569.27 until Saturday’s mandatory payout. The mandatory payout race will be the final race on Saturday’s card.

The Jackpot Hi-5 requires horseplayers to select the top five finishers in order. A horseplayer can win the entire jackpot if they hold the only winning ticket for that evening’s wager. If there are multiple winning tickets, half the pool is paid out, while the other half is added to the carryover.

The minimum for the Jackpot Hi-5 is $0.20, while the takeout is 15 per cent.

Live racing continues every Monday, Tuesday, Thursday, Friday and Saturday at Woodbine Mohawk Park. Post time each evening is 7 p.m.

(Woodbine Entertainment)