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They represent either the winning or losing codes. The winning codes are only valid if the amount won is under $600, anything above that will be a random three letters that makes no sense.

$1 - one

$2-two

$3 - thr

$5 - fiv

$10 - ten

$15 - ftn

$20 - Twy

$40 - fry

$50 - fty

$100 - hun

$200 - thn

If you're lucky enough to get anything above that the letters will be random.

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10y ago

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