Points Rummy is a fast-paced variant of Rummy where each game lasts one deal and the player with the best valid sequence combination of cards wins all points from the other players. The objective is to arrange cards into at least two sequences, including one pure sequence, or sets. Players take turns drawing and discarding cards until someone declares their sequences and sets, or drops out early. Scoring is based on the cards left in losing hands, with special rules for early drops or invalid declarations. The winner collects the total points from all losers multiplied by the point value for the table.