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4-32.3-5-15. Bingo event prize limits

IN Code § 4-32.3-5-15 (2019) (N/A)
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Sec. 15. (a) The prize for:

(1) one (1) bingo game may not have a value of more than one thousand dollars ($1,000); and

(2) a progressive bingo game may not have a value of more than two thousand dollars ($2,000).

(b) Except as provided in subsection (c), the total prizes permitted at one (1) bingo event may not have a value of more than six thousand dollars ($6,000).

(c) The commission may, by express authorization, allow any qualified organization to conduct two (2) bingo events each year at which the total prizes for each event may not exceed ten thousand dollars ($10,000). Bingo events authorized under this subsection may be conducted at a festival.

(d) The commission may, by express authorization, allow a qualified organization to conduct a bingo event in which the total prizes for the event may exceed ten thousand dollars ($10,000).

(e) The proceeds of the sale of pull tabs, punchboards, and tip boards are not included in the total prize limit at a bingo event.

As added by P.L.58-2019, SEC.4.

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4-32.3-5-16. Pull tab, punch board, and tip board prize limits