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4-36-5-6. Minimum payouts

IN Code § 4-36-5-6 (2019) (N/A)
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Sec. 6. (a) Except as provided in subsection (b), a type II gambling game must pay out at least seventy-five percent (75%) and not more than one hundred percent (100%) of the amount wagered.

(b) This subsection applies only to a type II gambling game ticket that is sold for less than one dollar ($1). A type II gambling game subject to this subsection must comply with the following minimum payout percentages:

Purchase Price

Minimum Payout Percentage

$0.10

60%

$0.25

65%

Three (3) tickets for one dollar ($1)

65%

$0.50

70%

(c) A type II gambling game's payout percentage must be stated on the ticket or on the accompanying flare.

As added by P.L.95-2008, SEC.13. Amended by P.L.108-2009, SEC.20.

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4-36-5-5. Prize limits
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4-36-5-7. Individuals prohibited from playing type II gambling games