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Current as of January 02, 2024 | Updated by Findlaw Staff
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 a qualified organization to conduct a bingo event in which the total prizes for the event may exceed six thousand dollars ($6,000). Bingo events authorized under this subsection may be conducted at a festival.
(d) The proceeds of the sale of pull tabs, punchboards, and tip boards are not included in the total prize limit at a bingo event.
Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-32.3-5-15 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-32-3-5-15/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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