Indiana Code Title 4. State Offices and Administration § 4-36-4-6

(1) the retailer's total gross revenue from the retailer's type II gambling operations in the preceding year;  minus

(2) the sum of any amounts deducted under subsection (b) in the preceding year.

(1) An amount equal to the total value of the prizes awarded in type II gambling games in the preceding year.

(2) The sum of the purchase prices paid for type II gambling games dispensed in the retailer's type II gambling operation in the preceding year.

(3) An amount equal to the amount of license fees paid by the retailer in the preceding year.