New York Consolidated Laws, Tax Law - TAX § 1618. Special drawings

a. General.  The division may hold special prize drawings each of which shall guarantee as a first prize to the winner or winners an amount of not less than fifty million dollars, including interest, such prize to be paid in a manner which the director shall determine.

b. Reports.  The division shall produce and issue a report, in such format as the director may prescribe, no more than sixty days after a prize drawing is held pursuant to subdivision a of this section.  Such report shall include at a minimum the following information pertaining to such drawing:  (1) sales revenue and prize distributions to include amounts available for future special drawings, (2) administrative costs paid or otherwise payable or distributed to agents, vendors and contractors, (3) an analysis of the effect on sales of other game drawings held during the period of time that tickets for a special prize drawing were available to the public.  A copy of such report will be provided to the director of the budget, the chairman of the senate finance committee and the chairman of the assembly ways and means committee.