Indiana Code 4-36-2-13.5. “Profits”

Current as of: 2023 | Check for updates | Other versions

Sec. 13.5. “Profits” means the difference between:

(1) the total amount of money exchanged for the purchase of a raffle ticket in a qualified drawing; minus

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(2) the total cost of the prizes awarded in the qualified drawing.

As added by P.L.19-2011, SEC.2.

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