N.Y. Comp. Codes R. & Regs. tit. 9 § 4622.12
No single prize in any casino-type game of chance shall exceed the sum or value of $300. In the game of chance known as merchandise wheels, no single prize consisting of merchandise shall exceed a value, defined in section 4622.13 of this Part, of $250. In the game of chance known as bell jars, no single prize shall exceed the sum of $500. In the game of chance known as raffle no single prize shall exceed the sum of $100,000. Except for merchandise wheels, bell jars and raffles, no series of prizes on any one occasion shall aggregate more than $400 for each single type of game of chance when the licensed authorized organization conducts five single types of games of chance during any one license period. Except for merchandise wheels, bell jars and raffles, no series of prizes on any one occasion shall aggregate more than $500 for each single type of game of chance when the licensed authorized organization conducts less than five single types of games of chance during any one license period. Except for the limitations on the sum or value for single prizes and series of prizes for each type of game of chance, no limit shall be imposed on the total number, sum or value of prizes awarded to any one participant during any occasion or any license period. No single wager shall exceed the amount designated for each type of game, as set forth in Part 4620 of this Title. In the case of merchandise wheels, no series of prizes consisting of merchandise shall exceed the actual value of $10,000 during the successive operations of any one merchandise wheel. In the case of bell jars, no series of prizes shall exceed the sum of $3,000 during the successive operations of any one bell jar deal. In the case of raffles, the series of prizes shall not exceed the sum of $500,000. One or more signs limiting the wager to the amount designated for each type of game, as set forth in Part 4620 of this Title, shall be prominently displayed in each playing area. In the case of bell jars, the applicable flare(s) shall be displayed in each playing area.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 4622.12