Ind. Code § 4-36-2-13.5

Current through P.L. 171-2024

Section 4-36-2-13.5 - "Profits"

"Profits" means the difference between:

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

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

IC 4-36-2-13.5

Added by P.L. 19-2011, SEC. 2, eff. 7/1/2011.