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Ind. Code § 4-36-2-13.5 – "Profits" | Midpage
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Indiana Code
Title 4
36
Chapter 2
§ 13.5
Ind. Code § 4-36-2-13.5
"Profits"
As added by P.L.19-2011, SEC.2.
"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.
As added by P.L.19-2011, SEC.2.