The value of a race to a winner shall be computed by deducting from the sum total of the prize money the amount of the winner's fees and the money payable to other horses or persons, except jockey's fees, thus arriving at the net money winnings.

Source: 5 SDR 87, effective April 15, 1979; transferred from § 20:04:03:45, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority: SDCL 42-7-56.

Law Implemented: SDCL 42-7-56.