(a) 'Gross receipts' means the total amount of money exchanged for the purchase of:(1) pull tabs;(2) punchboards;(3) tip boards; and(4) raffle tickets purchased in a qualified drawing in which the retailer retains the profits of the qualified drawing;by the patrons of a type II gaming operation.(b) The term does not include any amount wagered on qualified drawings conducted by a retailer under IC 4-36-5-1(c) in which the total amount wagered is returned to the retailer's patrons in the form of prizes.As added by P.L.95-2008, SEC.13. Amended by P.L.108-2009, SEC.14; P.L.19-2011, SEC.1.
Indiana Legal Code