Section 901.624. Minimum percentages for prizes  


Latest version.
  • A distributor or manufacturer of punchboards may not sell or otherwise provide to a person in this Commonwealth or for use in this Commonwealth a punchboard that does not contain the following minimum prizes:

    (1) At least 60% of the maximum potential gross receipts from the sale of plays on each punchboard placed out for play shall be payable as prizes in cash or merchandise. For the purposes of determining the percentage of prizes offered on a punchboard under this section, total merchandise prizes shall be the cash value of the merchandise.

    (2) Single cash prizes on punchboards may not exceed:

    (i) Five hundred dollars in cash.

    (ii) A merchandise prize or combination merchandise prize, which has a cash value of more than $500.

    (3) Multiple winners on an individual punch may not exceed the single cash or merchandise prize limit in paragraph (2).