"Profits"

Ind. Code § 4-36-2-13.5
in effect
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Sec. 13.5. "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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026

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