Indiana Code § 4-32.3-5-16

Pull tab, punchboard, and tip board prize limits
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Sec. 16. (a) The total prizes awarded for one (1) pull tab, punchboard, or tip board game may not exceed fifteen thousand dollars ($15,000).       (b) A single prize awarded: (1) for one (1) winning ticket in a pull tab, punchboard, or tip board game may not exceed five hundred ninety-nine dollars ($599); (2) in a game using a seal card may not exceed one thousand dollars ($1,000); and (3) in a progressive or carryover pull tab game may not exceed fifteen thousand dollars ($15,000).       (c) The selling price for one (1) ticket for a pull tab, punchboard, or tip board game may not exceed five dollars ($5).

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