(13) Prize Amount-The value of cash and/or merchandise which is awarded as a prize, as valued under §402.200(f) of this chapter. (12) Prize-An award of collectible items, merchandise, cash, bonus pull-tabs, and additional pull-tab bingo tickets, individually or in any combination. (11) Payout Structure-The printed information that appears on a pull-tab bingo ticket that shows the winnable prize amounts, the winning patterns required to win a prize, and the number of winners for each category of prize.
(10) Payout Schedule-A printed schedule prepared by the manufacturer that displays: (A) the name of the pull-tab bingo game (B) the form number of the pull-tab bingo game (C) the total card count of the pull-tab bingo game (D) the cost per pull-tab bingo ticket (E) the number of prizes to be awarded and the corresponding prize amount or jackpot for each category of the pull-tab bingo game (F) the number of winners for each category of prize (G) the profit of the pull-tab bingo game (H) the percentage of payout or the percentage of profit of the pull-tab bingo game and (I) the payout(s) of the pull-tab bingo game. (9) Pay-Out-The total sum of all possible prize amounts in a pull-tab bingo game. (8) Merchandise-Any non-cash item(s), including bingo equipment, provided to a licensed authorized organization that is used as a prize.
Bingo pull tabs registration#
(7) Last Sale-The purchaser of the last pull-tab bingo ticket(s) sold in a deal with this feature is awarded a prize or a registration for the opportunity to win a prize. (6) High Tier-The two highest paying prize amounts as designated on the pull-tab bingo ticket and on the game's flare. A form number may be numeric, alpha, or a combination of numeric and alpha characters. (5) Form Number-The unique identification number assigned by the manufacturer to a specific pull-tab bingo game. (4) Flare-A poster or placard that must display: (A) a form number of a specific pull-tab bingo game (B) the name of the pull-tab bingo game (C) the total card count of the pull-tab bingo game (D) the cost per pull-tab bingo ticket (E) the number of prizes to be awarded and the corresponding prize amounts of the pull-tab bingo game and (F) the name of the manufacturer or trademark. (3) Face-The side of a pull-tab bingo ticket, which displays the artwork of a specific game.
Bingo pull tabs serial number#
(2) Deal-A separate and specific game of pull-tab bingo tickets of the same serial number and form number. The following words and terms, shall have the following meanings, unless the context clearly indicates otherwise: (1) Bingo Ball Draw-A pulling of a bingo ball(s) to determine the winner of an event ticket by either the number or color on the ball(s).