New York Codes, Rules and Regulations › Title 9 - EXECUTIVE DEPARTMENT › Subtitle T - New York State Gaming Commission › Chapter II - Division of Charitable Gaming › Subchapter B - Authorized Games Of Chance, Games Of Chance Currency, Conduct Of Games And Supplies And Equipment › Part 4620 - Authorized Games Of Chance › Section 4620.24 - Treasure Chest Raffle

Current through Register Vol. 46, No. 28, July 10, 2024
(a) Equipment.
					 Two different-colored series of two-part, sequentially numbered raffle tickets;
					 two raffle ticket drums or receptacles; a game commission; a chest; a lock to
					 secure the chest; and a number of keys predetermined by the licensee and listed
					 in its house rules and on its raffle license application (if applicable). Only
					 two of the keys shall be capable of opening the lock. One of those keys must be
					 marked by the locksmith as a master key, and secured at all times by a
					 member-in-charge; the other key, and all of the remaining (losing) keys, shall
					 be unmarked and maintained in accordance with this section. The game commission
					 shall have a number of nails protruding from the commission at an angle that
					 permits the keys to be hung on one nail at a time. The number of nails shall be
					 equal to the total number of keys in play at the start of the Treasure Chest
					 Raffle.
(b) The play.
(1) The licensee shall sell one series of
					 two-part, sequentially numbered raffle tickets designated as prize winning
					 tickets, depositing one part of each ticket sold into the prize winning raffle
					 ticket drum or receptacle and presenting the other part of that ticket to the
					 purchaser to retain as a receipt for verification purposes.
(2) The member-in-charge shall remove the
					 licensee's designated percentage of the sales of raffle tickets sold during
					 that occasion as raffle profit, and shall secure those funds for deposit into
					 the special games of change raffle checking account, if applicable, or other
					 bank account.
(3) The
					 member-in-charge shall remove 10 percent of the remaining funds, and shall
					 divide that amount into five equal parts that shall be designated as the
					 primary prize pool.
(4) The
					 member-in-charge shall insert the remaining prize money (the secondary prize)
					 into the treasure chest and lock it.
(5) After a single key is hung on each of the
					 nails, one-half of a different colored series of two-part, serial-numbered
					 tickets designated as key tickets shall be affixed to each of the nails, and
					 the other halves of the those tickets shall be deposited into a raffle ticket
					 receptacle designated the key ticket receptacle.
(6) All prize winning ticket stubs shall be
					 randomly commingled and thoroughly intermixed in the prize winning ticket
					 raffle ticket drum or receptacle; five tickets shall be drawn by a licensed
					 organization's member-in-charge from that drum or receptacle; and the five
					 players holding the corresponding ticket stubs shall each be awarded one-fifth
					 of the primary prize pool.
(7) The
					 member-in-charge shall draw a key ticket from the key ticket receptacle for
					 each of those five players, and each of the keys hanging on the game commission
					 under the raffle ticket stubs corresponding with each of the player's stubs is
					 presented to the five winning players. Each player shall attempt to open the
					 lock on the treasure chest using his or her key.
(8) If none of the keys opens the lock, the
					 raffle is closed for that occasion; the five key tickets are destroyed; and the
					 member in charge removes the keys that did not open the locks from
					 play.
(9) At the conclusion of that
					 occasion, the member-in-charge shall remove the cash from the treasure chest
					 using a master key; the losing keys shall be locked in the treasure chest; the
					 key ticket receptacle, the key tickets therein, and the game commission with
					 its remaining keys and key tickets shall be securely stored by the
					 member-in-charge; and the remaining cash prize shall be deposited into the
					 games of chance (raffle) checking account (if applicable), where it will remain
					 until that amount is added to the treasure chest immediately prior to the start
					 of the next occasion the treasure chest raffle will be conducted.
(10) During the next occasion, 60 percent of
					 the proceeds from the sale of tickets for that occasion shall be added to the
					 dollar amount reserved from the previous occasion, and the procedures outlined
					 above shall be repealed for a new raffle.
(11) The procedures described above shall be
					 repeated during each subsequent occasion until the lock is opened and the
					 winner is awarded the secondary prize.
(12) If the secondary prize has not been
					 awarded during an occasion on or about 170 days after the start of ticket sales
					 for a treasure chest raffle, an announcement shall be made during that occasion
					 that the remaining tickets will be drawn during the next bingo occasion until a
					 winner of the secondary prize is awarded.
(13) After the secondary prize is awarded,
					 all of the key tickets on the game commission and in the key ticket receptacle
					 shall be discarded; and all of the keys secured by the
					 member-in-charge.