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Schedule B2

(continued)

Games with Merchandise Prizes. Merchan-

Example B

• Subtracting a negative from a positive:

dise prizes must be paid for directly from the

Calculate as if the negative is a positive and add.

1. Cash count at end of game

gambling bank account. If the game has mer-

Col. K = 200 Col. J = (300)

including starting bank . . . . . . . . . . . . . . 100.00

200 – (300) = 500 cash long

chandise prizes only, figure the cash-in-hand

2. Starting bank . . . . . . . . . . . . . . . . . . . . . . 200.00

• Subtracting a negative from a negative:

by subtracting the cost of the prizes from the

3. Column K: Cash-in-hand

Calculate as if the second negative is a positive and

cash count at the end of the game (i.e., the

(subtract step 2 from step 1) . . . . . . . . . (100.00)

add.

Col. K = (500) Col. J = (200)

deposit amount) (see Example C).

(500) – (200) = (300) cash short

Col. K = (200) Col. J = (500)

Reimbursing the Starting Bank. If the

(200) – (500) = 300 cash long

Example C

cash-in-hand for a game is a negative

1. Cash count at end of game

amount, reimburse the starting bank by

not including starting bank . . . . . . . . . . 300.00

writing a check from your gambling account

Defective Games

2. Cost of merchandise prizes . . . . . . . . . . 200.00

payable to “Cash Game Bank. ” Record the

3. Column K: Cash-in-hand

You may discover defective games before or

following information on the check memo

(subtract step 2 from step 1) . . . . . . . . . 100.00

after a game has been put into play, or after

line:

the game is removed from play. Examples of

If a game has both cash and merchandise

MEMO: Replenish game bank, date removed

defective games include games with:

prizes, call our office for instructions.

Mfg. ID, part #, serial #

• Mismatched or multiple serial numbers

You should replenish starting cash banks

List each game separately on the deposit slip.

• Defective tickets (e.g., tickets that do not

within four business days after the game

Also list the amount paid for merchandise

open, blank tickets, delaminated tickets

is removed from play. Starting banks not

prizes separately with the barcode informa-

[face and back separated], tickets with

replenished by the end of the month should

tion for the game and site permit number.

bad die cuts, bad glue or bad printing,

be reported as unreimbursed starting banks

etc.)

Progressive Tipboard or Pull-Tab Prizes.

on Form G1, line 24b.

Each progressive tipboard game played makes

• Incorrect or missing information (e.g.,

It is recommended that the organization

a contribution to the progressive jackpot

incorrect selling prices on tickets or flare,

maintain a reserve start bank (a cash bank

included in Column I, but the amount of the

flares without Minnesota logo, wrong

amount that is kept in the safe and only

jackpot prize is not actually paid out at that

flare with the game, etc.)

used to temporarily replenish other active

time. The deposit for the game is the profit

• Prize discrepancies (e.g., extra winners,

cash banks). When the cash-in-hand is a

from the game (net receipts) plus the pro-

not enough winners, prizes that do not

negative amount, the organization can use

gressive tipboard jackpot prize contribution.

match prizes listed on flare, etc.)

the reserve start bank to replenish the start

Figure the cash-in-hand by subtracting the

bank. The organization should then reim-

amount of the jackpot contribution from the

Mismatched or Multiple Serial

burse their reserve bank as soon as reason-

cash count at the end of the game excluding

Numbers

ably possible by writing a check from the

the starting bank (see Example D).

A game with mismatched serial numbers is

gambling account.

a game in which the serial numbers on the

Making Deposits. Gambling receipts must

Example D

sales invoice, barcode labels, flare and game

be deposited in the gambling bank account

1. Cash count at end of game

tickets do not match.

within four business days after the game

including starting bank . . . . . . . . . . . . . 600.00

A game with multiple serial numbers is a

is removed from play for paper bingo, tip-

2. Starting bank . . . . . . . . . . . . . . . . . . . . . 300.00

game where tickets have two or more dif-

board, paddlewheel, raffle and paper pull-

3. Deposit (subtract step 2 from step 1) . . 300.00

ferent serial numbers.

tab games.

4. Contribution to progressive jackpot . . . 100.00

5. Column K: Cash-in-hand

Before you place a game into play, check

Generally, the amount you deposit for the

(subtract step 4 from step 3) . . . . . . . . 200.00

that the serial numbers on the sales invoice,

game is the same as the amount of cash-

barcode labels (on the box, inside the box

in-hand in Column K (see Games with

Column L

and on the flare) and game tickets match.

Merchandise Prizes and Progressive Tipboard

Cash Long or Short

or Pull-Tab Prizes on this page for excep-

If they do not, or if you find multiple serial

Subtract Column J from Column K. See

tions). On the deposit slip, list the amount

numbers, return the game to the distributor

Example E for examples of how to sub-

from each game separately and include:

for full credit for the cost of the game and

tract combinations of negative and positive

taxes.

• Manufacturer ID

numbers.

• Part number of the game

You must provide the distributor with a

• Serial number of the game

written statement that the game is defective.

Example E—Column K minus Column J

• Site where the game was played

Record the date the game was returned to

the distributor in your inventory records.

• Subtracting a positive from a positive:

Remember to get a receipt from the dis-

Col. K = 400 Col. J = 500

400 – 500 = (100) cash short

tributor when the game is picked up.

Col. K = 500 Col. J = 400

Note for multiple serial numbers: Your

500 – 400 = 100 cash long

records should indicate all serial numbers.

• Subtracting a positive from a negative:

Calculate as if the positive is a negative and add.

Col. K = (200) Col. J = 300

Continued

(200) – 300 = (500) cash short

Minnesota Lawful Gambling Tax Instructions Booklet - Minnesota Department Of Revenue Page 9

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