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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 add.

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

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

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

deposit amount) (see Example C).

(500) – (200) = (300) cash short

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

(200) – (500) = 300 cash long

Reimbursing the Starting Bank. If

Example C

the cash-in-hand for a game is a nega-

1. Cash count at end of game

tive amount, reimburse the starting bank

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

Defective Games

by writing a check from your gambling

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

You may discover defective games before

account payable to “Cash Game Bank.”

3. Column K: Cash-in-hand

or after a game has been put into play,

Record the following information on the

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

or after the game is removed from play.

check memo line:

Examples of defective games include

If a game has both cash and merchandise

MEMO: Replenish game bank, date removed

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

Progressive Tipboard or Pull-Tab Prizes.

etc.)

on Form G1, line 24b.

Each progressive tipboard game played

• Incorrect or missing information (e.g.,

It is recommended that the organization

makes a contribution to the progressive

incorrect selling prices on tickets or flare,

maintain a reserve start bank (a cash bank

jackpot included in Column I, but the amount

flares without Minnesota logo, wrong

amount that is kept in the safe and only

of the jackpot prize is not actually paid out

flare with the game, etc.)

used to temporarily replenish other active

at that time. The deposit for the game is the

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

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

profit from the game (net receipts) plus the

not enough winners, prizes that do not

negative amount, the organization can use

progressive tipboard jackpot prize contribu-

match prizes listed on flare, etc.)

the reserve start bank to replenish the start

tion. Figure the cash-in-hand by subtracting

bank. The organization should then reim-

the amount of the jackpot contribution

Mismatched or Multiple Serial

burse their reserve bank as soon as reason-

from the cash count at the end of the game

Numbers

ably possible by writing a check from the

excluding the starting bank (see Example D).

gambling account.

A game with mismatched serial numbers

is a game in which the serial numbers on

Making Deposits. Gambling receipts must

Example D

the sales invoice, barcode labels, flare and

be deposited in the gambling bank account

1. Cash count at end of game

game tickets do not match.

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

within four business days after the game

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

is removed from play for paper bingo, tip-

A game with multiple serial numbers is a

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

board, paddlewheel, raffle and paper pull-

game where tickets have two or more dif-

4. Contribution to progressive jackpot . . . . 100.00

tab games.

ferent serial numbers.

5. Column K: Cash-in-hand

Generally, the amount you deposit for

Before you place a game into play, check

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

the game is the same as the amount of

that the serial numbers on the sales invoice,

cash-in-hand in Column K (see Games

barcode labels (on the box, inside the box

Column L

with Merchandise Prizes and Progressive

and on the flare) and game tickets match.

Cash Long or Short

Tipboard or Pull-Tab Prizes on this page

If they do not, or if you find multiple serial

Subtract Column J from Column K. See

for exceptions). On the deposit slip, list

numbers, return the game to the distributor

Example E for examples of how to sub-

the amount from each game separately and

for full credit for the cost of the game and

tract combinations of negative and positive

include:

taxes.

numbers.

• Manufacturer ID

You must provide the distributor with a

• Part number of the game

written statement that the game is defective.

Example E—Column K minus Column J

• Serial number of the game

Record the date the game was returned to

• Site where the game was played

• Subtracting a positive from a positive:

the distributor in your inventory records.

Col. K = 400 Col. J = 500

Remember to get a receipt from the dis-

400 – 500 = (100) cash short

tributor when the game is picked up.

Col. K = 500 Col. J = 400

500 – 400 = 100 cash long

Note for multiple serial numbers: Your

• Subtracting a positive from a negative:

records should indicate all serial numbers.

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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