Sec. 132.4. Trust accounts and surety bonds  


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  • Where prizewinning objects are distributed to retail establishments in a substantially uniform ratio to the number of participating objects or entries, the total value of prizes offered may be calculated as:
    A = (N/T) (V) + P
    where A is the amount of the bond to be posted or trust account to be maintained;
    N is the total number of objects distributed in New York or the projected number of entries from New York;
    T is the total number of objects distributed or the projected number of entries in the game;
    V is the total retail value of all prizes offered; and
    P1, P2, P3, P4, and P5 are respectively the retail values of the first, second, third, fourth and fifth largest prizes.