WAC 230-14-250   Recording carry-over jackpots on a cash basis.  (1) Operators must record carry-over jackpots on a cash basis. "Cash basis" means operators do not record carry-over jackpot contributions until the prize is awarded.

     (2) However, punch board and pull-tab licensees who also hold a Class F or above bingo license may record carry-over jackpot contributions on their monthly records if they:

     (a) Record contribution amounts, up to the jackpot maximum, as prizes paid on the monthly records; and

     (b) When the jackpot is awarded, record only amounts not previously accrued as prizes paid; and

     (c) Play no more than five carry-over jackpot series at once; and

     (d) Maintain a proper audit trail and adequate security over the funds if the licensee does not deposit the contributions with the net receipts.



[Statutory Authority: RCW 9.46.070. 07-17-058 (Order 614), § 230-14-250, filed 8/10/07, effective 1/1/08.]