Idaho Admin. Code r. 52.01.03.325
Current through September 2, 2024
Organizations conducting bingo games must record names and addresses of winners for prize disbursements exceeding one hundred dollars ($100). Any prizes exceeding one thousand one hundred ninety-nine dollars ($1,199) must have a W2-G on file for a gaming income for these amounts as required by the Internal Revenue Service. See 26 U.S.C. Section 6041 and 26 CFR 7.6041-1 and 35a.9999-3 (question and answer 19).
Idaho Admin. Code r. 52.01.03.325