N.Y. Comp. Codes R. & Regs. tit. 9 § 5118.3

Current through Register Vol. 46, No. 45, November 2, 2024

Section 5118.3 - Credit redemption

(a) Available credits may be collected through the printing of a voucher from the video lottery terminal by the player pressing the appropriate button at any time other than when:

(1) a game is being played;

(2) the terminal is in audit mode;

(3) any door is open;

(4) the terminal is in test mode;

(5) a meter incrementation is in progress, unless the entire amount is recorded on the meters when the collect button is pressed; or

(6) there is an error condition.

(b) When any prize won at a video lottery terminal exceeds the threshold for reportable lottery winnings established by the Internal Revenue Service, the video lottery terminal shall print a voucher that shall only be redeemable at an attended validation terminal. The attendant at such validation terminal shall obtain personal identifying information from the prize winner for tax reporting purposes.

(c) When any prize won at a video lottery terminal exceeds $2,000, or such other amount determined and published by the commission, the video lottery terminal shall enter a lock up state and an attendant shall be called to verify, initiate and witness the printing of the voucher and shall document same.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5118.3