Indiana § 24-8-3-4 - Statement of odds

Full text of Indiana Indiana Code § 24-8-3-4 — Statement of odds, with citation guidance and answers to common questions.

§ 24-8-3-4. Statement of odds

Sec. 4. (a) If an element of chance is involved, each notice must state the odds the participant has of receiving each prize.

(b) The statement of the odds must include, for each prize, the total number of prizes to be given away and the total number of notices distributed.

(c) The total number of notices must include all notices in which a prize may be given including notices for other sponsors.

(d) If the odds of winning a prize are not accurately stated on the basis of the number of notices, the odds shall be stated in a manner that will not deceive or mislead a participant regarding the participant's chance of receiving a prize.

As added by P.L.233-1989, SEC.1.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 24-8-3-4

What does Indiana Code § 24-8-3-4 cover?

Section 24-8-3-4 ("Statement of odds") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 24-8-3-4?

A common citation format is "Indiana Code § 24-8-3-4" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 24-8-3-4 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.