Pennsylvania § 9335 - Pari-mutuel pool distribution.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 9335 — Pari-mutuel pool distribution., with citation guidance and answers to common questions.
§ 9335. Pari-mutuel pool distribution.
(a) Distribution.--A licensed racing entity shall distribute money in a pari-mutuel pool to the holders of winning tickets presented for payment before the first day of April of the year following the date of purchase. Failure to present a winning ticket within the prescribed period of time shall constitute a waiver of the right to participate in the award or dividend. After April 1 of the year following the year of purchase, a licensed racing entity shall forward the necessary funds held for uncashed tickets to the Department of Revenue. The funds shall be deposited into the State Racing Fund.
(b) Remainder.--The remainder of the money shall be retained by the licensed racing entity in the following manner:
(1) Seventeen percent of the money plus the breakage from regular wagering pools or 19% of the money plus the breakage from regular wagering pools for licensed racing entities whose daily total in all pari-mutuel pools averaged less than $300,000.
(2) Twenty percent of the money plus breakage from the exacta, daily double, quinella and other wagering pools as determined by the commission.
(3) At least 26%, but no more than 35%, from the trifecta or other wagering pools as determined by the commission.
(c) Retention.--A licensed racing entity may retain lesser percentages upon approval of the commission.
Cross References. Section 9335 is referred to in sections 9334, 9344 of this title; sections 13F06, 13F08, 13F42 of Title 4 (Amusements).
Frequently Asked Questions About Pennsylvania § 9335
What does Pennsylvania Consolidated Statutes § 9335 cover?
Section 9335 ("Pari-mutuel pool distribution.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. 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 Pennsylvania § 9335?
A common citation format is "Pennsylvania Consolidated Statutes § 9335" (Pennsylvania). 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 Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 9335 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania 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 Pennsylvania.