The bill modifies the regulations surrounding paddlewheel prizes in Minnesota's lawful gambling laws. Specifically, it amends Minnesota Statutes 2024, section 349.211, subdivision 2b, to establish that the maximum value of a merchandise prize awarded for a paddle ticket cannot exceed a fair market value of $200. Additionally, the bill increases the maximum price for a paddle ticket from $2 to $5.

Furthermore, the bill clarifies the definition of a "merchandise prize" by stating that it does not include gift cards that can be redeemed for cash. These changes aim to enhance the structure of paddlewheel gambling while ensuring that the prizes remain within defined limits.

Statutes affected:
Introduction: 349.211
1st Engrossment: 349.211