Deposit and record cash on hand, or secure the cash until it can be deposited. Deposit the gambling receipts into the gambling account within four business days of the close of the game.
On the deposit slip, list the following:
If only merchandise prizes are awarded, the deposit amount should equal the gross receipts (total amount wagered), except for any cash long or short you might have.
Cash proceeds may not be used to purchase prizes. The gross receipts must be deposited into the gambling account.
If cash prizes are awarded, the deposit amount should equal the net receipts (amount wagered minus the cash amount paid out in prizes). Any variances are reported as cash long or cash short.