Get Lg861

The Lg861 form is a crucial document for organizations conducting gambling activities, enabling them to record their annual certified cash count by site. This guide offers clear, step-by-step instructions on how to accurately complete the form online, ensuring compliance with Minnesota regulations.

Follow the steps to effectively complete the Lg861 online.

1. Click ‘Get Form’ button to obtain the Lg861 form and open it in the online editor.
2. Begin by entering the organization's name at the top of the form. Make sure it matches the name registered with the state.
3. Input the Federal ID number, Minnesota tax ID number, and license number, ensuring all numbers are accurate to avoid issues.
4. Indicate whether there were pull-tab and/or tipboard games in play at the month end by selecting 'Yes' or 'No'. Depending on your response, follow the appropriate parts of the form.
5. Complete Part 1 with the names and signatures of two individuals who are not involved in the gambling operation, or a CPA. This part requires verification of the cash counted.
6. If there were games in play, Part 2 needs to be filled out by someone involved in the gambling operation. Record details for pull-tabs and tipboards including part number, serial number, and cash amounts.
7. Proceed to record the cash amounts in respective columns, including 'Cash counted', 'Start bank', and calculate 'Cash in hand'. Ensure that total calculations are accurate.
8. Complete Part 3 if applicable. Ensure to enter the total cash counted and net receipts for an accurate start bank reconciliation.
9. Review all entered information for accuracy and completeness. Any discrepancies should be noted and resolved.
10. Once all sections are completed, save your changes. You may then download, print, or share the Lg861 form as needed.

Begin completing your Lg861 form online today to ensure full compliance with state regulations.