Prize Value Calculator
Add each prize tier to estimate the total approximate retail value (ARV) — the figure that drives New York, Florida, and Rhode Island registration/bonding thresholds.
List each prize tier. The calculator sums the approximate retail value (ARV) and shows which state thresholds it crosses.
| Prize | Qty | Unit value | |
|---|---|---|---|
Estimated total prize value
$5,000
Line items2
Source date2026-08-16
Threshold check
- Total prize value is at or below $5,000 → NY and FL registration/bonding thresholds are not triggered (federal baseline applies).
- Total prize value exceeds $500 → a Rhode Island retail promotion would require RI Secretary of State registration.
Use the ARV in your official rules. This estimate is a planning aid, not legal advice — confirm registration/bonding obligations with the relevant state Attorney General.