The charge for admission to a place in order to participate in bingo conducted under this part may not exceed $5. Except as provided in paragraphs (2) and (3) of this subsection, the value of a prize in money, merchandise, or services for any one game of bingo conducted under this part may not exceed $200. Jackpot prizes may be offered in a maximum amount of $5,000. “Winner Take All” games may be offered without a prize limit. A licensee’s employees and the terms of their employment must be approved by the Department before they may conduct bingo under this part. A minor may not be allowed to participate in bingo conducted under this part. Bingo may not be conducted under this part in a room or area where alcoholic beverages are sold or served during the game. A licensee under this part may not conduct bingo on more than 125 days in a year.