While not specifically paying attention to it, I noticed that most of the Punkin King lairs I've seen were on the path directly from the start, through the button, to the end elevator. This makes me curious if they actually don't have enough room to appear on the little offshoots that just end in prize boxes.
Can anyone disprove this? Sure, I could do it myself, but this means more data faster. Also, laziness.
I swear that there were treasure rooms AFTER the elevator path before.
It's not Punkin King, but it's probably possible.