b. Permit for raffle - Laserfiche WebLink

PRIZE RESTRICTIONS: A single cash prize or retail value of a merchandise prize cannot exceed 91,000. The total cash prizes for a raffle cannot exceed 93,000 in one day. The total of all cash prizes and retail value of all merchandise prizes for all games cannot exceed ~g,000 in a fiscal year July 1 through June 30, if the value of the planned cash and merchandise prizes exceeds 96,000, the organization must reduce the prizes to this limit or apply for a state license with the Office of Attorney General. LOCAL PERMIT AND CHARITY LOCAL PERMIT: An organization may apply for a local permit or charity local permit. The meier differences are: Number of events per year Must file an information repor~ May pay employees compensation Must use chips as wagers Use of net income Games allowed Local Permit [;_h_a. ritv Local Permit Limited by prizes One No Yes Yes No Compared to a ~local permit," an organization with a "charity local permit" may conduct 3 more game types, but is restricted to 1 event per year, must fge an information report with the city er county and Office of Attorney General, and must disburse net income to eligible uses. These uses are described by North Dakota Century Code § 53-06,1-11.1(2) and North Dakota Administrative Code § 99-O1.3-14-02. Refer to the backside of the "Roper[ on a Charity Local Permit" form for a general list of eligible uses. For a charity local permit, one method to ensure that the total of ail cash prizes and retail value of all merchandise pdzes de not exceed 96,000 is to charge each player a standard amount at the star[ of the event for a certain number or value of chips. If a player loses ail of the player's chips, the player may re buy chips. The player would play games and, at the end cf the event, the organization would auction merchandise prizes to the players. The player who bid the highest number or value of chips for a prize would win that prize. For those players who have chips but did not successfully bid on a prize, the organization may redeem the chips for a predetermined cash value per chip, For this method, the value of players' chips redeemed for cash is not a prize.