h. Raffle permit-Chaffee Lions - Laserfiche WebLink

PRIZE RESTRIC'nONS: A single cash prize cannot exceed $1,000 and total cash prizes for a raffle cannot exceed $3,000 in one day. The retail value of a merchandse prize cannot exceed $2,500. The total of all cash prizes and retail valU$ of all merchandse prizes for all games cannot exc"d $12,000 in a fiscal year July 1 througll June 30. If the value of the planned cash and merchandise prizes exceeds $12,000, 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 PERMT: The major differences between a local permit and charity local permit are: LocalP....nIt Number of events per year Must fie an Irtormatlon report May pay employees compensation Must use chips as wagers Use of net Income Games allowed Llmitedbyprlzes No Yes No Unrestrlcted ChttllYLotalPenrit One Yes No Yes Compared to a ~Iocalpermlt," an organ y.ar. must tile anlnfomttdlonreport These uses are described by NorthDa to the backside of the "Reportolra Cha Restrleted Bingo Raftles Sports pools Poker Twemy..one Paddlev.ileels It" may conduct 3 more galM types, but Is restricted to 1 event per of ey <:ie d ml,\st <Ilsburse net Income to elglble uses. .1 North Administrative Code ~ 99-01.3-14-02. Refer orm for a gEll'leralllst of eligible uses. o es Sports pools For a charily local permit. one method to ensure that the total of all cash p~es and retail vallIe of all merchandise prIZes dO not exceed $12,000 Is to charge each player a standard amolint at the start of the ev.nt for a certain number or value of clips. If a player loses all of the player's clips, the player may re-buy chips. The player WOUld play games and. tll the endof'lhe evert. the organIZation would auction merchandise prizes to the play.rs. Theplayer~obldthehl9hest number or value of chips for a prize would win that prize. For those players who have chips but did. not sLlccessf\llly bid on a prize, the. organization may redeem the chips for a predetermined cash value per chip. For this method. the valu$ofpll!l'jlns' chlp$ redtemedfotcaShls hOt a ~e. INFORMATION REQUIRED TO BE PREPRINTED ON A STANDARD RAFFl..E TICKET: 1. Name oforg~nlzatlon; 2. llcket number; 3. Price ofthetlc:ket, Including any dscol,.lntedptlce; 4. Prize, desCription of a11optiO Ize selectable bya winnlngpiayer, oroptlont()eo~rt a merchandise prize to a cash ~e that Is limited to the lesser the merchanclse prize or one thousand dollars. HW/ever.1f there Is InsulTlcient space on a ticket tollsr~c th~hasarEltallprlce not eKce.ectlngtlfttendollars. anorgantzatlon may statelhe total l'l!.Imber of minor prIZes. andallprlce; 5. For alh:ensedor$aritatlon.ptlnt"otnee>ofattorrteygfjneral"andUcensenl.lmber. For an organtzatlonthat has a permit. print the authOrizing city or cO\.l'ltYandpenn It number; 6. Astateh1El1'ltthataper$onl$norrequlr~dto b&ptes.ntat adra\\4ogto win; 7. Dale and time ofthe dravvtng or drawings and. If the wlnniogplayerls announced later. date and time of I hat announcement. For a calendar ram$, If the drl'lwlngs are on a same day of the w&ek or month, print the day and time of the <tawing; 8. Location and street address oftl1& drawing; 9. If a merchandise prize requires a title transfer Involving the departmert of transportation. a statement that a winning player is or Is not IIllblefor sales or use tax; 10. If a purchase of stlcket or winning Is restricted to a person of minimum age. a statement that a person must be at least "_. years of agEl tol5uy a ticket, a prize; 11. A statement that a purchaseofthe ticket Is not a. charitable donation: 12. If a secondary prize Is an ungl.laraliteedcash or merchandise prize. a statement thelt the prize Is not guararteedto be won and odds of winning the prize based on numbers of chances; and 13. If a prize Is live beef or dairy cattle, bison. sl1&ep or pig. a statement that the winning player may co~ert the prize to a cash prize Ihat IsllmUed to the lesser of the value of the animal or one thousand dollars.