Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are stamp machines (also known as dispensing machines) legal?

0
Posted

Are stamp machines (also known as dispensing machines) legal?

0

Stamp machines may be used to dispense pull-tab tickets. Manufacturers of approved stamp machines are designated by a registration number preceded by M/S. Can a daily drawing jackpot be rolled over if the winning number is not among the eligible entrants? Yes, if the tickets were sold for no more than $1.00 for the drawing and no more than one chance was sold to each eligible participant. Can the $5,000 limit ever be exceeded? Yes, in the daily drawing referred to above and in a daily drawing designed and conducted to pay out 100% of the gross revenues generated from the game. Can a licensed organization use the proceeds of games for any purpose or are they limited? The proceeds may only be used for public interest purposes or the purchase of small games of chance. What is meant by “public interest purposes”? “Public interest purposes” include: (1) benefiting persons by enhancing their opportunity for religious or educational advancement by relieving or protecting them from disease, su

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123