This bill amends the regulations surrounding the sale of raffle tickets that are held in conjunction with bingo games. Specifically, it removes the requirement for raffle tickets to be sold sequentially and increases the maximum price for a single ticket from $1 to $10. Additionally, it clarifies that raffle tickets can only be sold at bingo games operated by a charitable organization licensed by the lottery commission, although it removes the stipulation that tickets must be sold exclusively by members of that organization.
Furthermore, the bill raises the maximum allowable wholesale cost for prizes awarded at these raffles from $500 to $1,200. These changes aim to enhance the fundraising capabilities of charitable organizations conducting bingo games and raffles. The bill is set to take effect on July 1, 2025.
Statutes affected: Introduced: 287-A:8, 287-A:10
Version adopted by both bodies: 287-A:8, 287-A:10
CHAPTERED FINAL VERSION: 287-A:8, 287-A:10