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David Coleman
David Coleman, Lawyer
Category: Legal
Satisfied Customers: 1105
Experience:  BEc(SocSci). LLB (Usyd) - 5 years of Work Experience
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What is the Nevada law on for proffit raffles

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What is the Nevada law on for proffit raffles
Dear Sir,

Unfortunately, although Nevada law permits commercial gambling operations in many forms, raffles are not one of them. Not-for-profit raffles are permitted under the Nevada Revised Statutes, however, commercial raffles unfortunately are not. If the event is to occur online, then there are some states where commercial raffles are permitted so you could register the raffle website in those states. Louisianna is an example. I hope that this helps.

Regards,

***** *****

NRS
462.140 Conditions for operation of charitable lottery. A qualified organization may operate a charitable lottery if:

1. The organization is approved by the Executive Director and the total value of all the prizes offered in charitable lotteries operated by the organization during the same calendar year does not exceed $500,000;

2. The organization registers with the Executive Director and the total value of all the prizes offered in charitable lotteries operated by the organization during the same calendar year does not exceed $25,000; or

3. The total value of the prizes offered in the charitable lottery does not exceed $2,500 and:

(a) The organization operates no more than two charitable lotteries per calendar year; or

(b) The tickets or chances for the charitable lottery are sold only to members of the organization, and to guests of those members while attending a special event sponsored by the organization, and the total value of all the prizes offered in charitable lotteries operated by the organization during the same calendar year does not exceed $15,000.

(Added to NRS by 1991, 2258; A 1997, 294)

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