Can I offer contests that involve cash prizes in Vermont? What are the requirements?

Yes, it is possible to offer contests with cash prizes in Vermont, but there are certain requirements that must be met.

Requirements for Offering Contests with Cash Prizes in Vermont

According to VTCR 06-031-003 § 109.01, any contest with cash prizes offered in Vermont must not be deceptive or misleading, must not require any kind of entry fee, service charge, purchase or similar consideration in order to enter or to remain eligible, and must not use publications, literature, written or verbal promotion that is false, deceptive or misleading.

Additionally, according to VTCR 01-130-001 § 20, all prizes of five-hundred dollars ($ 500.00) or more must be claimed within one year of draw date, game end date or purchase date depending upon the game. Unclaimed prize money shall be retained by the Commission for one year after the date the prize was won.

Conclusion

In summary, it is possible to offer contests with cash prizes in Vermont, but they must comply with the requirements outlined in VTCR 06-031-003 § 109.01 and VTCR 01-130-001 § 20. ^[1.2]

Source(s):

• [1.2] Prizes

Jurisdiction

Vermont

• Gaming