Can I offer contests that involve merchandise prizes in Colorado? What are the requirements?

To offer contests that involve merchandise prizes in Colorado, you must comply with the state’s laws and regulations regarding prizes and contests. According to ^[1.1], the right to a prize is not assignable, except in certain circumstances. Payment of any prize may be paid to the estate of a deceased prizewinner or any person pursuant to a voluntary assignment of the right to receive future annual prize payments, in whole or in part, if the assignment is made pursuant to an appropriate judicial order of the district court located in the city and county of Denver or the judicial district where the assignor resides or where the commission’s headquarters are located.

Additionally, ^[2.1] outlines the requirements for payment of prizes in Colorado. The holder of a winning Jackpot Ticket in the amount of $150.00 or less may take the ticket to any Licensee location during the Licensee’s normal business hours and game operation hours for validation and payment. The holder of a winning Jackpot Ticket in the amount of $151.00 to $599.00 may take the ticket to any Licensee location during the Licensee’s normal business hours and game operation hours. Licensees have the option of validating winning Jackpot Tickets in the amount of $151.00 to $599.00. All prizes shall be paid by the Licensee upon presentation and validation of the ticket pursuant to instructions on the back of the Jackpot Ticket and instructions specified in the specific Game Rule.

Based on the information provided in these documents, it is unclear whether there are specific requirements for offering contests that involve merchandise prizes in Colorado. It is recommended that you consult with a legal professional to ensure compliance with all applicable laws and regulations.

Source(s):

• [1.1] Prizes.
• [2.1] Payment of Prizes

Jurisdiction

Colorado

• Gaming