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Can I offer contests that involve merchandise prizes in Wyoming? What are the requirements?
To offer contests that involve merchandise prizes in Wyoming, you must comply with the state’s laws and regulations. The relevant document is [5.2].
According to [5.2], if a solicitor represents to an individual that the individual has been selected or may be eligible to receive a prize, the solicitor shall not request, and the solicitor or sponsor shall not accept, a payment from the individual in any form before the individual receives a written prize notice that contains all of the information required under W.S. 40-12-203(a) presented in the manner required under W.S. 40-12-203(b) through (f).
Therefore, you must provide a written prize notice that contains all the information required under W.S. 40-12-203(a) before accepting any payment from the individual.
Additionally, you must comply with any other relevant laws and regulations, such as tax requirements outlined in [1.2].
Please note that this information is specific to contests that involve merchandise prizes and may not apply to other types of contests.
Source(s):
- [5.2] Written prize notice required
- [1.2] Taxation Requirements.
Jurisdiction
Wyoming