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Can I offer contests that involve non-cash prizes in Vermont? What are the requirements?
Yes, you can offer contests that involve non-cash prizes in Vermont, but there are requirements that you must follow.
Requirements for Offering Contests in Vermont
According to VTCR 06-031-003 § 109.01, it is an unfair and deceptive trade act and practice in commerce for any person to solicit any other person to engage in any kind of a game of skill, contest, sweepstakes, giveaway or other promotion which:
- is deceptive or misleading as to chances of winning, the number of winners, the value of the prizes, or the availability of the prize;
- requires any kind of entry fee, service charge, purchase or similar consideration in order to enter or to continue to remain eligible; or,
- uses publications, literature, written or verbal promotion that is false, deceptive or misleading.
Therefore, when offering contests in Vermont, you must ensure that your contest is not deceptive or misleading, does not require any kind of entry fee, service charge, purchase or similar consideration in order to enter or to continue to remain eligible, and does 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, you can offer contests that involve non-cash prizes in Vermont, but you must ensure that your contest meets the requirements outlined in VTCR 06-031-003 § 109.01 and that 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.
Jurisdiction
Vermont