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Can I offer contests that involve travel prizes in Nevada? What are the requirements?

To offer contests that involve travel prizes in Nevada, a license may be required depending on the type of contest. Additionally, the total value of prizes must be limited, ticket sales must be limited to persons physically located within Nevada, and online ticket sales must follow certain restrictions [3.1]. There are no specific requirements related to accepting gifts, grants, donations, or contributions for contests that involve travel prizes in Nevada [1.2]. However, a qualified organization shall not compensate any person for the provision of prizes and supplies used in the operation of a charitable lottery or charitable game, except to pay the fair market value of the prizes and supplies necessary for the operation of the charitable lottery or charitable game [2.1]. Furthermore, a person who intends to locate or expand a business in Nevada may apply to the Office for a certificate of eligibility for transferable tax credits which may be applied to any tax imposed by chapter 363A or 363B of NRS, the gaming license fee imposed by the provisions of NRS 463.370, any tax imposed by chapter 680B of NRS, or any combination of the fees and taxes described in paragraphs (a), (b), and (c) [1.3].

Requirements for Offering Contests with Travel Prizes in Nevada

  1. Obtain a license: If the contest involves wagering or betting on the results of any event, a license is required to operate the contest [3.1]. If the contest involves a charitable lottery or charitable game, the qualified organization must be registered by the Chair to operate the contest [2.3][2.4].
  2. Follow membership requirements: If the contest involves travel and tourism, including the business of gaming, the members of the Commission on Tourism must be informed on and have experience in these areas [1.1].
  3. Limit the value of prizes: The total value of all the prizes offered in charitable lotteries operated by a qualified organization during the same calendar year, including the value of all unclaimed cash prizes, must not exceed $500,000, unless the qualified organization is a qualified professional sports organization, in which case the limit is $2,000,000 [2.3]. The total value of all the prizes offered in charitable games operated by a qualified organization during the same calendar year must not exceed $500,000 [2.4].
  4. Limit ticket sales: All lottery ticket sales must be limited to persons who are physically located within Nevada at the time of purchase [2.2].
  5. Follow online ticket sales restrictions: Online ticket sales for charitable lotteries are permitted upon approval by the Chair, but must be restricted to the use of mobile devices in the arena or stadium of the professional sports team franchise or on any parcel of land upon which the arena or stadium is situated [2.2].

Note that there are no specific requirements related to accepting gifts, grants, donations, or contributions for contests that involve travel prizes in Nevada [1.2]. However, a qualified organization shall not compensate any person for the provision of prizes and supplies used in the operation of a charitable lottery or charitable game, except to pay the fair market value of the prizes and supplies necessary for the operation of the charitable lottery or charitable game [2.1]. Furthermore, a person who intends to locate or expand a business in Nevada may apply to the Office for a certificate of eligibility for transferable tax credits which may be applied to any tax imposed by chapter 363A or 363B of NRS, the gaming license fee imposed by the provisions of NRS 463.370, any tax imposed by chapter 680B of NRS, or any combination of the fees and taxes described in paragraphs (a), (b), and (c) [1.3].

Therefore, to offer contests that involve travel prizes in Nevada, you must obtain a license if the contest involves wagering or betting on the results of any event. If the contest involves a charitable lottery or charitable game, the qualified organization must be registered by the Chair to operate the contest. Additionally, the total value of prizes must be limited, ticket sales must be limited to persons physically located within Nevada, and online ticket sales must follow certain restrictions. There are no specific requirements related to accepting gifts, grants, donations, or contributions for contests that involve travel prizes in Nevada. However, a qualified organization shall not compensate any person for the provision of prizes and supplies used in the operation of a charitable lottery or charitable game, except to pay the fair market value of the prizes and supplies necessary for the operation of the charitable lottery or charitable game. Finally, a person who intends to locate or expand a business in Nevada may apply to the Office for a certificate of eligibility for transferable tax credits which may be applied to any tax imposed by chapter 363A or 363B of NRS, the gaming license fee imposed by the provisions of NRS 463.370, any tax imposed by chapter 680B of NRS, or any combination of the fees and taxes described in paragraphs (a), (b), and (c) [1.2][2.1][1.3][3.1].

Source(s):
Jurisdiction

Nevada