Ask Reggi Your Question Now
Reggi is the free generative AI assistance for regulatory compliance
Can I offer contests that involve travel prizes in New York? What are the requirements?
Based on the provided context documents, it is allowed to offer contests that involve travel prizes in New York. However, there are certain requirements that must be met.
Requirements for Offering Contests with Travel Prizes in New York
- The organization offering the contest must be licensed by the Lottery Division to sell Lottery tickets [2.1].
- The prize must not consist of real estate or an interest therein, bonds, shares of stock, securities or evidence of indebtedness, or any merchandise refundable in any of the foregoing [2.2].
- The prize must comply with the prize claim requirements of the commission [1.1].
- Federal, State and local taxes shall be withheld from the prize in such amounts as may be required by law [1.1].
- The prize shall not be paid by the commission to any persons prohibited from playing Mega Millions within New York State [1.1].
- Each prize winner shall be subject to a publicity release as set forth in this Title [1.1].
- Child support arrears, public assistance benefits and past due State tax liabilities shall be withheld from the prize in such amounts as may be required by law [1.1].
Note that these requirements are not exhaustive and there may be additional requirements that need to be met. It is recommended to consult with a legal professional to ensure compliance with all applicable laws and regulations.
[1.1]: 9 NYCRR 5007.10 [2.1]: 9 NYCRR 4622.11 [2.2]: 9 NYCRR 4622.16
Source(s):
- [1.1] Procedures for claiming and payment of prizes.
- [2.1] Sale of New York State Lottery tickets.
- [2.2] Property not permitted as prizes.
Jurisdiction
New York