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Can I offer contests that involve travel prizes in West Virginia? What are the requirements?
Based on the documents provided, it is possible to offer contests that involve travel prizes in West Virginia. However, there are certain requirements that must be met.
Requirements for Offering Contests with Travel Prizes in West Virginia
- Prize Valuation: Prizes must be valued at fair market value at the time of acquisition for the raffle or at the time of purchase [1.1][2.3].
- Prize Limitations: Prizes may be money, real or personal property, or merchandise other than beer, wine, spirits, or alcoholic liquor [1.1][2.3].
- License: A charitable raffle license must first be issued to the State Fair Board in order for charitable raffles to be held at the State Fair [1.2]. The West Virginia state fair board may apply annually to the Tax Commissioner for a state fair raffle license to provide for the conduct of raffle occasions at the state fair [2.2].
- Rules and Regulations: The State Fair Board may adopt reasonable rules and regulations, not inconsistent with or in violation of the provisions of this article, to govern the holding of raffle occasions at the state fair [2.2][1.2].
- License Fee: A license fee of $500 shall be paid to the Tax Commissioner for the state fair raffle license [2.2][1.2].
- Location: A West Virginia Lottery sports wagering license authorizes the operation of West Virginia Lottery sports wagering at locations and through any mobile application or other digital platforms approved by the commission [3.1].
- Operator License: A licensed gaming facility may operate West Virginia Lottery sports wagering upon the approval of the commission [3.1].
- Surety Bond: A West Virginia Lottery sports wagering licensee shall execute a surety bond in an amount and in the form approved by the commission, to be given to the state, to guarantee the licensee faithfully makes all payments in accordance with the provisions of this article and rules promulgated by the commission [3.1].
- Audits: Upon application for a license and annually thereafter, a West Virginia Lottery sports wagering licensee shall submit to the commission an annual audit of the financial transactions and condition of the licensee’s total operations prepared by a certified public accountant in accordance with generally accepted accounting principles and applicable federal and state laws [3.1].
Conclusion
To offer contests that involve travel prizes in West Virginia, the prizes must be valued at fair market value, and there are limitations on the types of prizes that can be offered. A charitable raffle license must be obtained, and reasonable rules and regulations must be followed. Additionally, a license fee must be paid, and a surety bond must be executed. If the contests involve sports wagering, an operator license must be obtained, and audits must be conducted.
Source(s):
- [1.1] Limits on Prizes Awarded: General Provisions
- [2.2] State fair raffle license; rules and regulations.
- [2.3] Limits on prizes awarded – General provisions.
- [3.1] Operator license; West Virginia sports wagering operators.
- [1.2] State Fair.
Jurisdiction
West Virginia