Can you summarize IDST 67-7414?
The compensation paid to lottery game retailers shall be five percent (5%) of the retail price of the tickets or shares. The director may pay lottery game retailers an additional one percent (1%) incentive bonus based on attainment of sales volume or other objectives specified by the director for each lottery game. History: [67-7414, added 1988, ch. 232, sec. 2, p. 453.]
Can you summarize IDST 67-7415?
No tickets or shares in the lottery games shall be sold by or to persons under the age of eighteen (18). In the case of lottery tickets or shares sold by lottery game retailers or their employees, such persons shall establish safeguards to help assure that such sales are not made to natural persons under the age of eighteen (18). History: [67-7415, added 1988, ch. 232, sec. 2, p. 453.]
Can you summarize IDST 67-7416?
No lottery tickets or shares shall be sold by a lottery game retailer unless the retailer has on public display on the premises a certificate of authority to sell lottery tickets or shares signed by the director. History: [67-7416, added 1988, ch. 232, sec. 2, p. 453.]
Can you summarize IDST 67-7433?
Total prize expense, net of unclaimed prizes, as determined on an annual basis, shall be no less than forty-five percent (45%) of lottery revenues. History: [67-7433, added 1988, ch. 232, sec. 2, p. 457; am. 1989, ch. 352, sec. 18, p. 890; am. 2011, ch. 141, sec. 4, p. 401.]
Can you summarize IDST 67-7437?
This section of the Idaho Statutes governs the payment and distribution of prizes won under the Idaho State Lottery. It states that any prize won under this chapter is not assignable, except in the case of the prize winner’s death, where the prize shall be paid to the estate of the prize winner. The section further explains that a prize may be subject to garnishment and recovery for unpaid taxes, child or spousal support, or public assistance benefits.
Can you summarize IDST 67-7438?
Prizes may be claimed for a period of one hundred and eighty (180) days after the drawing in which the prize was won or from the last day tickets from that specific game were sold. Prizes won through an electronic terminal shall be payable in accordance with rules and regulations of the commission. If a claim is not made for the prize within the applicable period, the prize money shall be added to future prize pools, to be used in addition to prize allotments already allocated, except as provided in section 67-7433 , Idaho Code.
Can you summarize IDST 67-7439?
This legal document pertains to the Idaho State Lottery. It states that income taxes will only be imposed on lottery prizes received from tickets purchased after the effective date of this act. Lottery prizes awarded by the Idaho State Lottery under $600 are exempt from state income tax. Additionally, no taxes of any kind shall be imposed on the sale, purchase, storage, use, or other consumption of Idaho lottery tickets or shares, or on equipment, devices, or systems directly used in the production, operation, sales, distribution, tracking, drawing, accounting, communication, or computation of lottery games.
Can you summarize IDST 67-7440?
This legal document pertains to the Idaho State Lottery. It prohibits the purchase of lottery tickets or payment of prizes to certain individuals, including members of the commission or employees of the state lottery, owners and employees of companies under contract with the state lottery, persons doing business with the state lottery as determined by commission rule, and relatives living in the same household as members or employees of the state lottery.
Can you summarize IDST 67-7441?
All papers, records, correspondence, communications and proceedings of the Idaho state lottery and the commission shall be open to the public except as otherwise provided by statute; provided, however, that business records and information provided to the state lottery pursuant to sections 67-7412 (8) and (9) and 67-7421 (8) and (9), Idaho Code, shall be subject to disclosure according to chapter 1, title 74 , Idaho Code. No lottery employee shall divulge or make known to any person in any manner any information which is exempt from disclosure, whatsoever, obtained directly or indirectly by him in the discharge of his duties, or permit any copy thereof to be seen.
Can you summarize IDST 67-7448?
This legal document governs the prohibited acts and penalties related to the Idaho State Lottery. It applies to any person involved in the sale, purchase, or redemption of lottery tickets or shares. The document prohibits the sale of tickets at a price higher than fixed by the state lottery, selling to individuals under the age of 18, and impersonating a state lottery representative. It also prohibits lottery retailers from withholding funds due to the state lottery.