N.J. Admin. Code § 13:47-8.3

Current through Register Vol. 56, No. 24, December 18, 2024
Section 13:47-8.3 - Amount of prize limitation; maximum charge
(a) No prize having a retail value greater than that set forth in this section shall be offered or awarded in any raffle.
(b) The aggregate retail value of all prizes to be offered or awarded by a licensee in any one calendar year shall not exceed $ 500,000 except that no licensee shall offer or award a prize or prizes of a sum or value greater than $ 100,000, in any one raffle conducted by drawing.
(c) The limit of the aggregate retail value of the prizes which may be awarded in any one calendar year shall not apply to on-premise raffles or where all of the prizes are wholly donated.
(d) No prize having a retail value greater than $ 1,500 shall be offered or awarded in any raffle not conducted by drawing.
(e) A single opportunity to participate in any instant raffle game or punch-board game shall not cost more than $ 3.00.
(f) Instant raffle tickets or punches shall be sold only for the price stated by the manufacturer on the instant raffle ticket, punch-board game, and the flare.
(g) No person shall alter an instant raffle ticket, punch, or flare or offer or award a prize other than that designated by the manufacturer on the instant raffle ticket, punch, or flare.

N.J. Admin. Code § 13:47-8.3

Amended by R.1992 d.96, effective 3/2/1992.
See: 23 N.J.R. 3638(b), 24 N.J.R. 854(a).
Amended by R.1995 d.41, effective 1/17/1995.
See: 26 N.J.R. 4326(a), 27 N.J.R. 374(a).
Amended by R.1996 d.538, effective 11/18/1996.
See: 28 N.J.R. 4169(b), 28 N.J.R. 4891(a).
Amended by R.2012 d.199, effective 12/17/2012.
See: 44 N.J.R. 2040(a), 44 N.J.R. 3074(b).
In (d), substituted "$ 1,500.00" for "$ 500.00"; and in (e), substituted "$ 3.00" for "$ 1.00". Statutory References
See N.J.S.A. 5:8-62.
Amended by 55 N.J.R. 605(b), effective 4/3/2023