Section 53-06.1-10.1 - Raffles1. A prize for a raffle may be cash or merchandise but may not be real estate. No single cash prize may exceed twenty-five thousand dollars and the total cash prizes in one day may not exceed twenty-five thousand dollars. However, on not more than two occasions per year a licensed organization may, at the request of a winning player, exchange a merchandise prize valued at not more than twenty-five thousand dollars for a cash prize.2. The maximum cash prize limits of this section do not apply to a public-spirited organization that supports amateur collegiate athletics.3. An organization permitted to conduct raffles in this state may conduct an electronic fifty-fifty raffle either by manual drawing or by using a random number generator. Electronic fifty-fifty raffle tickets must be sold and drawings held onsite at the location of and on the date of the event. Electronic fifty-fifty raffles may not be conducted online over the internet.4. A licensed organization permitted to conduct raffles in this state may sell online over the internet and may accept an electronic payment, including payment by a debit card or a credit card, for the purchase of a raffle ticket. An organization that accepts payment by credit card for the purchase of a raffle ticket shall limit an individual's ticket purchases using a credit card to five hundred dollars per day, not to exceed one thousand five hundred dollars per week. If a licensed organization accepts electronic payment for the purchase of a raffle ticket, the organization shall verify the ticket purchaser is at least eighteen years of age and physically is located in the state.Amended by S.L. 2023, ch. 453 (SB 2304),§ 3, eff. 6/30/2023.Amended by S.L. 2021 , ch. 387( HB 1162 ), § 1, eff. 8/1/2021.Amended by S.L. 2017 , ch. 361( SB 2181 ), § 1, eff. 8/1/2017.Amended by S.L. 2015 , ch. 356( SB 2184 ), § 2, eff. 8/1/2015.Amended by S.L. 2013 , ch. 395( SB 2311 ), § 1, eff. 8/1/2013.