Section Lot 7105.04 - Payment of Prizes(a) Only cash prizes shall be awarded to lucky 7 ticket winners and lucky 7 seal card winners.(b) The charitable organization shall: (1) Verify and record the identity of the individual redeeming winning tickets of $600 or more, as required by Lot 7104.04(q)(4) above;(2) Pay all individual cash prizes in compliance with Internal Revenue Service (IRS) W-2G requirements; and(3) Make all such required documentation available upon request for inspection by the commission.(c) Pursuant to RSA 287-E:20, IV, the percentage of payback to the player shall be at least 45 percent of gross revenues for the deal.N.H. Admin. Code § Lot 7105.04
Derived from Volume XL Number 28, Filed July 9, 2020, Proposed by #13068, Effective 6/27/2020, Expires 6/27/2030 (See Revision Notes #1 and #2 at chapter heading for Lot 7100).Amended by Number 15, Filed April 11, 2024, Proposed by #13913, Effective 3/22/2024, Expires 3/22/2034 (formerly Lot 7105.05).