11 Va. Admin. Code § 5-41-220

Current through Register Vol. 40, No. 22, June 17, 2024

Section 11VAC5-41-220 - How prize claim entered

A prize claim shall be entered in the name of a natural person as prescribed by § 58.1-4019B of the Code of Virginia. In all cases, the identity and social security number of all natural persons who receive a prize or share of a prize greater than $100 from a winning ticket redeemed at any agency office shall be provided.

1. A nonresident alien shall furnish his Immigration and Naturalization Service (INS) Number.

2. Two or more natural persons claiming a single prize may file IRS Form 5754, "Statement by Person(s) Receiving Gambling Winnings," with the agency. This form designates to whom winnings are to be paid and the person or persons to whom winnings are taxable.

3. Two or more natural persons wishing to divide a jackpot prize shall complete an "Agreement to Share Ownership and Proceeds of Lottery Ticket" form. The filing of this form is an irrevocable election that may only be changed by an appropriate judicial order.

11 Va. Admin. Code § 5-41-220

Derived from Virginia Register Volume 19, Issue 15, eff. May 7, 2003; Amended, Virginia Register Volume 31, Issue 03, eff. 11/5/2014.

Statutory Authority: §§ 2.2-4007.02 and 58.1-4007 of the Code of Virginia (11VAC5-11-10, 11VAC5-11-20 ).

§ 58.1-4007 of the Code of Virginia (all other sections).