Skip to main content
Find a Lawyer

Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 462.140. Conditions for operation of charitable lottery

Current as of January 01, 2025 | Updated by Findlaw Staff

1. A qualified organization may operate a charitable lottery if:

(a) The qualified organization is registered by the Chair to operate a charitable lottery pursuant to NRS 462.150; and

(b) The total value of all the prizes offered in charitable lotteries operated by the qualified organization during the same calendar year, including, without limitation, the value of all unclaimed cash prizes:

(1) Except as otherwise provided in subparagraph (2), does not exceed $500,000; or

(2) If the qualified organization is a qualified professional sports organization, does not exceed $2,000,000.

2. As used in this section, “qualified professional sports organization” means a qualified organization that is affiliated and co-branded with a professional sports team franchise which:

(a) Is a member of Major League Baseball, Major League Soccer, the National Basketball Association, the National Hockey League or the National Football League; and

(b) Plays the majority of its home games in this State.

The term does not include any minor league affiliate of any such team franchise, association or league.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 462.140. Conditions for operation of charitable lottery - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-41-gaming-horse-racing-sporting-events/nv-rev-st-462-140/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard