Iowa Administrative Code
Agency 481 - Inspections and Appeals Department
Games of Skill, Chance, Bingo and Raffles
Chapter 100 - General Provisions for Social and Charitable Gambling
Rule 481-100.11 - Prizes
Current through Register Vol. 47, No. 6, September 18, 2024
Prizes are governed by the following standards.
(1) Amusement concession licensees. The maximum prize limit for games of skill, games of chance and bingo is $950 in merchandise.
(2) Qualified organizations. The following table provides prize limits for types of gambling conducted by qualified organizations.
|
Type of gambling |
Prize limits |
|
Games of skill and games of chance |
$10,000 in merchandise |
|
Very small raffle |
Cumulative value of cash prizes is $1,000 or less; or purchased merchandise is $1,000 or less; or donated merchandise is $5,000 or less |
|
Small raffle |
Cumulative value of all cash and prizes is more than $1,000 but not more than $10,000 |
|
Large raffle |
Cumulative value of cash and prizes is more than $10,000 but not more than $100,000 |
|
Very large raffle |
Cumulative value of cash and prizes is more than $100,000 but not more than $200,000; or the prize is real property |
|
Single bingo game |
Up to $250 cash or merchandise |
|
Bingo jackpot |
$1,000 cash or merchandise maximum on first jackpot in 24-hour period; $2,500 cash or merchandise maximum on second jackpot in 24-hour period (see Iowa Code section 99B.21(2) "d") |
(3) Annual game night. An individual shall not spend more than $250 for entrance fees and wagers. Cash and merchandise may be awarded in an aggregate amount not to exceed $10,000. No participant shall win more than a total of $5,000.
