Nebraska Statutes 9-423. License; qualified applicants
(1) Any nonprofit organization holding a certificate of exemption under section 501 of the Internal Revenue Code or any volunteer fire company or volunteer first-aid, rescue, ambulance, or emergency squad may apply for a license to conduct a lottery or raffle.
Terms Used In Nebraska Statutes 9-423
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lawful purpose: shall mean charitable or community betterment purposes, including, but not limited to, one or more of the following:
(a) Benefiting persons by enhancing their opportunity for religious or educational advancement, by relieving or protecting them from disease, suffering, or distress, by contributing to their physical well-being, by assisting them in establishing themselves in life as worthy and useful citizens, or by increasing their comprehension of and devotion to the principles upon which this nation was founded. See Nebraska Statutes 9-408
- License: shall mean any license to conduct a lottery or raffle as provided in section Nebraska Statutes 9-409
- Lottery: shall mean a gambling scheme in which (a) participants pay or agree to pay something of value for an opportunity to win, (b) winning opportunities are represented by tickets differentiated by sequential enumeration, and (c) winners are determined by a random drawing of the tickets or by the method set forth in section Nebraska Statutes 9-411
- Profit: shall mean the gross proceeds less reasonable sums necessarily and actually expended for prizes, taxes, and allowable expenses. See Nebraska Statutes 9-414
- Raffle: shall mean a gambling scheme in which (a) participants pay or agree to pay something of value for an opportunity to win, (b) winning opportunities are represented by tickets differentiated by sequential enumeration, (c) winners are determined by a random drawing of the tickets or by the method set forth in section Nebraska Statutes 9-415
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
(2) Prior to applying for any license, an organization shall:
(a) Be incorporated in this state as a not-for-profit corporation or organized in this state as a religious or not-for-profit organization;
(b) Have at least ten members in good standing;
(c) Conduct activities within this state in addition to the conduct of lotteries or raffles;
(d) Be authorized by its constitution, articles, charter, or bylaws to further in this state a lawful purpose; and
(e) Operate without profit to its members, and no part of the net earnings of such organization shall inure to the benefit of any private shareholder or individual.