§ 654 - Powers and duties - Vermont Statutes

§ 654. Powers and duties

The commission shall promulgate rules pursuant to chapter 25 of Title 3, governing the establishment and operation of the state lottery. The rules may include, but shall not be limited to, the following:

(1) Types of lotteries to be conducted, provided that no lottery shall be conducted which depends upon the outcome of an athletic contest except that the lottery may be affiliated with a sporting event, or sweepstakes, where the outcome is determined solely by lot or random drawing and not by choice of the lottery participant;

(2) Price of lottery tickets;

(3) Number and size of prizes;

(4) Manner of payment of prizes;

(5) Manner and frequency of drawings;

(6) The licensing of agents, provided that:

(A) no person who has not attained the age of majority shall be licensed as an agent; and

(B) no agent shall be in the business of solely selling lottery tickets;

(7) Ticket sales locations, which may include state liquor stores and liquor agencies; private business establishments; fraternal, religious, and volunteer organizations; town clerks' offices; and state fairs, race tracks and other sporting arenas;

(8) Method for sale of tickets provided that they may be sold only for cash;

(9) Manner of compensation of sales agents, claims agents and financial institutions involved in the operation of the lottery;

(10) Manner of selecting winning tickets;

(11) Apportionment of total revenues, within limits hereinafter specified, accruing to the state lottery fund among:

(A) the payment of prizes to winning ticket holders;

(B) the payment of all costs incurred in the creation, operation, and administration of the lottery, including but not limited to compensation of the commission, director, employees, consultants, contractors and other necessary expenses;

(C) the repayment of monies advanced to the state lottery fund for initial funding of the lottery;

(D) the transfer of moneys to the education fund established by section 4025 of Title 16, to be used solely for the purposes of state and local funding of public education. (Added 1977, No. 82, § 2, eff. April 27, 1977; amended 1997, No. 60, § 86, eff. July 1, 1998.)