§ 253. Prohibitions; penalties
(a) No person shall sell a ticket or share at a price greater than that fixed by rule or regulation of the Commission. No person other than a licensed lottery sales agent shall sell lottery tickets or shares, except that nothing in this section shall be construed to prevent any person from giving lottery tickets […]
§ 254. Sales to persons under 18 years prohibited
No ticket or share shall be sold to any person under the age of 18, but this shall not be deemed to prohibit the purchase of a ticket or share for the purpose of making a gift by a person 18 years of age or older to a person less than that age. Any licensee […]
§ 255. Person prohibited from purchasing tickets
No ticket or share shall be purchased by, and no prize shall be paid to any of the following persons: any officer or employee of the Lottery.
§ 256. Unclaimed prize money; lost or stolen prizes
(a) Unclaimed prize money for the prize on a winning ticket or share shall be retained by the Director for the person entitled thereto for six months after the drawing in which the prize was won. If no claim is made for said money within six months, the prize money shall be retained by the […]
§ 257. Deposit of lottery sales monies
The Director may, in his discretion, require any or all lottery sales agents to deposit to the credit of the Virgin Islands Lottery Fund in banks, designated by the Commissioner of Finance all moneys received by such agents from the sale of lottery tickets or shares, less the amount if any, retained as compensation for […]
§ 258. Exclusive application of penalties
No other law providing any penalty or disability for the sale of lottery tickets or any acts done in connection with the lottery shall apply to the sale of tickets or shares performed pursuant to this chapter, provided, that this provision shall be prohibit the application of criminal laws intended for general application to unlawful […]
§ 259. Minors; prizes
If the person entitled to a prize or any winning ticket is under the age of 18 years, and such prize is less than $5,000, the Director may direct payment of the prize by delivery to an adult member of the minor’s family or a guardian of the minor of a check or draft payable […]
§ 260. Plan filed by Governor; reserve fund amount
Not later than May 1st of each year, the Governor shall file with the Legislature a plan of operation and statement of projected revenues and expenditures of the Virgin Islands Lottery for the next succeeding fiscal year. Upon review of this plan, the Legislature shall determine such amounts as may be retained in the reserve […]
§ 260a. Annual audit
The financial records of the Commission, as they pertain to Lottery revenues, shall be subjected to an annual independent audit by a certified public accountant or firm of certified public accountants to be designated by the President of the Legislature.
§ 261. Reduction of tax liability on winnings
(a) The owner or owners of the winning numbers in each drawing of the Virgin Islands Lottery shall be entitled to a reduction of their income tax liability, for that year, equivalent to 100 percent of the income taxes incurred to the Virgin Islands by said owner or owners, attributable to such winnings being included […]