§ 27-115-57. Lottery retailer contract not transferable or assignable; issuance and public display of lottery retailer certificate
No lottery retailer contract awarded pursuant to this chapter shall be transferable or assignable. No lottery retailer shall contract with any person for lottery goods or services except with the approval of the board. Each lottery retailer shall be issued a lottery retailer certificate which shall be conspicuously displayed at the place where the lottery […]
§ 27-115-59. Lottery retailer to post bond or letter of credit
The corporation shall require each lottery retailer to post a letter of credit or a bond with the corporation using a surety acceptable to the corporation in an amount not to exceed twice the average lottery ticket sales of the lottery retailer for the period within which the lottery retailer is required to remit lottery […]
§ 27-115-61. Contracting with retailers; contract contents; cancellation, denial, revocation, suspension, rejection of renewal, or termination of lottery retailer contract
Any contract executed by the corporation with a lottery retailer pursuant to this section shall specify the reasons for which any contract may be cancelled, denied, revoked, suspended, renewal rejected or terminated by the corporation, which reasons may include, but not be limited to: Commission of a violation of this chapter or administrative rules and […]
§ 27-115-63. Proceeds from lottery ticket sales received by retailer to be trust fund
All proceeds from the sale of lottery tickets received by a lottery retailer shall constitute a trust fund until paid to the corporation either directly or through the corporation’s authorized collection representative. A lottery retailer shall have a fiduciary duty to preserve and account for lottery proceeds, and lottery retailers shall be personally liable for […]
§ 27-115-65. Sales and sale price of tickets; gifting tickets
No person shall sell a ticket at a price other than established by the corporation, unless authorized in writing by the president. No person other than a duly certified lottery retailer shall sell lottery tickets, but this shall not be construed to prevent a person who may lawfully purchase tickets from making a gift of […]
§ 27-115-67. Display of signs on licensed premises providing toll-free telephone number of compulsive or problem gambling referral or information service organizations
The corporation shall require the posting of one or more signs on licensed premises at each point of entry into areas where lottery tickets are sold to inform patrons of a toll-free telephone number of any state or national organization that provides information and referral services regarding compulsive or problem gambling. Failure by the owner […]
§ 27-115-69. Purchase, lease or lease-purchase of goods, services necessary to effectuate lottery; investigation of prospective lottery system vendors; requisite vendor disclosures; prohibited contracts; posting of performance bond or letter of credit by vendor; contract to include provision for payment of liquidated damages; contracts to be governed by Mississippi law
The corporation may purchase, lease or lease-purchase such goods or services as are necessary for effectuating the purposes of this chapter. The corporation shall not contract with any person or entity for the total operation and administration of the lottery, but it may make procurements which integrate such functions as lottery game design, lottery ticket […]
§ 27-115-39. Toll-free telephone number of compulsive or problem gambling referral or information service organizations to be printed on lottery tickets
The corporation shall require as a part of any contract for the production or printing of lottery tickets that each ticket include the toll-free telephone number of any state or national organization that provides information and referral services regarding compulsive or problem gambling.
§ 27-115-71. Criminal background investigation of potential vendors; criminal background and credit investigations of potential employees
The Mississippi Department of Public Safety shall perform full criminal background investigations on all potential vendors, including potential lottery retailers, and potential employees of the corporation at the level of division head and above, and at any level within a division handling security, and, as determined by the board, on any other employee of the […]
§ 27-115-41. Publication of quarterly and annual financial statements
The corporation shall publish quarterly and annual financial statements, which shall be made available to the public within thirty (30) days following the close of each quarter. The quarterly and annual financial statements shall include disposition of all funds expended by the corporation for any purpose, including disclosure of any major procurements.