Ohio — Statute

Distributing Net Profit From Proceeds of Sale of Instant Bingo | Ohio Title 29 - Crimes and Procedure | Ohio Law

Learn Ohio laws on distributing bingo profits and operator requirements, including profit allocation rules for organizations and age restrictions for operators.

Legal Content

Distributing Net Profit From Proceeds of Sale of Instant Bingo

Ohio — Ohio Title 29 - Crimes and Procedure

Summary

This law outlines the distribution of net profits from instant bingo sales by various organizations in Ohio, specifying how profits should be allocated to other organizations or government entities. It also sets age and criminal background requirements for bingo game operators. The law ensures proper distribution of bingo proceeds and regulates operator eligibility.

Frequently Asked Questions

Who must distribute the net profits from instant bingo sales in Ohio?

Veteran's, fraternal, and sporting organizations must distribute profits according to specific percentages, while other charitable organizations must allocate 100% of profits to designated organizations or government entities.

Can veteran's organizations distribute bingo profits to any organization?

Yes, they can distribute profits to organizations described in section 501(c)(3) of the Internal Revenue Code, provided donations meet certain IRS requirements.

What are the age requirements for bingo game operators in Ohio?

Operators must be at least 18 years old to legally conduct bingo games.

Are individuals with criminal convictions allowed to operate bingo games in Ohio?

No, individuals convicted of a felony or gambling offense are prohibited from being bingo game operators in Ohio.

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In simple terms: Learn Ohio laws on distributing bingo profits and operator requirements, including profit allocation rules for organizations and age restrictions for operators.. This means people must follow this rule, and breaking it can lead to criminal penalties.

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