This law allows qualified organizations in Virginia to sell instant bingo, pull tabs, or seal cards using mechanical equipment during a single fundraising event of up to seven days per year. Sales are limited to public events with gross receipts not exceeding $40,000 from such activities, unless a permit is obtained for higher earnings. The law also details reporting requirements if receipts surpass the threshold.
Qualified organizations conducting annual fundraising events are eligible, provided they follow the specific rules and limits outlined in the law.
Sales are limited to a single event of no more than seven days per year, and gross receipts from these sales must not exceed $40,000 unless a permit is obtained.
If gross receipts from these sales exceed $40,000, organizations must obtain a permit under Virginia law and comply with additional reporting requirements.
No, organizations are not required to sell instant bingo or pull tabs at times or locations designated for regular bingo games, unless they hold a permit for higher earnings.