N.M. Admin. Code § 15.4.6.9 - RAFFLE TICKETS
A. Raffle ticket
requirements:
(1) all tickets sold in any
raffle shall have the state license number, the word "raffle" and the date,
time, and place of drawing printed on each ticket;
(2) all tickets shall be consecutively
numbered;
(3) all major cash or
merchandise prizes conspicuously printed on the ticket;
(4) the cost of each ticket shall be printed
on the front of each ticket; and
(5) with the exception of a split raffle, the
expiration date by which a prize must be claimed shall be printed on each
ticket.
B. If the ticket
holder is required to be present at the drawing to be eligible for the prize, a
statement setting forth this condition shall be conspicuously printed on each
ticket and on all promotional material concerning the raffle.
C. When a prize exceeds $75,000 the licensee
shall submit a valid copy of a raffle ticket to the board prior to selling any
tickets.
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