Lottery insurance

Checkout our iOS App for a better way to browser and research.

    (a)    A person may not:

        (1)    insure or receive consideration for insuring for or against the drawing of a lottery ticket or part of a lottery ticket;

        (2)    receive money, property, or evidence of debt in consideration of an agreement to repay or deliver the money, property, or evidence of debt, if a lottery ticket or a part of a lottery ticket is drawn or not drawn on a particular day or in a particular order;

        (3)    if contingent on the results of a lottery, and whether or not consideration is paid, promise or agree to:

            (i)    pay or deliver money, property, or evidence of debt; or

            (ii)    refuse to do anything for the benefit of another; or

        (4)    publish a notice of an intent to perform or notice of a proposal to perform items (1) through (3) of this subsection.

    (b)    A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment of not less than 3 months and not exceeding 6 months or a fine of not less than $100 and not exceeding $1,000 or both.


Download our app to see the most-to-date content.