7-16-2: LICENSING LIMITATIONS:
   Each event at which a raffle or raffles are to be conducted shall have a separate raffle license issued by the Village. Limitations: The following limitations apply to raffles conducted within the Village.
   A.   LOCATION. Sales of raffle chances shall be only at locations designated in the license application and which are within the borders of the State of Illinois.
   B.   ELIGIBILITY FOR LICENSE. Licenses shall be issued only to bona fide religious, charitable, labor, business, fraternal, educational or veterans organizations that operate without profit to their members and which have been in existence continuously for a period of five (5) years immediately before making application for a license and which have had during that entire five-year period a bona fide membership engaged in carrying out their objectives, or to a non-profit fundraising organization that the Village determines is organized for the sole purpose of providing financial assistance to an identified individual or group suffering extreme financial hardship as the result of an illness, disability, accident or disaster, as well as law enforcement agencies and associations that represent law enforcement officials.
   C.   DURATION OF LICENSE. Licenses shall permit the applicant to issue or sell raffle chances only for those dates stated in the license application, but in no event shall the period of sales exceed one (1) year. Each license is valid for not more than one (1) raffle per week during any one-year period.
   D.   MAXIMUM VALUE OF PRIZES.
      (1)   The aggregate retail value of all prizes or merchandise awarded by a licensee in a single raffle shall not exceed five hundred thousand ($500,000.00) dollars. For any raffle that has the potential for jackpots or roll over jackpots (e.g., Queen of Hearts raffles) to exceed maximum aggregate retail value of all prizes or merchandise awarded restriction, the applicant or the third party raffle operator/vendor shall award only a jackpot or jackpots or prizes or merchandise that meets the above dollar amount restriction. The applicant or the third party raffle operator/vendor shall not sell raffle chances in an amount that would cause the jackpot or roll over jackpot or prizes or merchandise to exceed the above dollar amount restriction.
      (2)   The retail value of each individual prize awarded by a licensee in a single raffle shall not exceed two hundred fifty thousand ($250,000.00) dollars. For any raffle that has the potential for jackpots or roll over jackpots (e.g., Queen of Hearts raffles) to exceed the maximum retail value of each jackpot, roll over jackpot or prize awarded restriction, the applicant or the third party raffle operator/vendor shall award only a jackpot, a roll over jackpot or a prize that meets the above dollar amount restriction. The applicant or the third party raffle operator/vendor shall not sell raffle chances in an amount that would cause the jackpot or roll over jackpot or prize to exceed the maximum dollar amount restriction.
(Amd. Ord. 5783, 2-6-23)
   E.   PRICE OF CHANCES. The price charged for each raffle chance sold or issued shall not exceed two hundred fifty ($250.00) dollars.
(Amd. Ord. 5550, 10-19-20; Amd. Ord. 5765, 11-21-22)