(A) The aggregate retail value of all prizes or merchandise awarded by a licensee in a single calendar year shall not exceed $500,000.
(B) The maximum retail value of each prize awarded by a licensee in a single progressive raffle shall not exceed $500,000.
(C) The maximum price that may be charged for each raffle chance issued or sold shall not exceed $250.
(D) The maximum number of days during which chances may be issued or sold shall not exceed 180.
(E) A license shall not be valid for more than 365 days.
(Ord. 17-26, passed 1-22-18)