(A) For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
NET PROCEEDS. The gross receipts from the conduct of raffles, less reasonable sums expended for prizes, local license fees and other reasonable operating expenses incurred as a result of operating a raffle.
RAFFLE. A form of lottery, as defined in § 28-2(b) of the Criminal Code of 1961, conducted by an organization licensed under this subchapter in which:
(a) The player pays or agrees to pay something of value for a chance, presented and differentiated by a number or by a combination of numbers, or by some other medium, one or more of which chances is to be designated the winning chance; and
(b) The winning chance is to be determined through a drawing or by some other method based on an element of chance by an act or set of acts on the part of persons conducting or connected with the lottery, except that the winning chance shall not be determined by the outcome of a publicly exhibited sporting contest.
(B) The definitions contained in 230 ILCS 15/2 are hereby adopted by reference as if fully set out herein.
(2009 Code, § 7-3-1)
Statutory reference:
Similar provisions, see 230 ILCS 15/1