(A) For the purposes 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, subparagraph (b), of the Criminal Code (720 ILCS 5/28-2(b)), conducted by an organization licensed under this chapter 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 15/1 are hereby adopted by reference as if fully set out herein.
(1994 Code, § 120.01) (Ord. 15-12, passed 10-26-2015)
Statutory reference:
Related provisions, see 230 ILCS 15/1