Va. Code § 58.1-4018.2: Ticket discounting; civil penalties
Where this section sits in the code
- Title 58.1. Taxation
- Subtitle IV. Other Sources of State Revenue
- Chapter 40. Virginia Lottery Law; Sports Betting
- Article 1. Powers and Duties of Virginia Lottery Board; Administration of Tickets and Prizes
A. As used in this section, "ticket discounting" means reselling or having a person other than the prize winner claim a winning lottery ticket or buying or claiming a winning lottery ticket for the purpose of assisting the original prize winner with concealing his identity as a prize winner.B. No person shall engage in the practice of ticket discounting.C. Any person found to have engaged in the practice of ticket discounting shall be fined as determined by the Director (i) for prizes of less than $1,000, not more than $250; (ii) for prizes of $1,000 or more but less than $5,000, more than $250 but not more than $500; and (iii) for prizes of $5,000 or more, no less than $1,000. All fines recovered for violations of this section shall be paid into the state treasury to the credit of the Literary Fund, in accordance with § 19.2-353.2019, c. 762.
Collected 2026-09-04T15:17:44Z. Source file · JSON