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Corvette Museum raffles?

Old 02-12-2019, 07:49 PM
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SingleTrackMinded
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bummer
Old 02-13-2019, 02:20 PM
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H Watkins
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Originally Posted by Bill Dearborn
Is it a new regulation or enforcement of a much older regulation. Many raffles violate the letter of the law of many state anti gambling laws. Usually they get away with holding the raffle as long as the raffle is interpreted by authorities as benefiting a non profit organization, is fair, and the winner pays any applicable state taxes. Ran into this about 30 years ago when my Corvette Club (located in Up State NY) and we had to address the legal situation and we asked the local DA his interpretation of our raffle and whether or not we would get busted.

Bill
Old 02-13-2019, 04:06 PM
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That is sad news. Colorado has had a few winners, to include the last raffle. Looks like I'm going to give my raffle money away in some other manner
Old 02-14-2019, 06:44 AM
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Originally Posted by Bajaholic
Possible loophole:

Call the museum and purchase over the phone. Technically you are purchasing the ticket in KY. The internet can be considered "betting/gambling", I am guessing that is what the law was actually addressing, but had backlash to the Museum.

Buy calling in and actually talking to a rep, it would be hard to argue you were not making the purchase in KY.
I like that idea. Nothing like a good loophole. Operators are standing by!
Old 02-14-2019, 07:04 AM
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Originally Posted by Don Wallace
https://www.sprintcarhof.com/

The National Sprint Car Hall of Fame which is located in Knoxville Iowa has a raffle of a 2019 Z06 if anyone is interested. Winner not awarded until August.
Thanks for the heads up. I just took a chance on it.
Old 02-16-2019, 10:56 AM
  #26  
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That's a real bummer, gonna hurt their revenues in a big way....hopefully they are able to influence some change there.
Old 02-17-2019, 11:47 PM
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Yes, this is VERY bad news for the NCM.

I dont know why you couldn't still collect a tax on a out of state winner. Just make it a condition of delivery of the car. Done.

But no one ever said legistators in KY were very fair or smart (and before I receive any hate mail, I have lived in KY nearly my entire life).
Old 02-18-2019, 12:45 PM
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Originally Posted by RACE U
Yes, this is VERY bad news for the NCM.

I dont know why you couldn't still collect a tax on a out of state winner. Just make it a condition of delivery of the car. Done.

But no one ever said legistators in KY were very fair or smart (and before I receive any hate mail, I have lived in KY nearly my entire life).
As a previous winner from out of state, I can say they do collect federal and KY taxes, then the local state collects their taxes when you get back home.

This isn't a tax issue, this is an issue of other states recognizing their raffle appropriately. Sounds like with some recent changes they now have to verify this with each state, so this should turn around at some point I would think. But for now, they had to shut it down / localize it to KY.
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Old 02-18-2019, 03:54 PM
  #29  
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We can now sell to three states: Kentucky, Montana and Kansas... you either need to be a resident, or be in one of those states at the time of ticket purchase.
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Old 02-18-2019, 06:26 PM
  #30  
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I live across the river in Indiana. Although when I bought tickets I was at the museum.
Old 02-18-2019, 07:04 PM
  #31  
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Originally Posted by corvettemuseum
We can now sell to three states: Kentucky, Montana and Kansas... you either need to be a resident, or be in one of those states at the time of ticket purchase.
The 26th, 43rd and 35th largest states, respectively, by 2018 estimated population. Hope you can get some of the larger states on board. It would be interesting to know where the NCM raffle sales have traditionally come from.
Old 02-18-2019, 07:36 PM
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ncm and gm needs to tell kentucky dept of charitable gaming that gm has empty factory in lordstown ohio they will love to make corvette there


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