Form SFN61071 Electronic Fifty-Fifty Raffle Summary - North Dakota

What Is Form SFN61071?

This is a legal form that was released by the North Dakota Attorney General's Office - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form SFN61071?
A: Form SFN61071 is the official summary form for electronic fifty-fifty raffles in North Dakota.

Q: What is an electronic fifty-fifty raffle?
A: An electronic fifty-fifty raffle is a type of raffle where participants purchase tickets, and the prize money is split equally between the winner and the organization holding the raffle.

Q: Who uses Form SFN61071?
A: Organizations in North Dakota that hold electronic fifty-fifty raffles use Form SFN61071 to summarize the details of the raffle.

Q: What information is included in Form SFN61071?
A: Form SFN61071 includes details such as the organization's name and contact information, the raffle period, the number of tickets sold, the total prize pool, and the name of the winner.

Q: Can anyone hold an electronic fifty-fifty raffle in North Dakota?
A: No, only qualified organizations are allowed to hold electronic fifty-fifty raffles in North Dakota. These organizations must apply for and obtain a license from the state.

Q: How is the winner of an electronic fifty-fifty raffle determined?
A: The winner of an electronic fifty-fifty raffle is determined through a random drawing or selection process. The person or ticket chosen receives half of the total raffle ticket sales as the prize.

Q: Can organizations use the funds raised from an electronic fifty-fifty raffle for any purpose?
A: Organizations in North Dakota must use the funds raised from an electronic fifty-fifty raffle for lawful charitable, nonprofit, or beneficial purposes consistent with their mission.