Iowa Code 99G.9 – Board duties
Current as of: 2024 | Check for updates
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The board shall provide the director and the administrator with private-sector perspectives of a large marketing enterprise. The board shall do all of the following:
1. Approve, disapprove, amend, or modify the terms of major lottery procurements recommended by the administrator.
Terms Used In Iowa Code 99G.9
- Administrator: means the administrator of the Iowa lottery appointed pursuant to section 99G. See Iowa Code 99G.3
- Board: means the board of directors of the Iowa lottery created in section 99G. See Iowa Code 99G.3
- cash: means United States currency. See Iowa Code 99G.30
- Director: means the director of the department of revenue or the director's designee. See Iowa Code 99G.3
- Division: means the Iowa lottery division of the department of revenue. See Iowa Code 99G.3
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Game specific rules: means rules governing the particular features of specific games, including, but not limited to, setting the name, ticket price, prize structure, and prize claim period of the game. See Iowa Code 99G.3
- Retailer: means a person who sells lottery tickets or shares on behalf of the division pursuant to a license issued by the department. See Iowa Code 99G.3
- Share: means any intangible evidence of participation in a lottery game. See Iowa Code 99G.3
- Ticket: means any tangible evidence issued by the lottery to provide participation in a lottery game. See Iowa Code 99G.3
- United States: includes all the states. See Iowa Code 4.1
2. Adopt policies and procedures and promulgate administrative rules pursuant to chapter 17A relating to the management and operation of the Iowa lottery. The administrative rules promulgated pursuant to this subsection may include but shall not be limited to the following:
a. The type of games to be conducted.
b. The sale price of tickets or shares and the manner of sale, including but not limited to authorization of sale of tickets or shares at a discount for marketing purposes; provided, however, that a retailer may accept payment by cash, check, money order, debit card, or electronic funds transfer and shall not extend or arrange credit for the purchase of a ticket or share. As used in this section, “cash” means United States currency.
c. The number and amount of prizes, including but not limited to prizes of free tickets or shares in lottery games conducted by the division and merchandise prizes. The division shall maintain and make available for public inspection at its offices during regular business hours a detailed listing of the estimated number of prizes of each particular denomination that are expected to be awarded in any game that is on sale or the estimated odds of winning the prizes and, after the end of the claim period, shall maintain and make available a listing of the total number of tickets or shares sold in a game and the number of prizes of each denomination that were awarded.
d. The method and location of selecting or validating winning tickets or shares.
e. The manner and time of payment of prizes, which may include lump-sum payments or installments over a period of years.
f. The manner of payment of prizes to the holders of winning tickets or shares after performing validation procedures appropriate to the game and as specified by the board.
g. The frequency of games and drawings or selection of winning tickets or shares.
h. The means of conducting drawings, provided that drawings shall be open to the public and witnessed by an independent certified public accountant. Equipment used to select winning tickets or shares or participants for prizes shall be examined by an independent certified public accountant prior to and after each drawing.
i. The manner and amount of compensation to lottery retailers.
3. Adopt game specific rules. The promulgation of game specific rules shall not be subject to the requirements of chapter 17A. However, game specific rules shall be made available to the public prior to the time the games go on sale and shall be kept on file at the office of the division.