The amount of compensation paid to lottery game retailers for their sales of lottery tickets or shares shall be seven percent (7%) of the face value of the tickets or shares sold for each lottery game. The Commission shall require submission of reports and remission of lottery revenues to the Commission on a timely basis. ?(2005-344, s. 1; 2005-276, s. 31.1(n); 2009-357, s. 11.)

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Terms Used In North Carolina General Statutes 18C-142

  • Commission: means the North Carolina State Lottery Commission. See North Carolina General Statutes 18C-103
  • Lottery: means any lottery game or series of games established and operated pursuant to this Chapter. See North Carolina General Statutes 18C-103
  • lottery game: means any procedure or amusement authorized by the Commission where prizes are distributed among persons who have paid, or unconditionally agreed to pay, for tickets or shares that provide the opportunity to win those prizes and does not utilize a video gaming machine as defined in N. See North Carolina General Statutes 18C-103