Nebraska § 9-429 - Lottery or raffle; gross proceeds; tax; deficiencies.
Full text of Nebraska Revised Statutes of Nebraska § 9-429 — Lottery or raffle; gross proceeds; tax; deficiencies., with citation guidance and answers to common questions.
§ 9-429. Lottery or raffle; gross proceeds; tax; deficiencies.
Any licensed organization or any other organization conducting a lottery or raffle activity required to be licensed pursuant to the Nebraska Lottery and Raffle Act shall pay to the department a tax of two percent of the gross proceeds of each lottery or raffle having gross proceeds greater than fifteen thousand dollars. Such tax shall be remitted annually by September 30 each year on forms approved and provided by the department. The department shall remit the tax to the State Treasurer for credit to the Charitable Gaming Operations Fund. All deficiencies of the tax imposed by this section shall accrue interest and be subject to a penalty as provided for sales and use taxes in the Nebraska Revenue Act of 1967.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 9-429
What does Revised Statutes of Nebraska § 9-429 cover?
Section 9-429 ("Lottery or raffle; gross proceeds; tax; deficiencies.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 9-429?
A common citation format is "Revised Statutes of Nebraska § 9-429" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 9-429 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.