Lottery of Goods

Lottery of Goods

Lottery of Goods

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As of March 2017 the Curaçao Gaming Control Board (GCB) was mandated the responsibility to issue, suspend and revoke Lottery of Goods Licenses and also to adapt the license conditions, where it is deemed necessary.
 

Licensing

A Lottery of Goods License can be obtained by downloading, filling in and submitting to the GCB the Lottery of Goods License Application Form, including all required documentation.

• Download Lottery of Goods License Application Form
 

The Curaçao lottery sector is licensed and regulated through the Lottery Ordinance 1909 (Loterijverordening 1909, AB 1965, no. 85, z.g.) and applicable national decrees. The Lottery Ordinance 1909 regulates the Wega di Number (Numbers Lottery, Pick 2, 3 and 4), Lotto, Scratch Lottery and Lottery of Goods. The Curaçao Gaming Control Board (GCB) is the institution responsible for the licenses for Lotteries of Goods and as such is authorized to issue additional guidelines that form an inherent part of the lottery of goods license requirements (e.g. regulation, minimum internal control standards, technical standards, responsible gaming guidelines).
 

Lottery of Goods License FAQs

A lottery of goods is a lottery:

1.exclusively for the purpose of:
• a charitable objective or
• for the promotion of culture, the sciences, the arts or other general interests, and

2. of which the prizes do not consist of money or monetary paper.

The licensee is obligated to maintain adequate financial accounting of the ticket sales and expenses, including the prizes issued.

The licensee is required to submit to the GCB, within 2 months of the drawing, a financial report of the lottery of goods in accordance with the guidelines. The GCB will submit this financial report to the Stichting Overheidsaccountantsbureau (SOAB) for their review. Non-compliance with this obligation will lead to the deposit becoming non-refundable. In addition, it may have negative consequences for future license applications. A positive review by the SOAB will result in restitution of the deposit for compliance with the license requirements.

• Only after presentation of the required guarantees with regard to the prizes and compliance with the license requirements and the receipt of the license fee due, will it be possible for the drawing to take place.
• The licensee must publicly announce the date, time and place of the drawing at least 8 days in advance.
• The drawing is a public event.
• The drawing takes place in the manner stipulated in the license.
• The civil servant tasked with the drawing, draws up an official report of the numbers drawn and the corresponding prizes.
• The licensee must publicly announce the results of the drawing within 24 hours.

The drawing takes place in attendance of the Minister of Justice or a civil servant appointed by him.

The Minister of Justice determines the means by which and the way a drawing takes place. Making use of the drawings of Wega di Number, Landsloterij or any other existing lottery is strictly prohibited.

In a Lottery of Goods all prizes are required to be distributed. Using the drawings of Wega di Number, Landsloterij or any other existing lottery is strictly prohibited as the result is that not all prizes may be distributed or prizes may not be distributed at all.

Yes. Lottery tickets may not be sold to people younger than 18 years old. Should the winner proof to be a minor, the prize will not be issued to that person.

It is also prohibited to use minors for selling lottery tickets.

Together with the license application, the applicant should submit a draft print of the lottery tickets, which should, at a minimum, comply with the following:

• continuous numbering;
• space for the license number, the text obligated by the GCB and the date of the license;
• the name of the licensee;
• the drawing date;
• the prizes;
• a notification that the prizes, unclaimed after six (6) months of the drawing, will be cancelled to the benefit of the licensee.

All legitimate Lottery of Goods tickets carry the GCB stamp. A lottery ticket that lacks above information as well as the GCB stamp belongs to an illegal lottery.

The license applicant must pay a license fee of 10% of the gross revenue of all tickets to the Government of Curaçao.

Example:
a lottery of goods with a gross revenue of NAf 100,000 yields license fees to the value of NAf 10,000 for Curaçao.

The license applicant must also submit 2 adhesive stamps (“plakzegels”) with the license application, one of NAf 10 for the application itself and one of NAf 20 for the license.

Yes, the following guarantees must be provided:

• a guarantee for the issuance of the prizes: a guarantee to the satisfaction of the GCB, for example a bank guarantee with an expiration date of six months after the drawing to the value of the total prize package;

• a guarantee for compliance with the lottery of goods license requirements: a deposit of 5% of the gross revenue of all tickets, with a minimum of NAf 500. If the licensee is found to be non-compliant, this deposit will not be refunded.

In a lottery of goods the prizes may not consist of money or monetary paper, such as checks, debit cards, (prepaid) credit cards and savings accounts that allow withdrawals within one year of the drawing.

At least 40% of the total gross value of all lottery tickets has to be returned in prizes to the participants. Example: NAf 100.000 in lottery tickets = at least NAf 40.000 in prizes.

At least 40% of the total gross value of all lottery tickets must be returned in prizes to the participants.

Example:
NAf 100,000 in lottery tickets = at least NAf 40,000 in prizes.

This is dependent on the maximum gross revenue and the ticket price.

Max. Gross revenue / Ticket price = Max. nr. of tickets.

Example:
NAf 100,000 / NAf 10 = Max. 10,000 tickets

Yes. The law determines that the sale of lottery tickets will not exceed NAf 200,000.

Associations and foundations that have legal personality and with statutory objectives, that enable the organization of a lottery of goods under the law.

In a lottery of goods all prizes are issued. Unsold, lost or stolen tickets are excluded from the drawing. Lost and stolen tickets must be reported to the police; an official police report thereof must be obtained.

The unsold tickets and copies of the official police reports of the lost and/or stolen tickets, accompanied by a well legible list of all these ticket numbers, must be submitted to the civil servant tasked with the drawing 24 hours prior to the drawing, at the latest. The civil servant authenticates this list and marks the tickets for destruction.