The board may adopt rules, policies and procedures for the conduct of lottery games in general, including, but not limited to the following matters:
A. the type of games to be conducted, which may include any type of lottery game not prohibited by the New Mexico Lottery Act;
B. the percentage of lottery revenues that shall be returned to the public in the form of lottery prizes;
C. the method and location of selecting or validating winning tickets;
D. the manner and time of payment of prizes, which may include lump-sum payments or installments over a period of years;
E. the manner of payments of prizes to the holders of winning tickets;
F. the frequency of games and drawings or selection of winning tickets;
G. the method to be used in selling tickets, which may include the use of electronic or mechanical devices;
H. the price of each ticket and the number and size of prizes;
I. the conduct of drawings and determination of winners of lottery games;
J. requirements governing lottery tickets, including, but not limited to, requirements that all instant-win tickets be recyclable; and
K. any and all other matters necessary, desirable or convenient toward ensuring the efficient and effective operation of lottery games.
History: Laws 1995, ch. 155, ยง 8.
Structure 2021 New Mexico Statutes
Article 24 - New Mexico Lottery
Section 6-24-2 - Legislative findings.
Section 6-24-5 - New Mexico lottery authority created.
Section 6-24-6 - Powers of the authority.
Section 6-24-7 - Board of directors; duties.
Section 6-24-8 - Lottery games; adoption of rules, policies and procedures by board.
Section 6-24-9 - Legislative oversight; legislative finance committee; duties.
Section 6-24-10 - Chief executive officer; compensation; appointment; duties.
Section 6-24-11 - Employees; conflict of interest; investigations; bonds.
Section 6-24-12 - Executive vice president for security; qualifications; duties.
Section 6-24-14 - Lottery retailers; contracts; sales commission; bonds.
Section 6-24-15 - Lottery tickets; sales.
Section 6-24-16 - Termination of lottery retailer contracts.
Section 6-24-17 - Disclosure of odds.
Section 6-24-18 - Felony and gambling-related convictions; ineligibility for lottery positions.
Section 6-24-19 - Procurement; competitive proposals.
Section 6-24-20 - Disclosures by lottery vendor.
Section 6-24-21 - Drawings for and payment of prizes; unclaimed prizes; applicability of taxation.
Section 6-24-24 - Disposition of revenue.
Section 6-24-25 - Prohibition on use of state funds.
Section 6-24-26 - Authorization to issue revenue bonds.
Section 6-24-27 - Revenue and budget reports; records; independent audits.
Section 6-24-28 - Internal auditor; appointment; duties.
Section 6-24-29 - Unlawfully influencing and fraud; penalties.
Section 6-24-30 - Conflicts of interest; penalties.
Section 6-24-31 - Forgery of lottery ticket; penalty.
Section 6-24-32 - Unlawful sale of lottery ticket; penalty.
Section 6-24-33 - Unlawful purchase of lottery ticket; penalty.
Section 6-24-34 - Criminal provisions of act in addition to any existing Criminal Code provisions.