Except as otherwise provided in section twenty-two of this article, during the period of a license the average total prizes awarded by a licensee, or in the aggregate by two or more limited occasion licensees holding a joint bingo occasion, for any bingo occasion held pursuant to an annual or limited occasion license, may not exceed $10,000 in value.
Prizes may be money or merchandise other than beer, nonintoxicating beer, wine, spirits or alcoholic liquor as defined in section five, article one, chapter sixty of this code. If the prizes are merchandise, the value assigned to them is their fair market value at the time of purchase.
Structure West Virginia Code
Chapter 47. Regulation of Trade
§47-20-3. Who May Hold Bingo Games; Application for License; Licenses Not Transferable
§47-20-4. Annual License; Conditions on Holding of Games
§47-20-5. Limited Occasion License; Conditions on Holding of Games
§47-20-6. License Fee and Exemption From Taxes
§47-20-6a. Super Bingo License
§47-20-7. Information Required in Application
§47-20-8. Amendment of License
§47-20-9. Licensee Rules and Regulations
§47-20-10. Limits on Prizes Awarded -- General Provisions
§47-20-11. Operator of Bingo Games and Related Concessions
§47-20-12a. Compensation of Bingo Operator; Number of Employees
§47-20-13. Concessions Exception
§47-20-15. Payment of Reasonable Expenses From Proceeds; Net Proceeds Disbursement
§47-20-16. Records; Commissioner Audit
§47-20-19. Obtaining License Fraudulently; Penalty
§47-20-20. Violation of Provisions; Penalties
§47-20-21. Proceeds of State Fair
§47-20-22. State Fair Bingo License; Rules and Regulations
§47-20-23. Administration; Rules and Regulations
§47-20-25. Filing of Copy of License; Application Open to Public Inspection
§47-20-26. County Option Election
§47-20-27. Prohibited Acts by Convicted Individuals and Corporations
§47-20-28. Restrictions on Use of Bingo Equipment
§47-20-28a. Certain Operators of Bingo Games to Provide for Smoking and Nonsmoking Sections