Are Raffles Legal in New Mexico?
Yes, raffles are legal in New Mexico under regulated conditions:
- License: From Charitable Games Division, NM Racing Commission (annual).
- Permit: Per event, from the Commission.
- Eligible Organizations: Nonprofit, charitable, religious, fraternal, veterans’ groups.
- Prizes: Non-cash only (merchandise, gift cards); value proportional to tickets.
- Sales: In-state only, by licensed sellers; no internet/phone sales.
- Reporting: Detailed financial records and reports required.
- Prohibited: Sales to minors, misrepresentation, personal gain, unlicensed operation.
Consult the NM Racing Commission for current rules.