Code of VirginiaTitle 58.1. Taxation9/22/2020 Chapter 40. Virginia Lottery Law; Sports BettingRead Chapter Article 1. Powers and Duties of Virginia Lottery Board; Administration of Tickets and PrizesRead all § 58.1-4000Short title § 58.1-4001Establishment of state lottery § 58.1-4002Definitions § 58.1-4003Virginia Lottery established § 58.1-4004Membership of Board; appointment; terms; vacancies; removal; expenses § 58.1-4005Appointment, qualifications and salary of Director § 58.1-4006Powers of the Director § 58.1-4007Powers of the Board § 58.1-4007.1Lottery tickets to bear telephone number for compulsive gamblers § 58.1-4007.2Repealed § 58.1-4008Employees of the Department; background investigations of employees § 58.1-4009Licensing of lottery sales agents; penalty § 58.1-4010Authority of persons licensed as lottery sales agents; annual fee § 58.1-4011Meaning of "gross receipts." § 58.1-4012Suspension and revocation of licenses § 58.1-4013Right to prize not assignable; exceptions § 58.1-4014Price of tickets or shares; who may sell; penalty § 58.1-4014.1Method of payment for purchase of tickets or shares § 58.1-4015Sale of ticket or share to person under eighteen prohibited; penalty § 58.1-4015.1Voluntary exclusion program § 58.1-4016Gift to minor prohibited § 58.1-4017Alteration and forgery; presentation of counterfeit or altered ticket or share; penalty § 58.1-4018Prohibited actions; penalty § 58.1-4018.1Larceny of tickets; fraudulent notification of prizes; penalty § 58.1-4018.2Ticket discounting; civil penalties § 58.1-4019Certain persons ineligible to purchase tickets or shares or receive prizes § 58.1-4019.1License required for "instant ticket" games or contests § 58.1-4020Unclaimed prizes § 58.1-4020.1Voluntary assignment of lottery prizes or pledge as collateral for a loan; requirements for the assignees and lenders § 58.1-4021Deposit of moneys received by agents; performance of functions, etc., in connection with operation of lottery; compensation of agents § 58.1-4022Virginia Lottery Fund § 58.1-4022.1Lottery Proceeds Fund § 58.1-4023Post-audit of accounts and transactions of Department; post-compliance audits § 58.1-4024Employees of the Department § 58.1-4025Exemption of lottery prizes and sales of tickets from state and local taxation § 58.1-4026Set-off of debts to the Commonwealth from prizes § 58.1-4027Judicial review § 58.1-4028Repealed § 58.1-4029Disclosure of identity of winners by the Department Article 2. Sports BettingRead all § 58.1-4030Definitions § 58.1-4031Powers and duties of the Director related to sports betting; reporting § 58.1-4032Application for a sports betting permit; penalty § 58.1-4033Renewals of permits § 58.1-4034Duties of permit holders § 58.1-4035Suspension and revocation of permits; civil penalties § 58.1-4036Use of official league data § 58.1-4037Tax on adjusted gross revenue § 58.1-4038Distribution of tax revenue § 58.1-4039Events on which betting is prohibited; penalty § 58.1-4040Underage betting prohibited; penalty § 58.1-4041Persons prohibited from sports betting; penalty § 58.1-4042Operation and advertising of unpermitted facilities prohibited; penalty § 58.1-4043Reporting and investigating prohibited conduct § 58.1-4044Required direct notification to the Department and to sports governing bodies § 58.1-4045Liquidity pools § 58.1-4046Intermediate routing of electronic data § 58.1-4047Certain provisions in Article 1 (§ 58.1-4000 et seq.) to apply, mutatis mutandis