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Is there sales tax on raffles in Iowa?

Property purchased for use as a prize to players in any game of skill, game of chance, raffle or bingo game is not subject to Iowa sales tax. The winner of the prize is not obligated to pay the sales tax either. This exemption includes the purchase of a motor vehicle subject to registration.

Who is the director of the DIA in Iowa?

Larry Johnson, Jr., is the director of DIA. He was appointed to this role by Governor Kim Reynolds on March 1, 2019. Johnson previously served as the State public defender.

How do I contact DIA in Iowa?

Records requests can be made by filling out DIAs online form, by phone (515.281. 7102), fax (515.242. 6863), or mail, or in person at DIAs main office in the Lucas State Office Building, 321 E. 12th Street, Des Moines, Iowa 50319.

How do I report illegal gambling in Iowa?

Please contact the Iowa Social and Charitable Gambling Unit at 515.281. 6848 for complete information regarding sports pools and social gambling. Contact the Iowa Department of Revenue at 515.281.

Can you sell raffle tickets online in Iowa?

Iowa Permits online charity raffles, but only with an Electronic Manufacturer and Distributor that is licensed in Iowa.

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Do you need a license to have a raffle in Iowa?

The only gambling activities authorized under these licenses are bingo, raffles, and games of skill and chance. A license must be issued by DIA before gambling takes place, including the promotion and sale of tickets. Applications should be received by DIA at least 30 days prior to the intended start of activity.

Is a raffle legal in Iowa?

A cash or merchandise prize may be awarded in a raffle. If a merchandise prize is awarded, the actual retail value of the prize, or if the prize consists of more than one item, unit, or part, the aggregate retail value of all items, units, or parts, shall not exceed the maximum value allowed for that raffle. d.

Is having a raffle gambling?

Raffles are considered games of chance, meaning participants pay for a chance to win a valuable prize. Because raffles are games of chance and can be considered lotteries, theyre heavily regulated in many states as a form of gambling.

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