Form 51, Nebraska Lottery Raffle Tax Return - revenue ne 2025

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering your Nebraska Identification Number and the tax period at the top of the form.
3. In the 'Name and Location Address' section, provide the official name and mailing address of your organization.
4. Fill in line 1 with the total number of lottery/raffle tickets sold during the tax period. Then, enter any free tickets issued on line 2.
5. Calculate the total number of tickets (line 1 plus line 2) and enter this value on line 3.
6. On line 4, input the cost per single ticket. Ensure this reflects the price without discounts for multiple purchases.
7. Enter the total cash prizes on line 5 and merchandise prizes on line 6. These should reflect their fair market values.
8. Calculate gross proceeds by multiplying total tickets (line 3) by cost per ticket (line 4) and enter this on line 7.
9. Determine tax due by multiplying gross proceeds (line 7) by .02 and enter this amount on line 8.
10. If applicable, include any previous balance with interest on line 9, then calculate your final balance due on line 10.
11. Sign where indicated to certify that all information is correct before submitting your return.

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