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What is considered a cash prize?

Answer #834 -- ( Published 02/29/2012 09:48 AM | Updated 07/12/2017 10:40 AM )

What is considered a cash prize?

A cash prize is money, or an equivalent of money, that has a measure of value and is widely accepted as means of payment for goods or services.

Note: For further information regarding cash prizes, refer to the Charitable Games Regulations, Section 435.160.

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