Province announces new charitable lottery fee structure
Many Island non-profit and charitable organizations will no longer be paying lottery license fees as a percentage of the value of their prize awards.
Effective August 21, fees associated with community fundraisers with winnings of $5,000 or less will be eliminated. Organizers of significant fundraisers, where the prize award is more than $5,000, will pay a flat fee of $25 for each event.
“Islanders are very generous people who look out for their friends and neighbours. We come together in times of need and when there are important causes to support. Community fundraisers do important work to help fellow Islanders and build up our province. Removing fees for smaller fundraising events relieves some of the cost pressures of organizing them.”
- Minister of Justice and Public Safety Bloyce Thompson.
Financial reporting requirements will remain in place for community fundraisers where the total prize award is $5,000 or more.
“The larger fundraising events like 50/50 and Chase the Ace raffles are exciting opportunities to raise money for a good cause and often will attract a lot of participants. The Province has the responsibility to ensure that these charitable activities continue to have regulations in place to protect Islanders,” added Thompson.
Learn more about charitable lottery fees.
Media contacts:
Vicki Tse
Senior Communications Officer
Department of Justice and Public Safety
vickitse@gov.pe.ca