Section 316-35-500 - SCOPE AND ELIGIBILITY500.01 Bingo, Lottery, Raffle, and Lottery by Pickle Card Regulations 35-500 through 35-504 are adopted to carry out the provisions of the Nebraska Small Lottery and Raffle Act.500.02 Any nonprofit organization incorporated in this state as a nonprofit corporation or organized in this state as a religious or nonprofit organization which is exempt under section 501 of the Internal Revenue Code, or any nonprofit organization located within this state whose major activities in this state are conducted for charitable or community betterment purposes is eligible to conduct one lottery per calendar month, the gross proceeds of which are not to exceed $1,000.00, and/or any number of raffles per calendar month, if the total gross proceeds of all such raffles do not exceed $5,000.00 in that calendar month. Qualifying nonprofit organizations conducting lottery and raffle activities not exceeding the gross proceeds limitations set forth in this regulation are not required to obtain a license, or pay any state lottery and raffle tax. 500.02A If a qualifying nonprofit organization conducting a small lottery or raffle exceeds the gross proceeds limitations set forth in this regulation, such organization may be required to pay the license fees for a lottery and raffle license, and shall be required to pay the lottery and raffle tax required by the Nebraska Lottery and Raffle Act and file any reports required by the Nebraska Lottery and Raffle Act and regulations.316 Neb. Admin. Code, 35, § 500