Melbourne Cup: A reminder of the DIA’s strange-but-true rules for office sweepstakes
The jackpot limit, the individual limit and (cough) the prohibition on firearms and hookers.
The jackpot limit, the individual limit and (cough) the prohibition on firearms and hookers.
Like many offices, NBR Towers is in the throes of organising a Melbourne Cup sweepstake.
The process is perfectly legal, as long as you stick within the Gambling Act (2003), as enforced by the Department of Internal Affairs.
A spokeswoman for the DIA confirms those are:
- The prize for a class 1 gambling event (such as a Melbourne Cup office sweep) can’t be more than $500
- The cost of tickets in an office sweepstake is dictated by that $500 divided by the number of tickets. Given the Melbourne Cup has 24 horses, that limits you to a maximum cost of $20.83 per ticket.
- All cash collected must be returned as the prize.
If you want to go beyond cash, the act’s list of prohibited prizes includes:
- Firearms
- Liquor
- Vouchers for sexual services
- Tobacco products
Break the rules and you can cop a $1000 fine as a participant, $20,000 if you're an organiser or $50,000 if you're a body corporate hosting an illicit jackpot (as well as dealing with whatever mayhem is caused by drunk staff with guns and visiting hookers).