Search Results for: PRIZE MONEY

head money

head money. 1. A tax on people who fit within a designated class; a poll tax. See capitation tax, poll tax under TAX. [Cases: Taxation 106. C.J.S. Taxation §§ 1671–1672.] 2. A bounty offered by a government for a prisoner taken at sea during a naval engagement. • This bounty is divided among the officers

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purse

purse, n. A sum of money available to the winner of a contest or event; a prize. [Cases: Gaming 7. C.J.S. Trading Stamps and Coupons §§ 4–5.]

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sweepstakes

sweepstakes. 1. A race (esp. a horse race) in which the winner’s prize is the sum of the stakes contributed by the various competitors. 2. A contest, often for promotional purposes, that awards prizes based on the random selection of entries. • State and federal laws prohibit conducting a sweepstakes as a scheme to obtain

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gambling contract

An agreement to engage in a gamble; a contract in which two parties wager something, esp. money, for a chance to win a prize. • Where gambling is legal, contracts related to legal gambling activities are enforceable. — Also termed gaming contract. See wagering contract. [Cases: Gaming 25.]

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gambling

gambling, n. The act of risking something of value, esp. money, for a chance to win a prize. • Gambling is regulated by state and federal law.18 USCA §§ 1081 et seq. — Also termed gaming. See COMMON GAMBLER. [Cases: Gaming 1.] Indian gambling. Gambling conducted by a federally recognized Indian tribe and regulated by

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