National Social Security Lottery Act

[AI summary unavailable — showing source text] National Social Security Lottery Act - Title I: The National Lottery - Establishes the National Lottery Commission to establish and operate a national lottery on an annual basis. Requires that lottery tickets be sold at U.S. post offices and any other places specified by the Commission. Prohibits the sale of any tickets and the awarding of any prize to any person under the age of 21. Sets the minimum amount of lottery prizes to be awarded in any fiscal year at 40 percent of the lottery revenues in such fiscal year. Exempts lottery prize money from Federal, State, and local taxation. Sets forth criminal penalties for: (1) the sale of forged or stolen national lottery tickets; (2) fraud with respect to the national lottery; (3) unauthorized sales of national lottery tickets; (4) sales of such tickets at unauthorized prices; and (5) sales of such tickets to persons under the age of 21. Declares the sale of lottery tickets under this Act to be a Federal function for the purpose of raising revenue. Permits the sale of national lottery tickets anywhere under U.S. jurisdiction. Requires the Commission to consult and cooperate with appropriate State and local authorities in order to facili…