Here are a few rules to keep in mind if you are planning on entering the California Liquor License lottery.
1. You must be able to file a liquor license application within 90 days of being notified that you have been awarded a license through the lottery. This can be very significant if you do not yet have a location.
2. The person or entity who applied for the lottery license must have been a California resident for 90 days preceding the lottery.
3. Holding periods apply for lottery winners. For an original license, you must hold it a minimum of 2 years before you can resell it. For an inter-county license, you must hold it for a minimum of 5 years. This is to prevent lottery winners from “flipping” their license immediately.
If you need more information regarding the California Liquor License lottery, please contact our office and we would be happy to assist you.