1. What is a Raffle?
A raffle is generally a contest in which participants purchase a ticket or “chance†at winning a prize. Raffles are conducted by registered charitable organizations and the net proceeds from the raffle must be devoted to a charitable or public service activity or endeavor.
2. Can a for profit business or individual run a raffle ticket fundraiser?
Contests sponsored by for profit businesses or governments would either be defined as a lottery (if a ticket purchase is required) or a sweepstakes (if no purchase is necessary) and there are other laws that govern these activities. View the rest of this article
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