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Category Archives: raffles
State-by-State Raffle Laws
Raffles, even for charity, are illegal in many states. Before you begin planning one for your organization, make sure you look into the relevant gaming laws. Here we’ve provided links to the most up-to-date information for all 50 states plus … Continue reading
Posted in Non Profit Fundraising, raffles
Tagged Non Profit Fundraising, Non Profit Organizations, raffle, raffle law, raffle laws, raffles
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Taxes on Raffle Prizes
So that $5 raffle ticket really paid off and you’ve won a really valuable raffle prize—money, a car, a house. Congratulations! However, be aware that that raffle prize can bite you in the rear come tax time if you haven’t … Continue reading
Why Do Raffles Work?
Raffles are a very simple thing, really. One person pays another person money to gain the possibility of obtaining a prize. But why does this work? Why would anyone ever give good money just for the CHANCE to receive something … Continue reading