A general answer is that raffles are considered gambling, and gaming laws vary by state. In states that do allow raffles, they are only allowed for charitable organizations, not for-profit companies or individuals.
In the United States online gambling (such as poker) is illegal and since raffles are gambling it would follow that online raffles would [...]
The raffle drum is the container that holds the remitted portion of the raffle ticket. These are the tickets that have the buyer’s information. Most groups want to purchase a nice raffle drum in order to make the drawing first fair and above board, and secondly for dramatic effect. It’s fun to watch the presenters [...]
The amount that you charge for raffle tickets depends on the value of the prizes offered.
For low value items such as gift baskets, $1 per ticket is normal.
For mid level value items such as televisions and some travel, $5 per ticket is normal.
For the largest value prizes automobiles, boats, or large travel prizes $10-$20 per [...]
The simplest definition of a raffle is a contest in which participants purchase a ticket or “chance” at winning a prize. Each ticket normally has two parts. The person buying the ticket keeps one half and the other half, which has the purchaser’s contact information, goes into a pool with all the other [...]