raffles

A raffle is a method of fundraising and prize distribution in which participants purchase tickets for a chance to win a prize. Each ticket represents an entry in a random drawing. After ticket sales close, a winner is selected by a random method, such as a mechanical drawing or a random number generator, and is awarded the prize. Prizes can be cash or goods or experiences, and raffles are commonly organized by charitable organizations, clubs, schools, or community groups.

Common formats include general raffles and 50/50 raffles, where half of the proceeds go to the winner and half to the sponsoring organization. Some raffles allow multiple entries per person or cap the number of tickets an individual may purchase. Tickets are usually sold at a fixed price, and the drawing date, eligibility rules, and prize details are disclosed beforehand to participants.

Regulation and fairness: raffles are subject to gambling and consumer protection laws that vary by jurisdiction. Many places require permits or licenses for public raffles, particularly those conducted online or across jurisdictions. Transparency measures such as independent drawings, clear terms, and accounting practices are often encouraged or mandated. Tax treatment of proceeds and prizes varies by country and locality; organizers may need to report revenue and winners may face taxes depending on local rules.

History and use: raffles have a long history as a method of funding public projects and charitable activities. Their modern form is widely used by nonprofit organizations, schools, clubs, and community groups to raise funds and engage participants.