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Are raffle tickets to benefit a qualified charity deductible?

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Are raffle tickets to benefit a qualified charity deductible?

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No. The IRS considers the chance to win a prize to be something of value received in exchange for the “contribution” to receive the raffle ticket. A charitable deduction, generally, may only be taken on donation amounts greater than value received, so raffle ticket purchases are not deductible as charitable gifts. See the table on page 2 of IRS Publication 526.

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