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Can a for profit business or individual run a raffle ticket fundraiser?

April 26, 2017Business Fundraiser individual profit raffle run

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Can a for profit business or individual run a raffle ticket fundraiser?

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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.