How Do I Raffle My Car?
Raffling a car can be an excellent way to raise money for your favorite charitable organization or an alternative to selling your car. Raffles are illegal in some states; however, other states allow raffles, including car raffles, when state specific rules and regulations are followed. It is very important to carefully consider the value of the car you desire to raffle and to run conservative estimates on whether the funds raised by the car raffle will exceed the cost of the car or the debt owed on the car. Go to the attorney general’s website for the state you intend to hold the car raffle in. Write down or print out the information, laws, regulations and licensing requirements for holding raffles in the particular state. Decide if you want to hold the raffle yourself–if this is a legal option in your state–or if you will find a charity to run the car raffle through. If you owe a small debt or loan on the car, considering making a legal contract and agreement with the charity to pay
