Pick a site to host your raffle, and choose your prizes and ticketing system. Then, make a post or a website detailing your raffle information. At the end of your set raffle time, pick a winner fairly and honestly. With either method, you can easily do an online raffle and raise money for your cause! Part 1.If you actually mean "raffle", that is a drawing that you paid money per ticket to enter and the more tickets purchased, the better your chance of winning, then no, presumably the money used to purchase the ticket was yours and so too is the prize. I would say this case is completely independent of company policy.Because the organization does not use any of the raffle's proceeds for administrative expenses or to benefit a private individual, the raffle does not meet the definition of a taxable wager. Therefore, no wagering taxes apply. Example 2: An exempt organization sells pull-tabs at its building. The organization uses some proceeds to pay its ...

1. 50/50 Raffle . View this post on Instagram . A post shared by melva (@preppiecurler) on Sep 30, 2018 at 5:34pm PDT. This idea is easy to try out because you don't need to procure a big-ticket prize—the incentive is cash. In a nutshell, you sell raffle tickets at the event. 50 percent of the pot goes to the winner, and 50 percent goes to ...A 50/50 raffle splits the income from raffle ticket sales 50/50 with the winner or winners. That means that for every $1 spent on a ticket, $0.50 is retained by your nonprofit and $0.50 is offered as prize money. The jackpot incentivises individuals to make a donation to your nonprofit organization in exchange for the chance to win a portion of ...

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