New raffles for Yotatech fundraising?
07-26-2004, 03:17 PM
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New raffles for Yotatech fundraising?
How about some new parts/prizes donated to Yotatech for fundraising purposes? I'm already a contributing member, but would throw another 10 bucks at a chance to win some cool prizes. How's the board doing for funding at the moment?
07-26-2004, 03:39 PM
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I seem to remember reading somewhere that the board is pretty well funded for the next few years...
Are you thinking of something like what Custom Tacos has? That would be most cool - I wonder if there's a charity we could benefit...
Are you thinking of something like what Custom Tacos has? That would be most cool - I wonder if there's a charity we could benefit...
07-26-2004, 04:04 PM
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Legality of Raffles is a complex issue. Yahoo search it.
Generally, its illegal.
There is a variety of laws and opinions regarding internet raffles. Most of the information leads to the conclusion that it is unlawful to hold a raffle on the internet. Investigation has shown that:
1. Each state has its own Raffle laws. States where raffles are legal have their own separate rules and regulations for holding raffles. In states where raffles are legal some type of raffle license must be obtained from the pertinent state office.
2. Raffles are considered a form of gambling. Gambling is carefully monitored by state and federal regulations. The three basic criteria that satisfy the definition of gambling are: (1) a prize is awarded; (2) the winner of the prize is determined purely by chance; and (3) some consideration or payment is required to participate.
3. Although each state has its own raffle rules, if we were to hold an internet raffle we would be crossing interstate lines. For instance, in the state of Oklahoma, raffles are illegal. We cannot research and obtain a raffle license in each state. It would be impractical and non-cost effective.
Generally, its illegal.
There is a variety of laws and opinions regarding internet raffles. Most of the information leads to the conclusion that it is unlawful to hold a raffle on the internet. Investigation has shown that:
1. Each state has its own Raffle laws. States where raffles are legal have their own separate rules and regulations for holding raffles. In states where raffles are legal some type of raffle license must be obtained from the pertinent state office.
2. Raffles are considered a form of gambling. Gambling is carefully monitored by state and federal regulations. The three basic criteria that satisfy the definition of gambling are: (1) a prize is awarded; (2) the winner of the prize is determined purely by chance; and (3) some consideration or payment is required to participate.
3. Although each state has its own raffle rules, if we were to hold an internet raffle we would be crossing interstate lines. For instance, in the state of Oklahoma, raffles are illegal. We cannot research and obtain a raffle license in each state. It would be impractical and non-cost effective.
Last edited by COYOTA $x$; 07-26-2004 at 04:09 PM.
07-26-2004, 04:45 PM
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Absolutely. I belong to sportbike board that tried a raffle to raise money and got in trouble with the Tennessee Attorney General. What we found out is that to run a raflle, the money MUST go to a recognized non-profit agency. A charity. If the money raised is used for operating expenses, it's a lottery and they are illegal. We're still trying to pay off all the problems it caused 8 months ago. And the administrator of the board got stuck with a $11,000 motorcycle. He did sell it but took a huge loss on it. Sure don't want to see that happen again.
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