Raffles — The Right Way
Please see below for information regarding raffles from www.nonprofitaccountingbasics.org. Please note that due to permissions set on that website, it is unable to be embedded here. Please click the button below to be taken to the article "Raffles -- The Right Way".
"A raffle is where the organization sells tickets, spearately from tickets for admission to an event, and one of the tickets is drawn from all tickets to win a prize. Raffle tickets are tickets sold separately from event tickets. If everyone attending an event is eligible to win a prize drawing, then it's a door prize, not a raffle."