I have a raffle. I sell 20,000 tickets for a dollar each. The prize is $10,000 dollars. I keep the other $10,000 dollars as a "Prize Fund Management Fee".
Hey, i'm getting my moving money, one way or the other!
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09:26 PM
PFF
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Telegram Sam Member
Posts: 231 From: Carmel-by-the-Sea, California Registered: Apr 2006
Reminds me of the old story of a clever farmer who raffled of a dead mule. he sold 200 tickets at a dollar each. When the winner complained that the mule was dead, he refunded the dollar.
Yeah, you'd probably need some soap on a rope, Boondawg.
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09:42 PM
cliffw Member
Posts: 35951 From: Bandera, Texas, USA Registered: Jun 2003
As long as you give the rules of the contest and the estimated odds of winning, I don't think there is anything wrong with it. You might have to get a permit for it.
How else would NBC do it all the time with their games? I'm sure more than 10,000 people play their "Deal or No Deal?" game, where you win $10,000.
That is a "50/50 Raffle" and they are regulated in allot of places. So yes you likely can go to jail, get fined, etc... It is considered gambling in most states so the issue is allot more than tax.
------------------ Dr. Ian Malcolm: Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should. (Jurasic Park)
That's why they call it a 50/50. you're supposed to donate the other half obviously.
A good legal scam is start a non profit org. You only have to donate 1% and have no profits. Doesn't mean you can't pay yourself a CEO sized salary. All you do it tell the people you donate 99% of everything you don't keep. Then when they ask how much you keep, you say, only what we need in operating costs.
I'll check with my friend from the BBB, if you cut me in of course.
Reverend Dog will be sending everyone a little flimsy plastic cross soon. Not yours to keep-just to borrow. Wrap a 20 around it and send it back to Boonie.
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10:23 PM
jstricker Member
Posts: 12956 From: Russell, KS USA Registered: Apr 2002
Most states dont want you gambling because they cant get in on the action. Our local bowling house was targeted a few months ago for selling 50/50 tickets. Been going on for years until we got a new "PA" govenor. They consider it "small games of chance" . However if you roll a perfect 300 game your rewarded with a nice jacket , your name in the paper, and you're sized you up for a gold ring with no questions ask. I think its the cash part that gets the gov upset. Maybe if you used monopoly money???
Of course, you could go the completely legal and totally legit way of getting a gov't grant to examine the effects of moose farts on the ozone layer...
Reverend Dog will be sending everyone a little flimsy plastic cross soon. Not yours to keep-just to borrow. Wrap a 20 around it and send it back to Boonie.
Don't drink the Kool-Aid he sends you. I'm thinking Jim Jones here.
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01:35 AM
Boondawg Member
Posts: 38235 From: Displaced Alaskan Registered: Jun 2003
examine the effects of moose farts on the ozone layer...
I've already done that. My study concluded 3 things: 1. They smell like pussywillows. 2. The view works better then Surup of Ipicac. 3. Getting kicked in the head while smelling a moose's ass is not covered by insurance.
Reminds me of the old story of a clever farmer who raffled of a dead mule. he sold 200 tickets at a dollar each. When the winner complained that the mule was dead, he refunded the dollar.
Thats EXACTLY what I thought of when I read his first post, lol. That story was floating around myspace a few weeks ago.
Goodluck with your raffle boonie
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08:08 AM
jstricker Member
Posts: 12956 From: Russell, KS USA Registered: Apr 2002
In your example the difference is a game of "skill" (bowling) vs. a game of "chance" (drawing/lottery). Unless, of course, you're willing to go to your local bowling alley and tell everyone there that there's no skill involved and it's all dumb luck! (I want to be there for that one )
John Stricker
quote
Originally posted by Spoon:
Most states dont want you gambling because they cant get in on the action. Our local bowling house was targeted a few months ago for selling 50/50 tickets. Been going on for years until we got a new "PA" govenor. They consider it "small games of chance" . However if you roll a perfect 300 game your rewarded with a nice jacket , your name in the paper, and you're sized you up for a gold ring with no questions ask. I think its the cash part that gets the gov upset. Maybe if you used monopoly money???
I've already done that. My study concluded 3 things: 1. They smell like pussywillows. 2. The view works better then Surup of Ipicac. 3. Getting kicked in the head while smelling a moose's ass is not covered by insurance.
My next study: Shark Breath.
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06:17 PM
PFF
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May 10th, 2006
Blacktree Member
Posts: 20770 From: Central Florida Registered: Dec 2001
I've already done that. My study concluded 3 things: 1. They smell like pussywillows. 2. The view works better then Surup of Ipicac. 3. Getting kicked in the head while smelling a moose's ass is not covered by insurance.
)
