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Old 12-28-2002, 11:07 AM
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Tempus fugits if it's a raffle.

If you're going to sell tickets in multiple states, someone may need to look into each states requirements vis a vis raffle legalities.

You also need to determine, as has already been brought up, how much you're going to charge for tickets (discounts for blocks of $100?) AND how many tickets you're going to sell (an ever expanding number so no one can just buy them all?).

I agree that a raffle could raise more than a pure auction, but doing so will take much more effort and involvement than posting it as an auction...how about a combo raffle/auction with the proceeds from the raffle tickets being bid on the car. Would seem to guarantee the maximum return, though it could be possible that NO raffle ticket buyers would end up with a car and would have to settle for the secondary prizes. I don't even know if such an arrangement is legal.

Using American Cancer Society raffle results may be a bit specious just due to the size of the 'audience' involved. The '56 Chevy raffle may be more indicative. Though a local hospital sold tickets to its doctors and raised enough to award a new Rolls Royce and still raise money for charitable purposes. Very dependant on the 'market' you're selling into. This could well be a very wealthy market.
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