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The second way is to run multiple raffles simultaneously. In this case, you must create and sell a unique raffle ticket for each of the prizes. Conducting a raffle in this manner would require you to create a raffle ticket for each prize: a pair of basketball tickets, a television, dinner out, and a gas card.

You have to sell at least 200 tickets in order to break even. Anything above the cost of the prizes and expenses is your profit. I read one example of a raffle written of by P. T. Barnum, the great circus pioneer.

Only non-retail licensees may donate alcohol to nonprofit organizations (NPOs). If an NPO approaches you for donations of manufacturer-sealed bottles of alcohol, you may only donate under the following conditions: You are licensed as a winery, brewery, distiller or a spirits distributor.

Can liquor be a raffle prize? Yes, but only at members-only raffles (unlicensed or licensed) and you have to get a permit from the Liquor & Cannabis Board. Otherwise, liquor may not be offered as a prize in any gambling activity.

Regular Gambling Withholding: An organization that pays raffle prizes must withhold 25% from the winnings and report this amount to the IRS on Form W-2G. This regular gambling withholding applies to winnings of more than $5,000. If the organization fails to withhold correctly, it is liable for the tax.

Alcohol may be awarded as a prize only if a special permit is obtained from the Liquor Control Board. There are two types of raffles; the following conditions apply to each: Limited public raffles?tickets sold to the general public (see RCW 9.46.