Raffle Contract and Agreement

State:
Multi-State
Control #:
US-02057BG
Format:
Word; 
Rich Text
Instant download

Description How To Start A Contract

A Raffle is a form of lottery in which a number of persons buy one or more chances to win a prize. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
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FAQ

Gambling is illegal in California unless it is permitted by statute. A raffle is defined as gambling unless it meets all of the criteria set forth in Penal Code section 320.5.Section 320.5 and related regulations can be found on the Attorney General's website at oag.ca.gov/charities/raffles.

Lotteries or raffles - cannot be run for any commercial gain or profit, such as selling your house or a car.But be careful, if the free draw or prize competition hasn't been set up correctly, you could be running an illegal lottery and breaking the law - make sure you seek legal advice!

You may need a licence from the Gambling Commission or a registration with a local authority. Make sure you understand the requirements before you start to run a lottery.

You may need a licence from the Gambling Commission or a registration with a local authority. Make sure you understand the requirements before you start to run a lottery. If you are considering running a lottery online make sure it is lawful.

Get it in writing. Keep it simple. Deal with the right person. Identify each party correctly. Spell out all of the details. Specify payment obligations. Agree on circumstances that terminate the contract. Agree on a way to resolve disputes.

In order to be legal, online raffles must be licensed by the Gambling Commission.

In California, only nonprofit organizations can legally conduct raffles. Before holding a raffle, you must file a raffle registration form. You must also file an annual raffle report form that reports on the raffles your organization conducts in a given year.

Anyone can set up a raffle group on Facebook and then begin inviting contacts to join, although Facebook says it shuts down illegal raffle pages - those not licensed by the Gambling Commission - as soon as they are reported. The page owners then choose a prize, and sell tickets - using PayPal or a bank transfer.

A large raffle license is $50 per drawing date. A small raffle license is $15 for up to three drawing dates at the same location and $5 for each additional date.

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Raffle Contract and Agreement