Wisconsin Raffle Contract and Agreement is a legally binding document that outlines the terms and conditions for organizing a raffle event in the state of Wisconsin. This agreement serves as a guideline for both the organization conducting the raffle and the participants involved. It ensures transparency, fair play, and compliance with state laws regarding raffles. The Wisconsin Raffle Contract and Agreement typically includes the following key elements: 1. Parties Involved: The contract identifies the organization conducting the raffle and the participants who wish to purchase raffle tickets. 2. Purpose of the Raffle: It clearly states the purpose of the raffle, such as fundraising for a charitable cause or organization. This section emphasizes the nonprofit nature of the event and ensures that all proceeds will be used for an approved purpose. 3. Ticket Sales: The agreement specifies the ticket price and any restrictions related to ticket sales, such as age limitations for participants. It also outlines the process of ticket distribution and sales deadlines. 4. Prizes and Drawings: This section enumerates the prizes offered in the raffle and provides a detailed description of each. It clarifies the drawing process, including the date, time, and location of the public drawing. Additionally, it defines the eligibility criteria for winning and how winners will be notified. 5. License and Permits: In Wisconsin, specific licenses or permits may be required to conduct a raffle legally. The agreement outlines the responsibility of the organization to acquire the necessary licenses and comply with all rules and regulations established by the Wisconsin Department of Administration. 6. Taxes and Reporting: This section highlights the responsibility of the organization and winners to report and pay any applicable taxes on raffle winnings as required by state and federal law. 7. Indemnification and Liability: The contract includes provisions to protect the organization from any claims, damages, or liabilities arising from the raffle. It also clarifies that participants voluntarily assume any risks associated with their participation in the event. Types of Wisconsin Raffle Contracts and Agreements: 1. Standard Raffle Agreement: This is the most common type of raffle agreement used for general fundraising purposes by nonprofit organizations and charities. 2. Electronic Raffle Contract: With the increasing popularity of online raffles, this agreement specifically caters to raffles conducted through electronic platforms, ensuring compliance with Wisconsin laws relevant to online raffle events. 3. Event-Specific Raffle Agreement: Occasionally, raffles are organized as part of specific events, such as fairs, festivals, or community gatherings. This type of agreement is tailored to such events, incorporating additional clauses related to event logistics, ticket sales at the venue, and collaboration with event organizers. Keep in mind that it is essential to consult with legal professionals or the Wisconsin Department of Administration to ensure compliance with all relevant laws and regulations when creating a Wisconsin Raffle Contract and Agreement.