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No, all 50/50s and squares are legal gaming events and must be licensed. Individuals are not eligible for a raffle license.
Purchase a roll of raffle tickets from a local party supply shop or dollar store. ... Go from door-to-door or desk-to-desk and sell as many tickets to each person as they want, for a donated fee of your discretion. ... When a ticket is purchased, rip off one end and give it to the donor.
A 50/50 Draw is a raffle lottery in which the prize is one half the value of all tickets sold during the event or a defined period of the license. The purchaser receives a ticket containing a number. A ticket stub with the same number is placed in a drum or other container for a draw.
Typical prices are $1, $5 and $10, with $1 being the most common. Bundles can go for $2 for 3 tickets or $4 for 5, or an arm's length for $10 (just don't use long-armed volunteers!). Be sure to offer tickets to everyone and let them know how much they could win.
Tickets are available for purchase IN PERSON by anyone 18 years and older, REGARDLESS OF THEIR STATE OF RESIDENCE. The Raffle ticket sales locations may include Busch Stadium and/or any other locations determined by the Sponsor (each, an “Event Venue”).
It's just like a normal raffle, but instead of a prize, the organization splits the proceeds with the winner. Anyone can participate, even if they just have a few dollars.
A raffle involves many people buying tickets for a chance to win a prize or prizes. In the case of a 50-50 fundraising raffle the prize is 50% of the money taken in by the raffle ticket sales. The other 50% is retained by the nonprofit group holding the raffle. Hence, the name, 50-50 raffle fundraiser.
Raffle is a game of chance where raffle tickets are sold, a winner(s) is determined by randomly drawing a ticket stub from a container, and a prize is awarded. Almost all raffles need to be licensed. If your organization is holding a 50-50 or a “drawing for a door prize,” these are raffles and should be licensed.
Basically it's a raffle, where 50% of the total money collected is then randomly given to one of the donors (odds weighted proportionately by the donation size), and the other 50% goes to the original 'cause' of the fundraising, whether it be a local homeless shelter, a recent victim of something, or whatever that is ...
A license issued by the Michigan Lottery Charitable Gaming Division is required for a raffle (drawings and 50-50) when all three elements of gambling -- consideration (something of value), game of chance (drawing), and prize -- are present.
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