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What requirements are there to run a raffle? - Prize Pool - $500 or less
| Is a permit required? | No |
|---|---|
| Are number of tickets available for sale limited? | Yes, the total value of tickets available for sale must be not less than twice and not more than six times the total value of the prizes |
| Are we required to have printed tickets? | No |
| Do we need to collect ticket purchaser's details? | No |
| How long can we sell tickets for? | One day, or within an eight hour period. |
| When does the draw have to occur? | On the same day as the ticket sales, or within an eight hour period. |
| What method must we use to draw the raffle? | The method of draw must allow each ticket a random and equal chance of winning. |
| We cannot located the winner, what should we do? | If a winner does not come forward within a reasonable amount of time following the announcement of the winning number a redraw must occur. |
| What records must we keep and for how long? |
You must keep a record of the distribution of funds and prizes for three years.
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