No. In the vast majority of cases, raffles must benefit a legally registered non-profit, charitable agency. Contests sponsored by a for-profit businesses, individual or government would either be defined as a lottery (if a ticket purchase is required) or a sweepstakes (if no purchase is necessary). There are other laws that govern these two activities.
It is important to check all laws for your area, where your organization operates and where tickets will be sold. Laws vary by country, state/province, county/district/parish and by city.
Is it legal for someone raffle off their home, keeping the value of home or 50% or more of take while giving the rest to a charity. Or could a charity do thids on your behalf??
It’s best to let the charity run the raffle. Most of the time only registered charities may organize and profit from raffles. The requirements and laws vary widely by location. Contact your state and local authorities to find out more info.
If the charity runs the raffle and you raffle your home they pay it off and keep all proceeds or can you keep some of proceeds or set a cap? Do you know if there are any companies in Wisconsin that do this for homeowners?
It would be good if we could talk a lottery orgaization into doing house raffles on a regular bases, first buying your house/home for the going price and then raffling it or doing the lotto thingie. In Australia they have an RSL (RSA – Returned Service Asociation = returned military folks) that do lottery on new houses in sort after areas, like the gold coast. But it would be nice if one of these organizations took on a cheaper version using second hand homes/house. It would help get more homes sold for the sellers and give lucky winners a home they may not otherwise ever be able to afford to buy.