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.
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