1938 Packard Posted September 9, 2017 Posted September 9, 2017 When a raffle is supervised and audited by the state government, why it legal for non profit organizations and illegal for anybody trying to turn a buck?
nameraka Posted September 9, 2017 Posted September 9, 2017 i'd rather talk about ruffles. love me some ruffles. sour cream...
1938 Packard Posted September 9, 2017 Author Posted September 9, 2017 i'd rather talk about ruffles. love me some ruffles. sour cream... Ruffles have ridges. So, Raffle the Ruffles with truffles. That'll ruffle a few feathers.
1938 Packard Posted September 9, 2017 Author Posted September 9, 2017 you're a cute boy Waffles the Cat is way cuter.
katt_goddess Posted September 9, 2017 Posted September 9, 2017 Probably taxes. With a non-profit, all money made in a raffle is assumed to be going towards a particular cause and not in any one person's pocket. Since it's going out, it doesn't require being taxed because that would take money away from whatever the cause is. With a for profit type raffle, it's money going into someone's pocket where it will wait patiently until that person can get to the store and buy their chips, dips, beer, cigs and lotto tickets. That requires being taxed as it's technically income at that point even if it's only a one time event for that particular person. As most raffles consist of donated items, a raffle can be 100% profit given the proper venue. Non-profits tend to be registered as such and would be known to the community they are raffling in / for. Individuals aren't registered and neither the quality of the items for raffle nor the raffle itself can necessarily be vouched for.
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