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Raffle insurance

raffle insurance

What are the rules for raffling a personal vehicle?
Shirley Bohatch, sarver, PA, ticket #252, all 1,000 available tickets sold.
You should give each volunteer a number of tickets that they are responsible for selling.Ideally, you want to make twice what the car is worth.You may also have to file a W-2G with the IRS if the value of the car was 300 times the price of the raffle ticket.17 5 Withhold taxes on the car.16 Check with your attorney for legal requirements.Once you have met with an attorney, you can bath and body works in store better assess whether you want to go ahead with the raffle.Drawn 07/13/ Admiral Blue Grand Sport Robert Adams Denver, CO Ticket #0611 All 1,000 available tickets sold.Create large, colorful signs to draw peoples interest to your table.Youll want to give yourself enough time to sell a large number of tickets.Each prize will be awarded to the individual named on the winning ticket.Part 2 Selling Tickets 1, set up a timeline.
Vacations will be awarded as a travel credit.Drawn 1/28/ Shark Gray Stingray Corvette Coupe Raffle Mark Hoffman San Rafael, CA Ticket #494 All 1,000 available tickets sold.2 Invite the news media.12 As you approach the deadline, you can redistribute the tickets so that your best volunteers can sell more.4, this way, more than one person is a winner at the raffle.If you limit them, you can drum up more interest in your raffle.Buy with your own funds.