For the past few days I have been daydreaming about competing in a multi-day Adventure Race. Such things can cost almost $1000 per person, so I was thinking about fundraiser ideas in the unlikely event I ever do compete in one.
I was reading about 50/50 raffles online. I read that you need a permit to hold a raffle. I know that hunting clubs in my area have raffles from time to time. I never knew that they had to get a permit to hold them (and being as some of them are little more than beer clubs, I doubt they actually have permits). One site said that you need to be a charity or a public service group to hold a raffle. And another site said that you need to donate %70 of the profit to a charity.
So in short, would a team of 4 people be able to hold a 50/50 raffle? Or would the red tape make it not worth the effort? Is it even an issue for a small group to hold one?