Can you run a lottery for profit?

Is it illegal to run your own lottery?

You must first obtain an Operator Licence, which grants you in-principle approval to conduct a public lottery. You must then obtain a Product Licence for any particular public lottery you intend to conduct. You may not obtain a Product Licence without first obtaining an Operator Licence.

Is it legal to run a raffle on Facebook?

You may have seen lotteries or raffles being promoted on social media such as Facebook, but this doesn’t mean that they are being ran legally. … It is illegal to offer a lottery without the correct licence or legal permission, even where it is intended to raise funds for a good cause.

Can I run a raffle for personal gain?

A lot of raffles will not be suitable for people to use if they’re trying to turn a profit. … Lotteries, and therefore raffles, can only be run in order to make money for good causes and not for private gain.

Can you run a lottery for profit?

You can’t make a profit from running a customer lottery.

All the money you raise must either be used to pay for prizes, or used to cover costs of running the lottery.

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Do you need a Licence to run a prize draw?

Participating in a competition to win a prize is not gambling unless it falls within the definition of “gaming”, “betting” or “participating in a lottery”. If you can avoid your competition falling into these legal definitions, you can run it without the need for a licence.

How do you run a raffle on Facebook?

You can’t create a promotion or raffle on a personal Facebook Timeline, so you‘ll need to create an official Page on Facebook. Also, you’ll have to write a disclaimer that explains that Facebook is not associated with the promotion.

How do I start a raffle business on Facebook?

How to run a Facebook competition

  1. Write the instructions. Decide on the prize and use the word WIN! or GIVEAWAY! to draw attention to your post. …
  2. Create a graphic. …
  3. Write Terms & Conditions. …
  4. Share your Facebook promotion. …
  5. Choose and contact the winner. …
  6. Tell people who won!

Are private raffles legal?

In California, only nonprofit organizations can legally conduct raffles. Before holding a raffle, you must file a raffle registration form. … 90% of what the raffle takes in must be given to the nonprofit. Only 10% can be paid out in prizes.

Is it illegal to hold a raffle for profit?

As a general rule, no permit is required in NSW for raffles or lotteries run by non-profit or charitable organisations, where the total prize value does not exceed $30,000. … If you want to run a raffle or lottery for profit or if the prize pool exceeds $30,000, then a permit is required and more restrictive rules apply.

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Can I run a raffle for profit UK?

In Great Britain, the law only allows for the promotion of lotteries for charities or to benefit other ‘good causes’. Thus, you cannot promote a lottery for commercial profit or for private gain.