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Holding a fundraising raffle for a Harley-Davidson motorcycle may be a very efficient way for a nonprofit organization, school, or charity to raise a huge amount of dollars. In reality, several organizations across the United States hold an yearly Harley-Davidson raffle and raise while significantly while doable each year. Occasionally people will request Harley decals for being involved.

You will find quite a few advantages to holding a raffle with a grand prize this sort of while a motorcycle. For one thing, people does not should market a huge amount of tickets because the cost per ticket can range from low to high per ticket. This means that the odds of winning are attractive to purchasers.

If people market alot of tickets people will bring in alot of charity dollars. Even if people should purchase the Harley, soon after your other overhead expenses, this sort of while ticket printing and advertising, people could nevertheless earn significantly dollars with one Harley-Davidson raffle. Maybe people could request Harley Davidson emblem.

Raffle tickets may be sold over a period of quite a few months in places this sort of while Costco, shopping malls, and also the local Harley-Davidson shop. If people can display the motorcycle that will aid ticket sales. If it can be legal in your state people might be able to market the tickets by mail or over the web from your website.

When people are considering any sort of raffle people initial really should take a look at with your State Attorney General’s office to see out what the laws are with regard to raffles in your state. A person need to in addition take a look at with your local city govt. In some states raffles are considered gambling so you will should register and follow strict guidelines and reporting procedures.

A person in addition really should see out if your organization’s by-laws allow raffles and decide if a raffle is suitable for your organization. A lot of organizations would not necessarily consider a raffle an suitable approach to raise funds. In some states school teens aren’t permitted to market raffle tickets.

There can be expenses connected with all the raffle. A person will really should print tickets and obtain advertising. There could possibly in addition be taxes and accounting and legal fees.See any Harley sticker while well.

Along with all the grand prize of this motorcycle it can be generally a good option to have other smaller prizes. This helps market tickets. The prizes may be cash prizes in amounts this sort of while $100 to $500 or items connected with Harleys this sort of while a motorcycle jacket, helmet or leather chaps.

The greatest approach to obtain the prizes is, of course, to have them donated. Yet, your organization can in addition obtain the prizes. If people are purchasing the motorcycle soon after the drawing, and then people can provide the winner the solution of accepting the prize or the cash equivalent of this motorcycle. The prize winner is generally accountable for paying the taxes and any fees connected with accepting the prize. Yet again, this all has to be within the laws of your state. If people are thinking of having a raffle for your subsequent fundraiser I suggest people consider a Harley-Davidson raffle.

Filed under: Fun Stuff on August 16th, 2010