View Full Version : Bike Raffle - Win a Pegoretti Love#3
argylesocks 11-14-2006, 07:06 AM not sure if this is the correct forum for this... forgive me if its not...
Our team is raffling off a new Pegoretti Love#3 complete bike. Check the details here:
Free Win a Pegoretti Love#3 !!!! (http://www.bikereg.com/events/register.asp?eventid=4011)
thanks!
as interested as I am in the whole deal, I have to ask --
are you sure that you can do this? aren't there laws about running a raffle, and does this follow the law?
JayTee 11-14-2006, 08:35 AM Good call, Bill. They are illegal lots of places (including here) and in other places just require permits. I'm doubting they can be advertised across state lines under any circumstance.
argylesocks 11-14-2006, 08:40 AM Good call, Bill. They are illegal lots of places (including here) and in other places just require permits. I'm doubting they can be advertised across state lines under any circumstance.
i left it up to the "smart" people to take care of that... if i recall, in mass, you dont need a permit if the prize is less than $10k.
when you say "here" do you mean the state you live in, or do you mean this site? if its a problem, ill delete the post...
DaveT 11-14-2006, 03:26 PM Good call, Bill. They are illegal lots of places (including here) and in other places just require permits. I'm doubting they can be advertised across state lines under any circumstance.
Of course they can. There are raffles for cars and motorcycles usually every month in Road&Track, Car and Driver and other national publications. The raffle has to follow the laws of the state it's being held in.
Of course they can. There are raffles for cars and motorcycles usually every month in Road&Track, Car and Driver and other national publications. The raffle has to follow the laws of the state it's being held in.
If I'm not mistaken, and I very well may be, you could sell raffles as a non-profit, 501(c)(3), but otherwise you can do drawings, for which a purchase is not necessary.
I have never looked into it. that was always my impression, though.
Like, I don't think that I could set up a little stand in front of my house and sell tickets to win my car. I just don't think I could do that. I'm having a little trouble seeing where this is different.
terry b 11-14-2006, 07:33 PM If I'm not mistaken, and I very well may be, you could sell raffles as a non-profit, 501(c)(3), but otherwise you can do drawings, for which a purchase is not necessary.
I have never looked into it. that was always my impression, though.
Like, I don't think that I could set up a little stand in front of my house and sell tickets to win my car. I just don't think I could do that. I'm having a little trouble seeing where this is different.
Cycling clubs and teams and other non-profits are allowed to raffle gear within the guidelines of their state laws. It's a common way to raise operating expenses.
I won a Colnago C50 in a University of Arizona raffle. They used the money to take the team to Nationals. I paid taxes on the prize. It's pretty standard.
My wife uses a raffle every year to raise money for her horse club. Nothing nefarious going on here.
JayTee 11-14-2006, 07:49 PM Sorry, I meant "here" as in the state where I live.
I found this
http://www.gambling-law-us.com/Charitable-Gaming/Massachusetts/Massachusetts-Raffle.htm
the link to the regulations pertains only to raffles where the prize exceeds $10,000, although it appears that the general law governing raffles requires registration with the municipality -- that requirement doesn't seem limited to the over-$10K prize raffles.
Interesting.
terry b 11-15-2006, 06:40 AM I have to ask, why the heck do you even care?
I have to ask, why the heck do you even care?
because I was going to enter.
also I am a curious kind of guy.
tcruse11 11-15-2006, 07:11 AM I Just bought 4 tickets!!!!
terry b 11-15-2006, 02:21 PM because I was going to enter.
also I am a curious kind of guy.
I bought 5 tickets.
I think it's pretty much risk free. And at $5 a ticket, does it matter if Treasury Agents shut the whole thing down?
argylesocks 11-16-2006, 02:40 AM thanks guys!!
brianmcg 11-16-2006, 05:12 AM You should allow PayPal payment. You might get more people to buy tickest that way.
I bought 10. Anything for my pals, argylesocks and the jerk.
argylesocks 11-16-2006, 09:17 AM I bought 10. Anything for my pals, argylesocks and the jerk.
maybe if you win, you could melt it down, rebuild it, then badge it as a "Zankoretti"
see ya this weekend?
spookyload 11-16-2006, 09:32 AM Cycling clubs and teams and other non-profits are allowed to raffle gear within the guidelines of their state laws. It's a common way to raise operating expenses.
I won a Colnago C50 in a University of Arizona raffle. They used the money to take the team to Nationals. I paid taxes on the prize. It's pretty standard.
My wife uses a raffle every year to raise money for her horse club. Nothing nefarious going on here.
Once again it comes up. I had finally gotten over that windfall! :blush2:
I hate to be a tool, no matter how far I go in proving that I am, but are you all going to limit the number of tickets you sell?
maybe if you win, you could melt it down, rebuild it, then badge it as a "Zankoretti"
see ya this weekend?
Dude, if I win, I will cherish that bike forever.
Oh yeah, I'll see you at Plymouth and Lowell. I need more upgrade points!
brianmcg 11-17-2006, 04:04 AM Dude, if I win, I will cherish that bike forever.
If I win it I'm going to turn it into my beater and put a rack on it. :)
If I win it I'm going to turn it into my beater and put a rack on it. :)
I didn't say I wouldn't ride the piss out of it in the rain and snow. :)
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