Harley Davidson Motorcycle Raffles - Profitable Annual Fundraisers for Schools and Charities

Holding a fundraising raffle for a Harley-Davidsonconsidered gambling and you will have to register and
motorcycle can be a very effective way for afollow strict guidelines and reporting procedures.
nonprofit organization, school, or charity to raise aYou also need to find out if your organization's
large amount of money. In fact, many organizationsby-laws allow raffles and decide if a raffle is
across the United States hold an annualappropriate for your organization. Some organizations
Harley-Davidson raffle and raise as much as $50,000would not consider a raffle an appropriate way to
each year.raise funds. In some states school children are not
There are several advantages to holding a raffle withallowed to sell raffle tickets.
a grand prize such as a motorcycle. For one thing,There will be expenses associated with the raffle.
you do not have to sell a large amount of ticketsYou will need to print tickets and buy advertising.
because the cost per ticket can range from $20 toThere may also be taxes and accounting and legal
$100 per ticket. This means that the odds of winningfees.
are attractive to purchasers.Along with the grand prize of the motorcycle it is
If you sell 2,500 tickets at $50.00 a piece you willalways a good idea to have other smaller prizes. This
bring in $50,000. Even if you have to purchase thehelps sell tickets. The prizes can be cash prizes in
Harley for $15,000, after your other overheadamounts such as $100 to $500 or items associated
expenses, such as ticket printing and advertising, youwith Harleys such as a motorcycle jacket, helmet or
could still earn close to $35,000 with oneleather chaps.
Harley-Davidson raffle.The best way to acquire the prizes is, of course, to
Raffle tickets can be sold over a period of severalhave them donated. However, your organization can
months in places such as Costco, shopping malls, andalso buy the prizes. If you are purchasing the
the local Harley-Davidson shop. If you can display themotorcycle after the drawing, then you can offer
motorcycle that will help ticket sales. If it is legal inthe winner the option of accepting the prize or the
your state you may be able to sell the tickets bycash equivalent of the motorcycle. The prize winner
mail or over the internet from your website.is always responsible for paying the taxes and any
When you are considering any kind of raffle you firstfees associated with accepting the prize. Again, this
need to check with your State Attorney General'sall has to be within the laws of your state.
office to find out what the laws are regarding rafflesIf you are thinking of having a raffle for your next
in your state. You should also check with your localfundraiser I suggest you consider a Harley-Davidson
city government. In some states raffles areraffle.