
Michigan Raffle License Application 2006-2025 Form


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People also ask michigan gaming overnight
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What is the difference between a raffle and a random drawing?
People usually buy raffle tickets. Drawings, on the other hand, are entry-based: you could have a limit of one entry per person or have rewards of entries based on a variety of things (how many times you attend a meeting, how much money you raised in a fundraiser, etc.).
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Do I need a license to have a raffle in Michigan?
If your organization would like to hold a raffle, a 50-50 drawing, or a drawing for a door prize, each of these events requires a raffle license.” See State of Michigan Lottery Charitable Gaming https://.michigan.gov/cg/0,9673,7-403-95973—,00. html (you can download the Raffle Guide and Raffle FAQs from there).
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What is the rule 506 in Michigan raffle?
Rule 506. (1) All raffle tickets, except those used for in-house raffles, shall contain at a minimum the following information printed in a clear and legible manner: (a) The name of the licensee. (b) The license number. (c) The word "raffle." (d) The date, time, and location of the drawing.
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How much can you win in a raffle without paying taxes?
Withholding Tax on Raffle Prizes Regular Gambling Withholding: An organization that pays raffle prizes must withhold 25% from the winnings and report this amount to the IRS on Form W-2G. This regular gambling withholding applies to winnings of more than $5,000.
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How much does a raffle license cost in Michigan?
How much is a Michigan raffle license? Apply for a Raffle For drawing dates awarding no more than $500 in prizes, the cost is $15 for up to three drawing dates and $5 for every additional date. To be able to award an unlimited amount in prizes, the license will cost $50 per drawing date.
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What is the legal difference between a raffle and a drawing?
Use of the term "raffle" is acceptable when tickets are randomly distributed and there is no financial donation connected with the allocation of tickets. For events such as a Night, the term "drawing" must be used instead of the term "raffle".
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Can I sell raffle tickets online in Michigan?
You MAY NOT: Use the internet to sell raffle tickets or conduct a survey. Sell raffle tickets over the phone to persons outside of Michigan.
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Do I need a license to hold a raffle in Michigan?
Even a 50/50 requires a license. There are three raffle license types, small, large, and combination (large and small on one license). Charity game tickets can be sold under a large raffle license during the hours on the license.
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