Raffle licenses will only be issued to bona fide religious, charitable, labor, fraternal, educational or veterans' organizations that operate without profit to their members and which have been in existence continuously for a period of 5 years immediately before applying for such license.
The entire net proceeds of any raffle must be exclusively devoted to the lawful purposes of the organization permitted to conduct the raffle. No one may receive any profit for participating in the management or operation of the raffle.
No one under the age of 18 years may participate in the conduct of raffles or the selling of chances.
Retail Value of Prizes
The aggregate retail value of all prizes awarded in a single raffle should not exceed $250,000. The maximum price that may be charged for each raffle chance should not exceed $200. The maximum number of days during which chances may be issued or sold shall not exceed 6 months.
License applications for raffles where either the cost of a single chance is equal to or greater than $50.00, or the total value of all prizes awarded for a single raffle event is equal to or greater than $20,000.00, must be placed on an agenda for approval or denial by the Village Board. Raffles licenses for less than these dollar amounts may be approved or denied by the Business Office Manager.
Applications that require Village Board approval must be submitted to the Business Office by noon on the Tuesday prior to the next Village Board regular meeting.
Applications that may be approved by the Business Office Manager must be submitted no later than five business days in advance of the start date for selling chances.