Some quick facts on NSW regulations
A raffle is a lottery where the total value of prizes does not exceed $25,000. Its objective is to raise funds for a non-profit organisation
- No permit is required
- Total retail value maximum of $25,000
- Spending money with a travel prizecapped at 20% of the value of the prize
- Tickets must be numbered consecutively
- Expenses (including prizes) capped at 60% of the gross proceeds.
- If the total value of the prizes exceeds $5,000, organisers must publish a list of prize-winners in a newspaper within 7 days of the draw.
The pdf shows the quick facts for NSW raffles.
Art Union Raffles
- Permit is required from the NSW Office of Liquor, Gaming and Racing. Click to view form.
- Total retail value greater than $25,000
- The benefiting organisation must achieve a 30% profit.
- Need to set a maximum number of tickets to be sold.
- Records should retained for 3 months and unsold tickets kept for 3 years.
The pdf shows the quick facts for NSW Art Union.
NSW Office of Liquor, Gaming and Racing . There are regulations for raffles with total prizes under $25,000 and Art Union Raffles for total value of prizes over $25,000.