if you want to have a raffle is it legal in state New Mexico
No it isint.
If you get a Gambling license then it is legal to hold a raffle. Wish i knew where to get that but cant help you there.
No it's not. So if you have any plan there don't intend to pursue it.
Yes, you can do an online raffle for a charitable trust as long as it doesn't involve gambling. Games of chance, just like in real life are acceptable. Charities do raffles all the time.
What if total of 50 raffle tickets are sold for a contest to win a car If you purchase one ticket what are your odds against winning? 49 to 1
The French word for raffle is tombola.
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If you don't return the money, most definitely. And there are likely to be penalties for running an illegal raffle.
Pope Paul VI gifted Mother Teresa with the car he used on his visit to Bombay in 1964 but she used it as a prize in a raffle.
It depends on what type of raffle you are holding. If you are holding a small raffle only with family and friends you usually don't need a licence. But if you are holding a big raffle with your community you will usually need a licence.
In North Carolina, real property may be offered as the prize in a raffle. The maximum appraised value of real property that may be offered for any one raffle is five hundred thousand dollars. The total of all real property offered as a prize by one organization may not exceed five hundred thousand dollars in one calendar year.