PTA Raffle Prizes FAQs

FAQs to Consider when Planning PTA Raffles

Raffles are some of the ways that PTAs use to raise money for different school needs. These events take significant planning. Besides deciding the PTA raffle prizes to include, how many tickets to print and how much to spend, you must factor in the legalities of the event.

What is allowed and what is prohibited for a PTA raffle? The Gambling Act 2005 covers raffles in its provisions, so it’s crucial that PTAs know a few things.

Do You Need a License for Your Raffle?

A license applies to a specific money bracket. You require a licence if the collected funds exceed £20,000. The same applies if you hold several raffles that make more than £250,000 annually. Raffles held at school fêtes are called incidental non-commercial lotteries, and they don’t require licences. This term also covers raffles where tickets sales happen during the event. This type of event has to adhere to certain rules, though. For one, you cannot deduct more than £500 for prizes or more than £100 for expenses. Donated prizes are allowed.

Do You Have to be a Charity to Hold a Raffle?

No. Being a registered Charity is not a requirement to run a PTA raffle. The proceeds from the raffle can, however, not be used for commercial or private gain.

Is There a Tax Relief for Raffles?

Whether or not you get tax relief depends on the method of donation. When you give the funds from a raffle as a personal donation, then a tax relief applies under the Gift Aid scheme. However, if you benefit from the raffle, for instance, by winning a prize, then the donation doesn’t attract tax relief.

Do the Tickets Need Specific Information?

An incidental lottery doesn’t have regulations for the details that you can put on raffle tickets. However, if you sell the tickets in advance (small society lottery), certain information is necessary, and that includes name of the promoting society and organiser, purpose of the lottery, date of the draw, address of the organiser and ticket price.

These FAQs about PTA Raffles will help you find out about common mistakes that some organisers make when planning such events. For PTA raffle prizes, Novelty Imports is one of the reliable wholesale suppliers that you can turn to in Staffordshire, UK. We have an impressive range of event novelties that you can get for your PTA raffle. If you want special novelties to donate to your raffle, Novelty Imports have a broad selection. We also have fundraising solutions for schools and charities.