(1) A raffle may not be conducted in this state unless any winner in the raffle is determined by a drawing with all tickets or calendars having an equal opportunity to win. (2) Except as provided under sub. (3), a qualified organiza- tion under s. 563.907 may not conduct a raffle unless it first receives a license under s. 563.92. (3) A qualified organization under s. 563.907 that has not received a license under s. 563.92 may conduct a raffle if all of the following apply: (a) The raffle tickets are offered for sale only to members of the qualified organization. (b) The prize is a cash award equal to one-half of the ticket proceeds, rounded up to the nearest whole dollar. (c) The prize does not exceed $500. (d) The qualified organization complies with the requirements of s. 563.935 and all other applicable requirements of this subchapter.
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