Raffle Guidelines

When a parish or school is considering whether or not to sponsor a raffle, there are a number of issues to be considered. The information summarized here is a starting point in helping you determine whether or not the work involved with sponsoring a raffle is worth the effort. In short, raffles are a form of gambling in Georgia and as a result, there are a number of guidelines. One key component is making sure that the winner of a raffle recognizes and deals with the IRS, pays taxes on the raffled item, and the sponsoring organization (parish or school) files a 1096 form with the IRS to report the prize awarded as taxable income to the winner.