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teen club uses raffles to raise money

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A

asmoreno

Guest
6 young men and women in nyc, ny want to start a club. we were thinking of doing raffles on a regular basis in order to cover the costs of the club. the club will be about helping other young men and women start their own business. eventually, when we raise enough capital, we are going to incorporate and make it non-profit. is this a legal way of raising capital?
 



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