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The Nonprofit FAQ: Gambling

Select an FAQ   (3):

How does the IRS treat nonprofits' gambling revenues?
Many nonprofits rely on gambling activities to bring in much-needed revenue. IRS publication 3079 covers related taxes and other issues in detail.
Is the cost of a raffle ticket deductible?
Purchasing a 'chance' to win something does not count as a charitable deduction.
Should we conduct a raffle?
There are a lot of hoops to jump through.