Raffle Baffle

[Noe Guzman]

I read an interesting article http://www.washingtonpost.com/wp-dyn/content/article/2008/11/16/AR2008111601426.html today. Kind of seemed like a very creative way to move a property. The article told of an Annapolis, MD couple that is raffling off their vacation home before they lose it due to an outrageous payment. However, they had to do it through a charity because Maryland law only allows charities to raffle off a house. At $50 per ticket, hmm.

So I got to thinking ... can I do this in California? Do I need to go through a charitable organization? How much would the average reasonable person pay for a raffle ticket to get a free and clear house in California?

Your thoughts?