RAFFLE MY HOUSE

New Jersey, like most other states, prohibits anyone or any company except a nonprofit or an approved exemption from conducting a house raffle.  If you are thinking of conducting a house raffle to unload your house you have to work with a nonprofit organization and transfer ownership of the house to them.  The nonprofit can then raffle off your house, and you'll get a tax deduction - not cash.

Nonprofit, tax-exempt entities typically are churches, schools, civic organizations, or related support groups; and nonprofit organizations qualified under Section 501(c) of the Internal Revenue Code.