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I'm pretty sure there are legal complications to a private party raffling off a used item for profit. About a year ago a buddy of mine was trying to raffle off his used matco tool box(the same way that you are with x amount of tickets at y$ per ticket) I'm pretty sure the raffle ended not a day after he posted it with him claiming that he was informed that it was illegal. Which sucked because I was trying to buy a ticket. I'm not saying that it is or not, but I'd suggest you do some digging around and see if there are indeed laws against it.
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Casey Meyer
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