Black's Law Dictionary (2nd edition)dictionaries

Raffle

A kind of lottery in which several persons pay, in shares, the value of something put up as a stake, and then deter-mine by chance (as by casting dice) which one of them shall become the sole possessor of lt. webster; Prendergast v. State, 41 Tex. Cr. R. 358, 57 S. W. 850; State v. Ken-non, 21 Mo. 264; People v. American Art Union, 7 N. Y. 241

Source: Black's Law Dictionary 2nd Ed (1910)