Other forms: raffled; raffling
A raffle is a type of contest in which you buy a ticket for a chance to win a prize. After the tickets are sold, a drawing determines which ticket holds the winning number. People raffle off everything from fruit baskets to cars.
You might enter a raffle at a school gathering, a fair, or another event. The proceeds from selling raffle tickets often go toward a good cause, like a charity. When a group holds a raffle, you can also say that they raffle the prizes off — your French club might raffle off a bicycle to raise money for your trip to Montreal, for example. A raffle was originally "a dice game."