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raffle

noun [C]
 
 
/ˈræf.l̩/

Definition

an activity in which people buy tickets with different numbers, some of which are later chosen to win prizes, that is organized in order to make money for a good social purpose: a raffle ticket/prize I have never won anything in a raffle.Gambling and bookmakingTaking risks
(Definition of raffle noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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