Meaning of the word raffle in English

What does raffle mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

raffle

US /ˈræf.əl/
UK /ˈræf.əl/

Noun

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:

Example:
a raffle ticket/prize

Verb

to offer something as a prize in a raffle:

Example:
We are going to raffle off a car for the hospital fundraiser.