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Laws on UK Car Lottery

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reidy3000 | 14:00 Wed 25th Sep 2002 | How it Works
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I have a 1 month old car which I would like to sell. I obviously want as much as I can get for it. Is it legal for me to create a lottery for my car? If it is legal, what are the pitfalls?
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Since the lottery you're describing is no different from an everyday raffle, then I can't imagine why it wouldn't be?
I seem to remember someone tried this with their house then due to some legal problem had to cancel it and refund the money.
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Laws on UK Car Lottery

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