We are a non-profit company. Can we start a lottery?

Question

And profit goes for our core charity purpose. And we do cash payout?

Answer 1

Churches run bingo parlors all the time > you just need to get special license from the state.

You can structure the payout however you wish >> my favorite one was from Publisher's  Clearing House > you'd win $10 million I believe, but it was paid out at a ¼ million a year.  It would take 40 years to collect the entire amount.

Of course, I'd never turn down $250,000 dollars a year.