(a) A qualified organization may conduct a reverse raffle as provided by this section.
(b) Notwithstanding Section 2002.056(a), a refund of the purchase price of a ticket may be awarded as a raffle prize in a
(c) Notwithstanding Section 2002.055(3), after the drawing of tickets in a reverse raffle has begun, the qualified organization
conducting the raffle may auction off additional tickets to persons who are present
at the drawing for a price other than the price printed on the ticket.
(d) After the drawing of tickets in a reverse raffle has begun, the qualified organization
may permit a ticket holder present at the drawing to resell the ticket to another
person present at the drawing for an amount greater than the original purchase price
of the ticket. The sale must be made through a designated representative of the organization, and
not less than 10 percent of the sale proceeds must be retained by the organization.
(e) Notwithstanding Section 2002.055(3), after the drawing of tickets in a reverse raffle has begun, the qualified organization
may permit the holder of a previously drawn ticket:
(1) to purchase additional chances for the ticket to be selected to win a prize; or
(2) to purchase additional tickets for the raffle.
(f) Only the portion of the proceeds from the resale of a ticket under Subsection
(d) retained by the organization are subject to Section 2002.053. All proceeds from the sale of additional chances for a ticket under Subsection
(e) are considered to be proceeds from the sale of the ticket for purposes of Section 2002.053.
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