Organizing a lottery and other games of chance is an age-old tradition that dates back to the ancient world. In the Old Testament, Moses is instructed to divide the land among Israel’s people by lot. The ancient Romans also held lotteries to distribute slaves and property. These games were popular forms of entertainment and raised money, and they were referred to as “apophoreta,” which means “that which is carried home.”
Raising property through lottery is a great way to get rid of a large tax bill or reduce it. Right now, around 20 properties are being raffled off across the UK. It may seem like a strange way to make money, but the benefits are significant. Raffle tickets cost less than a few hundred dollars.