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Is a silent auction a lottery

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  • September 1, 2017 at 4:42 pm EDT #11674
    kmeade
    Participant

    Is a silent auction (people make bids and the highest bid wins) considered a lottery?

    September 2, 2017 at 2:23 pm EDT #11675
    rcooper
    Member

    A silent auction would not be a lottery since there is no requirement to advance thing of value (money, opening account, etc.) for a chance to win.

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