Raffle

Part of speech: noun (n.)

1. A kind of lottery, in which several persons pay, in shares, the value of something put up as a stake, and then determine by chance (as by casting dice) which one of them shall become the sole possessor.

2. A game of dice in which he who threw three alike won all the stakes. [Obs.] Cotgrave.

Part of speech: verb (v.)

To engage in a raffle; as, to raffle for a watch.

Part of speech: verb (v.)

To dispose of by means of a raffle; -- often followed by off; as, to raffle off a horse.