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What does raffle mean?

Looking for the meaning or definition of the word raffle? Here's what it means.

Noun
  1. A drawing, often held as a fundraiser, in which tickets or chances are sold to win a prize.
  2. (obsolete) A game of dice in which the player who throws three of the same number wins all the stakes.
Verb
  1. (transitive) To award something by means of a raffle or random drawing, often used with off.
  2. (intransitive) To participate in a raffle.
Noun
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