Web: CutTheCash.com Email: getmoreinfo@cutthecash.com

By Equus Interactive

The turn key solution for your fund raising needs!

Web: CutTheCash.com • Email: getmoreinfo@cutthecash.com

Cut The Cash was created to help raise money to support local charities in our communities by utilizing a unique and fast turnaround environment

As active board members of local non-profit charities, we recognized a need to reinvent a fundraising platform to energize the participants while giving them a chance to be winners too!

The standard 50/50 raffle was only marginally successful in small crowds. In order to raise bigger audiences and generate larger jackpots, a foray into the greater public arena (i.e. sporting events, state fairs, etc) would require a more sophisticated set-up on mobile devices in order to be effective.

Cut the Cash – a RevolutionaRy solution to the standaRd 50/50 Raffle!

Cut the Cash allows participants to electronically purchase one or many tickets for a chance to win half the monies collected during each raffle period.

The other half of the monies collected will be distributed to a local 501(c)(3) charity. The administration fee is invisible to the participants as it is deducted from the total amount before the final amount is displayed or announced.

Cut the Cash will work closely with your charity to get ready for your raffle. Cut the Cash staff members will provide on-site training to the volunteers on the day of the raffle as well as monitor any technological challenges that may arise throughout the event.

The raffle is designed with the customer in mind making it easy and convenient for the customers to purchase multiple tickets quickly and seamlessly. The system’s portability makes it easier for the sellers to move amongst the crowd to reach a larger participant base and generate more sales.

After ticket sales are complete, Cut the Cash automates the winning ticket number, which is instantly available to announce over the venue’s public notification network, the charity and venue’s website, and the Cut the Cash website.

Why Choose Cut the Cash?

• Cut the Cash sets itself apart in the marketplace with a totally self-supporting interface that is not reliant on the venue’s internet or wifi.

• Cut the Cash is completely portable and self-contained.

• Cut the Cash beats the competition hands-down when it comes to pricing while still giving a percentage back to the community!

• Cut the Cash boasts secure mobile technology that eliminates human error and the possibility of fraud, thereby putting more revenue directly into the hands of the charitable organizations.

Web: CutTheCash.com • Email: getmoreinfo@cutthecash.com

What is inCluded With a Cut the Cash Raffle?

• Mobile tablets

• Mobile printers

• Money aprons

• Entrance banner advertising the event

• Web banners

• Custom developed software to administer the on site 50/50 raffle

• Volunteer training

• Handouts

• Complete reporting – Cut the Cash will deliver a comprehensive report of all tickets sold along with monetary tracking.

• Accountability - tablets are configured to report on how many tickets were sold.

• Motivation! Cut the Cash software allows you to track sales per tablet allowing you to offer incentives to the volunteers who sell the most!

The crowd’s interest in participating in the raffle increases as the jackpot starts to grow!

Web: CutTheCash.com • Email: getmoreinfo@cutthecash.com

PRess Release - Cut the Cash debuts With immediate suCCess

With a huge turnout assured at Tampa Bay Downs on May 3, 2014 for the simulcast of the 140th Kentucky Derby, conducting a 50/50 raffle to raise money for TROT (Thoroughbred Retirement of Tampa, Inc.) seemed like a no-brainer.

Finding a way to ensure maximum customer participation on short notice, though, required creative solutions.

Track officials sought to imitate charity raffles at other major league sporting events, which employ technological know-how and advanced computer software designed to make the ticket-buying experience convenient and welcoming for donors.

The major challenge was integrating the raffle into Tampa Bay Downs’ system in a way that would allow real-time updates of the amount in the prize pot via the infield big screen and TV monitors, thus encouraging customers to buy more tickets and increase the donation to TROT.

Luckily, track officials didn’t have far to look for an answer. They called EQUUS Interactive, which had provided the programming structure for the track’s inaugural online “Live It Up Challenge” handicapping contest that ran from Feb. 1-April 5.

“We knew if anyone was capable of developing a program in less than two weeks that would bring maximum on-track exposure to our raffle benefiting TROT, it was EQUUS,” said Margo Flynn, Vice President of Marketing & Publicity at Tampa Bay Downs.

The EQUUS team jumped in enthusiastically, excited at the prospect of helping TROT, a nonprofit organization dedicated to the safe retirement, rehabilitation, retraining and re-homing of Tampa’s racing Thoroughbreds.

As TROT board members and volunteers sold electronically-printed raffle tickets via hand-held devices, track officials, as well as patrons, were able to monitor the increase in the size of the pot throughout the afternoon.

The EQUUS team was thrilled to be able to contribute their technological expertise for such a worthwhile cause as TROT, and although it is impossible to quantify how much additional money was raised by conducting an electronic raffle, everybody sensed the electricity throughout the track every time an update was displayed.

Tampa Bay Downs looks forward to its next partnership with EQUUS Interactive, whether it is a new handicapping challenge next season or an equally exciting venture. “We are grateful to the team for making the TROT 50-50 raffle such a resounding success, and it is comforting to know we can turn to them again,” Flynn said.

To learn more about how EQUUS Interactive can help your equine-related business, visit us online at EquusInteractive.com or cutthecash.com.

This was a “no-brainer” and it’s a wonder why no one has thought of this quick, easy fundraising method before, it provides instant cash for the charity without weeks of planning – and it’s fun to boot!

- Bud Wallace, Thoroughbred Horse Owner

50/50 Raffles are making news in sporting arenas across the country - the latest in USA Today, 5/29/14

Can i hold a 50/50 Raffle in my state?

50/50 raffles are legal in the majority of the United States provided that the raffle is operated by a 501(c)(3) charity. Below is the list of regulations and statutes state by state.

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Location Legal?Registration or

License Required?Governing Laws Internet Resource

Alabama No n/a Ala. Code § 13A-12-20http://codes.lp.findlaw.com/alcode/13A/12/2/1/13A-12-20

Alaska Yes Yes Alaska Stat. 05.15.010http://www.tax.alaska.gov/programs/programs/index.aspx?54160

Arizona Yes Yes, in some cases Ariz. Rev. Stat § 13-331 http://www.azleg.gov/ArizonaRevisedStatutes.asp

Arkansas Yes No Arkansas Code,§ 23-114-101, et seq.http://www.gambling-law-us.com/Charitable-Gaming/Arkansas/index.htm

California Yes Yes Cal. Penal Code § 320.5; Cal. Code Regs. tit 11, §§ 410-426 http://oag.ca.gov/charities/raffles

Colorado Yes Yes Colo. Rev. Stat. § 12-9-101, et seq.http://www.sos.state.co.us/pubs/bingo_raffles/bingo-Forms.html

Connecticut Yes Yes Conn. Gen. Stat. §§ 7-170 to 7-186http://www.ct.gov/dcp/lib/dcp/pdf/gaming/opera-tion_bazaars_raffles.pdf

Delaware Yes Yes 10-100-102 Del. Code Regs. http://dpr.delaware.gov/boards/gaming/raffle.shtml

Florida Yes1 Yes Fla. Stat. § 849.0935 http://archive.flsenate.gov/Statutes/index.cfm

Georgia YesYes, see county sheriff

Ga. Code Ann. § 16-12-22http://law.justia.com/codes/georgia/2006/16/16-12-22.1.html

Hawaii No2 n/a Haw. Rev. Stat. § 712-1220http://www.gaminglawmasters.com/summary/Ha-waii/12.%20Update%202009/HAWAII.pdf

Idaho Yes Yes Idaho Code Ann. § 67-77http://legislature.idaho.gov/idstat/Title67/T67CH-77SECT67-7711.htm

Illinois Yes Yes 230 Ill. Comp. Stat. 15/8.1http://www.elections.state.il.us/campaigndisclosure/rafflesact.aspx

Indiana Yes Yes 68 Ind. Admin. Code 21-1-01 through 21-7-14

Iowa Yes Yes Iowa Code § 99B.6 https://dia.iowa.gov/scg/

Kansas No n/a Kan. Stat. Ann. § 21-4302http://kansasstatutes.lesterama.org/Chapter_21/Ar-ticle_43/21-4302.html

Kentucky Yes Yes Ky. Rev. Stat. Ann. § 239.500-570,995

Louisiana Yes Yes and No La. Rev. Stat. Ann. §§ 4:701-740; § 27-402

Maine Yes Yes Me. Rev. Stat. Ann. tit. 17 § 331http://mainelegislature.org/legis/statutes/17/title-17sec331.html

Maryland Yes Yes, Varies by county Md. Code Title 13 Gaming http://www.sos.state.md.us/Charity/CharityHome.aspx

Massachusetts Yes Yes Mass. Gen. Laws ch. 271 § 7Ahttps://malegislature.gov/Laws/GeneralLaws/PartIV/TitleI/Chapter271/Section7a

Michigan Yes Yes Mich. Comp. Laws § 432.101 et seq.http://www.gambling-law-us.com/Charitable-Gaming/Minnesota/

Minnesota Yes No3 Minn. Stat. §§ 349.11 to 349.23 http://www.lexisnexis.com/hottopics/mscode/

Mississippi Yes No Miss. Code Ann. § 97-33-50 et seq.http://www.moga.mo.gov/statutes/chapters/chap313.htm

Missouri Yes4 Yes Mo. Rev. Stat. §§ 313.005 to 313.080 https://doj.mt.gov/gaming/gambling-licenses-permits/

Montana Yes YesMont. Code Ann. § 23-5-413; Mont. Admin. R. § 23-16-2602

http://uniweb.legislature.ne.gov/laws/statutes.php?statute=9-1,101

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Nebraska Yes Yes Neb. Rev. Stat.§ 9-1,101 et seq. http://www.leg.state.nv.us/nrs/NRS-462.html

Nevada Yes Yes Nev. Rev. Stat. §§ 462-064; 462-130 to 462-200http://law.justia.com/codes/new-hampshire/2006/nhtoc-xxiv/nhtoc-xxiv-287-a.html

New Hampshire Yes Yes N.H. Rev. Stat. Ann. §§ 287-A:1 to 287-A:11http://law.justia.com/codes/new-hampshire/2006/nhtoc-xxiv/nhtoc-xxiv-287-a.html

New Jersey Yes Yes N.J. Rev. Stat. Ann. §§ 5:8-50 to 5:8- http://www.state.nj.us/lps/ca/lgccc/lgc_bingo.htm

New Mexico Yes Yes N.M. Stat. Ann.§§ 60-2F-1 to 60-2F-26http://www.nmgcb.org/info/gambling_overview/gam-bling_review.htm

New York Yes Yes N.Y. Rac. Wag. Law §§ 185 to 195rhttp://www.gambling-law-us.com/Charitable-Gaming/New-York/Games-Chance.htm

North Carolina Yes5 No N.C. Gen. Stat.§ 14-309.15; § 105-130.11 et seq.http://www.ncga.state.nc.us/enactedlegislation/statutes/html/bysection/chapter_14/gs_14-309.15.html

North Dakota Yes Yes N. D. Cent. Code§ 53-06.1 http://www.ag.nd.gov/gaming/SETBGameLawRules.pdf

Ohio Yes6 No Oh. Rev. Code. Ann. § 2915.092 http://codes.ohio.gov/orc/2915.092

Oklahoma Yes7 Yes Okla. Stat. tit. 3A, §§ 401 to 427 http://govinfo.library.unt.edu/ngisc/reports/ok.pdf

Oregon Yes YesOr. Rev. Stat. §§ 464-250 to -995 and Or. Admin. R. 137-025-0020 to -0310

http://licenseinfo.oregon.gov/index.cfm?fuseaction=license_seng&link_item_id=14519

Pennsylvania Yes Yes 10 Pa. Code §§ 311 to 327http://www.pacode.com/secure/data/061/chapter901/chap901toc.html

Rhode Island Yes Yes R.I. Gen. Laws §§ 11-19-1 et seq.; 41-3-1 et seq. http://govinfo.library.unt.edu/ngisc/reports/ri.pdf

South Carolina No n/a S.C. Code Ann. §16-19-10 et seq. http://www.scstatehouse.gov/code/t16c019.php

South Dakota Yes Yes S.D. Const. § 25;S.D. Codified Laws § 22-25-23 et seq. http://legis.sd.gov/

Tennessee Yes8 Yes Tenn. Code Ann.§ 3-17-101 et seq.http://www.tennessee.gov/sos/charity/gaming/gam-ing_faq.htm#2

Texas Yes Yes Tex. Occ. Code Ann. § 2002http://www.statutes.legis.state.tx.us/Docs/OC/htm/OC.2002.htm

Utah No n/a Utah Const. Art. 4, Sec. 27 http://govinfo.library.unt.edu/ngisc/reports/ut.pdf

Vermont Yes No Vt. Stat. Ann. tit. 13 § 2143http://www.leg.state.vt.us/statutes/fullsection.cfm?Title=13&Chapter=051&Section=02143

Virginia Yes No9 Va. Code Ann. §§ 15.2-912.2; 18.2-334.2; 18.2-340-16 et seq.

Washington Yes No Wash. Rev. Code. Ann. § 9.46.0311http://apps.leg.wa.gov/rcw/default.aspx?cite=9.46.0311

Washington, D.C. Yes Yes D.C. Mun. Regs. tit. 30, § 1500 et seq.http://www.dcregs.org/Gateway/ChapterHome.aspx?ChapterNumber=30-15

West Virginia Yes10 No11 W. Va. Code R. § 47-21-1 et seq.http://www.legis.state.wv.us/WVCODE/ChapterEntire.cfm?chap=47&art=21

Wisconsin Yes Yes Wis. Stat. Ann. § 563-90 et seq.http://www.wipfli.com/PressRoom_HC_InfoReporting-Guidelines_TaxExempt_2012.aspx

Wyoming Yes No Wyo. Code R. § 6-7-101 http://www.lexisnexis.com/hottopics/michie/

Other sources of information can be found at: Gambling-Law-US.com: http://www.gambling-law-us.com/Charitable-Gaming/RaffleFAQ.com: http://rafflefaq.com/united-states-raffle-laws/

1. 501(c)(3) only.2. No raffles in exchange for money may be held, but door prizes given away at random for no money purchase are allowed.3. No registration or license is required unless the total value of prizes awarded in one calendar year exceeds $1,500; at which time, the organization must register and be licensed.4. Legal only for 501(c)(3), -(4), -(5), -(7), -(8), -(10) and -(19) organizations only. 501(c)(6) business leagues may not conduct raffles.5. Maximum of two per year.6. Only allowable for 501(c)(3), 501(c)(4), 501(c)(7), 501(c)(8), 501(c)(10), or 501(c)(19) organizations. However, any non-501(c)(3) must contribute no less than 50% of all proceeds from raffle to a qualified 501(c)(3) charitable organization.7. 501(c)(3) organizations only.8. 501(c)(3) only; only one event per year; no more than two events per year per host location.9. Unless projected proceeds in one year are projected to exceed $25,000.10. Only organizations falling under 501(c)(3), 501(c)(4), 501(c)(8), 501(c)(10), 501(c)(19) or 501(d) of the Internal Revenue Code of 1986, as amended; or those organizations exempt from income taxes under subsection 527(a) of said code.11. Provided proceeds do not exceed $4,000.