The Collaborative International Dictionary of English v.0.48:

Raffle \Raf"fle\ (r[a^]f"f'l), n. [F. rafle; faire rafle to
   sweep stakes, fr. rafler to carry or sweep away, rafler tout
   to sweep stakes; of German origin; cf. G. raffeln to snatch
   up, to rake. See Raff, v.]
   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.
      [1913 Webster]

   2. A game of dice in which he who threw three alike won all
      the stakes. [Obs.] --Cotgrave.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Raffle \Raf"fle\ (r[a^]f"f'l), n. [See Raff, n. & v., and
   Raffle.]
   Refuse; rubbish; raff.
   [Webster 1913 Suppl.]

The Collaborative International Dictionary of English v.0.48:

Raffle \Raf"fle\, v. i. [imp. & p. p. Raffled (r[a^]f"f'ld);
   p. pr. & vb. n. Raffling (r[a^]f"fl[i^]ng).]
   To engage in a raffle; as, to raffle for a watch.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Raffle \Raf"fle\, v. t.
   To dispose of by means of a raffle; -- often followed by off;
   as, to raffle off a horse.
   [1913 Webster]

WordNet (r) 3.0 (2006):

raffle
    n 1: a lottery in which the prizes are goods rather than money
    v 1: dispose of in a lottery; "We raffled off a trip to the
         Bahamas" [syn: raffle, raffle off]

Moby Thesaurus II by Grady Ward, 1.0:

35 Moby Thesaurus words for "raffle":
   bingo, call, cast lots, class lottery, cut lots, cut the cards,
   draft lottery, draw, draw lots, draw straws, drawing, gamble, game,
   grab bag, interest lottery, keno, lot, lottery, lotto, match coins,
   number lottery, numbers pool, play, play at dice, play the ponies,
   raffle off, shoot craps, speculate, sport, sweep, sweepstake,
   sweepstakes, tombola, tontine, toss