I need to know what states in the US, or what countries that regulate
raffles the least.  I would like to set up a raffle for something I
have, but it appears that most states only allow it if the
person/organization raffling the item is a non-profit.  This is for
profit.  What I'm looking for is the easiest way to go about this, it
could involve registering a corporation offshore if needed.

We had a similar questin recently, from someone in the UK wanting to
raffle an appartment in Spain.

In the UK you need to add 'skill and judgement'

eg: Q: What colour is a black cat ?

Those things can be a bit dodgy, a pal of mine tried setting one up -
he made a nasty nett loss.

Occasionally one hears reports of similar things, generally they do
not get enough punters.