What is going to happen to the tokens that was sent to the raffle address?
Nothing happens to those tokens, they are now forever lost.
This was the reason we are having these tests on the Kovan ETH Network and not on the Main ETH Network, though.
Does that mean that once the raffle is"reset" that winners will be chosen and the process will start over again?
The Raffle will last for one week, or until the maximum limit of 250 registered tickets is reached, whichever comes first.