|Posted: July 21, 2008, 10:51 pm - IP Logged|
It all depends on if you have disposable cash to spend. Any raffle is a game of chance there's a chance you might win and a chance you might loose. I bought a raffle ticket for the house in Westminster MD they had a few months back. The guy that won the raffle for the house has the house up for sale he owes like 125 grand on the taxes.
So be careful what raffle your buying into and find out about the details especially if it's a large sum raffle or property. Any taxes that might arise or out of pocket money that has to be paid if you win.
The raffle I found is only $20 to enter. I watched that raffle for that house. Wasn't it in Washington County? That sucks for that guy considering the market, not to mention his realtor probably has him trying to get the same price the sellers of the house could not get, hence the raffle.
The details for the raffle are.
Grand Prize is a house or $250,000 over 10 years or a lump sum of $175,000. Odds are 1 in 77,000. There is no cost to the winner except those costs which occur during normal ownership or they will help you unload the house if you choose to take the house instead of cash.
First prize is 3 winners will get $1,000 in gas or $750 cash. Odds are 1 in approximately 25,666.
Second prize is 3 winners will get $500 in gas or $375 in cash. Odds are 1 in approximately 25,666.
Third prize is 3 winners will get $100 in gas or $75 cash. Odds are 1 in approximately 25,666.
Every other ticket is guaranteed to win a $5 gift card to an online shopping establishment or $2 off each ticket for the next purchase of tickets for the next raffle.