Reverse Raffle Official Rules
Unlike a typical raffle, in a Reverse Raffle the purchaser of the last ticket drawn wins the Grand Prize.
- Up to $2,500 in Prizes will be awarded on Saturday, March 6, 2021 during our Virtual Event
- The event is open to the public.
- Reverse Raffle Tickets cost $50.00 each.
- You must be 18 years or older to purchase a Ticket.
- A maximum of 200 tickets will be sold.
- A minimum of 150 tickets must be sold for the $2,500 to be awarded. If fewer than 150 tickets are sold, the Prizes awarded will total 20% of the gross proceeds and the amounts noted below will be adjusted.The minimum total prize amount is $1,500.
- Gross proceeds are defined as the total number of tickets sold at $50.00 per ticket.
- A Ticket is considered purchased when complete payment ($50.00) has been received and recorded by the Reverse Raffle Chairperson.
- Ticket sales will end no later than 7:00pm on Wednesday, March 3, 2021.
- Tickets will be drawn throughout the course of the evening. The 1st, 25th, 50th, 75th, 100th, 125th, 150th, 175th, 197th, 198th, and 199th tickets drawn will receive a Prize.If less than 200 tickets are sold, the number of prizes awarded will be adjusted accordingly.
- There will be only one Main Ticket Winner.
- Businesses, companies and non-profit organizations may purchase a ticket, or several people can share the cost of a ticket however one person must be named as the Ticket Owner. The Ticket Owner controls the ticket and is responsible for making the decision to split the Prize with the other finalists.
- Prizes will be awarded to the Ticket Owners who are responsible for sharing the proceeds with any other parties.
- Winners are solely responsible for any and all taxes due on the awards.