2018 Reverse Raffle Official Rules


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2018 Reverse Raffle Official Rules Unlike a typical raffle, in a Reverse Raffle the purchaser of the last ticket drawn wins the Grand Prize. 1. Proceeds benefit the community service projects of the Kiwanis Club of West Palm Beach, Florida, Inc. through its Foundation, P.O. Box 3092, West Palm Beach, Fl. 33402. All drawing prizes including the $5,000 grand prize will be paid from raffle ticket proceeds and event sponsorships. The winning ticket stub will be drawn randomly by computer. Tickets ordered electronically will be assigned a number and placed into the drawing. 2. Grand prize of $5,000 will be awarded on Saturday, February 24, 2018 at St. Juliana Catholic Church auditorium, 4500 S. Dixie Hwy. West Palm Beach, Florida 33405. 3. A maximum of 200 tickets will be sold. A donation of $100 per ticket admits 2 people and one chance to win the grand prize. The ticket price is not deductible for federal income tax purposes as a charitable contribution. Other cash donations are deductible. 4. You must be 18 years or older to purchase a Reverse Raffle ticket. 5. A ticket is considered purchased when a complete donation of $100 along with the physical or electronic ticket stub has been received and recorded by the raffle chairperson. 6. Ticket purchases will cease on Wednesday, February 21, 2018 at noon when all monies and sold ticket stubs will be turned into the raffle chairperson. Any unsold tickets remaining after this date may be purchased by the Kiwanis club or its members. 7. The final five ticket holders will have the opportunity to decide whether to continue with the raffle or split the Grand Prize. If there is an agreement to stop and split, the Grand Prize will be divided between the five ticket holders. If one person does not want to split, the raffle will continue and another ticket will be drawn. From this point forward, the remaining ticket holders can split the Grand Prize. 8. The winner of the Grand Prize need not be present to win. 9. Businesses, companies and non-profit organizations may purchase a ticket or several people can share the cost of the ticket, but no more than two people per ticket will be admitted to the raffle event. If several people have shared the cost of the ticket, only one person can be considered the ticket owner. 10. The ticket owner controls the ticket and is responsible for making the decision to split the Grand Prize with the other finalists. Prizes will be awarded to the ticket owner who is responsible for sharing the proceeds with the other ticket holders. 11. Winners are solely responsible for any taxes due on the awards. 12. In the event of a dispute or controversy, Trish Weaver-Monahan, Chairperson of the Reverse Raffle will make the final ruling.