5 million dollar home raffle seattle
Regardless of where you stand discount crossbows for sale in the argument, you may not be able to afford the five bedroom home even if you win.
But it's expensive to do that.
The grand prize was awarded Oct.
This 3,000-square-foot home on nearly 2 acres in Los Altos Hills, valued at 3 million, is the grand prize in a raffle sponsored by InnVision of San Jose.
Click a photo below for a detailed view.To encourage early ticket sales, most nonprofits raffle off smaller prizes before the grand prize drawing.Together, these can run well into the six figures.San Francisco Edwardian: This 4,200-quare foot home in the Inner Sunset was the grand prize in a raffle sponsored by the Yerba Buena Center for the Arts.Arnold, Auburn, WA - Omaha Steaks Custom Certificate Gourmet Level 4- President Aaron L Hefel, Renton, WA - Omaha Steaks Custom Certificate Gourmet Level 4- President Ronald Hollingsworth, Hayden, ID - Omaha Steaks Custom Certificate Gourmet Level 4- President Joyce Liebig, Seattle, WA - Omaha.That would seem to preclude raffles that raise 5 million but cost 4 million to run, but the rules allow organizations to use funds other than raffle proceeds to pay raffle expenses.But the office says it does not investigate, audit or approve raffles.This is disclosed in the raffle rules.A minimum of 75,000 tickets must be sold by May 16, 2014 for the Grand Prize Winner to have a choice of the house, the annuity of 4 million paid over 20 years or a onetime.8 million payout, rules to the raffle read.While the fine print rule was included on the raffle website, it was omitted from marketing material.Irene Cahill, Monroe, WA - RCA Bluetooth Soundbar with Subwoofer.
The South Lake Tahoe Boys and Girls Club had a similar experience.
There is a catch, though.
Although the cash is usually less than the home's advertised value, most winners take cash because it's simpler.Ron Smith, Seattle, WA - Apple 13" Macbook Air 8GB Memory.Carroll Sinclair, Redmond, WA - Samsung 49" 7-Series Curved 4K UHD.The winner that year also chose cash, but someone else who had purchased a ticket ended up buying the house.Winners, losers Some nonprofits have been big winners.
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