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What happens if not enough tickets are sold ?

April 26, 2017happens sold tickets

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What happens if not enough tickets are sold ?

2 Answers

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If fewer than 8,000 tickets are sold one year after the initiation of the raffle, the drawing will be held as scheduled and The Grand Prize winner will be awarded a cash prize equal to $150,000.00 (subject to applicable withholding of required taxes).

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If fewer than the minimum amount of tickets are sold, then the drawing will be held as scheduled and The Grand Prize winner will be awarded a cash prize equal to 50% of the proceeds (subject to applicable withholding of required taxes).