Description

Rake more than leaves this fall with our Rakin' In The Cash raffle and the chance to win $5,000! The Chamber is hosting a cash raffle fundraiser with only 200 tickets being sold at $50 each. The grand prize is $5,000 with two runners-up at $500 a piece. Winner will be announced at the Chamber of Commerce Annual Meeting on November 15th. 

Admission to event sold separately.

Rakin’ In The Cash Official Rules

2018 Prizes:

One (1) Grand prize $5,000

Two (2) Runners Up $500/ea

Three (3) Cash Prizes for a Total of $6,000

By participating in the raffle, every participant and winner agrees to be bound by the Official Rules established by the Sponsoring Organization.

SPONSORING ORGANIZATION: Alliance for Amesbury DBA Amesbury Chamber of Commerce

PURCHASER: Any person who satisfies the eligibility requirements and makes the required tender for participation in the raffle.

ELIGIBILITY: Participants must be age eighteen (18) or older at the time of purchase of raffle ticket. No employee, or immediate family member of an employee of the Sponsor Organization shall be permitted to purchase tickets to the raffle or win a prize.

ENTRY: The tender for entry into the raffle is Fifty Dollars ($50), payable in cash, by check, or credit card. A Purchaser must make the required tender and purchase a raffle ticket during the Raffle Period and prior to the drawing. The right portion of the ticket is retained by the Sponsoring Organization and the left portion is retained by the Purchaser. Any ticket purchased by check that is returned not paid will be withdrawn from the raffle. Raffle tickets may be purchased at Sponsoring Organization’s office at 5 Market Square, Amesbury, MA during regular business hours and at other locations listed on Sponsoring Organization’s website. Depositing the ticket or any material related to the raffle in the federal mail is a violation of federal law and may lead to criminal penalties.

RAFFLE PERIOD: The Sponsoring Organization will conduct this raffle beginning on September 28, 2018 and culminating with the drawing on November 15, 2018.

TICKETS: A maximum of two hundred (200) consecutively numbered raffle tickets are printed. The odds of winning may vary depending upon the total number of raffle tickets sold. Prize odds are based on 200 tickets sold. Sponsoring Organization will maintain a Master List containing the number one (1) to two hundred (200) inclusive. As a ticket is purchased, its number will be checked off the Master List.

DRAWING: On the day of the drawing of the winning raffle tickets, each checked number from the Master List will be called and the corresponding ticket stub will be deposited in the drawing receptacle. A minimum number of three (3) tickets will be drawn at random by a third party designated by Sponsoring Organization (sequence at the discretion of Sponsoring Organization) and the name appearing on these tickets will be declared the actual winners. Participants need not be present to win.

CLAIM DEADLINE: Winners must claim and take delivery of all prizes by December 1, 2018. In its sole discretion, Sponsoring Organization may extend the claim deadline. Failure of a winner to claim and accept a prize within the applicable time period may result in forfeiture of the prize.

PROMOTIONS: Sponsoring Organization reserves the right up to and including the time of the drawing to run contests in the raffle as a means of promoting tickets sales. The day of the drawing, additional raffles may be conducted for additional prizes. Winners of these additional raffles must be present to win and claim prize(s).

CANCELLATION/POSTPONEMENT: Sponsoring Organization reserves the right to cancel this raffle and return all tenders upon its failure to sell 120 tickets by midnight November 6, 2018. Sponsoring Organization reserves the right to postpone the drawing date. In such an event, all purchasers will be notified by the Sponsoring Organization and given the chance to rescind their purchase.

CONDUCT AND DECISIONS: By participating in the raffle, all Purchasers and winners agree to be bound by Sponsoring Organization’s resolution of any disputes. In the event of a dispute, Sponsoring Organization will appoint a panel of three persons who will, by a majority vote, decide resolution of the dispute. The panel’s decision shall be final and binding.

GOVERNING LAW: This raffle is governed by the laws of the Commonwealth of Massachusetts.

TAXES: Winners will be responsible for paying all taxes. The value of prizes will be treated as ordinary income to the winners for federal and state income tax purposes. The winners may be required to pre-pay a portion of the tax liability prior to receiving the prize. No portion of ticket price will qualify as a charitable contribution.