$150 raffle Tickets for a $2M San Francisco "Dream House"

[russ tha g]

Saw this on another site: Tickets are $150, and you can win the grand prize: huge house or $1.6M in cash, or a bunch of other stuff (a Toyota Prius, $1,000s ofdollars, vacations, etc.), and only 37,000 tickets are sold--better odds than most state lotteries (but much more expensive).

The house:

The link:

http://www.marinraffle.com/Overview.aspx

Thoughts & opinions?

 

[don cheto]

I bought 10 tickets

 

[retr0sxual]

I'm tempted. Seriously.

 

[i dont pass]

I think Ill cop a ticket

 

[russ tha g]

On the FAQ's page, it says that if you buy more than one ticket that they will enter you into additional drawings, too. It also says that donations are taxdeductible, but that these raffle tickets aren't

 

[lrrr]

Will you get so see the actual raffle drawing?

 

[doosta45]

taxes on a 2million dollar house

 

[kayzeezay]

I know where that house is at

 

[mateen cleaves]

a lot of people been doing this to get rid of their houses and what not, pretty smart.

 

[Johnny_Cakes]

That is a beautiful home.

 

[aubstuh86]

gd luck paying property tax + utility bills monthly on that house.

plus its frisco, mad expensive.

pass.

 

[nash]

Originally Posted by doosta45

taxes on a 2million dollar house

I'm saying! lol

 

[freshsince1982]

these are common

often tickets for 100 or 3 for 250

I always get the one for the hospital in my city

Moms won a trip to St Marteen a few years back, First ticket pulled after the home

 

[what up]

That's right by San Quentin.

 

[usa pride4life]

Originally Posted by What up

That's right by San Quentin.

That can't be good.

 

[thockey66]

Originally Posted by Freshsince1982

these are common

Yes, and almost all of them are illegal.

 

[23mcpizzle23]

have fun paying the $600,000 in taxes

 

[jthagreat]

seems like a good risk/lottery...but i aint doin it

 

[ouch my feet]

You can take the 2 million dollar house or a 1.6 million cash prize. Either way youre losing out to taxes and either way the organization is winning! They willsell 37,000 tickets at 150 a piece, thats 5.55 million in ticket sales (if they all sell of course).

Ridiculous.

 

[rtask]

2M buys you THAT in SF? 2M buys just a nice home where im from, not damn near mansion

 

[be23forlife]

damn....this might be genious....say they sell 37000 tickets @ $150....thats $5,550,000.00 made - $2,000,000.00 for the house, - $1.6 millie in cash, and youstill have 1.95 million to pay off the other stuff... this is crazy

 

[calikix88]

Originally Posted by USA Pride4Life

Originally Posted by What up

That's right by San Quentin.

That can't be good.

 

[verynecessary]

Originally Posted by 23MCpizzle23

have fun paying the $600,000 in taxes

up front

 

[mattdaincredible]

GL with the taxes pass