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kstar kstar is offline
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Join Date: Oct 2000
Location: SoCal
Posts: 6,006
Raffle your house!

Just saw a short story on the news; a couple is raffling their home for $50 a ticket.

They are trying to sell 31,000 tickets @ $50 a piece ($1,550,000 gross) and will donate 10% to charity to legitimize the raffle.

They say they will not make any money, just break even if they sell all the tickets.

I haven't thought it through, but it seems like a good idea.

Just found the story here:
http://www.liveinalpharetta.com/blog/2008/10/15/buy-a-million-dollar-house-for-50-what-a-stinking-good-idea/

FYI.

Best,
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Kurt

http://starnes.com/
Old 12-13-2008, 04:58 PM
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