Okay, so I saw this banner on the 405: "Win a $1.5 Million Dollar Dream Home or $1 Million in Cash!" and then the webpage address.

So I went to CenturyHousing.com and I found out more about the contest. Apparently it's not just a fly by night raffle, which is good, it's been on the news all over Southern California--but since all my news comes from The Daily Show, I have never heard about this contest.

There are 180 cash prizes in addition to the dream house.

1st Prize gets $50,000
2nd Prize gets $25,000
3rd Prize gets $10,000
4th-10th prizes get $1,000 each
11th-20th prizes get $500 each
and then
21st-180th prize get $360 each

So. It's a raffle. Which means tickets have to be bought in order to participate. Tickets run $180 a piece. Now, I was wondering if anyone would be interested in going in on this with me. The way I figure it, the more people we get in on the action, the less the ticket would cost us, and heck, if we got enough people, we might even be able to purchase more than one ticket! $180 for one person on a raffle ticket is a lot, but with our powers combined we could actually afford it. And then we'd all split the winnings. There's going to be 180 cash prizes! This is exciting because the worst we could do is double our money... or win nothing. But I have an excellent track record with raffles. In fact, out of all the raffles I've ever entered, I've only lost once--and that's because I didn't buy the ticket, it was given to me.

So, anybody interested?

( 4comments )

at March 22, 2005 12:53 PM  Gungadin said...

I'm in once I get my next check from my museum gig. I have faith!

 

at March 22, 2005 2:18 PM  Nikoli Striker said...

I assume the cost split on this would depend on how many people went in for a ticket, eh?

What, by the way, does all the raffle money go toward? Charity? Funding the prizes? Lining the wallets of the bourgeois?

 

at March 22, 2005 2:49 PM  Samantha said...

The money benefits a charity called: The More Than Shelter Fund. It's an organization "dedicated to raising operating and capital funds to perpetuate the much-needed social service programs launched by Century Housing throughout Southern California." Apparently the poverty (or low income) level in Los Angeles County (the county in which I reside and currently a part of this statistic, sadly enough) is 40%.

More Than Shelter services include Child Development Centers, After-School Tutoring Programs, Job Training and Placement, Wellness Programs for Seniors, and Transitional Housing for Homeless Veterans.

So I think it's a good cause, as well as an awesome chance at a dream house, or a million bucks.

 

at March 23, 2005 7:16 PM  Brian Bartelt said...

huh. Sure, I'm in... if you get enough people to drive the cost down a little. I assume that if we win the house, we take the $1 mil and split it?