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<blockquote data-quote="SmithBarney" data-source="post: 2007231" data-attributes="member: 709"><p>Sometimes they might purchase items for raffles, but many times Items are donated, Especially homes etc... they may be part of an estate that was left to the hospital, if the hospital sells it(PITA) there are many tax issues to contend with. If they "Raffle" it in a charity Lottery, there are many more tax benefits and they look better in the publics eye. Same goes for car dealers, they'll donate last years Jag or whatever and write it off for charity.</p><p></p><p>And yes the tickets are expensive and the odds aren't in your favor, but the odds are much better than powerball... </p><p></p><p>I used to attend car shows and people would "raffle" off cars 1 in 100 chance of winning vs powerball odds.</p><p></p><p>Lots of people hunt the internet and such for just these kinds of raffles/fundraisers the odds of winning are just better.</p></blockquote><p></p>
[QUOTE="SmithBarney, post: 2007231, member: 709"] Sometimes they might purchase items for raffles, but many times Items are donated, Especially homes etc... they may be part of an estate that was left to the hospital, if the hospital sells it(PITA) there are many tax issues to contend with. If they "Raffle" it in a charity Lottery, there are many more tax benefits and they look better in the publics eye. Same goes for car dealers, they'll donate last years Jag or whatever and write it off for charity. And yes the tickets are expensive and the odds aren't in your favor, but the odds are much better than powerball... I used to attend car shows and people would "raffle" off cars 1 in 100 chance of winning vs powerball odds. Lots of people hunt the internet and such for just these kinds of raffles/fundraisers the odds of winning are just better. [/QUOTE]
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