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|About||This event funds St. Teresa's efforts to offer the children of our community a well rounded education with emphasis on Religion, Social Studies, Math, Scie|
Cash Grand Prize
Odds are 1 in 500
Doors open 6pm • Auction begins promptly at 6:30pm Knight of Columbus hall in Grants NM
First ticket drawn wins $250
100th, 200th, 300th, 400th, tickets drawn win $100
491st through 495th tickets drawn win $50
496th through 498th win $100
499th ticket wins $500 500th wins $10,000
Each $100 ticket holder may bring only 1 guest. Additional guest tickets can be purchased for $25. Guest tickets not lottery prize eligible. Must be 18 or older to attend. Need not be present to win. Because the event falls under the definition of a “raffle,” tickets have to be sold randomly. New Mexico state law does not allow individuals to “select” their numbers.
Tickets sold are grouped into 20 blocks of 25. Boards with the blocks and names of ticket purchasers are posted. The person who purchases the block containing the name of the grand prize winner wins 50 percent of the total amount of the auction pool. At the end of the night, the last 10 tickets remaining are auctioned. Whoever buys the name of the grand prize winner wins the auction pool, which will be 50 percent of the total sales of the 10 remaining tickets. Winners are selected randomly by computer.