the bronco raffle

Sponsoring Organization: 3GEN Ministries
Purpose: All net proceeds will benefit 3GEN Ministries programs and events.

1. Eligibility

• Organization: This raffle is conducted by 3GEN Ministries, a qualified nonprofit organization registered with the South Carolina Secretary of State.

• Individuals: Participants must be at least 21 years of age and possess a valid drivers license.

2. Ticket Sales and Pricing

• Price: Raffle tickets are $300.00 each.

• Tangible Evidence: Each participant will receive a digital receipt via email as proof of entry
  Method: Tickets may be purchased at www.3genministries.org/raffle

3. Prizes

• Prize Description: [Detailed description of the prize].

• Valuation: The fair market value of the prize is $[Value].

• Restrictions: Non-cash prizes may not be redeemed for cash.

4. Drawing and Winner Selection

• Date and Time: The drawing will be held on Saturday, at [Time].

• Location: [Physical Location/Platform].

• Selection: The winner will be determined by a random drawing. All entries have an equal chance of winning. The winner does not need to be present to win.

5. Odds of Winning

• The odds of winning depend on the number of eligible entries received. A maximum of 500 tickets will be sold.

6. Taxes and Expenses

• Taxes: The winner is responsible for all applicable local, state, and federal taxes.

• Net Receipts: Per SC law, at least 90% of the net receipts (gross receipts minus the cost of the prize) must be used for the organization's charitable purpose.

7. Disclosure Statement

• 3GEN Ministries is registered to solicit charitable contributions in South Carolina. Financial information and the proportion of gross receipts used for charitable purposes are available upon request from the South Carolina Secretary of State.

Who is conducting this raffle?

• 3GEN Ministries, a 501(c)(3) non-profit, is conducting this raffle under authorization from the South Carolina Secretary of State.

How much does a raffle ticket cost?

• Ticket are $300.00 each

How many raffle tickets will be sold?

• 500 tickets will be sold

Who is eligible to purchase a ticket?

• Purchasers must be at least 21 years of age and possess a valid drivers license.

How many tickets can I purchase?

• You may purchase as many remaining tickets as you wish.

When will I receive my tickets?

• Tickets will be received via email from DonorBox immediately after purchase.

What are my odds of winning?

• The odds of winning the raffle prize depends on the number of tickets you purchase and the total number of tickets sold. The worst odds will be 1 in 500.

Is my raffle ticket tax-deductible?

• No. The IRS’s position is that amounts paid for chances to win in raffles, lotteries, or similar drawings for valuable prizes are wagers, and consequently do not qualify as deductible charitable contributions.

When is the ticket purchase deadline?

• Tickets must be purchased before 11:59pm (EST) on Friday, March 10

When will the winner be drawn?

• The winner will be drawn by RandomPicker.com at 7:30pm on Saturday, March 11.

How will the winner be notified?

Do I have to be present to win?

No. You do not need to be present to win.

If I don’t want the vehicle, is there a cash alternative?

No. There are no cash alternatives to the prizes won. If a winner does not accept the prize, another winner will be drawn from the remaining tickets.

How do I claim my prize?

What is the taxable value of the prize?

I still have a question about the raffle. Who do I contact?