Thank You for Participating
Thank you for participating in the 3rd Annual Lake Gaston Big Splash Raffle. We have over $50,000 worth of prizes being awarded this year. Please keep this brochure handy, as you will need it for reference if you are one of the raffle winners.
Raffle tickets will be sold beginning Friday, May 11, and will conclude at midnight on Wednesday, August 8. The winning tickets will be drawn at a Big Splash Raffle event on Saturday, August 11, from 1-3 p.m. You do not have to be present to win, but you must be available by phone to choose your prize and able to show identification to claim the prize.
The first ticket drawn will have the first choice in selecting their prize from the list.
Once selected the second ticket drawn will have their choice from the remaining prizes. This process will continue until the last winning ticket is assigned to the last available prize.
3rd Annual Big Splash Raffle Rules
- Must be 18 years of age or older to enter. Everyone who purchases a ticket is eligible to win a prize, including chamber members, chamber board members, chamber staff and their families. There are NO exceptions.
- Only 1500 tickets will be sold. There are 15 prizes. If all tickets are sold, your chance of winning is 1 in 100, based on the purchase of 1 ticket. Odds of winning are based on the number of ticket entries purchased up to 1500. Purchasers of multiple raffle tickets are eligible to win multiple prizes.
- Recipients of prizes valued at more than $5,000 will be required to complete Internal Revenue Service Form 5754 and to pay the Lake Gaston Regional Chamber 25% of the fair market value of the prize minus the amount of the wager ($50). The 25% will be remitted to the US Treasury by the Chamber as income tax withheld on the winner's behalf and reported as such on 2018 Form W2G in January 2019.
- There is only one cash prize. Cash prize is also subject to 25% being withheld for income tax. Prizes are non-transferable and cannot be exchanged for cash.
- Winners will be selected at random and announced at a Big Splash Raffle event on Saturday, August 11, from 1-3 p.m., at the Lake Gaston Lions Club, 139 Stanley Road, Henrico, NC. You do not have to be present to win, but you must be available by phone to select your prize. You must show identification to claim your prize.
- Ticket purchases are non-refundable and are not tax-deductible.