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saw this ad in the mishpacha on sukkos of a seminary raffle – full tuition and airfare for only $36 a ticket! and for money of course there is more to package. definitely a great chap! go check it out
That sounds amazing! 🙂 Do you have more information on how to buy a ticket for the raffle?
So you have a one in a few thousand chance to get free seminary, only one person can win so don’t count on this as if YOU are going to be the winner. It is a raffle supporting a tzedaka like any other. If you want to use your masser money to give tzedaka to this particular institution, kol hakavod. Otherwise, support your local tzedakas or whatever you would normally put your maaser towards
i work for a mosad. in most cases (except for maybe oorah) any mosad would be LUCKY to have a “few thousand” people buying tickets….. the odds are considerably better than that.
Ok, so a few hundred. Though depending on how much you are selling single and multiple tickets for, it could very well be over 1,000.
But either way, it’s still a long shot. This thread makes it sound like this is some awesome idea to raffle off a free year in seminary. I’m just pointing out that this has nothing to do with seminary, it is a raffle with a cash value to it, other institutions raffle off “a dining room set”,”an apartment in Israel”, $25,000, $100,000… It’s all the same thing, an incentive to give tzedaka. Give it as t2daka, not because you think you will win.
If you have a class of 50 Beis Yaakov 12th graders and you raffle it off among them – that’s another story.
At $36 per ticket with an $18,000 prize, they have to sell at least 500 tickets to break even. And that’s if people buy the smallest package, if some of those 500 come from the bigger ticket packages they have to sell more than 500.
YW Moderator-42- WOW you are so negative…whats wrong with you? having a rough day? brighten up!! What in the world do u have against this raffle or the odds of winning? it sounds like u purchased a ticket and you are trying to discourage other ppl from buying bc u feel YOUR chances of winning are slim…
1 in 500, 1 in 750, even 1 in 1000… those are pretty good odds… and yes, you are supporting a mosad also…
Sorry, I’m just annoyed by people’s attitude toward raffles as if they really think they are going to win. I have no problem with people giving to mosdos and even buying a slight chance of winning something in the process, but be realistic and give for the sake of tzedaka.
Irrespective of the odds, something tells me that this is going to be a record-breaking raffle in terms of participation.
Signed by someone with a daughter in Seminary this year…
Irrespective of the odds, something tells me that this is going to be a record-breaking raffle in terms of participation.
Signed by someone with a daughter in Seminary this year…
doesn’t matter what the odds are. It only takes one to win, and whoever is meant to win will win no matter how many tickets she buys or how many other people have bought tickets.
BTW if you win, you have to pay TAX on the Prize.
If you win some cheap prize at a chinese auction like a bunch of museum admissions, I wouldnt worry about the tax, But this prize has significant value and you will be responsible to report the prize as income.
It might be worth $20K-$30K and you will owe state and Federal tax on it.
trak 443: Technically, the odds would be good if the chance of winning gave you greater value than the money you’re spending. If it’s a 1/2 chance and you spent $50k for it, the odds wouldn’t be good. Basically, if the raffle holder is breaking even, your odds are not “good”.
Technically, one can have good odds with the tzedakah still making money. The scenario would be, an individual buys a high volume of tickets for a cheaper price, with the rest of the ticket holders buying single tickets at a higher price. The value of the return of each ticket may be lower than the individual ticket price but higher than the price paid for each ticket when bought in bulk.
Does anyone know how to buy a raffle ticket? 🙂
yes there is a link someone posted the link on like 3rd or 4th answer to this post
What is truly sad about this , Girls feel almost entitled to go to Seminary for a year and many Parents cannot afford the $20K-$30K cost of this and the girls feel left out especially if many of their friends are going.
They then put their hopes on a raffle ticket that they can win the trip as this may be their only way of going.
zahavasdad-Can’t that be said about any raffle?
im deff getting some tickets! even if there is a slight chance of me winning.
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