house prize syndicate – win shares in a prize home
Fundraising campaign by
mick hampton
-
AU$100.00raised of AU$3,000.00 goal goal
No more donations are being accepted at this time. Please contact the campaign owner if you would like to discuss further funding opportunities
Campaign Story
house prize club
basics
Basically house prize club works like a lottery ticket syndicate. It puts together a group of people that all contribute to a larger club kitty to help increase the groups odds, it works in helping to make the odds drastically lower. In essence it works as follows, 1 share is worth $50 a month and at that price if you were to buy your own tickets individually you would only receive 10 tickets giving you a 1 in 51,000 (510,000 total tickets in endeavor prize home) but if you were to get 10 like-minded people to pool their $50 a month together to make a group total of $500 a month to buy 150 tickets giving the group a 1 in 3400 chance of winning first prize, while most draws are over a period of 2 months so the club kitty would be at $1000 buying 300 tickets equating to a 1 in 1700 chance at winning first prize and the prizes are usually over $1,000,000 or more so that means each shareholder would take home around $100,000.
- Most draws are over a period of 2 months – 6 draws a year
- 10 shares at $50 each a month = $500 a month - $1000 2months
- $1000 buys 300 tickets in endeavor house prize with 510,000 tickets available
- 510,000 tickets divided by 300 tickets bought = 1 in 1700 to win 1st prize valued at $1,000,000
- $1,000,000 divide by 10 shares = $100,000 each
- Odds of winning the gold lotto are 1 in 8,145,060, power ball is 1 in 76,767,600 and Oz lotto is 1 in 45,379,620
- Better odds than lotto and cheaper. As well as the money going toward charity
- Average 6-12 house draws a year
- Easily affordable at $50 a month
If 20 shares were available instead of 10
20 shares at $50 a month = $1000 over 2 months for average endeavor house prize raffle = $2000/600 tickets. 5100,000 / 600 tickets = 1 in 850 chance of winning first prize!!
Organizer
- mick hampton
- Campaign Owner
No updates for this campaign just yet
Donors & Comments
- amy watson
- Donated on Dec 20, 2015