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Who wants a Cabin in Maine for 100 dollars?
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K
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17 Dec ’14 - 8:45 am
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This use to be huge when we first moved to Maine. Instead of just selling a house, people would raffle them off. So say you wanted 50,000 for the house, they would sell 500 tickets for 100 dollars, if they didn't sell all the tickets, then the raffle was called off, I always thought it was pretty unique

Through that village, the water that provides its name — Grand Lake Stream — flows, and the landlocked salmon that live in that clear, cool water are prized by fly fishers.

Not far away from town is another river. You might have heard about it. Seems a man named Hill Gould shot a 31-point buck while hunter there back in 1910.

And on any number of nearby waters, you can find some of the best bass fishing in the state. Hire one of the many Grand Lake Stream guides, and they’ll take you onto those lakes in their vintage Grand Lake canoes.

If Grand Lake Stream sounds like an outdoors paradise, you’re right.

What if I told you that you could own a piece of that paradise … and it’d only cost you a hundred bucks?

Well, you can.

The Grand Lakes Stream Guides Association is holding a fundraising raffle, and are selling chances to win a fishing and hunting camp (along with an acre of land), in the town.

A ticket will cost $100.

According to the guides association, the camp is located at 183 Milford Road in Grand Lake Stream. They estimate that it’s worth about $50,000.

The only catch: The drawing will be held on Dec. 31 at 6 p.m., so you’ve got to hurry if you want to get your hands on a ticket.

Something else to consider: As of last count, the guides have only sold a few hundred tickets. Your odds, therefore, are much better than they might be in many other games of chance.

So, what do you think? Do you want to take a chance at winning a camp in one of Maine’s iconic sporting towns?

You can do so by sending a check and self-addressed, stamped envelope to the Grand Lake Stream Guides Association, 15 Water Street, Unit 1, Grand Lake Stream, 04668-4000. Make the check out to GLSGA.

According to Grand Lake Stream guide Louis Cataldo, GLSGA is a non-profit organization and has cleared the raffle with state authorities.

If you’ve got more questions, you can call Mike at 796-2553.

http://outthere.bang.....ure-lucky/

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easytapper
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17 Dec ’14 - 11:52 am
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Something else to consider: As of last count, the guides have only sold a few hundred tickets. Your odds, therefore, are much better than they might be in many other games of chance.

 

if thy didn't sell all the tickets, then the raffle was called off, I always thought it was pretty unique

I would still take a chance if I had the money t spare.  Wonder what the taxes on that would be?

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17 Dec ’14 - 11:58 am
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I assume it would be taxed on the value of 50,000, one thing I find interesting is they didn't mention a minimum amount of tickets needed to be sold

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easytapper
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17 Dec ’14 - 4:49 pm
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KVR said
I assume it would be taxed on the value of 50,000, one thing I find interesting is they didn't mention a minimum amount of tickets needed to be sold

But they did.  They said they would sell 500 tix, and if they didn't all sell, then the raffle would be off.  I quoted it in my post.

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17 Dec ’14 - 4:54 pm
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easytapper said

KVR said
I assume it would be taxed on the value of 50,000, one thing I find interesting is they didn't mention a minimum amount of tickets needed to be sold

But they did.  They said they would sell 500 tix, and if they didn't all sell, then the raffle would be off.  I quoted it in my post.

no, those were my comments on how they use to be run, the comments after the picture is the article, I should have highlighted it, they even say they have only sold a few hundred so the chances are good

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Kamikaze-Emu
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17 Dec ’14 - 5:33 pm
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That is pretty cool.  Every once and a while I could see throwing a $100 out there on something like that just to see if i could get lucky. 

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19 Dec ’14 - 1:07 pm
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we should all chip in for a ticket, if we win, we will use it like a timeshare for members

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