Florida Couple Tries Raffle Approach To Unload Their Mansion

by Deidre Woollard (RSS feed)
Jun 15th 2009 at 10:02AM

One Fort Lauderdale couple has taken a the raffle route to sell their waterfront mansion. As the press release says, moving from their dream home is something the Brannans never thought would happen but the couple has decided that the raffle is the best possible solution. They are selling tickets for $10 and a portion of the proceeds go to a local charity. They are hoping to sell 300,000 tickets which would equate to the house selling for $3 million.

A portion of the proceeds from the drawing will benefit The Mission of St. Francis, a charitable organization in Ft. Lauderdale. The home has six bedrooms including a master suite which measures 1,000 square feet and has a second story balcony overlooking the waterway. The luxury home includes an eat-in kitchen, theater room with a 120" screen, four car garage, and there is a pool and a dock on the waterway. The pictures in the gallery below are small but do show a typical Florida luxury home.

The drawing is set for Christmas Day 2009 or as soon as all the tickets have been sold, whichever comes first. If all the tickets are not sold then a 50/50 drawing will be held with 50 percent of the money collected going to the winner and the other 50 percent going to the charity. Records on Property Shark show that the Brennans paid $2.35 million for the home back in 2005.

To buy a ticket click here.

Gallery: Florida Raffle Mansion

Tags: florida, fort lauderdale, FortLauderdale, house raffle, HouseRaffle

Filed under: Estates

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Reader Comments (Page 5 of 5)

Amanda Rosado Jun 16th 2009 6:43PM

Where can I buy a ticket?

Tim Jun 16th 2009 8:01PM

http://www.showclix.com/shows_listing3.php?event=2439

Lisa Jun 16th 2009 8:46PM

Nothing I saw in the photo gallery would entice me to even purchase a $10 raffle ticket! I have seen better kitchens in a $200,000 home.

Telephones Jun 16th 2009 11:25PM

I bought a raffle ticket...Now, if I am to believe some of the comments posted,
I could go to jail??? And if I do win, it's a loss because of all the expenses?
So I made a big mistake??? Good Lord, what do I do now???
AMY

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Equidancer Jun 17th 2009 1:07PM

I'm pretty sure it is illegal to raffle off a house. Isn't this considered running a lottery without a gaming license?

Antigambler1 Jun 17th 2009 6:22PM

Federal law prohibits games of chance over the phone or internet. That includes raffles. It's not the buyer that's at risk (except for losing their money), it's the promoter of the game of chance. In fact, the promoter could be charged with a felony, be fined, and go to prison. The Postal Service prohibits the use of the mail for raffles (money for tickets, tickets, or receipts). Unfortunately, some laws are not well-enforced. In addition, many of these raffles are outright scams. A court in St. Louis ordered a charity to refund $2 million for a house raffle that had no winner. With so much legal gambling available, why "take a chance" on something that's illegal? Go spend $10 on a state LOOTtery ticket, the tax on those who don't know math!