SIGN THE BOOK WEEKLY RAFFLES FRIDAY RED; SAT WHITE; SUN BLUE
Hey members, the raffles support the service funds that the Post operates. You are not throwing money away by playing.
DRAWING RAFFLE RULES:
Drawing times: Friday at 8 PM Saturday at 8 PM Sunday at 3 PM. If your membership number is drawn, then you are the winner. Winner need not be present.
Sign the book prior to the drawing time pay $5. $2 goes to Post 188, $2 goes to the winning pot, & $1 is startup for next raffle after a winner is drawn.
Raffle payouts are done as follows:
Winner receives 100% of rollover plus $2 for each person signed in the book for the current week. Example: Rollover money is $150; 20 people signed the book $2×20=$40; total winnings $190.
When the pot reaches $500, we will draw for a mandatory winner to reset the pot. (Avoid tax red tape.)
The first draw will be for the entire pot.
If there is no winner on the first draw, then the following draws the winnings will be $200 for a winner.
After a total pot winner, then the next week’s pot will start with the $1 that is set aside to start the new weekly raffle.
After a winner the pot goes to zero & the startup money is the number of people signed for each week plus the number of weeks it took to get a mandatory winner. Example: 5weeks x 10 people signed in the book each week = $50 startup money for the new raffle.