Description
How To Play Countdown to Cash
You can purchase tickets for $30 each, with each ticket equaling one entry. Tickets are limited, with only 150 tickets available, and sold at the beginning of each month. Once 150 tickets are sold, the ticket sales will close.
Each Thursday, we will go live and randomly eliminate tickets. If your ticket is drawn, it will be eliminated and you will be out for that month’s drawing. Eliminated tickets do not win any additional prizes. On the last Thursday of the month, we will draw from the remaining tickets until only 1 ticket remains. That ticket will win $1,000!
Countdown to Cash Rules and FAQ
Tickets are $30 each with no limit on the number of tickets that can be purchased. There is a limit of 150 tickets that can be sold.
Commonwealth Causes is a non-profit 501c3 – Gaming License # ORG0002761
Prizes MUST be claimed within 30 days after the day the winning ticket is pulled. Unclaimed prizes will be donated back to Commonwealth Causes.
Raffle drawings are held and live-streamed every Thursday night at 8:00pm ET HERE. Also, feel free to watch the live drawings at @kycauses on Facebook, Youtube, Twitter, and Instagram.
WHAT IS A COUNTDOWN TO CASH RAFFLE?
The Countdown to Cash is a raffle where the winner is chosen by eliminating tickets over time instead of drawing one winner right away, made by Commonwealth Causes, a Kentucky based 501(c)(3) nonprofit organization, gaming license #ORG0002761.
Each week after the raffle starts there will be an even number of tickets eliminated, once we reach the final Thursday of the month, the winner of the last ticket standing receives the jackpot.
Commonwealth Causes has funded the initial pot with $1,000.
WHAT ARE THE ELIGIBILITY RULES?
All participants must be at least 18 years of age or older to play.
All participants must hold a valid US Social Security card to claim a prize.
All prizes over $599 will be paid by check and the recipient will be issued a W-2G.
For prizes over $4,999, Commonwealth Causes will withhold 24% in Federal taxes and 5% in Kentucky taxes per Federal and State requirements.
Prize winners that fail to comply with eligibility rules will forfeit the prize.
WHAT IF ALL TICKETS DO NOT SELL OUT?
If all tickets do not sell out, the raffle will continue as scheduled.
CAN I BUY TICKETS AFTER THE FIRST WEEK?
No. Ticket sales will close at 6PM EST on the first Thursday of each month for that month’s raffle.
HOW MANY TICKETS WILL GET ELIMINATED EACH THURSDAY?
The number of tickets eliminated each Thursday is based on the total number of tickets sold for that month. Tickets are eliminated evenly over a 3 week time period so that a final group of tickets remains for the last drawing of the month. For example, if all 150 tickets sell out, we will eliminate 37 tickets each week for the first three weeks. On the final Thursday, the remaining 39 tickets will be drawn until one final ticket remains, and that ticket will win $1,000.
After each livestream, we will post the eliminated ticket numbers here on our website and on our social media channels.
