cashraffle.org & siliconro.org introduces the 20k Education cash raffle 2012-2014 edition. Get your tickets now
 

The $20,000.00 Cash Education Raffle

Gold Edition

Official Rules and Regulations

The $20,000.00 Cash Education Raffle (from herein, Raffle) is sponsored by (Silicon Ro Foundation) Silicon Ro, Inc. (from herein, Sponsor), a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code. This Raffle is pursuant to Florida Statute 849.0935, and in compliance with the registration requirements of Chapter 496, Florida Statutes, the Solicitation of Contributions Act. These Official Contest Rules may not be waived, modified, or supplemented except by (Silicon Ro Foundation) Silicon Ro, Inc. No modification of these official contest rules shall be enforceable unless made by (Silicon Ro Foundation) Silicon Ro, Inc.

OVERVIEW

The $20,000.00 Cash Education Raffle is a drawing by chance, and void where prohibited or restricted by law. All applicable federal, state, and local laws and ordinances apply. By donating a certain amount, one enters into this game of chance and becomes a Raffle ticket recipient. In doing so, all entrants agree to be fully and unconditionally bound by these official rules and regulations, waive any right to claim ambiguity in the Raffle or these official rules and regulations, and further agree to be bound by the Sponsor's decision and interpretations of these official rules and regulations. By entering this Raffle, all entrants release(Silicon Ro Foundation) Silicon Ro, Inc., providers, or any of our respective parent companies or affiliates, directors, officers, employees, and/or agencies from any and all liability.

ELIGIBILITY

The $20,000.00 Cash Education Raffle is open to anyone 18 years of age or older at the time of reserving a raffle ticket may enter.

All ticket orders must be received by 5 p.m. April 30, 2014 EST.

The following individuals and immediate family members—defined as spouse, IRS dependent, step or biological mother, father, sister, brother, daughter or son of—or who resides in the same household as, any person in any of the following categories are not eligible to participate:

  • Employees of(Silicon Ro Foundation) Silicon Ro, Inc.
  • Any person engaged in development, production, or distribution of Grand Prize supplied for the raffle.
  • Any person who resides in an area where this game of chance would otherwise be prohibited by law.

TICKETS

The suggested donations for Raffle Tickets is $20.00.

Due to postal regulations, raffle ticket stubs cannot be returned by mail for purchases over the Internet, through the mail or by telephone. When an order is placed, we will complete the ticket by filling in the name, address, and phone number, and we will drop the ticket in the barrel at the Silicon Ro Foundation's HQ. At the drawing, the winner will be contacted based on the name and information on the ticket.

Only one eligible person may be entered in the Raffle per ticket, and each entry represents one chance to win. If multiple names are listed on a ticket, the FIRST name will be deemed the holder of the ticket. Division of the Grand Prize, if selected as the Winning Ticket, by a group obtaining a ticket shall be the sole responsibility of the ticket holder as defined above.

Tickets are not transferrable or assignable.

An individual may make the suggested donation, per ticket, for as many Raffle tickets as he/she may wish, subject to availability.

  • To enter, a ticket can be obtained on-line using the following internet websites: www.cashraffle.org and www.siliconro.org or via postal mail and by phone.
  • Our on-line ticket purchasing utilizes the secure network PayPal, Google Wallet, Amazon Payments and more payment options being added/taken away at our discretion.
  • Mail orders by means of Check / Money Order. Mail your check/ money order to Silicon Ro Foundation, 4318 Murdock Ave Sarasota, FL 34231. Make check/ money order payable to Silicon Ro Inc.
  • Wire Transfers accepted on orders of $240.00 or more.


All entrants must produce a valid e-mail address (if available), full legal name, home phone number, alternate contact number, physical address, and/or mailing addresses. It is the sole responsibility of the purchaser to provide a valid, deliverable mailing address. The sponsors of the $20,000.00 Cash Education Raffle assume no responsibility for lost, late, misdirected or non-delivered mail, or email messages, or any other failure to receive orders or deliver receipts prior to drawing deadline. No mechanically or electronically reproduced entries accepted.

All entrants must also provide method of payment (valid credit card, check, or money order) representing GOOD FUNDS. The Sponsor of this Raffle reserves the right to reject any ticket request or entry form that is submitted with payment that does not constitute "good funds," or that appears to have been physically altered or defective.

Tickets will be distributed in the order ticket donations are received.

According to IRS regulation, raffle ticket donations are not tax deductible.

No refunds are available except where noted; otherwise, all ticket sales are final. Refunds will be made only under the following circumstances:

  • If payment for tickets is received after 1,500 tickets have already been distributed.
  • If payment for tickets is received after the drawing deadline of 5 p.m. April 30, 2014 EST. 

 

TAXES

The IRS has taken the position that amounts paid for chances in raffles or similar drawings are not gifts and consequently do not qualify as deductible charitable contributions.

The Grand Prize Winner assumes all fees, local, state, and federal taxes, and transfer taxes and any fees associated with transfer of the Grand Prize. The Sponsor is obligated to report the value of the Grand Prize to tax authorities as income, and a W-9 or similar tax forms must be completed by the Winner for the purposes of tax withholding. Any withholdings if required, applicable to the Grand Prize will be required at the time of transfer of such prize to the winner.

Please consult your tax advisor with questions.

GRAND PRIZE

All entrants understand and agree that they are entering to win $20,000.00. For the purposes of this Raffle, the Grand prize will be $20,000.00 in US Dollars. Once all requirements for Claiming of Grand Prize have been met (as described below), one (1) randomly selected Winner shall be the sole recipient of the Grand Prize.

In the event at least 1,500 tickets are not sold, the Raffle will be held as scheduled and the Grand Prize will be awarded as advertised, with the exception that the Winner will receive a sum equal to 50% of the Net Raffle Proceeds, instead of the $20,000.00. For these purposes, Net Raffle Proceeds are defined as the funds remaining after paying all Raffle expenses.

RANDOM DRAWING METHOD

The Winner of the Grand Prize will be selected by a random method of drawing, and will be conducted by of Silicon Ro Inc Staff. The drawing will be held May 1st 2014 5PM EST at Silicon Ro Foundation's Headquarters 4318 Murdock Ave Sarasota, FL 34231. Tickets must be purchased prior to 5 pm EST on April 30, 2014 to be eligible.

Winner's name, not ticket numbers, will be called. The winner will be called by name and verified by matching the ticket with the information in the records and the application form. All winners will be notified by telephone, email or certified mail, return receipt requested, information as provided at ticket purchase. Notification by telephone will be made day of drawing. Email or U.S. certified mail, return receipt notification will be made within one (1) business day of drawing.

CLAIM OF  GRAND PRIZE

Participants do not need to be present at the drawing. If not present, the winning entrant will be notified of his/her winning immediately upon identification verification following the actual drawing via telephone, mail, or email. Winner must claim prize with Silicon Ro Inc. and sign and deliver a completed W-9 form, or other form as required by law, to Silicon Ro Inc. no later than 5:00p.m. EST thirty (30) calendar days from announcement or first attempt to contact, or the prize will be forfeited and awarded to alternate winner

The Winner will be required to:

  • Sign a sworn affidavit of eligibility in accordance with these Rules and applicable law.
  • Provide written documentation (i.e., social security card) as required by any applicable tax.
  • Provide at least (2) forms of identification (including photo ID).
  • Complete a W9 and/or other forms as required by law and the IRS for tax withholding purposes.

The Winner assumes all applicable fees and taxes (see TAXES).

The Winner grants permission for the use of their name and likeness/photograph without compensation for advertising of this and similar promotions, unless prohibited by law.

In the event the Winner is found ineligible under these rules and regulations, an alternate drawing will be held within five (5) business days of said determination and notification thereof will be posted on the website immediately.

Rights are reserved to disqualify entries not in conformity with the rules and regulations hereof.


If the Grand Prize Winner does not claim their Grand Prize within 30 days of the Grand Prize drawing date, the Grand Prize will be forfeited and another winner will be selected using the same random drawing method.

The sponsors of the $20,000.00 Cash Education Raffle assume no responsibility for lost, late, misdirected, or non-delivered mail, or email messages, or any other failure to receive orders or deliver receipts prior to drawing deadline.

No warranties, express or implied, are made or offered by Silicon Ro Inc.. The GRAND PRIZE is provided "as is", with no guarantees or warranties from Silicon Ro Inc. or any other individuals or entities associated with this drawing. Winner is advised to consult a professional tax advisor. No express warranties are given and no affirmation of the Sponsor by words and/or actions will constitute a warranty.

All entries become the property of the Game and will not be returned.

GENERAL TERMS AND CONDITIONS

The $20,000.00 Cash Education Raffle is a drawing of chance.

Void where prohibited by law.

By entering this drawing, the entrant agrees to be bound by these rules and regulations and the decisions of the Sponsor shall be final.

Neither the Sponsor, nor any of its subsidiaries, affiliated companies, franchises, service agencies, officers, directors, shareholders, members, representatives, or independent contractors, or any of its affiliates are responsible for any injuries, losses, or damages of anything arising in connection with or as a result of the Winner's acceptance or use of the Grand Prize.

Ticket purchasers, by participating (and the Winner, by accepting the Grand Prize), agree to defend, indemnify, and hold harmless(Silicon Ro Foundation) Silicon Ro, Inc. and its respective directors, committee members, volunteers, partners, employees, vendors, agents, representatives, sponsors, service agencies, and independent contractors, and each of their respective directors, officers, partners, employees, and agents, including advertising, public relations, marketing/promotion agencies, from any and all liability (losses, damages, rights, claims, and actions of any kind) with respect to and arising from participation in the promotion, acceptance, and/or possession or use of the Grand Prize awarded and also acknowledge that they did not receive any representations, warranty or guarantee, express or implied, in fact or in law, relative to any prize, including but not limited to its quality, mechanical condition, or fitness.

Ticket purchase is not necessary in this game of chance. You must be a Florida resident to receive a confirmation of a free ticket. Please send your written request to Andrew Molnar, Silicon Ro Foundation, 4318 Murdock Ave Sarasota, Florida 34231. In order to receive a ticket confirmation you must show proof of Florida residency, please include legible copies of any one of the following: Florida driver's license, Florida state-issued ID card (must have Florida address), Current utility statement with your name and Florida address along with a corresponding picture ID, Florida voter's registration card with corresponding picture ID, A college ID for a Florida college, Florida-based military ID, along with your written request and prepaid self-addressed envelope. Failure to meet these requirements will result in non-receipt of ticket.(Silicon Ro Foundation) Silicon Ro, Inc. is not responsible for lost or stolen mail. Limit one ticket per person.

Any liability of the Sponsor shall be limited to Ticket donation made and in the case of any dispute, the decision of(Silicon Ro Foundation) Silicon Ro, Inc. shall be final.

The $20,000.00 Cash Education Raffle is sponsored by(Silicon Ro Foundation) Silicon Ro, Inc. (Sponsor, or(Silicon Ro Foundation) Silicon Ro, Inc.), which is a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code. Net proceeds of the $20,000.00 Cash Education Raffle become the property of(Silicon Ro Foundation) Silicon Ro, Inc. The $20,000.00 Cash Education Raffle is being held in part in order to provide support and funding to Silicon Ro Foundation's GEO Fund (Global Education Outreach). All personal information collected by and during the Raffle will be used for administration of the Raffle. Neither the Raffle Sponsor nor any of its affiliates will share, sell, or otherwise distribute personal information collected for this Raffle except as stated above.

ANY CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THE CONTRACT, OR THE BREACH THEREOF, SHALL BE SETTLED BY BINDING ARBITRATION ADMINISTERED BY THE AMERICAN ARBITRATION ASSOCIATEION (PURSUANT TO ITS EXPEDITED PROCEDURES) UNDER ITS COMMERCIAL ARBITRATION RULES, AND JUDGMENT ON THE AWARD RENDERED BY THE ARBITRATOR MAY BE ENTERED IN THE SUPERIOR COURT FOR THE COUNTY OF SARASOTA COUNTY, FLORIDA, WHICH SHALL HAVE EXCLUSIVE JURISDICTION THEREOF.

Registration with the State of Florida:
By letter from The Florida Department of Agriculture, (Silicon Ro Foundation) Silicon Ro, Inc. has registered with the Consumer Services Office under Registration Number # CH34840. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800-435-7352) WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE.

Sponsor
Sponsored by: Silicon Ro, Inc 4318 Murdock Ave Sarasota, FL 34231 which is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Net proceeds will be used to benefit Silicon Ro, Inc's GEO Fund. For more information, please visit Silicon Ro Foundation's
GEO Fund