Bill's Ring of Hope Raffle
Entry Deadline: 11:00 AM ET on Friday, November 22, 2013
Drawing Date: Friday, November 22, 2013
- Winner will receive two time Hall of Famer Bill Sharman's original 2010 NBA Championship Ring (The ring features two Larry O'Brien trophies representing the back to back titles made from a custom batch of 16KT gold and the final score of the Lakers 83-79 game seven victory over the Boston Celtics is represented on the side of the ring in scoreboard fashion.)
- Winner and guest will enjoy premium seats to an LA Lakers game
- Winner will receive a travel allowance of $4,000 (if needed, if used) to put towards airfare, hotel and ground transportation for winner and guest
- Winner will receive a cash prize in the amount of $8,146.25 to mitigate the Winner's tax liability that results from winning the raffle. This prize is withheld and paid, on behalf of the Winner, directly to the IRS ($6,860.00) and the Commonwealth of Massachusetts ($1,286.25)
Proceeds Benefit: Toberman Neighborhood Center, Angel's Nest, Public Counsel, James Worthy Foundation, Lakers Youth Foundation, Providence TrinityCare Hospice Foundation, West Coast Sports Medicine Foundation and Xcel University
Toberman Neighborhood Center’s mission is a commitment to assisting Harbor Area families and individuals by delivering life-changing services that encourage, inform, educate and empower them to live healthy and purposeful lives. Proceeds from the Ring of Hope raffle will also benefit the Angel's Nest, Public Counsel, James Worthy Foundation, Lakers Youth Foundation, Providence TrinityCare Hospice Foundation, West Coast Sports Medicine Foundation and Xcel University.
netRaffle.org is a patented business model designed to provide Fans access to "Never in Lifetime type Prizes" while helping celebrities to raise funds to support their charitable causes. Direct expenses amount to approximately 8.5% of the minimum $10.00 transaction and 5% of the $25.00 average transaction. Leaving between 86.5 and 90% for charity after the 5% Massachusetts Charitable Gaming Tax is paid.
Also, for your peace of mind, rest assured that CFC uses PCI compliant state of the art security, including secure routers, to process your transaction and does not store any of your confidential credit card information so that your transactions are fully secure.
While this experience of a lifetime is priceless, the fair market value of the tangible prizes (e.g., as applicable in any given raffle, hotel, travel, meals, tickets, taxes, etc.) is $24,500.00. Also, Winner will be notified and does not need to be present at the drawing to Win.