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2023-2024 LABC Car Raffle: Terms and Conditions - The Lake Athletic Booster Club (LABC), a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, is conducting 2023 Car Raffle to raise funds for charitable purposes. The rules and regulations of the raffle are set forth below. By purchasing a raffle ticket, the purchaser agrees to be bound by these rules and regulations. LABC’s interpretation and application of these rules and regulations shall be final. The drawing for the raffle will be held on April 29th, 2023. Tickets will not be sold after April 29th, 2023. The drawing will be held at the 2023 LABC Reverse Raffle, but the winner does not need to be present to win. The chances of winning are based on the number of tickets sold. The Internal Revenue Service (IRS) has taken the position that amounts paid for chances in raffles, lotteries or similar drawings for valuable prizes are not gifts, and consequently do not qualify as deductible charitable contributions. The prize winner shall assume all fees, local, state and federal taxes, sales tax, and/or financing costs which must be paid prior to the car being transferred to the winner. LABC takes no responsibility for any tax liabilities or costs. Consult your tax advisor. This offer is void where prohibited by law, and all federal, state, and local laws and regulations apply. By entering this raffle, entrants accept and agree (1) to be bound by all the rules, limitations and restrictions set forth here and (2) that their names and/or likenesses may be disclosed to and may otherwise be used by LABC for publicity purposes, including, but not limited to newspaper, email, social media, and LABC or related websites. Other rules and regulations may apply. Please contact LABC if you have questions. LABC’s interpretation and application of the rules and regulations shall be final. By entering this raffle, each participant releases LABC, its directors, officers, and agents from any and all liability for injuries, losses or damages of any kind caused by participating in the raffle or winning the car or resulting from acceptance, possession, use or misuse of the prize, and the winner agrees to indemnify and hold LABC harmless from any and all losses, damages, rights, claims and actions of any kind rising in connection with or as a result of participating in the raffle or the winner’s acceptance or use of the prize. Tickets: Individual raffle tickets are $10 each. Only one name is permitted per ticket. Only one eligible person may be entered in the raffle per ticket sold. If the name of more than one person is submitted with a ticket purchase, and that ticket is selected as a winning ticket, then the person named first will be deemed the holder of record of that ticket and declared the winner. All raffle tickets must be received and/or purchased by the indicated deadline. LABC assumes no responsibility for any failure to receive raffle tickets or prior to the drawing deadlines. A raffle participant’s sole and exclusive remedy for LABC’s breach shall be limited to the return of the purchase price paid for his or her raffle ticket(s). In no event shall LABC, its directors, officers, agents or representatives be liable to any party for any loss or injuries to earnings, profits or goodwill, or for any incidental, special, punitive or consequential damages of any person or entity whether arising in contract, tort or otherwise, even if advised of the possibility of such damages. How to Purchase: An individual can purchase as many raffle tickets as he or she may wish, subject to availability. Tickets may be purchased directly from LABC, individual athletics teams, or at a variety of community events throughout the year. Tickets may be paid for via cash or check. No refunds will be made except under the following circumstances: any ticket order with payment received after April 29th, 2023, will be returned. No other refunds are available except in the exclusive discretion of LABC. LABC assumes no responsibility for lost, late, misdirected, or any other failure to receive orders prior to the drawing deadline. Selection of Winners:  The car raffle drawing will be held on April 29th, 2023, from all eligible raffle tickets. Winners need not be present to win. The winner will be notified according to the contact information provided to LABC at the time of ticket purchase. If the prize winner cannot be located by 11:59pm., May 29th, 2023, after making a reasonable attempt to make contact through the information provided at the time of purchasing the raffle ticket, another winner will be selected for such prize. Should the winner not claim their prize within 90 days of the drawing date, the prize will be forfeited and another winner will not be selected. The winner’s name will be posted on the LABC website. In order to collect his or her prize, a raffle ticket winner may be required to sign and deliver to LABC: (a) a sworn affidavit of eligibility in accordance with these rules and applicable law, including without limitation that he or she is at least 18 years old at the time of the drawing. winning (b) such written information as is required by any applicable tax and/or real estate laws, including without limitation his or her Social Security Number; (c) proof of identity in forms satisfactory to the LABC showing that the person claiming the prize is the same person who is named on the winning Raffle ticket.; and (d) the winning raffle ticket stub. The prize winner may be required to submit a W-2G, Form 5754 or similar tax form (provided by LABC) for tax withholding purposes. Prizes not collected by July 29th, 2023 will be forfeited and another prize winner will not be selected. Winning Odds: The odds of winning a prize will depend on the number of raffle tickets sold. If fewer tickets are sold, the chance of winning the prize improves.  Eligibility: Anyone 18 years of age or older at the time of the raffle drawing may enter. All federal, state, and local laws and regulations apply. The raffle is void where prohibited or restricted by law. An affidavit of eligibility may be required from prize winners. Prize: The prize is a 2023 Chevrolet Trailblazer. In leu of the vehicle, the winner may select a $20,000 cash option. The prize winner must make an election in writing no later than 11:59pm, May 29th, 2023. The vehicle comes base model factory equipped and the winner is also solely responsible for any and all state or local title, registration, or other fees associated with the vehicle, as well as insurance (proof of which must be shown prior to delivery) and pickup or delivery costs at the dealership. The vehicle is subject to availability at the Schoner Chevrolet and may be substituted with a comparable vehicle. Prize Drawing: A manual, blind draw, of all raffle participants will be held on April 29th, 2023 at the 2023 LABC Reverse Raffle. General Terms and Conditions:  The car, will be transferred to the prize winner “as is, where is, and with all faults”. LABC does not make or provide any representation, guarantee or warranty, expressed or implied, in connection with the car and accepts no liability or responsibility regarding the construction or condition of the car. LABC does not warrant that the car is of mercantile quality or that it can be used for any particular purpose.  No express warranties are given and no affirmation of LABC by words and/or actions will constitute a warranty.  LABC makes no guarantee that the Internal Revenue Service (IRS) will accept that value of the car for the purpose of determining any income tax that may be due from the winner. LABC takes no responsibility for any tax liabilities. Consult your tax advisor. By purchasing a raffle ticket and choosing to participate in the raffle, each raffle participant acknowledges and agrees that LABC has the right, in its sole discretion, to elect not to proceed with the raffle for any reason whatsoever or for no reason, and in such event, a participant’s sole and exclusive remedy shall be to receive a refund of the full price paid by such participant for each raffle ticket purchased, without interest.