To supplement donations collected from its general community solicitation, Tri-Cities
United Charities holds an Annual Lottery Sweepstakes. In this year’s sweepstakes,
United Charities is offering a grand prize of $1,000,000 to a single winning ticket holder.
A total of 10,000 tickets have been printed, and United Charities plans to sell all the
tickets at a price of $150 each.
Since its inception, the Sweepstakes has attracted area-wide interest, and United
Charities has always been able to meet its sales target. However, in the unlikely event
that it might fail to sell a sufficient number of tickets to cover the grand prize, United
Charities has reserved the right to cancel the Sweepstakes and to refund the price of
the tickets to holders.
In recent years, a fairly active secondary market for tickets has developed. This year,
buying–selling prices have varied between $75 and $95 before stabilizing at about $90.
When the tickets first went on sale this year, multimillionaire Phil N. Tropic, wellknown
in Tri-Cities civic circles as a generous but sometimes eccentric donor, bought
one of the tickets from United Charities, paying $150 cash.
To supplement donations collected from its general community solicitation, Tri-CitiesUnited Charities holds an Annual Lottery Sweepstakes. In this year’s sweepstakes,United Charities is offering a grand prize of $1,000,000 to a single winning ticket holder.A total of 10,000 tickets have been printed, and United Charities plans to sell all thetickets at a price of $150 each.Since its inception, the Sweepstakes has attracted area-wide interest, and UnitedCharities has always been able to meet its sales target. However, in the unlikely eventthat it might fail to sell a sufficient number of tickets to cover the grand prize, UnitedCharities has reserved the right to cancel the Sweepstakes and to refund the price ofthe tickets to holders.In recent years, a fairly active secondary market for tickets has developed. This year,buying–selling prices have varied between $75 and $95 before stabilizing at about $90.When the tickets first went on sale this year, multimillionaire Phil N. Tropic, wellknownin Tri-Cities civic circles as a generous but sometimes eccentric donor, boughtone of the tickets from United Charities, paying $150 cash.
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