2021 FORD RANGER RAFFLE OFFICIAL RULES
Collin County Community College District Foundation, Inc.
COORDINATING NON-PROFIT ENTITY: The Collin County Community College District Foundation, Inc. (“Foundation”) is a Texas non-profit corporation. The Foundation undertakes several fundraising activities each year for its designated purposes.
RAFFLE GENERAL INFORMATION: The Foundation’s 2021 Ford Ranger Raffle (hereinafter, the “Raffle”) begins when Raffle tickets become available for purchase at 8:00 AM (Central Daylight Time) on Monday, October 24, 2022. The prices of the Raffle tickets are: (1) $50 per ticket; or (2) $100 for 3 tickets. The total amount of Raffle tickets sold is 2,500. No limit of ticket purchases by one person. Eligible persons may purchase Raffle tickets in person at the Foundation’s office, located at 3452 Spur 399, Suite 429 McKinney, TX 75069. Raffle tickets will be available for purchase until 5 PM (Central Standard Time) on December 6, 2022 or when all 2,500 Raffle tickets sell out, whichever is earlier. The Raffle ends when the holder of the winning ticket (the “Winner”) is selected by chance at the Collin College Technical Campus (2550 Bending Branch Way, Allen, TX 75013) on December 8, 2022 at 12pm (Central Standard Time).
PURPOSE: Proceeds from the purchase of Raffle tickets will fund scholarships the Foundation awards to deserving students of Collin County Community College District (“Collin College”).
RAFFLE PRIZE/ VEHICLE DESCRIPTION: The Raffle prize is one 2021 Ford Ranger XL 4-door Pickup [Extended Cab; Short bed; Current mileage: approx. 118 miles; Exterior color: Cactus Gray; Interior trim: Ebony; Front & back bumpers; 4-cylinder gas turbo 2.3; 10-speed Automatic; Ford Co-Pilot 360; Trailer Tow package; 110 AC Power Outlet; Reverse Sensing System; STX Appearance Package. Slight damage to rear end has been repaired by Collin College Collision Technology Department and students.] (the “Vehicle” or the “Prize”).
ESTIMATED VALUE OF RAFFLE PRIZE: Estimated value of the Prize is $30,250. Raffle Winner is responsible for payment of all vehicle taxes in the amount provided below.
ELIGIBILILTY: The Raffle is open to legal residents of the State of Texas only. Entrants must be: (1) 18 years of age or older before December 8, 2022; and, (2) a licensed driver possessing a valid Texas driver’s license. Employees of the Foundation are not eligible and should not participate in The Raffle. The Raffle is subject to applicable federal, state, and local laws and regulations and is void where prohibited.
WINNER SELECTION AND RESPONSIBILTY: The “Winner” will be chosen live at the Collin College Technical Campus (2550 Bending Branch Way, Allen, TX 75013) on December 8, 2022 12pm (the “Drawing Date”). The Winner does not need to be present to win. The Foundation will notify the Winner via email or by telephone on December 8, 2022. The Winner will be required to present the following in order to claim the Prize: (1) the ticket receipt for the winning Raffle ticket; and, (2) positive identification for verification. Winner is responsible for securing all required tags, title, registration (transfer), and insurance related to the Prize. Winner is responsible for payment of all costs, fees, and/or liability associated therewith. Winner must complete and sign Forms W-9 and W-2G prior to delivery of the Prize. Raffle ticket price is not tax deductible or refundable.
TAX PAYMENT: The Prize has an MSRP of $30,250. This amount, less $50.00 cost of winning raffle ticket, is taxable income to the Winner. Prior to delivery, Winner must remit a lump sum cash payment of $7,248 to satisfy 24% of U.S. income tax withholding.
CLAIM: Vehicle cannot be converted to cash. Winner must claim Prize and pay the tax payment by December 16, 2022. In the event that the Winner elects not to claim or accept the Prize on that date, the Foundation will hold a second, separate raffle for the Vehicle on a date to be determined on or before January 6, 2023. In the event the Winner elects not to claim or accept the Prize again, the Foundation will take all steps necessary to notify all other ticket purchasers of that fact and return all money received from ticket purchasers within thirty days of the second drawing.
GENERAL CONDITIONS AND INDEMNITY AND RELEASE: The Raffle is subject to all applicable federal, state and local laws. By purchasing a ticket and entering this Raffle, each and every entrant (1) agrees to indemnify, release and hold harmless Collin County Community College District (Collin College) and the Collin College Foundation, their Board members, employees, agents, and affiliates from any and all losses, damages, rights, claims and actions of any kind in connection with the Raffle; (2) agrees to be fully and completely bound by these official Raffle Rules; (3) agrees to indemnify, release and hold harmless Collin College and the Collin College Foundation from any and all liability for any loss, harm, damages, costs or expenses, including without limitation property damages, personal injury and/or death arising out of participating in this Raffle, or the delivery, acceptance, possession, use or misuse of the Prize/Vehicle, and, (4) Eligibility, age and claims made by the Winner are all subject to verification by the Foundation. The Foundation reserves the right at its sole discretion to disqualify any individual who: (1) tampers or attempts to tamper with the entry process or the operation of the Raffle or (2) violates these official Raffle Rules.
SPECIAL ACKNOWLEGEMENTS: The Foundation would like to give special thanks to Mr. Joe Marek for his incredible generosity to Collin College students. Collision Technology professor, Raven Hartkopf, and the talented students of the Collin College Collision Technology program, and Bob Tomes Ford of McKinney, Texas for part donations.
*** If for any reason the Raffle is not completed and the Prize is not awarded on the approved Drawing Date, the Foundation will take all steps necessary to notify ticket purchasers of that fact and return all money received from ticket purchasers within thirty days. ***