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SPECIAL OLYMPICS WASHINGTON

Enhanced Raffle Rules 2024

Special Olympics Washington, a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, is conducting this raffle pursuant to SB 5723, Washington Administrative Code 230-03-152, to raise funds for ongoing charitable purposes. The Rules and Regulations of the Special Olympics Washington raffle are set forth below. By purchasing a raffle ticket, the purchaser agrees to be bound by these rules and regulations. Special Olympics Washington's interpretation and application of the rules and regulations shall be final.

The 2024 Dream House Raffle will start on January 22, 2024. The Grand Prize Drawing for Special Olympics Washington Dream House Raffle will be held on Friday, May 10, 2024, at the Special Olympics Washington office at: 2815 2nd Ave, Suite 370, Seattle, WA, 98121. All drawings will be held at 2815 2nd Ave, Suite 370, Seattle, WA, 98121. Tickets will not be sold after April 26, 2024. Tickets may sell out before that time. An independent raffle auditor will supervise the drawing. The drawing for prizes may be open to the public, but the winner does not need to be present to win.

Only 85,000 tickets will be sold. The chances of winning are based on that number. If fewer tickets are sold, the chances of winning the Grand Prize and other prizes improve. The 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.

Prize winners assume all fees, local, state, and federal taxes (including but not limited to income taxes based on the value of the prize). Likewise, there may be federal taxes and state and/or local tax consequences if winners select alternate cash prizes (See Prizes section below). Special Olympics Washington takes no responsibility for any tax liabilities. 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 used by the news media and may otherwise be used by Special Olympics Washington for publicity purposes and in lists of prize winners to be published in area newspapers and announced on the Special Olympics Washington raffle website. Special Olympics Washington will provide purchasers with all raffle information as required by WAC 230-11-015. Other rules and regulations may apply. Please contact Special Olympics Washington if you have questions. Special Olympics Washington's interpretation and application of the rules and regulations shall be final.

By entering this raffle, each participant releases Special Olympics Washington, its directors, officers, employees and agents from any and all liability for injuries, losses or damages of any kind caused by participating in the raffle or winning any prize or resulting from acceptance, possession, use or misuse of any prize, and each winner agrees to indemnify and hold Special Olympics Washington 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 any prize.

Special Olympics Washington will provide a "Q&A" document that will be given to potential ticket purchasers and be prominently displayed on the Dream House Raffle website: www.PugetSoundRaffle.com.

Tickets:

Only one method of payment, one name, and one mailing address are permitted per ticket or ticket pack. 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 regardless of who paid for the ticket. Division of prize by a group purchasing a ticket in common shall be the sole responsibility of the person named as the holder of record of that ticket, should that ticket be selected as a winner.

Tickets will be available for purchase starting January 22, 2024.

Tickets purchased by February 2, 2024, will be eligible for the Appreciation Drawing - $1,000 cash (drawing date: February 16, 2024), the Early Bird 1 Drawing - Mercedes Sprinter Van Custom Conversion, a Rivian R1S, or $100,000 cash (drawing date: March 8, 2024), the Early Bird 2 Drawing - Tesla Model Y, a Toyota Tacoma, or $50,000 cash (drawing date: April 5, 2024), and the Grand Prize Drawing (drawing date: May 10, 2024).

Tickets purchased by February 23, 2024 will be eligible for the Early Bird 1 Drawing - Mercedes Sprinter Van Custom Conversion, a Rivian R1S, or $100,000 cash (drawing date: March 8, 2024), the Early Bird 2 Drawing - Tesla Model Y, a Toyota Tacoma, or $50,000 cash (drawing date: April 5, 2024), and the Grand Prize Drawing (drawing date: May 10, 2024).

Tickets Purchased by March 22, 2024 will be eligible for the Early Bird 2 Drawing - Tesla Model Y, a Toyota Tacoma, or $50,000 cash (drawing date: April 5, 2024), and the Grand Prize Drawing (drawing date: May 10, 2024).

All such tickets, including all winning tickets from the Appreciation Drawing and the Early Bird Drawings, will be included in applicable subsequent drawings as well as the Grand Prize drawing. Tickets purchased by April 26, 2024, will be eligible for the Grand Prize drawing (drawing date: May 10, 2024).

New to 2024: In addition, raffle participants who purchase at least one raffle ticket are eligible to purchase a Weekly Add-On ticket which provides entry into any remaining Weekly Add-On Drawings and a $100,000 Add-On ticket which provides entry into the $100,000 Add-On drawing.

Weekly Add-On tickets are one for $25, 3-pack for $60 or 6-pack for $100. $100,000 Add-On tickets are one for $25, 3-pack for $60 or 6-pack for $100. Rules for purchasing Add-On tickets are as follows:

Special Olympics Washington reserves the right to reject any entry form that is submitted with payment that does not constitute "good funds." All defective or physically altered entry forms will be immediately disqualified by Special Olympics Washington. Prior to the Grand Prize drawing, Special Olympics Washington will make a reasonable effort to notify the individual and/or entity that submits such an entry form or one which has been rejected because the credit card or check did not clear that the entry has been rejected by attempting to make contact through the information provided at the time of submitting the purchase request. All orders for tickets for the Weekly-Add On drawings, Appreciation drawings, and Early Bird drawings must be received and/or purchased by the indicated deadlines. Any orders received after these deadlines will be held for the subsequent drawings, if applicable and Grand Prize drawing. Special Olympics Washington assumes no responsibility for lost, late, misdirected, or non-delivered mail or fax messages, or any other failure to receive orders or deliver receipts prior to the drawing deadlines.

A raffle participant's sole and exclusive remedy for Special Olympics Washington's breach shall be limited to the return of the purchase price paid for his or her raffle ticket(s). In no event shall Special Olympics Washington, its directors, officers, employees, 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:

To purchase tickets: use the order form provided and fax the order form to (206) 361-8158, or you may mail it to Special Olympics Washington Dream House Raffle, 2815 2nd Avenue, Suite 370 Seattle, WA, 98121 or call 877-740-9633, providing your name, address, phone number, email address for confirmation along with your credit card number, credit card security code and expiration date. Tickets cannot be purchased on the raffle website or by email. Any entry form submitted by email will be rejected. You may also purchase tickets in person at Special Olympics Washington: 2815 2nd Avenue, Suite 370, Seattle, WA 98121. All entries must include payment by cash, check, money order or credit card in US dollars. Special Olympics Washington reserves the right to reject any entry form that is submitted with payment that does not constitute "good funds." No refunds will be made except under the following circumstances: any ticket order with payment received after 85,000 tickets have been sold or after April 26, 2024, will be returned. No other refunds are available except at the exclusive discretion of Special Olympics Washington. Special Olympics Washington assumes no responsibility for lost, late, misdirected, or non-delivered mail or fax messages, or any other failure to receive orders or deliver receipts prior to the drawing deadlines.

Selection of Winners:

The Special Olympics Washington Dream House Raffle Grand Prize drawing will be held on May 10, 2024, from all eligible raffle tickets. Winners need not be present to win. In addition to the Grand Prize drawing, Special Olympics Washington will conduct the following additional drawings:

All drawings will take place at the Special Olympics Washington office: 2815 2nd Avenue, Suite 370, Seattle, WA, 98121.

Winners will be notified according to the contact information provided to Special Olympics Washington at the time of ticket purchase. In addition to the list of winners posted on the Special Olympics Washington raffle web site (PugetSoundRaffle.com), a list of winners may be obtained from Special Olympics Washington or by sending a self-addressed, stamped envelope to Special Olympics Washington Dream House Raffle, 2815 2nd Avenue, Suite 370, Seattle, WA, 98121 within one week of the drawing.

In order to collect prizes valued $5,000 or more, a ticket winner must sign and deliver to Special Olympics Washington: (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; (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 Special Olympics Washington showing that the person claiming the prize is the same person who is named on the winning raffle ticket.; and (d) the winning ticket stub. Winners of prizes of $5,000 or more may be required to submit a W-2G, Form 5754 or similar tax form (provided by Special Olympics Washington) for tax withholding purposes. There are a total of 4,250 prizes for the Grand Prize drawing.

Winning Odds:

The odds of winning a prize will depend on the number of tickets sold. If all 85,000 tickets are sold the odds of winning the Grand Prize is 1 in 85,000. If fewer tickets are sold, the chance of winning the Grand Prize, Early Bird Prizes and all secondary prizes improves. The odds to win a prize are no less than 1 in 20.

Eligibility:

Anyone 18 years of age or older may enter. Special Olympics Washington employees, members of the Board of Directors, authorized agents and employees thereof, consultants, attorneys, independent accountant firm, and their spouses and children living in the same household are excluded from participating and are not eligible to win a prize. 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.

Prizes:

The Grand Prize is the home located within the Puget Sound area of Washington, and a detailed description will be referred to in all raffle materials. Alternatively, the Grand Prize winner may elect to receive an annuity of $4,000,000 paid over 20 years or a one-time $2,800,000 cash payment (except as stated below) based on 84,000 tickets sold. The Grand Prize winner must make an election in writing between the house (value $9 million), the annuity, or the one-time cash payment no later than 5:00 p.m. May 24, 2024.

In the event of circumstances outside of the control of Special Olympics Washington such as but not limited to: fire, earthquake, foreclosure and as determined by Special Olympics Washington, the Grand Prize winner will instead have no election as stated above and will instead have an election between an annuity of $4,000,000 paid over 20 years or a onetime $2,800,000 cash payment (except as stated below). A minimum of 84,000 tickets must be sold by April 26, 2024, for the Grand Prize Winner to have a choice of the House, the annuity of $4,000,000 paid over 20 years, or a onetime $2,800,000 cash payment alternate prize. If fewer than 84,000 tickets are sold by April 24, 2024, the raffle will be held as scheduled, and prizes will be awarded as advertised with the exception that the Grand Prize Winner will receive a choice between sum equal to 50% of the Net Raffle Proceeds paid as an annuity over 20 years, not to exceed $4,000,000 or a onetime cash payment of 70% of the annuity value, not to exceed $2,800,000. Net Raffle Proceeds will be calculated based on Special Olympics Washington accounting, which shall be final and conclusive with respect to the Grand Prize Winner. For these purposes "Net Raffle Proceeds" are defined as the balance of funds left after paying all other prizes, all raffle expenses and all expenses for the House. Special Olympics Washington will estimate the final prize ("Estimate Prize") just prior to the Grand Prize drawing so as to award 90% of the estimated prize payment. No later than 120 days from the drawing date, Special Olympics Washington will verify that all expenses have been accounted for and a final Net amount will be calculated ("Actual Prize"). Special Olympics Washington will issue a final check to the Grand Prize Winner based on the difference between the Actual Prize and the Estimated Prize payment along with an updated W-2G.

All vehicles come as base model factory equipped unless otherwise noted on the raffle website. Winner(s) are responsible for all state or local license, title, registration, taxes, or 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 as well as any non-standard options chosen by the winner and negotiated with the dealership. All contracted vehicles are subject to availability at the automobile dealer and may be selected by Special Olympics Washington and may be substituted with a comparable vehicle by Special Olympics Washington or with the cash alternate prize.

Vacation travel is as noted on the raffle website. Please note that vacation travel is for land only and does not include airfare unless otherwise noted on the raffle website. All vacation and travel prizes are subject to space and availability. All gratuities, taxes and fees are the responsibility of the winner. Winners of travel related prizes must comply with all applicable requirements and restrictions related to said prizes including without limitation applicable travel dates, age restrictions, liability waivers, travel documentation and reservation and confirmation procedures. All vacations are subject to availability and may be substituted with a comparable vacation prize or with a cash alternate prize.

All unclaimed prizes will be returned to Special Olympics Washington 60 days after the Grand Prize drawing date.

Appreciation Drawing:

Prize: $1,000 cash (Value: $1,000)

Early Bird 1 Drawing:

Winner's choice between a Mercedes Sprinter Van Custom Conversion, a Rivian R1S, or $100,000 cash* (Value: $100,000)

Early Bird 2 Drawing:

Winner's choice between a Tesla Model Y, a Toyota Tacoma, or $50,000 cash* (Value: $50,000)

Weekly Add-On Drawing:

Prizes: 12 - $10,000 cash* prizes awarded over 9 weeks (Value: $120,000)

$100,000 Add-On Drawing:

Prize: $100,000 cash

Grand Prize Drawing

Grand Prize:
The $9 million Dream House or $4,000,000 annuity or $2,800,000 cash option*
2nd Prize:
Vacation in Australia (12 days) or $10,000 cash*
3rd Prize:
Vacation in Costa Rica (6 days) or $5,000 cash*
4th Prize:
Vacation in Bhutan (10 days) or $5,000 cash*
5th Prize:
Vacation in Iceland (8 days) or $5,000 cash*
6th Prize:
Vacation in India and Nepal (17 days) or $5,000 cash*
7th Prize:
Vacation in Mongolia (14 days) or $5,000 cash*
8th Prize:
Vacation in Portugal and Spain (15 days) or $5,000 cash*
9th Prize:
Vacation in Southern Africa (11 days) or $5,000 cash*
10th Prize:
Vacation in Holland and Belgium River Cruise (8 days) or $5,000 cash*

*Except as stated above

11th Prize:
Seattle Mariner Tickets or $1,000 cash
12th Prize:
Seattle Kraken Tickets or $1,000 cash
13th Prize:
Seattle Seahawks Tickets or $1,000 cash
Prizes 14-20:
$1,000 gift cards
Prizes 21-40:
$500 gift cards
Prizes 41-70:
$250 gift cards
Prizes 71-110:
$100 gift cards
Prizes 111-2,410:
$50 gift cards
Prizes 2,411-4,250:
$25 gift cards

Gift card winners (14-4,250) will be notified via email and will have a choice between receiving a gift card from one of the following brands:

General Terms and Conditions:

No express warranties are given and no affirmation of Special Olympics Washington by words and/or actions will constitute a warranty. The House, if selected, will be transferred to the Grand Prize Winner "as is, where is, and with all faults." Special Olympics Washington does not provide any guarantee or warranty, expressed or implied, in connection with the House and accepts no liability or responsibility regarding the construction or condition of the House. Special Olympics Washington does not warrant that the house is of mercantile quality or that it can be used for any particular purpose. No express warranties are given and no affirmation of SOWA by words and/or actions will constitute a warranty.

At the time of closing, all federal and state income taxes based on the value of the House will be due from the Grand Prize winner. If the Grand Prize winner selects the annuity or the one-time cash payment as well as winners of Early Bird prizes, Add-On prizes, and secondary prizes of $5,000 or more, all appropriate and required federal and state taxes will be withheld by Special Olympics Washington in accordance with federal and state law and Special Olympics Washington will remit the balance of the cash prizes to the winners. Special Olympics Washington makes no guarantee that the Grand Prize Winner will be able to sell the House for the value of $9 million dollars nor is there any guarantee that the Internal Revenue Service (IRS) will accept that value of the house for the purpose of determining any income tax that may be due from the winner. Special Olympics Washington takes no responsibility for any tax liabilities. Consult your tax advisor.

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 Association (pursuant to its expedited procedures) under its Commercial Arbitration Rules, and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof.

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