Kids Prosper Kids Golf Cart Raffle 2018
OFFICIAL CONTEST RULES
Participant agrees that:
These Official Rules & Regulations govern the conduct of the raffle and, together with the decisions of Kids Prosper Kids (Hereinafter “KPK”) are binding on everyone who purchases a raffle entry and/or who is named on a raffle entry. The KPK Golf Cart Raffle is a fundraising activity in support of the KPK conducted by its members. These Official Contest Rules may not be waived, modified or supplemented unless such waiver, modification or supplementation ls made in writing by KPK.
GRAND PRIZE DRAWING: The Grand Prize drawing for the KPK Golf Cart Raffle will be held on Sunday, October 14, 2018, at approximately 6:00 p.m. at Light Farms Elementary School, located at 1100 Canyon Creek Drive, Celina, Texas 75009. This date and all other dates stated in these rules may be extended at the absolute discretion of the KPK.
There are a limited number of 200 entries available for this raffle. Entries can be purchased as outlined or until all 200 entries are sold.
Entries purchased by mail or on line must be received before 11:59 pm CDT, Saturday October 13, 2018. Entries may be purchased at the KPK 2018 Color Splash Fun Run event until approximately 5:00 pm, October 14, 2018. The winning entry will be drawn at random from a box containing all eligible raffle entries. The contest is are open to the public and the participant drawn does not have to be present at the time of the drawing to win.
ENTRY PURCHASE: Entry purchase can be made in one of two ways:
Single entry purchase is $100.
BOGO entry purchase is $150 (one entry at regular price of $100 and get a second entry for $50).
Entry purchase is considered complete at date/time of transaction. Subsequent entry purchases can be made according to these two options only. This means that if any participant purchases a single entry under one transaction, they cannot make a subsequent purchase, at a later date, via a separate transaction for the BOGO offer of $50 for the second entry.
GRAND PRIZE: KPK does not undertake to give advice on the legal or tax consequences of the raffle, or its winner. However, it understands that the IRS position is 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 Grand Prize winner assumes and must pay all fees and charges (Including, but not limited to, tags license), income taxes, local, state and federal taxes when the cart is transferred to the winner. In addition, all costs of cart ownership, such as (without limitation) insurance, are the Grand Prize winner’s sole responsibility. KPK assumes no responsibility for a prizewinner’s tax obligations and suggests WINNER consult their tax advisor. Forms W-2G & 941 will be filed with the Internal Revenue Service to report the value of the prize won. The winner will also receive a copy of these forms. This offer is void where prohibited by law and all federal, state and local laws and regulations apply.
The Grand Prize Winner is strongly advised to seek professional legal or tax advice. Award of the Grand Prize could have material adverse consequences on the Grand Prize winner including, without limitation, with respect to taxes, income, government entitlements or other benefits, or other legal, financial or other matters. The Grand Prize is a Club Cart Precedent, to be purchased at EXCESSIVE CARTS, INC., Prosper, Texas.
Depictions of the cart shown in any print or digital informational materials on the KPK website may not represent the exact cart being delivered to recipient.
By participating in this raffle, alt entry purchasers and the person named on each raffle entry 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 KPK, for publicity purposes and naming of the prize winner to be published in area newspapers or other media including television, radio, web and print. The prize winner will be published on the KPK website. KPK interpretation and application of the rules and regulations shall be final.
By participating in this raffle, each participant releases KPK and each of its respective directors, officers, employees and agents from any and all liability for injuries, losses or damages of any kind, including, but not limited to , liability for injuries , losses, or damages arising from or caused by any prize or resulting from acceptance, possession, use or misuse of any prize, and each winner agrees to indemnify and hold KPK and each of their respective directors, officers, employees and agents harmless from any and all losses, damages, costs, expenses, rights, claims and actions of any kind arising in connection with or as a result of the winner’s acceptance or use of any prize.
ELIGIBILITY: Raffle entry purchasers and the person named on a raffle entry must be at least 18 years of age at the time of purchase.
The cart, when selected, will be transferred to the Grand Prize winner in “AS IS, WHERE IS” condition by EXCESSIVE CARTS, INC. KPK and EXCESSIVE CARTS, INC. do not provide any guarantee or warranty, expressed or implied, in connection with the cart. KPK and EXCESSIVE CARTS, INC. accepts no liability or responsibility regarding the manufacturing or condition of the cart. No warranties, express or implied, are made or offered by KPK or EXCESSIVE CARTS, INC.
CART VALUE: The retail value of the Club Cart Precedent is $6,500. The Internal Revenue Service accept that value of the cart or any other value for the purpose of determining any income tax that may be payable by the Grand Prize winner.
REFUNDS: All raffle entry sales are final.
ENTRYS: Single entry purchase is $100. BOGO entry purchase is $150 (one entry at regular price of $100 and get a second entry for $50). Entries may be purchased solely from KPK or its agents. Participant may buy as many entries as he/she wishes, subject to availability. Each raffle entry will be entered separately in the drawing. Each raffle entry is a separate and equal chance to win the Club Cart Precedent.
GRAND PRIZE WINNER: Winner notification will be selected and announced at the KPK 2018 Color Splash Fun Run Event. The selected recipient does not have to be present at the time of drawing to win. The winner will need to provide proper identification to the satisfaction of KPK. A representative of KPK and EXCESSIVE CARTS, INC. will assist in coordinating all the details with the winner regarding the delivery, tags and registration of the Club Cart Precedent. Winner agrees to the use of his/her name, photograph or videotape likeness and statements for publicity purposes by KPK and EXCESSIVE CARTS, INC. and agrees to sign a publicity release without any further compensation.