Dream Home FAQ
Dream Home tickets are $100 for each ticket.
Who is eligible to participate?
Must be a U.S. resident and 18 years of age or older (21 years of age or older in Arizona) to participate and to win any prize. Employees of ALSAC/St. Jude and their immediate families are not eligible to participate. Media sponsors, their employees and their immediate families are not eligible to win any prize.
What are the odds of winning?
Odds of winning a prize are dependent on the available tickets for sale. Usually chances of winning a prize are 1 in 500.
If I win one of the other prizes am I still eligible to win the Dream Home?
Yes. All other prizes will be drawn first then those winners will be returned to the hopper for the final drawing of the house.
How long will it take to get my receipt?
Ticket receipts will be mailed within 2 to 3 weeks of reservation.
Do I have to be present to win?
No, you do not have to be present to win or have your ticket confirmation with you. Winners will be announced by name, not ticket number.
How will I be notified?
In addition to an attempt to contact the winner by phone the day of the drawing, each winner will be notified in writing in a Winner Notification Agreement, which will be sent by certified mail, return receipt U.S. Mail to the address provided by that winner at the time of ticket reservation. Each winner will have seven days from the date of his/her receipt of the Winner Notification Agreement to accept the prize by executing and returning the Winner Notification Agreement and accept the prize "as is".
Will I receive something in the mail for tax purposes or to claim as a deduction?
Yes, you will receive a receipt in the mail. For legal reasons, the actual ticket must remain with St. Jude and go in the hopper. Because you are paying for a chance in a charitable raffle, Dream Home tickets are NOT tax deductible.
What are the taxes on the house and what do I have to do if I win it?
The IRS has adopted the position that the $100 ticket price is not deductible as a charitable donation for Federal income tax purposes. The IRS requires that taxes on prizes valued greater than $5,000 must be paid upon acceptance and before SJCRH may deliver the prize to the winner. Winners are encouraged to consult a tax professional. The taxes on the home are the responsibility of the winner. The IRS requires ALSAC/St. Jude to collect the taxes before the transfer of property. Winners will be issued 1099s for the fair market or appraised value of the prizes they win. Winners should consult with their CPA as to specifics.
How much of the proceeds actually go to St. Jude Children’s Research Hospital?
All of the proceeds go directly to St. Jude.