THE DEBT STRATEGY: MONEY Making Ideas - Holding a raffle
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- čas přidán 18. 04. 2013
- This is a quick money maker idea to help you bring in cash-flow to your family. This clip is about doing a raffle - Raffle off something that brings in some cash!
Don't be broke or worried that you can't pay the bills - create an opportunity for yourself. You are only limited by your creativity & your motivation!
DISCLAIMER: Please check with your state laws when it comes to raffles. Some states don't allow them at all and some require a permit. You are also supposed to report earnings beyond $599. Here is only one resource to learn about your laws. Please check all of the appropriate sources to ensure you are following the law in your state.
www.ehow.com/about_4600483_raf...
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Hi, I'm Kristy Chase with The Debt Strategy. Do you know that you are paying WAY more on your mortgage, your car loans, student loans & credit cards than you have to? The money you are paying in interest - is FREE money you're giving to the bank. You don't have to do it the way the banks have planned. You can wipe out your debts faster, using a new system & Strategy - without refinancing. And NO... it's not debt consolidation or any crazy program. You don't need a LOC or anything that requires credit. It's a simple plan that will help you wipe out the money you owe on your bills so quickly, that it makes the interest just disappear.
Check out more here: TheDebtRX.com
THE PROBLEM:
Many people don't have enough money to save for retirement. And the secret - is that you're spending it all on your debt and interest. Get rid of those payments and then put that money into saving for your future.
I LOVE helping people. If just one of my money making ideas helps or inspires you to go earn some extra money, then it was worth it. Feel free to reach out to me for more details, to share a money making idea that you have or to find out how you can wipe out your debt in 1/2 to 1/3 the time of your regular loans. Imagine paying off your 30 year mortgage in 10 or 12 years. Imagine instead of paying off your debt in 20 or 30 years, alternatively you have $500,000 in a savings account - saved by the time the bank simply has you making your last payment! I do this and more.
Email: Kristy@TheDebtStrategy.com
Love the idea! Clever!
Love it!
Good Video, I like the way your mind takes you to endless oppertunities and ideas.
And thank you for making this video such good info
thank you for the idea Kristy. I will try to draw up plans for this kind of event.
Great idea kristy..
Careful. This can be illegal in some states because it can be considered gambling. The online part is especially risky. You mentioned California, if anyone there bought in then it broke state laws there and you and the buyer can be charged
thanks
Thank you so much. I'm going to try Facebook. God bless.
i looked it up an online raffle is legal if you are licensed with the Gambling Commission
It is against Paypal Policy to use paypal to pay or accept money for raffles.
1) what happens if you dont sell out all tickets by event/drawing date? do you wait till you sell them all or take a loss on unsold tickets?
2) how are you tagging the raffle numbers online when folks buy raffle tickets? do they pay you then you email them a number? or is each transaction already associated price with raffle number as a line item?
Try not setting time frame's instead focus on selling all the tickets than announce the date of the raffle
boom!
Good
🔥🔥🔥🔥
What are you saying the reward is? Just cash? And so you jus draw a ticket like tht ?
Great idea!! but how will they get their raffle ticket when they pay thru paypal which is such safe way of doing it just wondering lol
+fatima xoxo - Great question! I would probably create a downloadable pdf or image of a specific ticket so that they would have something tangible. I would email it to them after they pay via paypal, of course.
it is against Paypal policy to pay for raffles through Paypal
An online raffle is illegal in EVERY state.
Not in the Uk ...
Not if you have a NPO
How did you give people tickets though when you did an event on facebook?
I'm trying to do a raffle to raise money to bring my mom back home for a Reunion. She has Alzheimers and I want her to see her family one last time together and they live in Pennsylvania and she lives with me in Georgia. Thanks.
Hope it’s going as planned brother🙏🏽💯
I just got the idea of raffling off my timeshare 7 night stay $25 a ticket it's in Las Vegas at the grandview at Las Vegas resort the week is from sept 10th-17th. Normally a $250 nightly price stay.
Is this true?
@@apontepaintingllc2982 yea I'm here now
If its still on youtube its legal. So its ok as long as you are better your life and others
Don't you have to be a total non-profit to do this legally??
Not necessarily, but check local laws. This type of raffle would be illegal in the UK, where raffles fall under the Gambling Commission, this is not one of the permitted forms of private raffle. Also, giving a discount incentive to purchase more tickets, as she states in the video, is illegal in UK (although often practised).
its illegal in texas unless all the money is donated
Illegal in every state
Yes, this I totally illegal. Many more regulations besides just being a non profit organization.
@@johnnyllooddte3415 I think there are ways around it. I used to work in an oil company near houston area and was bombarded every week with 'buy this ticket to win this', 'help this church do this buy bidding on golf clubs', it was never ending so somehow there are ways around it
Why did you stop making videos?
That’s a really good question Jonquez. I was distracted by life changes and at the time, didn’t think there was much interest. But I see now that there is a lot of interest in the info.
This would be completely illegal in Louisiana.
The law says online raffles are illegal which I feel is stupid.
Whats funny, well more aggravating, is the mafia used to do 'pick 3 numbers', aka playin the numba's, which we know as a lotto. The government made it 'illegal' and only they can sell you 'numba's tickets now' in the form of scratch off's, mega millions, and powerball.. very messed up.. It's like who are they to say " People can't give you money if they want to"? know what i mean?
Awesome video, very positive will def share.
Writing a book in healthy life styles perhaps you would consider giving an acredited contribution
:-)
Raffles are ILLEGAL unless you're a licensed Non Profit organization. And 90% of the proceeds has to go to the charity. You can't keep the money for yourself.
what law are you referring to? Can you site the law or are you just speaking what you heard?
That is not true check your local laws
@@ethanbast7 It depends on the laws where he lives. With different states having different laws it is totally possible that in some places "raffels are illegal unless" .... like Matty Bo Batty said.
But who cares lol smh
@@MYNXXX804 just don’t get caught... unless you like paying fines
The video is still here, then it's legal
I wanted to do this a few years back however I was told it's illegal. How did you get around not having a 503b? I would love to do this.
Hi, it is illegal to raise money for your own benefit, but you can raise money for charity, this is the way cash for cars and many professional fundraisers operate. I started a nonprofit in 2012 and we are just starting to do fundraising, other than writing grants, but you can legally raise funds for any nonprofit or good cause without breaking any laws!
@@kenbarnett8189 Thanks for reply, So as long as I'm raising the funds for (Insert non-profit) I can have raffles or lotto's? I don't myself have to be a non-profit? I understand you are not giving legal advice and you have no liability btw, I'm just doing this for informational purposes :)
my understanding is there is a 90/10 deal where 10% can be used to fund the prizes and costs and 90% goes to the cause. Most don't register their raffle but I think it's illegal if u don't even though most don't but their too small to mess with??
@@e2U I just think it's a great way to do something good and also make money, i just need to iron out a good worthy cause and figure out the legal aspects of it.
@@BornOfAsh So what's your plan, and how much money are you ready to make available to get you there? It's simple, but each state has its own laws and in CA they are about the toughest as they don't want the competition to their lottery scams? haha...you know legal bribery, the lobbyist system/construct. what are you thinking and maybe I can help?
you didn’t have time. but you went around selling tickets. ?? great idea don’t get me wrong good on ya.
17madracki17 - I don’t know what you mean by I don’t have time but I sold tickets. To what are you referring?
I talk to people where ever I am, it’s no real effort to strike up a discussion. At the time I did this, I worked at a Children’s foundation where all of the employees were focused on children. It was easy to talk about it.
The 50% you get will pay for your bail to get you out of jail.
You are advising people to commit a crime.
What crime?
😲 soooo illegal 🚫
It is illegal. You will need a license to do so.
This was illegal, she is not a non profit, the school could legally hold a raffle not an individual.
It really all depends on the state you are in. The legalities change from state to state so making broad claims of the law makes you sound ignorant. Actually look up your states regulations and then post.
Yep, that’s gambling and it’s illegal.
great idea, openly claim you want to help others so you can secretly just help yourself. Yeah, I need $700 so I'll spend tons of cash getting the prize, and getting tickets, etc. then I'll pray on peoples desire to help " a cause" and then I can cash in on that. I, get that, I donated it in my name, you know because all that cash came from me. She makes raffles and things to that nature really dirty and bad. Plus who is stupid enough to buy a raffle ticket in a parking lot ? That's asking to get scammed. I bet she won that raffle as well or someone in her close circle of friends. I don't know if she said, I couldn't listen any longer. Did anyone win that prize? Was there really a prize? I'm doing a video telling you I scammed tons of people and sound really proud of myself about it.
@@KristyLyyn wow, didn't expect to get a response. Curious, there were many comments that made note of the shady nature of this idea, why pick mine to comment on? Just curious. Plus really liked how you tried to keep the response positive while chastising me for my view, good job. I didn't miss the part where you said the school said they loved it, I heard that. I don't care one way or the other about what you did, none of my business, didn't get any of my money so none of my affair. I appreciate the guidance you offer to use my time better but I am very happy with how I spend my time. I truly was interested in the gaw / raffle idea on youtube till I found that is is illegal to hold raffles on the platform or at least very tricky. I just happen to click on yours and after watching and listening to your advice, honestly you make it sound so shady and dishonest, if I am being truthful. You and this video was, however, very helpful in my research and I thank you for that. I wasn't being hateful, in my view, just honest. I know that when people disagree in view it is seen as hateful when the true word to use is honest. I don't give a rats behind what you do and how you do it, Live and let live in my view but when you post on a social platform like YT getting counter views of yours is 100% guaranteed, don't get defensive with it just roll with the punches. Nothing I stated was for an intent to anger it was all my personal view of what I heard in that video. You have a wonderful life and enjoy as well.
so you donated 50% to charity...
ok red cross and most charities donate 90% to charity..i ll pass
this is illegal in texas unless all the money is donated
im not trying to imply youre a bad person.. you did a great thing...its legal in some places and illegal in some places..its illegal here..be careful
That sounds all well and good the the American Red cross does such a good job in their charities but the Red Cross does not donate baseballs to little leagues. Most organized large charities do not help local needs. This type of thing, if legal, would help schools and other local charities.
johnny llooddte lololol no they don’t
90% after they pay for advertisement and salary of the CEO. Non-profits are allowed to make a salary...even several hundred thousand dollar a year salary.
Let's say your saleing an item and you tell people to put $20 to join and only one person wins, and the rest lose isn't that stealing.
I would assume no since nobody is forcing them to use their own money to win that item.
Ever heard of the lottery?
Noooooooo! Illegal
This is very bad advice!!!
You’re going to jail.