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Quote:
Originally Posted by sanford
The Early Ford V-8 Museum is raffling off a 2018 Ford F-150. It’s valued up to $55,000. In lieu of the F-150, the winner can choose $40,000 in cash. 2nd Prize is $2,000 and 3rd Prize is $1,000. Only 1200 tickets will be sold! The tickets cost $100 each. The drawing will be when all 1200 tickets are sold or Nov. 1, 2018, whichever comes first.
This is a very important fund-raiser for the Museum which is undergoing a huge expansion. With only 1200 tickets and 3 prizes, the odds are pretty good!
Details and a page of rules can be found on the website: www.fordv8foundation.org
For tickets, call the Museum at (260) 927-8022 or visit the website. There you can download an
information form to mail in with your check or credit card info. |
when you receive a prize like that in the states at least, you pay taxes on the fair market value of the vehicle when you recieve it. so, if you win a truck with an msrp of 55k today, but don't actually receive the truck until say january of 2019 then the actual value of the truck at the time of receipt is what they tax you on.