Catch the Ace Lottery

Catch the Ace progressive (accumulation jackpot) raffle lottery is a multiple draw game in which participants purchase tickets for a chance to win:

A percentage of the proceeds from the sale of tickets for one draw and;
The draw winner also gets a chance to win a progressive (cumulative) jackpot by selecting a new card from a standard deck of 52 playing cards

20% of event tickets sales awarded to the bearer of the winning ticket at each draw
30% of event tickets sales allocated to the progressive jackpot
50% of event tickets sales retaining by the licensee and from which all allowable expenses will be paid

A $10,000 Letter of Credit or certified cheque is to be submitted with the complete application.
If prize board goes above the $10,000 – an amendment will have to be made in $10,000.00 increments to the Letter of Credit to a maximum of $30,000.00
Licence fee is 3% of total prize value – due after the final draw- at the time Letter of Credit or Certified cheque will be returned to Organization
Example of tickets sales – Maximum gross sales is $1923.00 per event – regardless of price of ticket – (at $2 total tickets sold would be 961)
Should have contingency plan – if snow storm, power outage, etc.
5 Business days for any amendments – to be submitted in writing only
Cannot run in conjunction with any other draw – only cash calendars or Blanket Raffles are allowed to run in conjunction with Catch the Ace.
No other lottery sales at the place of draw. i.e. Charity cannot sell Nevada tickets/meat raffles same night the Catch the Ace draw is taking place.
Maximum tickets per person must be in rules of play
If draw becomes larger more details could be required for security and exit strategy
Rip tickets sold only at day of event
Stub tickets can be sold in advance

Prize Structure