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Nebraska Football Academy and Duteau Chevrolet / Subaru have teamed up to raffle this beautiful 2010 Chevy Corvette. Proceeds go towards the Abbotts Sports Complex Scholarship Program.
Raffle Tickets are $100 with a maximum of 5 tickets per transaction. To increase the odds of winning there will ONLY be 2000 tickets sold. Raffle ends October 1st with the drawing taking place October 10th at Abbott sports Complex.
Tickets can be purchased at the following locations:
Abbott Sports Complex: 7600 North 70th St. Lincoln, NE 68517
DuTeau Chevrolet Subaru: 7300 South 27th Street Lincoln, NE 68512
You can also purchase tickets by contacting Heath Hupp (402) 304-3422
Lincoln Sports Foundation Corvette Raffle Rules and Regulations
1. You must be 18 years of age to purchase a Raffle Ticket.
2. The cost of each Raffle Ticket is U.S. $100.00.
3. Each Raffle Ticket purchaser must provide the Lincoln Sports Foundation with their Raffle Ticket number, name, address and telephone number at the time of the Raffle Ticket purchase.
4. There will be a maximum of 2,000 Raffle Tickets sold and no one individual can purchase more than 5 Raffle Tickets.
5. A minimum of 600 Raffle Tickets must be sold or the Raffle Prize will not be awarded and the Raffle Ticket Holders will have their Raffle Ticket cost refunded within 30 days of the Drawing Date.
6. All Employees and Board Members of the Lincoln Sports Foundation and their immediate family members will not be eligible to purchase Raffle Tickets.
7. All proceeds from the Raffle will go to the Lincoln Sports Foundation’s Scholarship Program.
8. If the Raffle Ticket purchaser pays for the Raffle Ticket with a personal check and there are not sufficient funds in the Raffle Ticket purchaser’s bank account to clear the check, their purchase of the Raffle Ticket will be voided and they will not be notified by the Lincoln Sports Foundation that their
check did not clear the bank.
9. Entries must be received by October 1, 2010. The Drawing will be held October 10, 2010. The Drawing will be held at the Nebraska Tennis Center at 12:00 noon on the October 10, 2010 and the individual drawing the winning Raffle Ticket will be an individual who was not eligible to purchase a
Raffle Ticket. The winner of the Raffle does not have to be present to win.
10. The winner of the Raffle will be required to pay the Lincoln Sports Foundation for the Federal and State withholding taxes set by law for Lotteries on the Fair Market Value of the Corvette. The winner of the Raffle will receive Form W-2G in January of 2011 reflecting the Fair Market Value of the
Corvette and the Federal and State withholding taxes paid on the Corvette. The winner of the Raffle will be required to provide their tax identification number to the Lincoln Sports Foundation or be subject to backup withholding.
11. The winner of the Raffle will be responsible for claiming the Corvette and the transportation costs of the Corvette to their desired location.
12. If the winner of the Raffle fails to claim the Corvette or does not pay the required Federal and State withholding taxes set by law for lotteries, within 90 days of receiving notification that they have won the Raffle, the Corvette will be Donated to the Lincoln Sports Foundation and will be sold with the proceeds deposited into the Lincoln Sports Foundation’s Scholarship Program.
13. The winner of the Raffle will be responsible for all taxes and licenses required by state and local government in order to operate the Corvette on local, state and federal roads and highways.
State ID# 35-9278656
