Home › Forums › Closed Forums › Properties or Areas › Address of Ronald McDonald house
- This topic has 5 replies, 5 voices, and was last updated 8 years, 4 months ago by spdrun.
January 10, 2015 at 10:19 AM #21368January 10, 2015 at 1:20 PM #781847CoronitaParticipant
If you do win the grand prize, you have choice between the house or a cash prize.
The way it works, is someone trying to sell their McMansion gives RMH the right to market that house at the list price. Most people who win, however, end up taking the cash prize.January 10, 2015 at 4:36 PM #781852MayzeParticipantJanuary 10, 2015 at 8:23 PM #781860moneymakerParticipant
Thank You Mayze , I really loved the virtual tour. Unfortunately I also just realized that Uncle Sam would want some tax money and that’s the part I wouldn’t be able to afford.January 18, 2015 at 11:19 AM #782144phasterParticipant
[quote=moneymaker]Anybody know the address so i can look up the taxes on Zillow to see if I can afford to win. Have always considered entering but never have.[/quote]
money raised goes for a good “local” cause, and when you look at the math (i.e. the odds of winning something (1 in 50))
it seems if one is inclined to gamble a bit for entertainment, the $150 entry isn’t a bad trade off in the hopes to win this years McMansion prize
personally if I win the grand prize, I’d take the “cash” option and invest most of it as well as give some of it away to various charities (which in a way could be thought of as investing in society)January 18, 2015 at 11:21 AM #782145spdrunParticipant
Invest in youself first. Give income, not assets to society.
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