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One thing I didn't see in the legalese, if the winner wants to order something more than the $103K allocated, I assume they would just pay the difference themselves? Just wanted to clarify.
Hi, @wdolson,
YES you can definitely kick in extra if you want. I think in that scenario neither you nor CXC would owe anything extra, because it's you putting in your own money rather than an increase in the size of the win/gift, but of course we'd all want to check with our various lawyers and accountants to make sure of that. Bottom line for CXC would be that CXC only pays the taxes as outlined in the raffle details; we will not be doing any extra tax payments to account for anything extra you want to add to the car configuration, if it were somehow to turn out that extra taxes were required (ick).
I doubt any extra taxes would be owed because the winner would be contributing money they already paid taxes on through their income. I can also consult my SO who is a lawyer, though she doesn't do tax law, she is one of the best legal researchers around.
Thanks for the quick answer!
I would just like the cash to pay off the two Teslas I already have.:wink:
Does anyone know how many tickets sold so far?
Hi, @brucet999,
Obviously, I have that data but at this point am choosing not to disclose it. I may put it out there much later, e.g., in late November or early December. No promises, though.
Also, if/when I do publish that information, I'll do it on the raffle website itself, so that everybody can see it at the same time. It doesn't seem fair to me to disclose that kind of information in only one forum, and there are too many places now where people are discussing this thing for me to keep track.
Ask me a different question... hopefully you can see from this thread that I'm happy to engage/respond.
Thanks,
Alan
OK, do we know yet that there will be enough tickets sold for the Tesla prize to be awarded to someone?.
I'm in! Great raffle and a great cause. And the drawing is on my birthday! Hoping for the absolute best birthday present in history!
I did not click on this thread until today because I had previously misread the title and was not interested by a discussion about the recipe of the perfect Tesla waffle.
Alan,
This sounds like it's going to be really successful for you guys. Have you given any thought of doing more "perfect Tesla raffles" in the future?