TERMS & CONDITIONS
NCMC Foundation 2021 Raffle
Thank you for supporting North Caddo Medical Center Foundation’s 2021 Cash Prize Raffle. Prizes consist of $25,000, $10,000, $5,000, $2,500, $1,000, and Gift Card, valued at $1,500, to Wooldridge Cattle Company for a Half Cow Processed. The prizes listed are before taxes. The following terms and conditions apply:
A ticket represents a chance to win the opportunity to accept an offer of the stated prize on these terms and conditions and, upon winning, those in the “Winner Notification Agreement,” the terms of which are hereby incorporated by reference. If you hold a ticket or a receipt, your ticket has been entered in the raffle, subject to these terms and conditions. Winning tickets shall be selected by random drawing, and all participants have an equal opportunity to win. Tickets, receipts, and the winner’s rights are not transferable. Purchase of this ticket constitutes full agreement by the purchaser that he/she agrees with all terms and conditions set forth herein. Winners need not be present at the drawing. All sales of raffle tickets are final, and there shall be no refunds.
Winners agree to accept all prizes in an “as is, where is” condition, subject to all latent and patent conditions, with absolutely no express or implied warranties of any kind by North Caddo Medical Center Foundation.
Each winner will be notified, via USPS certified mail, return receipt required to the address provided by the winner. Each winner will have seven (7) days from the date of receipt of the certified letter to accept the prize by executing and returning the Winner Notification Agreement pursuant to the terms stated therein. Failure to execute and return the Winner Notification Agreement and accept the prize “as is,” timely, and pursuant to the terms stated in the Winner Notification Agreement, will automatically result in forfeiture of the prize, with no substitution or alternative prize available to the original winner. In the event of forfeiture, the next winner that was selected will be awarded the prize, in addition to the prize awarded to that winner.
Prizes will not be awarded and will be deemed forfeited if the winner’s ticket was issued in exchange for a check returned for “insufficient funds” or for a credit card charge deemed “declined,” “invalid,” or “stolen.”
Prizes may not be substituted or exchanged by winner. North Caddo Medical Center Foundation may substitute a prize of equal or greater value should a featured prize become unavailable. Restrictions may apply to some prizes.
Please seek advice from your CPA about eligibility of tax deductions for raffle participation with a 501(c)3 organization.
North Caddo Medical Center Foundation does not rent or sell its donor or supporter list information to third parties. Winners shall have no rights in prizes until the prize is fully and unconditionally accepted by the winner as evidenced by the timely execution and return of the Winner Notification Agreement and until complete delivery of the prize is made to the winner. All prizes remain the sole property of North Caddo Medical Center Foundation until unconditionally accepted “as is, where is” by the winner.
Acceptance of a prize is permission for North Caddo Medical Center to use the names, pictures, video, images, and relevant quotes of all winners and agreement that the prizes will not be used for further fundraising.
Winners of all prizes are subject to all Federal and State income taxes and all other taxes payable due to their acceptance of their prize and the law, regulations, procedures, rules, and directives applicable to raffles. All federal, state, and local laws relating to the transfer, ownership, or use of the prizes apply. Prizes shall not be transferred until all legal requirements have been met. The IRS requires that taxes on prizes valued greater than $5,000 must be paid upon acceptance and before North Caddo Medical Center Foundation may deliver the prize to the winner. Winners are encouraged to consult a tax professional. All cash prizes over $5,000 will be paid net of a 25% income tax withholding. All winners will receive a W2G indicating the amount of their winnings that must be filed on their individual tax returns. All withheld amounts will be indicated on the W2G, as well.
If there is more than one name on an entry, the prize will be awarded to the first name listed on the entry as the winner, so long as that person is 18 years old or older and a U.S. resident. It is the winner’s sole responsibility in a multiple party entry to allocate any prize among the participant in the multiple party entry.
The determinations of North Caddo Medical Center Foundation and its Board of Volunteers are final and binding with respect to any matter arising out of the interpretation or application of these terms and conditions. North Caddo Medical Center Foundation maintains no control of the personnel, equipment or operations at any supplier and assumes no responsibility for any financial loss, personal injury, property damage, other loss, accident, delay, inconvenience or irregularity which winners may experience by reason of (1) performance or non-performance of any supplier; (2) wrongful, careless, negligent, or unauthorized acts or omissions on the part of any supplier or its employees, or on the part of any other party not under the control of North Caddo Medical Center Foundation; (3) any defect, breakdown or other failure of any aircraft, train, automobile, ship, accommodation, or other equipment or instrumentality owned, operated, or otherwise used by a supplier or; (4) any acts of God, acts or omission of third parties, damage or loss associated with any terrorist activities, social or labor unrest, mechanical or construction failures, disease, local laws, climatic conditions, or other conditions or developments. North Caddo Medical Center Foundation shall in no event be liable for special or consequential damages arising from the use or ownership of any prizes. Participants hereby release North Caddo Medical Center Foundation from any such claims when purchasing a ticket.
Must be a U.S. Resident and 18 years of age or older to participate and win any prize.
Void where prohibited by law.
*Prizes before taxes.