onestopview.com » lottery winning odds http://blog.onestopview.com Mon, 01 Feb 2010 15:15:38 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Sell my house by a raffle. http://blog.onestopview.com/sell-my-house-by-a-raffle.html http://blog.onestopview.com/sell-my-house-by-a-raffle.html#comments Tue, 27 Jan 2009 19:42:33 +0000 onestopview http://blog.onestopview.com/?p=82 It is increasing becoming a popular way to sell you house. Simply raffle off tickets and draw a lucky winning number once you have sold enough tickets to pay for the value of your house

Auction websites such as Ebay are seeing more and more ’sell my house by raffle’ listings. If you think of it, your chances of winning the lottery each week is practically zero, ie 1 in 13,983,816!!! Now if you buy a raffle ticket to a house a house say at £15, 15 times a lottery ticket price and the value of the house is say £150,000 your chances of winning are immensley reduced to 1 in 15,000. so to sum up the chances of winning a lottery that could change your life:

Lottery ticket priced at £1 gives you 1 in 13,983,816 of winning the jackpot.

House sale lottery ticket valued at £150,000 at £15 ticket price gives you 1 in 15,000 of winning the jackpot.

For me, buying lottery tickets to potentially win a house is sound common sense and serves you a better chance of changing your life than a lottery ticket.

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