Tesla Raffle (ending 2-13-20)

Tesla Raffle (ending 2-13-20)

Win a Tesla! Build your own Tesla (up to $195,000 value includes taxes).

Second prize of $10,000
Third Prize of $5000

Maximum 4000 tickets sold at $250 each.


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Obviously some profit is built in for whoever is running the raffle. But you could buy tickets equal to the full $200k prize value, and still have less than a 25% chance of winning anything. That’s ridiculously bad value, and very profitable for the organizer.


It’s a non-profit, the value proposition is that you’re funding the organization not that you get a decent expected return on your ticket.