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The Silver Sage Raffle is being conducted by Bandera County Committee on Aging, Inc., DBA, The Silver Sage, a non-profit 501(c)3 organization under the laws of the State of Texas.

Only 2,000 Tickets shall be sold. Tickets shall be numbered 1 – 2,000.

Tickets shall be sold from 8:00am May 24, 2024 through... 

Ticket purchaser must be 18 years of age or older to participate. There is no limit to the number of tickets a person may purchase.

The Silver Sage Board members, employees, and their spouses are not eligible to participate in this raffle.

Raffle tickets are $50.00 each. Raffle tickets may be purchased online or in person by cash, checks or money order (made payable to The Silver Sage). By IRS declaration, ticket purchases for valuable prizes are not eligible for charitable tax deductions.

Tickets may be purchased by the following methods:   In Person at The Silver Sage and local events,  Online at www.silversage.org

Odds of winning are 3:2,000.

Prizes. Three Tickets will be drawn.

First Ticket will receive the 2024 Massimo T-Boss 550 4WD UTV with wench, dump bed, camo design, and touch screen.     Estimated value $10,000.00

Second Ticket will receive the Deer Package including a Big Daddy solar/battery powered 500# deer corn feeder, a Big Daddy solar/battery powered 700# deer corn feeder, and 1,000 pounds of deer corn.    Estimated value $2,000.00 

Third Ticket will receive the BBQ Package including a Weber G28 36,000 BTU Gas Griddle, a Char Broil Vertical Gas Smoker 595, Weber Premium Tool Set, Weber Griddle Essentials Set, and 4 Premium Rib Eye Steaks.     Estimated value $1,000.00   

Drawing will be held...to be determined. The drawing will be held live on the Silver Sage Facebook page. The winners will be determined by random drawing. 

Winners need not be present to win. Winners will be notified via phone, email, and certified return receipt mail within 7 days of the drawing, and will be posted on the Silver Sage website. Prize must be claimed within 30 days of drawing. Any unclaimed prize after that date will constitute forfeiture and be transferred to The Silver Sage as a donation.

Reporting Raffle Prizes “Raffle” Defined: In general, a raffle is considered a form of lottery. As such, a raffle generally refers to a method for the distribution of prizes among persons who have paid for a chance to win such prizes, usually determined by the numbers, or symbols, on tickets drawn. Generally, an exempt organization must report raffle prizes if (a) the amount paid reduced, at the exempt organization’s option, by the wager (the amount a person paid for the chance to win a prize), is $600 or more; and (b) the payout is at least 300 times the amount of the wager. The organization uses Form W-2G for this report. Example 1: Wendy purchased a $1 ticket for a raffle conducted by X, an exempt organization. On October 31, 2004, the drawing was held and Wendy won $900. X must file Form W-2G with the IRS and give a copy of Form W-2G to Wendy. A person receiving gambling winnings must furnish the exempt organization a statement on Form 5754 made under penalties of perjury stating his or her identity and the identity of any others entitled to the winnings (and their shares of the winnings.) When the person receiving winnings is not the actual winner, or is a member of a group of two or more winners on a single ticket, the recipient must furnish the exempt organization information listed on Form 5754, Statement by Person(s) Receiving Gambling Winnings, and the organization must file Forms W-2G based on that information. The organization must keep Form 5754 for four years and make it available for IRS inspection. (See the specific instructions for Form 5754 for more information.) The exempt organization must file Forms W-2G with the IRS by the last day of February of the year after the year of the raffle. Use Form 1096, Annual Summary and Transmittal of U.S. Information Returns, to transmit Forms W-2G to the IRS. 

The organization must also issue Forms W-2G to prize recipients by January 31 of the year after the year of the raffle.

The Silver Sage, its Board of Directors, and its agents assume no liability for lost, misdirected, mutilated, incomplete, illegible, or entries without payment which will be deemed invalid and disqualified.

The decisions of The Board of Directors of The Silver Sage are final on all matters concerning the raffle.

Void where prohibited by law. A copy of these rules is posted at www.silversage.org.