Cheo 50/50 Review
CHEO 50/50 is a fundraising initiative by the CHEO Foundation to support the Children’s Hospital of Eastern Ontario (CHEO), a pediatric health and research center in Ottawa, Canada. By buying a CHEO 50/50 ticket, you can win half of the cash jackpot, while the other half goes to help the kids at CHEO. The more tickets sold, the higher the jackpot will grow. Last year’s winner took home over $1 million!
The CHEO 50/50 draw is held annually, usually in April or May. The final deadline to buy tickets for this year’s draw is midnight, Friday, April 28, 2023. The final draw will be on Wednesday, May 3, 2023. There are also early bird draws for smaller cash prizes before the final draw.
How to Play CHEO 50/50
To play CHEO 50/50, you need to follow these steps:
- You must be 18 years or older and be in the province of Ontario at the time of purchase.
- You must visit the CHEO 50/50 website 2 and choose the number of tickets you want to buy. You can buy 10 tickets for $25, 30 tickets for $50, 100 tickets for $100, or 200 tickets for $1751.
- Fill out your personal and payment information and complete your purchase online. You will receive your CHEO 50/50 ticket numbers by email. You can also buy tickets by phone at 1-877-562-54371.
- Check the jackpot value on the website and see how much money you could win. The jackpot will grow as more tickets are sold. The grand prize winner will take home half of the jackpot2. Last year’s winner took home over $1 million!
- Wait for the draw dates and see if you are a lucky winner. There are two early bird draws for smaller cash prizes that take place before the final draw. The first early bird draw is on Thursday, March 30, 2023, and the second early bird draw is on Thursday, April 13, 2023. The final draw for the 50/50 prize is on Wednesday, May 3, 2023. The winning numbers will be posted on the website the day after each draw.
People can get CHEO 50/50 tickets in two ways:
- Online: People can visit the CHEO 50/50 website and choose the number of tickets they want to buy. They can buy 10 tickets for $25, 30 tickets for $50, 100 tickets for $100, or 200 tickets for $1752. They need to fill out their personal and payment information and complete their purchase online. They will receive their CHEO 50/50 ticket numbers by email.
- By phone: Alternatively, you can call 1-877-562-5437 and order their tickets by phone. You will need to provide their personal and payment information over the phone. You will receive their CHEO 50/50 ticket numbers by email.
The deadline for CHEO 50/50 draw date 2023 was midnight, Friday, April 28, 20231. The final draw was on Wednesday, May 3, 2023.
Cheo 50/50 Prizes and Odds
The CHEO 50/50 offers a variety of prizes and the odds of winning depend on the number of tickets sold. Here are some details about the prizes and odds:
- Grand Prize: The grand prize winner will take home half of the jackpot. The jackpot amount grows as more tickets are sold, and there’s no limit to how high it can go. Last year’s winner took home over $1 million.
- Early Bird Prizes: There are early bird draws for additional cash prizes. For example, three lucky winners won $5,000 each in the first early bird draw, and one winner won a $10,000 cash prize in the second early bird draw.
The odds of winning are not fixed and change with the total number of tickets sold. Since the draw is a raffle, the more tickets you buy, the better your chances of winning. However, the exact odds can only be determined once the final number of tickets sold is known.
Remember, by participating in CHEO 50/50, you’re not only getting a chance to win big but also supporting the children and youth at CHEO to live their best lives. It’s a win-win situation for everyone involved!
Some Information for Cheo 50/50 Winners
Some things CHEO 50/50 winners should know about are:
- How to claim their prize: Winners must have the original winning ticket number and photo identification in order to claim their prize. They have six months from the draw date to claim their prize.
- How to check the winning numbers: The winning numbers will be posted on the CHEO 50/50 website the day after each draw. The winners will also receive a call informing them of the prize they have won.
- How to deal with taxes: The CHEO 50/50 prizes are tax-free in Canada, so the winners do not need to pay taxes on their winnings4. However, they may need to report their winnings to the Canada Revenue Agency (CRA) as income, depending on their personal situation. They should consult a tax professional for advice on how to handle their winnings.
Can You Play Cheo 50/50 Online?
Yes, you can play CHEO 50/50 online. According to the rules of play, tickets will be available online at cheo5050.ca. Tickets will be sold using an electronic raffle system supplied by Canadian Bank Note Company, Limited.
Why You Should Play CHEO 50/50
You can support a good cause and help the children and youth at CHEO to live their best lives
You can have a chance to win big and change your life
Why You Shouldn’t Play CHEO 50/50
CHEO 50/50 has one main draw per year
Is CHEO 50/50 Legit?
CHEO 50/50 seems to be a legitimate fundraising initiative by the CHEO Foundation to support the Children’s Hospital of Eastern Ontario (CHEO), a pediatric health and research center in Ottawa, Canada. The CHEO 50/50 has a license number from the Alcohol and Gaming Commission of Ontario (AGCO) and follows the rules of play for the raffle. The CHEO 50/50 also announces the winners of the draws on their website and social media and provides contact information for the organizers. The CHEO 50/50 has been running since 2019 and has raised millions of dollars for the kids at CHEO.
However, as with any online transaction, you should be careful and responsible when buying tickets for the CHEO 50/50. You should only buy tickets from the official website.