Princess Margaret Home Lottery Review
A lottery with an impressive name like Princess Margaret Home Lottery sounds like something fun to try and it is! The Canadian lotto was set up to support a good cause and today; it enables players to win a beautiful house and 1 million dollars for a total maximum prize of 5 million dollars. If this doesn’t sound good enough, additional prizes are available in the form of vacations, cars, travel and VIP prizes.
The Princess Margaret Home Lottery was set up years ago in Ontario, Canada to fund cancer research and support to patient care. Some folks got the idea that the builders could put up some homes and retailers could donate other assets to raise funds. This is not so much a lottery as sweepstakes that people buy tickets for. It’s not a cheap one at $100 a ticket; at the same time, it has excellent odds. Why would you want to play? Let’s take a look.
When to Play Princess Margaret Home Lottery?
The Princess Margaret Home Lottery is an annual sweepstake with a heap of the lead up early draw prizes.
In 2017, ticket sales will end by November. There are multiple individual drawings, each one producing a specific prize.
Loyalty tickets, for example, can be bought until September 1, 2017. The loyalty draw will be held on September 13. VIP prize ticket sales will be concluded on September 15, and the drawing will take place on September 23. There will also be a bonus draw (October 18), an early bird draw (November 23) and a final draw (December 6).
There’s a specific set of prizes for each of the draws, that’s announced in advance via the Princess Margaret Home Lottery website. Additionally, the game features a 50/50, a 100 days of winning and a spring 2017 add-on. These can be purchased separately from the tickets, and they entitle players to win additional prizes.
How to Get Tickets from Princess Margaret Home Lottery
The only way to get tickets is to order them from the official lottery, and they will be delivered to an address in Ontario, Canada. Participation in the lottery is solely for individuals aged 18 and older. This isn’t a lottery that you’re going to find on one of your online lottery concierges. This is a call a friend that lives in Ontario to receive your ticket(s) kind of lottery. There are no rules on actual residency, but tickets have to be ordered directly from Princess Margaret Home Lottery.
What Are the Prince Margaret Home Lottery’s Odds?
There are only 357,000 tickets sold which do make this a sweepstake with good odds of winning something. Ticket prices start at $100 or can be bought in a 3 pack ($250) or 5 pack ($375). Tickets can be share purchased with up to three names per ticket.
To put it in simple terms, there are 15,350 prizes to be distributed in 2017. Players can buy one or several out of 375,000 tickets. Taking into consideration the number of drawings and the availability of add-ons, Princess Margaret Home Lottery has odds of 1 in 25 that a ticket is going to be a winning one.
What Can I Win at Princess Margaret Home Lottery?
The Princess Margaret Home Lottery awards have varied over the years. Here’s a breakdown of the things that players can win in 2017.
The top prize is a beautiful home and a cash sum of 1 million dollars. The total value of the two components is 5.25 million dollars.
Additional prizes include one boat, one Ferrari 488 GTB, a 2018 Alfa Romeo 4C Spider, a 2018 Porsche Macan, a 2018 BMW 430i and a 2018 Mercedes-Benz CLA 250. Apart from these prizes, there are also vacations and leisure prizes that come in the form of smart TVs, speakers, laptops, headphones, video cameras, and gift cards.
Players are free to either take the respective prize or request its cash equivalent. In the case of the Ferrari, for example, the cash equivalent will be 360,000 dollars. For specific prizes, there aren’t a cash alternative and the object itself will have to be accepted. More information about the possibilities is available on the lottery’s official website.
The good news is that lottery prizes aren’t taxable in Canada, which means that players will be left with the sum that’s announced. Players have six weeks from the date of the drawing to make a prize claim.
About Princess Margaret Home Lottery
The Princess Margaret Home Lottery was set up years ago to fund cancer research, education, and home care. These folks are amazing and are recognized internationally in the fight against cancer.
All of the money from ticket purchases goes to the Princess Margaret Cancer Foundation. The foundation is responsible for covering all expenses connected to running the lottery and paying out prizes to the winners.
Whatever remains in the form of income is made available to the Princess Margaret Cancer Centre. Ever since 1996, the lottery has contributed more than 355 million dollars to the centre, which enables cancer research and better treatments. In fact, through the years, Princess Margaret Cancer Centre has become one of the top five cancer research facilities in the world.
What Else Does Princess Margaret Home Lottery Offer?
As already mentioned, there are a few cool add-ons on top of the standard drawing prizes. Let’s take a more in-depth look at each:
1). The 50/50 add-on: whenever this add-on is activated on top of the standard ticket purchase, the player will become eligible for an additional amount that comes with a guaranteed minimum of 1 million dollars. During one of the game’s editions, the 50/50 add-on was linked to a cash prize of 3.5 million dollars.
2). The 100 days of winning add-on: this additional possibility comes with 125 prizes that players could potentially claim. Of these, there are 25 holiday cash prizes of 5,000 dollars, 85 daily cash prizes of 10,000 dollars and 15 Friday cash prizes each one totaling 20,000 dollars.
Information about the drawings, the prizes, as well as an add-on prize calendar can be seen on the lottery’s official website. The 100 days of winning add-on, for example, is valid from June to September 15, 2017.
Complaints at Princess Margaret Home Lottery
People have complained at the amount of advertising that comes in the mail. Get on the list, and you’ll be receiving their brochures over and over and over again. Some have suggested that if they used even half of what they must spend on mailing, this would increase their ability to fund research.
The Bottom Line at Princess Margaret Home Lottery
This is sweepstake that offers pretty good odds at a hefty price. If you have 100 dollars to spare, you may want to give it a try because you can win some fun prizes while supporting cancer research. Here are some of the most significant Princess Margaret Home Lottery advantages:
High odds of winning any prize (approximately 1 in 25)
The official lottery that is organized by a reputable entity
The funds generated through ticket sales go to support cancer research
There are multiple drawings, each one coming with specific prizes
For some of the prizes, players can decide whether to get the item or opt for cash
All of the prizes are quite impressive
Add-ons can be activated to win additional items and cash prizes
There are no taxes applicable to Canadian lottery prizes
The game isn’t a regular one; there are only a few drawings per year
Some of the prizes cannot be switched to cash
The tickets are pretty expensive
Only available in Canada’s Ontario, no opportunity for online ticket purchases
Princess Margaret Home Lottery is legitimate, and it does support a fantastic cause If you have some interest in winning a beautiful house or a Ferrari, this may be the lottery for you. Keep in mind that tickets come at a hefty price. Even though the odds are favorable, this is still a problem you have to be mindful of.