Princess Margaret Home Lottery Review
A lottery with an impressive name like Princess Margaret Home Lottery sounds like something fun, and it is! The Canadian lotto was set up to support a good cause, and today, it offers rewards much bigger than they’ve ever been before.
While previously Princess Margaret Home Lottery winners could expect a top reward in the form of a one-million-dollar property, now the grand prize has been boosted to six million dollars. A drawing is scheduled to take place in the fall of 2020, after which Princess Margaret lottery could undergo another transformation.
But we’re getting ahead of ourselves. Let’s start with the basics to give you a complete idea about the nature of Princess Margaret Lotto.
Is Princess Margaret Home Lottery a Scam and Can You Play It Online?
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 a sweepstake that people buy tickets for. It’s not a cheap one with individual tickets costing 100 dollars.
At the same time, there are several reasons why spending this much money is a good idea.
Princess Margaret Home Lottery was set up 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 center, which enables cancer research ad better treatments. In fact, through the years, Princess Margaret Cancer Centre has become one of the top five cancer research facilities in the world.
The second reason why you should give Princess Margaret a try is less altruistic. The odds of winning a prize from that lotto are pretty good. Taking into consideration the nature and the size of the rewards will most definitely justify giving the game a try.
A final question remains to be answered here, and it is whether you can play Princess Margaret Home Lottery online. We’ll check that detail out later on in the review.
Playing the Princess Margaret Home Lottery
The Princess Margaret Home Lottery is an annual sweepstake that hands out both early bird and regular prizes. Princess Margaret Home Lottery has several drawings through the years, each one characterized by a specific top reward. You can check out the lottery’s official website to discover the details about the 2020 schedule and what you could win.
As per the 2020 calendar, for example, there will be an early bird draw on November 17 and final draw (if needed) in December 2020. Early bird ticket sales are discontinued on November 6, and the regular sale cycle for the year is finished on November 20.
All of this sounds cool, but how do you get your tickets?
You will need to order your participation 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. Also, you need to have an Ontario address because the sweepstake is solely intended for local players.
The price of the tickets has already been mentioned, but there are a few ways to get yours cheaper. Princess Margaret Home Lottery offers ticket bundles that are a bit more affordable than the individual playslip.
If you get three tickets, the total cost will be 250 dollars. For five tickets, you’ll need to spend 375 dollars, and a 10-ticket pack will cost you 700 dollars.
There are also mega packs you can use to participate in the different games and drawings. You can learn more about the mega pack at the Princess Margaret lotto official website or by calling their hotline at 1-800-542-8813.
Princess Margaret Lottery Prizes and Odds
There are only 550,000 tickets sold, which do make this a sweepstake with good odds of winning something. In 2020, Princess Margaret Home Lottery will distribute a total of 16,035 prizes. When you do the math, the odds will come up to a one in 35 chance of winning something, and that’s pretty good!
We did touch upon the additional gameplay and prize-winning opportunities before. Let’s examine them in more detail here, before moving on to the actual prize specifics.
There are a few cool add-ons on top of the standard drawing prizes. Let’s take a more in-depth look at each:
- 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.
- 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.
In terms of prizes, the grand ones are the rewards everybody talks about.
The top reward is a six-million-dollar property that has five bedrooms and 4.5 bathrooms. This fantastic house is equipped with a chef’s kitchen, luxurious appliances, a two-storey great room, a study, a fitness center, and a movie theater.
The second big prize is a 2021 Porsche Taycan 4S, accompanied by one million dollars in cash.
Some other cool rewards in 2020 include a 1.4-million-dollar cottage plus 25,000 dollars in cash, 10 Apple loyalty prize packs, season and playoff tickets plus 10,000 dollars in cash, a couple of vehicles, several different vacation packages and more.
Some Information for Princess Margaret Home Winners
Players are free to either take the respective prize or request its cash equivalent. For certain prizes, there isn’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.
Can You Play Princess Margaret Home Lottery Online?
While you do purchase tickets from the Princess Margaret Lotto official website, these will arrive by mail. At the time being, there’s no possibility of buying the tickets online and receiving your digital copy immediately.
If you’re not in Ontario at the time of ticket buying, you will have no opportunity to partake in the game.
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
An 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 an amazing 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.