Click below for answers to some of our most frequently asked questions (FAQs). If you have any additional questions, please contact Home for the Holidays at (337) 981-3053.
Unfortunately, the purchase of raffle tickets is not tax deductible. According to the IRS, you are not making a strict donation to charity as you are receiving something in return for your contribution, a chance to win a home or other prize.
There are 8,000 tickets available for sale each year. Over the past couple years, the project has averaged about 5,000-6,000 tickets sold for each home raffle.
You may purchase a ticket as a gift for someone else and put it in their name. The only requirement is that the ticket be in the name of someone aged 18 years or older.Tickets may not be in the name of a company.
You do not need a printed copy of your ticket. If you purchase one online, an email receipt will be sent to you. Should you win a prize, you need only show your drivers’ license to claim it.
Tickets are numbered for accounting purposes only. Prizes are drawn by the person’s name, not the ticket number, and winners are then contacted by the phone numbers provided on the ticket. To claim a prize, you only need to show your driver’s license to prove your identity.
The deadline to purchase tickets for the 2017 Home for the Holidays is Tuesday, December 5th at midnight – online only. Sales will end at the ticket outlet locations at the close of business on Tuesday, December 5th.
This year’s home is located at 100 Snapping Lane in Bayou Tortue Subdivision on Bayou Tortue Road in Broussard, LA. The home will be open to the public only during official open houses.
The home will be open to the public for touring only during official open houses. Open houses will be held on the following Sundays from 2:00 p.m. to 5:00 p.m.: November 5th, 12th, and 19th and on December 3rd. Please note that, due to Thanksgiving, there will be no open house on Sunday, November 26th. Volunteers will be on hand at each open house selling raffle tickets.
The house may be staged by a local interior designer during the open houses. However, the furniture and decorations are purely for aesthetics and not part of the prize. They will not come with the house when it is won.
No, Home for the Holidays is not associated with St. Jude Children’s Research Hospital or their Dream Home raffle project.
The Grand Prize Drawing will be held LIVE during the 6:00 p.m. news broadcast on KATC-TV 3 on Wednesday, December 6, 2017.
The drawing is on live TV, so there is no way for anyone to be present. You may watch the drawing from the comfort of your own home. Should you win, you will receive an immediate phone call from Home for the Holidays Board of Directors members.
All winners are contacted immediately by the phone number(s) listed on the ticket and have THIRTY (30) days to take possession of their prize. Winners are also listed on this web site and announced on the Home for the Holidays Facebook page.
All winning tickets are placed back into the hopper for all future drawings, including the Grand Prize. This gives each ticket the potential of winning every single prize in the contest, but you would have to be incredibly lucky to do so!
Should you win a prize, you need only present your driver’s license upon pick-up to prove your identity. You have THIRTY (30) days from the drawing date to take possession of your prize. Otherwise, it will be rewarded to a second runner-up.
A raffle such as Home for the Holidays is considered by the federal government as gambling, and as such, winnings must be reported on your tax return to the IRS. Income tax is withheld at a flat 25% rate from gambling winnings, and the amount will be based off of the appraised value of the home. For instance, if the home is valued at $400,000, the winner is responsible for paying the IRS $100,000. Many winners finance the taxes into monthly payments, much like a mortgage. Home for the Holidays can help you locate a lender in this instance. If you cannot pay the taxes on the home, it will be awarded to a second runner-up. There is no alternative prize or cash substitution. For more information, please contact your tax professional or visit www.irs.gov.
There is no requirement to live in the home. If you would like to sell it, you may begin the process as soon as you take possession at the closing. However, you may be subject to additional taxes from the IRS should you decide to sell without living in the home first. For more information, contact your tax professional or visit www.irs.gov.
There are no alternate prizes. All prizes, including the house, must be accepted by the winner as is with no substitution. If you do not wish to accept the home or other prize because of tax responsibility or any other reason, the prize will be awarded to a second runner up.
Proceeds are distributed to Faith House, Healing House for Grieving Children, Lafayette Habitat for Humanity and St. Michael’s Center for Veterans.
After the Grand Prize Winner has accepted the home and Home for the Holidays has paid all construction costs and other project expenses, a special reception will be held in late January or early February at which time checks will be presented to each recipient charity. This reception will be covered on the news by KATC-TV 3.
The Home for the Holidays does incur some construction, advertising and administrative expenses which must be paid before donations can be made to project charities. These expenses vary from year to year, but costs are reduced greatly by donations of materials and labor from community businesses. Home for the Holidays strives to keep costs as low as possible, and each year, the charities receive sizable donations of tens-of-thousands of dollars each. Since the project’s conception in 2005, Home for the Holidays has donated over $1.8 Million to its four adopted charities.
Home for the Holidays shared Acadiana Home & Design Show’s post.Monday, February 5th, 2018 at 7:36pm
We are very excited about this year’s show! We can’t wait to see everyone!