21 January, 2009, 12:58 PM
VIENNA, Austria - When Traude Daniel couldn't find a buyer for her luxury villa in southern Austria, she decided to raffle it off.
It turned out to be quite a success: 9,999 tickets priced at 99 euros ($128) each sold out within days in early December to raise nearly $1,280,000.
Daniel said the 4,305-square-foot house had an estimated value of about $1 million and had been on the market for about half a year before she came up with the idea of advertising the raffle on a Web site.
Austrian luxury villa sold in global raffle - Weird news- msnbc.com
21 January, 2009, 13:04 PM
Nice! That's creative.
21 January, 2009, 16:41 PM
Raffles.. always good if you can win it
21 January, 2009, 17:23 PM
I couldn't afford to take the risk, I would love to do that right now though.
21 January, 2009, 21:30 PM
Wow, now that is smart. She even made a profit of 280K
Originally Posted by m42
21 January, 2009, 21:34 PM
Tax free probably.
Originally Posted by 5starpix
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