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Watch for two new raffles coming Soon!


  1. Dominator Gyroplane with zero time 582 & enclosed trailer $17K
  2. New, Rotax aircraft engine w/E-Gearbox & Side Exhaust $7,5K

 

NO NEED to be PRESENT to Win 

 

 


--- Dominator Details release as soon as we find the main landing Gear for 582 engines for it-- 

 

Our ticket price is set by the IRS RULES to assure our prizes are not taxable. Our winnings are not taxable if our ticket price is $60.00 for Dominator and Trailer, valued at $17,000 of winnings.

The catch 22 is if the value of the prize must be less than (the price of the ticket) times the ticket price + 1 dollar.   

Example $60 x 300 = $18,000 valued prize. Assuring our $17,000 prize is not reportable by us or taxable to you. 

Note: Actual IRS details for those who wish to know:

Excerpt of IRS Instructions that sets the price of our tickets making our prize-winning not reportable by us or taxable to you.  

An exempt organization must collect withholding and report raffle prizes if: 

(b) the payout is at least 300 times the amount of the wager. The organization uses Form W-2G for this report. 

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See the Full IRS instructions for 501 corporation reporting taxable winnings: https://www.irs.gov/pub/irs-tege/notice_1340.pdf

 


 


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