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Florida house raffle set up fizzles despite facilitate from former NBA star Dennis Rodman
Posted on Tuesday, March 27, 2012 by business
Florida house raffle set up fizzles despite facilitate from former NBA star Dennis Rodman

Fort Lauderdale house owner Miles Brannan wonât be raffling his $3 million home off to $30 raffle price tag purchasers, after all. Even with the assistance of spokesperson and former NBA star Dennis Rodman, the drawing attracted only 63,000 to 65,000 price tag purchases, so much fewer than the 300,000 that will have allowed him to pay off his debts and donate cash to a section church. The charity that's overseeing the raffle, the Mission of St. Francis, said it'll instead draw for a pot of cash: $800,000. It plans to divide the pot equally with the winner. Market observers said raffles to lift money in things like Brannanâs usually don't raise enough money to succeed. Brannan said he wasnât certain of his plans for the house, that he bought in 2005 for $2.35 million.

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