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      04-22-2016, 02:03 PM   #1
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BMW CCA to raffle off a BMW M4 GTS and M2

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"That’s right, we are ordering an M4 GTS and it will be the Grand Prize in the 2016 BMW CCA Car Of Your Dreams Raffle thanks to BMW USA! Raffle ticket sales will begin June 1."
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      04-22-2016, 03:22 PM   #2
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Great reason to join the BMW CCA! Join here bmwcca.org
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      04-23-2016, 08:29 PM   #3
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Very tempting
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      04-24-2016, 01:56 AM   #4
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How does this work? One car per 5,000 tickets sold, when do they draw grand prize? Because $25 x 5,000 = $125,000, so if I buy all 5,000 tickets I'm guaranteed to win the GTS? Terms/odds are very unclear...
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      04-24-2016, 07:48 AM   #5
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love to see this! Very very cool
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      04-24-2016, 09:52 AM   #6
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Quote:
Originally Posted by PNWM3 View Post
How does this work? One car per 5,000 tickets sold, when do they draw grand prize? Because $25 x 5,000 = $125,000, so if I buy all 5,000 tickets I'm guaranteed to win the GTS? Terms/odds are very unclear...
Here is the link to the 2015 winners and the raffle rules. Pretty straight forward

https://www.bmwcca.org/raffle
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      04-24-2016, 11:43 AM   #7
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Quote:
Originally Posted by mu2002cs View Post
Here is the link to the 2015 winners and the raffle rules. Pretty straight forward

https://www.bmwcca.org/raffle
So an unlimited number of tickets can be sold? It's not clear on the odds at all.
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      04-24-2016, 01:21 PM   #8
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Quote:
Originally Posted by PNWM3 View Post
So an unlimited number of tickets can be sold? It's not clear on the odds at all.
Yes, an unlimited number of tickets can be sold. One car is awarded for every 5000 tickets sold. Last year, I believe 8 cars were won. But, only one M4GTS will be awarded, i.e., the grand prize.
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      04-24-2016, 07:30 PM   #9
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Quote:
Originally Posted by mu2002cs View Post
Yes, an unlimited number of tickets can be sold. One car is awarded for every 5000 tickets sold. Last year, I believe 8 cars were won. But, only one M4GTS will be awarded, i.e., the grand prize.
Yup thats correct. As I only bought 2 tickets last year, every time BMWCCA received 5000 entries, BMWCCA bought another car to raffle off, most likely same as last year, a M235i (which is fine with me)
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      04-27-2016, 09:44 AM   #10
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WOW!
Maybe this year I will finally be lucky!!!
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      04-27-2016, 09:52 AM   #11
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Quote:
Originally Posted by PNWM3
How does this work? One car per 5,000 tickets sold, when do they draw grand prize? Because $25 x 5,000 = $125,000, so if I buy all 5,000 tickets I'm guaranteed to win the GTS? Terms/odds are very unclear...
Not to mention from an income tax stand point be ready to shell out close to 50,000.00 dollars or more within a short amount of time for your tax installment to the feds and or state depending on your tax bracket. That winning car IS income for anybody who wins it no matter who or what.
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      04-27-2016, 09:54 AM   #12
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Thanks hayes180 !
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      04-27-2016, 10:03 AM   #13
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First prize should be a well equipped M3/4. The main prizes should be the M2 replacing the M235.

Oh well, will still be throwing away money on two tickets this year.
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      04-27-2016, 10:03 AM   #14
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I never the see the winners announced. And then they always extend it to get more money. Chances are you ain't winning shit lol
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      04-27-2016, 10:04 AM   #15
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Quote:
Originally Posted by PNWM3
Quote:
Originally Posted by mu2002cs View Post
Here is the link to the 2015 winners and the raffle rules. Pretty straight forward

https://www.bmwcca.org/raffle
So an unlimited number of tickets can be sold? It's not clear on the odds at all.
Like the odds make a difference lol
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      04-27-2016, 10:25 AM   #16
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Quote:
Originally Posted by PNWM3 View Post
How does this work? One car per 5,000 tickets sold, when do they draw grand prize? Because $25 x 5,000 = $125,000, so if I buy all 5,000 tickets I'm guaranteed to win the GTS? Terms/odds are very unclear...
Not guaranteed at all. There are not separate pools of tickets for each car, one pool of tickets that gets drawn from without replacement. The odds calculation changes with each additional ticket added to the pool.

Assuming exactly 5000 tickets are bought the odds are 1/5000.

If they do not meet the threshold for a car the worst the odds should be is 1/9999.
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      04-27-2016, 11:02 AM   #17
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Quote:
Originally Posted by LinkF1 View Post
Not guaranteed at all. There are not separate pools of tickets for each car, one pool of tickets that gets drawn from without replacement. The odds calculation changes with each additional ticket added to the pool.

Assuming exactly 5000 tickets are bought the odds are 1/5000.

If they do not meet the threshold for a car the worst the odds should be is 1/9999.
Which is actually MUCH better than winning an equivalent amount in Powerball, which is 1:73,050 when you account for the cost of a Powerball ticket vs. BMWCCA raffle ticket.

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      04-27-2016, 11:07 AM   #18
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Is this open to U.S. residents only? I assume so but I didn't see anything in the rules unless I missed it.
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      04-27-2016, 11:11 AM   #19
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I was one of the winners in 2006. (I only bought one ticket.) The choices were a 325xi, 325ci convertible, or Z4 3.0si roadster. I took the cash (approximately $30K) and used it towards a 2007 Z4 M coupe.
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Last edited by Macphisto; 04-27-2016 at 12:14 PM..
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      04-27-2016, 11:12 AM   #20
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If I join today, am I in?

And what are te benefits of joining?
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      04-27-2016, 11:24 AM   #21
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I've been hoping to be lucky for years. No car yet.
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      04-27-2016, 11:27 AM   #22
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Quote:
Originally Posted by tc328
If I join today, am I in?

And what are te benefits of joining?
Yes.

After a year you get a rebate on a BMW vehicle purchase. Also get discounts on M schools.

Membership cost pay for themselves if you get a BMW.
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