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Money Monday: Raffle Ticket Scam

When I was in elementary school, we were forced to sell a certain amount of raffle tickets to raise money for the school. Now that I’m older, I’m still getting hijacked by parents peddling raffle tickets on behalf of their children. This is not right.

I do not gamble. I don’t go to Vegas. I don’t hit the slot machines. I don’t play black jack. Gambling = flushing money down the toilet.

Well I’m here to tell you that the odds are even worse if you buy one of those raffle tickets. Raffle tickets = flushing money down the toilet.

Here’s another thing that really gets me when you are forced to buy a raffle ticket. Your money gets sucked away and you never hear about the raffle again. You don’t know who won. You don’t know what numbers are called. It’s a total scam!

If ever I become a parent and some organization says we have to sell X amount of raffle tickets, I promise I will fight! If we need to raise money, then sell goods or services. It’s called commerce! Girls Scouts = smart business women. If you’re too much of a numbskull to figure out something to sell, then at least give people the opportunity to write the non-profit a check so that they can get a receipt and claim it on their taxes.

What is this raffle process teaching our children? It teaches them nothing. It teaches them that their parents are hyper-stressed out and they have to add one more task to their plate. So preposterous. I can’t believe raffles are still around. We need to stand up and fight for our right to spend money wisely.

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02.27.12

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Welcome to my site, derived from an advice column I wrote while getting my MBA. I live in the San Francisco Bay Area. I give helpful, opinionated advice based on my own experience and from the expertise of my extensive network. For more, click here.

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