Official Raffle Contest Rules

OFFICIAL CONTEST RULES: By participating, you agree that:

  1. These Official Contest Rules may not be waived, modified, or supplemented except by the National Corvette Museum Foundation, Inc. (hereinafter “NCM”). No modification of these official contest rules shall be enforceable unless made by NCM.
  3. Participant must be at least 18 years old. Winner may be required to sign an affidavit of eligibility at the sole discretion of NCM.
  4. All proceeds benefit the National Corvette Museum, a non-profit foundation: Kentucky Charitable Gaming License Number ORG0000854.
  5. By submitting a ticket request, you (the “Purchaser”) are requesting entry into the contest specified on the ticket request. Any ticket request accepted by NCM according to the Terms of Acceptance below creates an agreement (the “Agreement”) to enter the Purchaser into such contest. Each entry merely represents that the Purchaser will have an opportunity to win the specified prize and does not represent any guarantee that the Purchaser will win the prize.
  6. This Agreement shall become effective only upon (i) receipt by NCM of a valid and complete ticket request from the Purchaser at its premises in Bowling Green, Kentucky and (ii) the successful processing of the Purchaser’s entry fee.
  7. By entering into this Agreement and participating in this raffle, Purchaser, and any person acting on behalf of purchaser, including without limitation, attorneys, representatives, agents, heirs, executors, administrators, assigns, insurers, predecessors, successors or any other person or entity asserting claims through Purchaser, hereby agrees to release, indemnify, and holds harmless NCM and each of its past and present officers, directors, employees, agents, advisors, consultants, successors and assigns from any and all claims and liabilities of any nature by Purchaser, including without limitation any suits, losses, damages, expenses, costs, and liabilities (including reasonable attorneys’ fees and expenses) which hereinafter may accrue or arise against NCM and which in any way arise out of or are in any way related to Purchaser’s participation in this raffle.
  8. The raffle drawing shall be held at the National Corvette Museum in Bowling Green, Kentucky. All ticket requests must be received and successfully processed one hour prior to the drawing date and time to be eligible for the drawing.
  9. Each ticket will be entered separately in the drawing. Each ticket is a separate and equal chance to win the Corvette or specified prize. Odds of winning will be based on the actual number of tickets sold.
  10. Winner has 30 days to take delivery of the Corvette at the National Corvette Museum in Bowling Green, Kentucky, or forfeits all claims thereto. “Build Your Own” winners will have 30 days to select their options, based on ordering options available at the time, or forfeit all claims thereto.
  11. Due to postal regulations, raffle ticket stubs cannot be returned by mail. When a ticket request is received and accepted, NCM will complete the ticket by filling in the name, address, e-mail address and phone number, and we will place the ticket in the barrel at the National Corvette Museum. Immediately following the drawing, the winner will be contacted based on the name and information on the winning ticket. Winning ticket cannot be assigned, transferred or sold. Vehicles will be titled in the winner’s name only and cannot be changed.
  12. Upon acceptance, purchasers submitting a ticket request will receive an e-mail providing their raffle ticket number(s) and can also log in to their account to obtain their ticket numbers if desired. NCM is not responsible for undelivered, lost or rejected emails.
  13. If not present, winner notification will be made by telephone, mail and/or e-mail.
  14. Tickets are generally assigned and sold in numerical sequence. Requests for a specific ticket number cannot be accommodated.
  15. Ticket requests will be processed in the order in which they are received in the case of raffles with limited ticket numbers. If tickets sell out before your ticket request is processed and accepted, you will be notified via telephone, mail and/or e-mail that your request has not been accepted and your payment will not be processed.
  16. Participant must be at least 18 years old. Winner may be required to sign an affidavit of eligibility at the sole discretion of NCM.
  17. To pick up the vehicle, two forms of identification, one of which must be a photo ID, will be required to prove that this person is the person on the winning ticket. Purchasers do not need their ticket stubs for any reason.
  18. Winner is solely responsible for all taxes, registration, title, transfer fees, license duties, insurance and all expenses in claiming, registering and using the Corvette. This may include sales taxes and property taxes. NCM has no liability with regard to taxes and fees for the vehicle.
  19. Vehicle will not be modified by the NCM to meet specific local, state or country requirements. “Build Your Own” vehicles will be built for use in the U.S. without special modifications required for other countries. “Build Your Own” vehicles will be ordered through the NCM's authorized dealer.
  20. “Build Your Own” raffle options are limited to regular standard options. Limited editions or limited availability unique vehicle options are not available for “Build Your Own” raffle options. Excludes "Build Your Own Engine" option and customer selectable VIN option. NCM reserves the right to deny certain exclusive options. Options that are on constraint in GM’s ordering system will not be available for “Build Your Own” raffles.
  21. As required by IRS regulations, winner agrees to pay 25% of vehicle cost in federal income tax withholding to NCM prior to release of the Corvette. For cash prizes, 25% federal income tax will be withheld. NCM will submit the taxes collected to the IRS. After the end of the year, the Museum will file a form W-2G with the IRS to report the value of the prize won and the taxes paid in by the winner. The winner will receive a copy of this also.
  22. All non-US residents will be required to accept a cash option, even when a specific vehicle has been offered as the prize. The following cash options will apply: 2019 models: Stingray Coupe or Convertible - $50,000; Grand Sport Coupe or Convertible - $55,000; Z06 Coupe or Convertible $70,000. 2020 models: Coupe or Convertible - $60,000. For any other vehicles, the cash option will be determined by the NCM. Current GM dealer regulations do not allow a new US vehicle to be titled in the name and address of a non-US resident. Non-US residents are still eligible to participate and to win the cash prize. The above cash options apply for non-US residents only.
  23. All non-US residents will be required by IRS regulations to pay 30% US income tax on the value of the prize (the cash option) unless the winner is a resident of specific countries exempted by treaty. This amount will be withheld from the cash prize and submitted to the IRS on behalf of the winner. After the end of the year, NCM will file a Form 1042 and 1042-S to report the value of the prize won and the taxes paid in by the winner. The winner will receive a copy of this also.
  24. In the event a Prize was lost, damaged, destroyed, or otherwise not available, NCM’s liability shall be limited to refund of ticket price to participants. NCM’s liability for any other claim is limited to refund of ticket prices.
  25. Winner agrees to the use of his/her name, address, photograph or videotape likeness and statements for publicity purposes by NCM, and agrees to sign a publicity release without any further compensation.
  26. NCM reserves the right to cancel this contest at any time, in which event its liability is limited to refund of ticket prices to participants. Model year and vehicle options advertised are based on availability.
  27. Ticket sales to NCM (including its subsidiaries) employees, board members and their immediate families are prohibited. Immediate family includes parents, spouse, children, and children’s spouse.
  28. Any person who engages in conduct designed to corrupt the outcome of a charitable gaming activity with the purpose to defraud, or knowing that he is facilitating a fraud, is guilty of a Class D felony.
  29. This Agreement, the Purchaser’s participation in this raffle and the respective rights and obligations of the parties hereto shall be construed in accordance with and governed by the laws of the Commonwealth of Kentucky. For the purposes of litigating any dispute that arises directly or indirectly out of this Agreement, the parties agree that such litigation shall be conducted exclusively in the courts of Warren County, Kentucky or the federal courts of the Western District of Kentucky and no other courts.