ASU Montgomery NAA Chapter to Host Draw-down Fundraiser
The ASU NAA Montgomery Chapter will host Black and Gold Bash / Draw-down fundraiser, offering supporters a chance to win up to $10,000.
The Alabama State University National Alumni Association Montgomery Chapter is inviting alumni, friends and the general public to participate in an exciting fundraiser that offers participants an opportunity to win up to $10,000.
The third annual Black and Gold Bash / Draw-down will be held Tuesday, November 26 at Gateway Park Lodge, 3800 Davenport Dr, Montgomery, Ala. It begins at 6 p.m. Admission is $50. The grand cash prize is $10,000, and you do not have to be present to win.
The event also will include live entertainment, a DJ, heavy hors d'oeuvres and drink tickets.
What is a Draw-down?
The draw-down, which raises funds to provide aid to financially challenged students and provide educational enrichment programs for professors and students, is a raffle drawing in reverse. The last ticket pulled wins; however, you may share the $10,000 grand prize.
How does the Draw-down work?
All tickets are drawn, leaving only 10 tickets in the barrel. If you are one of the lucky 10, you have an opportunity to win the grand prize or share in the grand prize. Participants are asked to indicate on their ticket if they wish to share the grand prize.
If all of the 10 finalists indicated that they would share the grand prize, the drawing ends and each person wins $1,000. However, if one person does not want to share the grand prize, the drawing continues until there are only five tickets in the barrel. If the five finalists do not want to share the prize, the drawing continues until there are only two tickets in the barrel. If those two finalists have indicated that they would share in the grand prize, the drawing ends and each person receives $5,000. If not, the drawing continues.
For more information, contact the ASU NAA Montgomery Chapter at 334-669-9696 or email: firstname.lastname@example.org.