$/mail) nascar (rcvd 4/28) (1) F-150 lightning (4) trip/race
Feb 16, 2024 9:09:54 GMT -6
Post by Admin on Feb 16, 2024 9:09:54 GMT -6
$ = donate minimum of $25
mail = no donation/AMOE/free entry
event = one free entry (find booth)
must pay federal and state taxes
to the foundation before receiving the
grand prize (vehicle) (appx: $16K in taxes)
mail = no donation/AMOE/free entry
event = one free entry (find booth)
must pay federal and state taxes
to the foundation before receiving the
grand prize (vehicle) (appx: $16K in taxes)
Foundation’s 2024 Vehicle Giveaway
open to legal residents of the (48) contiguous United States,
and the District of Columbia who are at least 18 years of age
at the time of entry. Void in AK/HI.
online entry period
from February 01, 2024
till May 01, 2024
mail-in entry period
received by April 28, 2024
To enter online with a donation to the Foundation,
go to -www.nascarfoundation.org/cargiveaway (the “Website”)
during the Giveaway Period. Suggested donation amount is
a minimum of $25.00 per entry. All donations are non-refundable.
In addition, Entrants may enter with or without a donation
at the Foundation booth located trackside at selected NASCAR Cup Series™ races
and at designated additional events throughout the Giveaway Period
if the Foundation chooses to offer this option at any of the races
or other Foundation hosted events. Limit one (1) free entry per person
for the entire length of the Giveaway Period.
You may also enter by mail, with or without a donation,
by printing your name, address, telephone number and e-mail address
on a 3x5 card with the heading “The NASCAR Foundation Vehicle Giveaway”
and mailing it in an envelope addressed to
The NASCAR Foundation
Vehicle Giveaway Entries
One Daytona Boulevard
Daytona Beach, FL 32114
If you include a donation, please make your check
payable to “The NASCAR Foundation.”
Limit one mailed entry per envelope
and one per household.
From time to time during the Giveaway Period, Foundation may make
promotional offers where Entrants can obtain additional Entries.
Random Drawing; Winner Notification; Prizes:
Entries will be drawn at random by Foundation.
One prize winner will be chosen out of the pool entries
for each “Phase” time period according to the “Eligibility” column
in the table below.
The Grand Prize Winner will be drawn
from the winning entries
of Phases 1 through 4 on May 12, 2024.
Prizes:
click here to view Grand prize
(i) (1) Grand Prize: 2023 Ford F-150 Lightning
(ii) (4) Phase Winners who will each receive
Two (2) VIP Experiences to the 2024 Goodyear 400
at Darlington on Sunday, May 12, 2024, including a $1,500 travel stipend
which is meant to cover any of the phase winner’s travel expenses for the VIP Experience.
Grand Prize winner must provide valid driver’s license
and evidence of legally- required insurance at time of delivery.
Approximate MSRP of the Grand Prize is at or above $68,531.12.
Approximate value of each VIP Experience is $2,540.00.
All winners will be issued an Internal Revenue Service (IRS) Form W2G
for Federal income tax reporting and the applicable state tax reporting forms.
If the fair market value (FMV) of the winner’s total prize(s) is at least $5,000,
the winner will be required to pay 24% of the prize FMV to the NASCAR Foundation
for mandatory Federal income tax withholding.
State income tax withholding may also be required b
ased on the winner’s state of residency.
All tax withholding must be paid to the Foundation via check,
wire or ACH prior to the issuance of the prize(s).
Payment made via check will require ten (10) working days
to ensure the necessary funds are available for the check to clear.
The tax withholding payments will be remitted to the IRS
and applicable state by the Foundation on behalf of the winner
and will be reported on the winner’s IRS Form W2G
and applicable state tax reporting forms.
For illustrative purposes, if the FMV of the prize equals $68,531.12
then the withholding payment due to the IRS for Federal tax withholding
will be $16,447.47 which will be paid to the NASCAR Foundation
for remittance to the IRS prior to the issuance of the grand prize.
Total Value Phase winners’ prizes: $2,540
$1,500 travel stipend
2 VIP garage passes
2 race tickets Sunday, May 12, 2024
2 race tickets Saturday, May 11, 2024
2 race tickets Friday, May 10, 2024
Total Value Grand Prize:
2023 Ford F-150 Lightning– $68,531.12
see chart in rules for a clearer understanding
PRIZE ELIGIBILITY SCHEDULED DRAWING DATE
Phase 1 VIP Experience Entries received February 1 – February 18, 2024 February 19, 2024
Phase 2 VIP Experience Entries received February 19 – March 11, 2024 March 12, 2024
Phase 3 VIP Experience Entries received March 12 – April 2, 2024 April 3, 2024
Phase 4 VIP Experience April 3 – May 1, 2024 May 2, 2024
GRAND PRIZE Winners from Phases 1 through 4 May 12, 2024
promo page
-https://www.nascarfoundation.org/cargiveaway?
online entry w/donation
-https://raisedonors.com/nascarfoundation/2024cargiveaway
rules
-https://www.nascarfoundation.org/wp-content/uploads/sites/22/2024/02/01/Official-Rules_2024-Ford-Vehicle-Giveaway_The-NASCAR-Foundation-Execution-01.29.241002134.12.pdf