Ticket sale kicked off on Good Friday and it will be a very very good day for someone early next year when Perry Tech announces the winner of its 3rd Win A Home Raffle - because for the price of a 100-dollar ticket someone will win a brand new home worth at least $400-thousand dollars!

I would call that a pretty good return on investment!

Get our free mobile app

The Risk And The Reward

Here's how it works. Students at Perry Tech put their education and training in construction, plumbing, electrical, and HVAC/R to work in building the home. 7,000 tickets max are sold at 100 bucks a pop and the money raised pays for the construction and the extra money funds scholarships for future Perry Tech students. It's a win-win-win!

Even More Prizes This Year

Sponsors have sweetened the deal by offering secondary prizes including:

- Patio set & Dual BBQs, donated by Foseen’s Home & Hearth

- 1 ct diamond ring, donated by Dunbar Jewelers

- Electric mower, donated by Stein’s Ace Hardware

Tickets are available at Perry Tech and other local businesses thru January 31st, 2023. .Visit Perry Tech's website for more information

Here Are The Deets

The 2,564 sq. ft. home is being built at 7204 Vista Ridge Ave. in Yakima, and is estimated to be worth $400,000.

If fewer than 5,000 tickets are sold, the prize will be 50% of ticket sales, less expenses.  The last day to purchase tickets is Sat, Jan 31st, 2023, and the drawing is scheduled for Sat, Feb 25, 2023, at noon. The drawing will be live-streamed on line . Ticket holders don't need to be present to win.

Last year’s house appraised for $489,000 and the raffle raised more than $150,000!

KEEP READING: Here are the best places to retire in America

More From News Talk KIT