How do you launch history’s largest raffle ever? This was the question that our founders had to work extremely hard for nearly 10 years to figure out. The challenge would be to convince the world that Avazoo’s Billion Dollar Raffle was indeed a very real event. Additionally, the world would need to understand that Avazoo’s genuine intention was to raise unprecedented donations for charitable causes worldwide. How would overcoming these challenges be accomplished?
Trust would need to be built between Avazoo and the general public. After all, let’s be honest – being able to become an instant billionaire overnight does sound too good to be true. In order to build that trust, one factor would be extremely critical: The Raffle had to be ROCK SOLID in every way. With that determination in mind, Avazoo sought to do the impossible and create an unprecedented fundraiser on a scale the world has never seen.
The road to securing a license to carry out such an event has been one littered with challenges all along the way. In fact, there were low points where the founders almost gave up. The desire, though, to change the world and the possibility of raising literally billions of dollars for charity kept them going. By keeping the faith and working between our team and various regulators for nearly a decade, we have finally achieved our goal!
License Secured in the Beautiful Philippines!
The Avazoo Billion Dollar Raffle is properly and legally licensed through the North Cagayan Gaming and Amusement Corporation (NCGAC) under its license with the Cagayan Economic Zone Authorities (CEZA) of the Philippines. Avazoo is an Official International Raffle Operator under this license which allows us to lawfully operate the Billion Dollar Raffle to players on a global scale.
NCGAC has been licensed by the Cagayan Economic Zone Authority (CEZA) to establish and operate all forms of gaming enterprises and gaming support service facilities in the Cagayan Special Economic Zone and Freeport (CSEZFP).
Under its license agreement with CEZA, NCGAC is also authorized to appoint suitable operators and/or agents and supervise their gaming and gaming-related activities.
Avazoo is now listed as one of NCGAC’s official appointed operators to market and run our Billion Dollar Raffle for charitable purposes. This means that ticket holders can take part in the world’s biggest raffle safely, securely, and with confidence. Being a bona fide licensed entity means that we have to meet very strict and stringent criteria which is overseen at all times by the licensing authority. We will always adhere to the gaming authority rules and guidelines and comply with all Legal and ethical requirements to insure safe and fair play.
Cabo Engaño, one of the most beautiful locations in the Philippines is in the province of Cagayan and; will be home to the administrative offices of Avazoo Worldwide Corporation, IBC and the fully licensed Billion Dollar Raffle! Additionally, we will have offices for Avazoo Marketing Group in the equally beautiful island nation of Bermuda, just off the east coast of the United States.
If you are ever in the Philippines or Bermuda, once we have launched and are fully operational, you will be more than welcome to stop by anytime to visit our facilities and meet our hardworking and friendly staff.
We Don’t Believe In Gambling
With the Billion Dollar Raffle, we wanted to create a fun experience that encourages people to do selfless things for those in need and that ultimately raises incredible money for charitable causes. We wanted to make sure that all players would have incredible odds in their favor… so we set the bar higher than any lottery has ever dared, but making it so that one out of every three people playing, WILL WIN A CASH PRIZE! Odds like this are unheard of… until now.
With such a positive message behind our event, it was extremely important to us that we would not encourage gambling of any sort. In order to prevent one’s greed from tempting them to go into debt buying enough tickets trying to win the big prize, we decided to restrict the raffle to just one ticket per person. Furthermore, we created different Entry Levels, so that everyone can afford to play to some capacity, without having to go into debt to do it. We wanted to avoid holding an event that could cause pain and damage to a player’s families and budgets.
By only allowing you to buy 1 ticket, we can help you to:
•avoid repeatedly buying tickets chasing a big win,
•buy only a single ticket you can afford,
•and keep track of the exact amount of money you spend.
Since Avazoo exists to raise money for people and causes that desperately need funding, we felt that it would be irresponsible, even hypocritical, to promote dangerous and excessive greed by allowing our participants to become indebted by playing in this raffle.
Large Corporations Are Eagerly Buying Into the Concept!
We are extremely pleased to welcome a wealth of corporations who have chosen to be associated with the world’s first Billion Dollar Raffle either as sponsors, advertisers or co-branding partners. Soon, you will see their brands on our print advertising, on our website, and through joint TV commercials. Keep a lookout for them and check out their high quality products and services.
We mention this support because we want you to understand that the majority of these large corporations do their due diligence before committing and being associated with a very public event such as ours. The fact that they have carried out stringent due diligence and satisfied themselves that the company and program is totally legitimate, demonstrates just how very real Avazoo is. You can be sure that these corporations work very hard to protect their brands by ensuring that they don’t support any scams. Major corporations would not invest their advertising and marketing dollars in something that isn’t real, legal and safe for consumers. This should help to put your mind at ease about the credibility of Avazoo’s Billion Dollar Raffle.
All Funds Will Be VERY Secure
We are making it one of our very top priorities to ensure complete security of the prize fund. For this reason, the choice of the banking institution to hold the fund, is of utmost importance. In an economic climate that has seen many financial institutions fail and many more reported to be unstable, it is vital that we are able to foster confidence in you, as one of our members. It is important for you to know that the prize fund is kept separate from the company operating account, so that a clear distinction may exist and the prize fund will always be held in an interest bearing escrow or trust account.
NOTE: 70% of the revenue from each ticket sold will be held securely in the prize fund to pay the cash prize winners – or to be returned if, for any reason, that the drawing does not occur. This means that your maximum loss for any reason will only be 30 percent of your ticket price.
By partnering with one of the largest banking institutions in the world, Avazoo endeavors to ensure that the ticket purchaser feels safe in the knowledge that their membership and raffle ticket funds are held safely and securely and will be announced prior to the official launch date.
If you are a resident of a country that restricts the sale of raffle tickets, such as the United States, Puerto Rico, US Virgin Islands or other US Territory, you are welcome to participate in the world’s first Billion Dollar Raffle. However, because of current legislation that prohibits any form of gaming to be conducted over the internet, US residents are not able to make their purchase through our website but can purchase an entry while outside of US jurisdiction. For example, as a US resident, you are able to purchase a raffle ticket while traveling outside of the US or while in international waters on a cruise.
Any online ticket purchases, made by anyone from a jurisdiction that does not allow internet gambling, will be declared invalid and prizes may not be redeemed. We will also reserve the right to reclaim any prizes that may have already been redeemed under these circumstances.
To ensure that all of our players are treated fairly and consistent, the playing of Lottery style games in any country where it is unlawful to do so, is prohibited under our Game Rules Terms and Conditions. You agree to these terms when you register as a Member of the Billion Dollar Raffle online.
Any ticket holder, who is a resident of the USA or other jurisdiction in which internet gambling is not allowed, will be responsible for providing evidence that their ticket was purchased from a physical location or online while outside of the United States and US Territories. If sufficient proof is not provided, the ticket shall become void.
Avazoo is working diligently in exploring different avenues to make it possible for U.S. residents to legally take part in the Billion Dollar Raffle through the physical purchase of a ticket from authorized outlets. If you are a US resident and wish to participate in the Billion Dollar Raffle as soon as it becomes possible for you to do so, contact us so that we can inform you of your purchase options as they become available.
We want people from around the world to participate in the Billion Dollar Raffle with complete confidence and safety. Unlike some online gaming entities that domicile themselves on a small island where there are no developed online gaming laws, Avazoo has chosen to become licensed in most countries that have specific internet gaming laws. The licensing process can be slow in some jurisdictions and as additional international licenses are granted; we will add the details to our website.