Catch The Ace gam­ble pay­ing off

The Glengarry News - - Classified­s - -- Richard Ma­honey

“This is such an ex­cit­ing new event – there’s huge po­ten­tial for Catch The Ace to be­come the big­gest lo­cal lot­tery our com­mu­nity has ever seen.”

Ex­pec­ta­tions were high when Phil Cloutier made that state­ment last fall as the then-pres­i­dent of the Alexan­dria and District Cham­ber of Com­merce Pres­i­dent an­nounced the launch of the Catch The Ace pro­gres­sive raf­fle.

While it may not have at­tained its full po­ten­tial, the draw is “do­ing very well,” Mr. Cloutier re­ported at the cham­ber’s re­cent an­nual meet­ing.

Launched in Oc­to­ber, as of De­cem­ber 31, 2018, Catch The Ace had gen­er­ated $16,476 in rev­enues while ex­pen­di­tures to­talled $12,000.

The cham­ber and Com­mu­nity Liv­ing Glen­garry or­ga­nize the weekly draws. Two prizes up for grabs each week: a weekly prize, handed out au­to­mat­i­cally to the per­son whose ticket is drawn, and a pro­gres­sive jack­pot that grows ev­ery week un­til the Ace of Spades is caught.

Tick­ets are sold at The Atlantic Pub and Eatery and at B&B Food Mar­ket. Draws are held ev­ery Thurs­day at 6:30 p.m. at The Atlantic.

The weekly win­ner au­to­mat­i­cally takes home 20 per cent of ticket sales for that week and a chance to find the Ace of Spades and win the pro­gres­sive jack­pot. The win­ner tries to pick the Ace of Spades from a stan­dard deck of 52 cards.

If the win­ner picks any other card, that card is de­stroyed, the game keeps go­ing and the pro­gres­sive jack­pot con­tin­ues to build, with no limit on how high it can go.

Tick­ets are $5 each with a limit of four tick­ets that can be pur­chased at any one time. There are 300 tick­ets avail­able to be purLast year, the cham­ber made a to­tal of $19,971 in do­na­tions from its Nevada fundrais­ing ac­count. That was a large in­crease from the $9,355 it con­trib­uted in 2017. Re­cip­i­ents in­cluded the Li­ons Club, the Curl­ing Club, the Glens ju­nior hockey team, Glen­garry District High School, École sec­ondaire catholique Le Re­lais and the snow­suit fund.

Fi­nan­cial state­ments show the cham­ber recorded a $12,207 deficit, com­pared to a deficit of $8,285 recorded at the end of the 2017 fis­cal year.

Rev­enues de­creased from $40,824 to $26,107 while ex­pen­di­tures dipped from $49,109 to $38,314.

Mem­ber­ship rev­enues plunged to $1,400 from $12,532 while prof­its from the Nevada ticket sales de­creased from $17,227 to $7,564.

Phil Cloutier chased each week plus any un­sold tick­ets from the pre­vi­ous week.

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