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Homeowner forced to postpone £1 million raffle

Brian Wilshaw has fallen foul of the Gambling Commission after plans to raffle his home were suspended until a review of the terms of the raffle. He has already sold 46,000 tickets at a cost of £25 which will raise just over £1 million although when all costs and expenses are deducted he would actually receive £1 million, i.e. the current value of his home and additional property.

The Gambling Commission has request sight of any entrance questions to the raffle as they claim such draws may be breaking the law if they are open to the whole of the UK population. Mr Wilshaw has shown them evidence of a fishing related question and the fact that only 500,000 in the UK might possibly know the answer straight away. He believes that this will cover the possible breaches being investigated but as ever with regulators, nothing is certain.

While Mr Wilshaw is not the first person to look as such a novel way of selling his property, we could either see the practice erased forever or a trail of copycats in due course. The chance of acquiring a £1 million home for £25 certainly appeals to a great number of people!

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