HOUSE LOTTERY FALLS THROUGH

The unemployed man who hit on the brilliant idea of raffling off his home in Ciempozuelos, Madrid, on the Internet because he couldn’t keep up the mortgage payments has been forced to abandon his plan. After he announced the €5-a-ticket lottery, the State National Lotteries and Betting Organisation informed him he should have paid a fee of 15%, or €48,000, of the total amount he expected to gain. He has promised to return all the bank transfers he has received and is talking with his bank manager in an attempt to get the transfers done for free, because he is now deeper in debt than before. His only consolation is that he tried to do something original.

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