Balloon Race pin and drawing ticket information

Balloon Race Scholarship Committee pins and tickets are available from most committee members and from individuals across campus. Pins cost $5.00 and drawing tickets are $1.00 each or 6 for $5.00.

Raffle winners are subject to federal income taxes related to the item won if the value of the items won is $600 or more. The University must withhold federal income tax, at the rate of 25% from the amount of the prize. The winner must fill out a W-9 form and provide a Tax Payer Identification Number (TIN) prior to receiving the prize(s).