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Mexico could raffle his presidential plane, the idea is to sell 6M tickets of $25 dollars each one, and the winner gets a presidential plane evaluated in $130 million.

This crazy idea is because the Mexican president wan to sell the plane to spend the money on other projects.

What do you think would you buy a ticket?

Sources:
https://robbreport.com/motors/aviation/mexico-may-raffle-off-presidential-plane-2893600/
https://www.theguardian.com/world/2020/jan/17/mexico-amlo-presidential-plane-raffle

Even if I won it, where would I get the money to house it, maintain it, fly it, etc? I guess that I can always re-sell it :-)

Perhaps some crazy rich billionaire would buy up say, $10 million tickets hoping to get lucky and take the airplane home. In that way, it will totally be a bargain and a steal, and could be sold for a lot cheaper even though the dude who won it through lottery is already in profit. The value of the plane would surely depreciate if that happens, and I don't think a lot will actually pay $25 for a slot since maintenance cost + a hangar isn't that easily accessible to everyone.

Putting up such luxurious items/assets as a prize on a lottery seem to be the norm these days since not everyone has the capacity to buy it in one go.


If the President himself is having a hard time selling it, how do you think would you fare in giving it a go? ::) Perhaps you can sell it for a couple million but then again, you still might be low-balled but hey.

That's the issue, if you won it, the gov will pay for the service for the first 2 years, after that you will have to think about how to deal with it. And if you want to re-sell you will not be able to do it under the evaluation, which means you will need to find someone who wants to buy it for $130 millions.

Selling it again is the most choice of the potential winner unless he has a mansion that can park this plane or an acres of land.

And the problem will be passed to you and how could you even sell it? probably at a lower price now or might have a 50%-90% discount to become easier to sell it to plane airlines company that would want to use it.

Lets do some math.

6M tickets x $25/ticket = $150M then thats already a 20M profit. Well thats how business works.

No one can stop you if you do sell out your assets/properties etc. No matter what the cause is.
Asking if i would buy a ticket? No. its better to save it up yet we do know on having out of 6M chances.

That's the best thing to do if you want to get rid of it instead of facing the problem. With only $25, not bad to give such discount, you still made a profit, if you will think it's kinda small but still a profit is a profit, considering the amount you used to get it. But if i'm living in their area, I won't take the chance. 6M tickets? you have a very low chance of winning it plus you will have a hard time finding a buyer even if you give a big discount. I doubt rich people will be interested because even the president is getting rid of it.

If my understanding is correct, there was an offer of $125M but got declined as the plane value was $130M. I can't see the logic why it was declined as the plane is having a difficulty to be sold at auction. Other planes and helicopters were successfully sold meaning this plane might have something that didn't catch the interest of the majority of auctioneers (except for the one who placed at $125M but still declined).

I don't see they will attract a good number of lottery ticket buyers here unless the prize will be convertible to cash which is not the case.

Wi ning a presidential plane do really makes a bug impact to one's lives, but I think one of the first thing people might do about is to to sell it somewhere in a huge price. If we are to think about it, we don't have any much fund, to fund the parking space for this plane and we're not totally use it in daily business. Unless, a president wins it or some busineas man that is capable of ensuring its maintenance and usage.

After 2 years, we must pay for the services. That will not for people who don't have much money. It is hard to sell the plane without knowing someone who has a lot of money. The plane is not like a car, a motorcycle which can easy to find the buyer.

If I lived in that country, I would not buy the tickets, and I will use the money for another thing or save in my bank account. But I wonder who will buy the tickets to win the plane? How many of them have a big hope to win the plane? But it's interesting to know the next update with that lottery.

I think Mexican President Andres' idea of ​​selling the plane by selling tickets would be profitable, >:(  And the winner of the raffle draw can sell the plane at an attractive price any businessman can have the opportunity to make big profits.

same problem here and aside from Housing for the plane the maintenance also the problem and where do we go using that?when we have no money to buy for High Octane?

i think only rich people will deserve to Win that or maybe you are right that reselling is the best option if the winner is normal or we can say can't afford people,25$  is affordable each person can buy 1 or 2 but the long process if we won is another question top answer.

I would only buy a ticket if I could use my BITCOIN or ETHEREUM.
Really though I think this is only for public stunt and he can sell this plane without raffle ticketing.

The calculate showing indeed this is profitable but i think it's not so simple such as that because for other countries presidential plane usually classified especially the technology behind it and i wonder why Mexico taking the risk with sell this plane to the public and what if the winner of the lottery is bad guys and he will use this plane to criminal acts and learn the technology inside this plane

The problem is that Andres already tries to sell it to a businessman, even to other countries' presidents, but no one wants to buy it. He tries it to change it for ambulances and hospital equipment with USA, but trump don't like at all the deal. So if it's hard for a president to sell it, how hard it could be to do it for a simple mortal like us :p

The fun part of this is, if he does really make the raffle then the Mexicans will pay 2 times for the plane, one with taxes and the second with a raffle.

and that is more likely a desperate move from Mexican president that he did His best to sell the Plane yet no one is interested and you are also right how can simple people find seller in profitable price when the President it self did not made it happen?for sure the prospective buyer will offer more lower than the assessment value.
i think President Andres only trying to give exaggerated volume of ticket so Buyers may understand the amount Government is targeting but maybe they will consider starting the raffle even not achieving that 6 million ticket sold.

They might have a profit of 20M from it, so great.

Though, the problem here is price of the ticket. It costs $25 which is in Mexican peso is equivalent to 500. There might be some people who would spend a lot of money for that but I don't think that those 6M tickets will be sold out. Maybe 3 million can be sold, I don't know still, that is a huge risk. I think if that would be raffled here, people will just line up yelling YOLO, that is a presidential plane.

this is how simple Mexican president is,he may want to use ordinary plane when traveling than using own Plane for the benefits of His countrymen .

imagine while almost all of the president in the world wanted to have own plane but this one wanted to sell his?salute for you .

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but about the raffle?i think low class people will have second thoughts of buying raffle ticket because how can they afford to maintain that kind of luxurious thing if they gonna win.

Silly idea to be honest.

The first thing that will happen to this plane if won is to be resold. I am quite certain this is the path the winner will choose.

I don't think it is that silly, to be honest.

People would think that their president is selling one of his luxurious priveledges for the development of their country, that would be great, isn't it? Also, if the lottery tickets are also sold out, that would give them a profit of 20M. Resold? obviously, you will get a presidential plane for $25 which real price is at $130M, it might get sold at a maximum 50M to 100M, huge profit.

i read that the 2 year service is free so i will use the plane for two year and then after that , i will dispose it for a much lower price so that i can easily find a buyer  . the price is negotiable but that wont hurt me too much because it can for sure cost over a million dollar .  a single million dollar will be enough for me to live for a long time :)

but that is all, if i win . im not expecting to win but i still give it a go and gamble some bucks for a ticket entry

I wouldn't mind buying a ticket of course, because I know the proceeds will be used to build projects that would (hopefully) help the needy. If I win, well, I'll cross the bridge when I get there.


I might also end up reselling it if I win. Or perhaps rent it. Either way, the possible winner of this lottery will most probably not own and use it. This is probably changing hands right after it is being turned over to the winner.

I am imagining a funny situation in which the winner is an ordinary citizen and he will be awarded with the key, certificates, and other necessary documents and will be told, "All right, congratulations! You may now claim it right now. Leaving it in this terminal would cost you this amount daily." LOL!  

It said a year, not 2 years.

I could use that for some time, I could let people to board that and be paid for it. Who would say no to that, they are riding a presidential plane. I don't know why the president did not accept the $125 offer, I think they really want to get an additional $20M out of it. I think they are desperate at this point, they really needed it.

is this also available for other countries?or exclusive for Mexican?

this is one Big lottery if happens since the raffle only consist of 6 million entries so the chance of winning is higher than a Lottery in with billions of combinations.

i think that is only estimated ticket to be sell but maybe they will only look for at least 3-4 million and go on the raffle.

If the money from selling the plane can be an additional income for the country, then I think Andres can sell that plane using the lottery. But if the plane will be used for his private thing, then that is wrong. Maybe I will try my luck and buy the tickets, and if I am the winner, maybe I will sell it on eBay, or I will use the auction market to get the highest buyer. I know that I can pay the services even if Andres gives me 5 years for free, so that makes me sell that plane.

what will ordinary people do if they won the raffle?sell to third parties that will offer more than below half of the original price?
but i think they will be succeed on that offering because those millionaire will only gamble at least hundred thousand of dollars to have a chance winning that not like when ANDRES is offering to sell the price is too high but in gambling that would be more cheaper since gambler can afford losing million dollar in table then why not trying this Presidential plane?

I think it will be the exact one.

Based on the article, he is also seeking help, and I think that is enough to say that a lot of people will also buy the ticket. I said that it might not sell but maybe they can think about two things, they have a chance of winning a plane that may cost $130M and they also helped the country.

The odds of winning is really slim, if ever I'll win it it will be difficult to maintain or even sell it for money. I might try my luck in lottery since it will only cost 25$ just for fun. Who ever wins the plane is lucky, it's an unusual prize for a lottery.

Why not I love lottery but they should have a free park on a hangar, I'm planning to sell this if I win as I cannot maintain it I don't want to spend on its parking and I don't know how to fly this too, I'm pretty sure many will take this opportunity, they will be helping their government for their projects if they bought a ticket.

$25 sounds like a lot of money! I mean,,, I do not know Mexico very well but I am sure they earn like we do in Asia,,, so for me $25 is a really big amount of money. And with all the corruption there would I dare to buy a ticket knowing probably someone already knows he is the winner?

$130 million plane probably sells for a few million though so I guess it is a lot of money!

The plan is really good, as the ticket money is spend on other projects. The lucky one gets it, because a large number of people will try to buy tickets and examine the luck. If a common joe wins, then the only possibility is to resell the plane or else need to make tie up with some other flight operating firms. Instantly a common joe can't easily make arrangements to park an airplane.

i think mexico is more richer than on most asian countries so 25 usd with them will look cheap but for us who are minimum earner 25 usd is now a large amount and we will think twice if we will risk this amount for a ticket  . but i dont know if their govt is corrupt or not   , i still do a research then before i decide to join if ever i have a spare 25 usd  . presidential plane sounds like promising and too good to be true to me  , so im still skeptical with this  .

As per my understanding, this offer is only for the Mexico citizens ?
If this was available for my country, i would have defiantly spent the 25$ and who knows i could be the winner of this great presidential plane.

That's a super idea and i think it opens up a lot of ideas of gathering funds at a government level. By this way, the mexcian government can buy a new place and still get a 20M profit. That's a super idea provided we have 6M tickets sold. Any idea if all the tickets are not sold, will they still hold this contest or return the people's ticket ?

If I'm a Mexican I will definitely bet imagine $25 for a Presidential plane if you hit a jackpot, if I win this I could rent this to airplanes and I can travel on air free for lifetime, I'm sure Mexicans will be excited to be part of this lottery, I never read a Presidential plane going on a lottery.
I think this is the first.

I do not think the lottery company will find it difficult to sell all tickets, If the event is promoted to the media, they will be very popular with local gamblers!!!  ::) Knowing that the population of Mexico exceeds 120 million people. Luck will be the influencing factor in the Grand Prix drawing :-\

I would love to buy a ticket. I read the article and I think it is not that the government of Mexico is wanting to earn money from it, it is just that they needed it. It is not the chance of winning a luxurious presidential airplane but the chance to help the country in a small way. I think the lottery tickets will be sold out because of that.

That is a pretty good idea from the govenment of mexico it would be really hard to sell a 2nd hand plane for 130m, that why the government is trying to do this lottery and atleast make some money back.
But for the people who enter this is going to be pretty bad, a normal person in Mexico what are they gonna do with such a plane?
You are not gonna sell it easily maybe far under the price it is worth, I guess if you can sell it for a few million it will be good.
But just think of the cost a airplane has, to just fly somewhere else it will cost a lot and a normal person in Mexico probably cant pay that.

I'm not good at math but imagine the small probability you have to win that presidential plane. I don't know why is has to be done that way when they can just sell it or what. Rather than selling tickets and who'll ever win it, gets it. It's those rich people who will also buy tickets for this one.
It's the government we are talking about and for sure they can sell it who wants to buy it rather than doing a sort of raffle. They can sell it to other countries.

A lottery again has a slim chance that you will win but if the ticket is cheap I can spend what I can afford to buy tickets. If I where in Mexico? of course, I will try my luck with that opportunity given. Because probably who knows you will be given a chance to hit the jackpot and own t5hat plane. The problem is you can't fly it on your own because you dont have a landing base for your plane, I have doubt that it will probably sell to others if you can afford to maintain the expenses of a plane.

It seems like a worthwhile investment, to spam tickets and hope for the best, but really. Who the hell would even hope to get a plane? I mean, its nice and all once you get it, a sense of satisfaction immediately hits you, but in the end, its a PLANE.  Hell, if you get it, maintenance already takes up a lot of money, and if someone actually wanted to get it, they'd join the raffle instead, since they have the money to buy it from another party, so why bother doing that when you can guarantee a win by buying out the tickets right?

Well, if you read the article, the government of Mexico needed the money so they are selling the plane. The money they will be getting will be used for the development in their country. As I said, it is not just for the chance of winning the plane but also a chance to help the country. Obviously you did not read the article the OP posted, the president will give the maintenance of the plane for year free. He also thought about those people that might win the plane and don't have the money when it comes to taking care of it. It is true that people can just hog all the lottery tickets but that is not worth it. Even if it is a plane, it is not worth it.

Seems like it's still being decided whether it is being sold or not? Seems like a nice idea for them to try though. It is going to help their country in the end, and  it is a raffle, luck still plays out in the end. Too bad its only for Mexican residents though, which could be said to be a good and bad thing since no countries could take advantage of the raffle.
The other guy might be considering it in terms of a "selfish" kind of perspective. I mean, some people wouldn't know what to do with a plane tbh, and if it just sat there doing nothing, even if you got it for a few bucks, it'd still seem to be a waste right? And a year of maintenance, it ain't like you're gonna fly the plane a hundred times per year, so yea. If the Mexican Airport could accept a rent kind of thing with the winner though, it might be much more worth it/helpful.

Since it wasn't sold in an auction, it will be difficult to resell it unless really offered it as cheap, too much lowered to its average market price. For $25, I don't mind selling it for cheap (still, that cheap price will be millions in value).

And I agree with you since the proceeds will be used in good deeds I might try my luck here for few bucks. I do play lottery here in my country on a regular basis which also the proceeds go into government needs so why should I skip that offer. Unfortunately, only limit to Mexican citizens so good luck to them.

Just be realistic here. Lets suppose you won a plane, what will you do ? No one knows how to fly it. You cannot keep it in your home. What would you do with it except selling it cheaply because no one will be buying it on actual price from you. All those who are thinking to invest 25$ in this lottery type scheme, should consider these things too.

They even consider the maintenance so I think they can also consider the release of it. If they have a problem like that, they can just sell that immediately. $10M to $20M, no problem since they got it at $25. Don't you think that that is a huge profit, right? And why would it be a waste? You got a plane for $25, that could be his fortune, we are all an investor here, think like one.

It still depends but seeing this is a Mexican presidential plane then theres no doubt that it would really be heavily known by the entire population.

Chances on sold out tickets? Highly. but we cant still be sure if mexicans would really be interested on owning but somewhat if we think of that reselling that plane once again
on winners hands would really be hard.

What I think is silly is not the initiative of the president to get away from luxurious lifestyle and instead use the money from it to build projects for his people. I am in favor of this decision by the president. This should be emulated by all presidents in the world especially those who are leading an impoverished country. They don't have the right to enjoy all kinds of luxury when their country is suffering in poverty.

What I think is a little silly is the fact that the millions who are joining the lottery will be winning a plane. That is not easy to handle, isn't it?

No, as a normal citizen not being able to sell the plane to the price I want if I were to sell it is scary even with the free maintenance for two years sponsored by
the government. but  I read on another article that the Mexican president is open for the presidential plane to be traded for "$130m worth of ambulances, scanners
and x-rays for public hospitals" or "sell it to a dozen businesses, who would each chip in $11m."

the article I read: https://www.ft.com/content/a82e1640-395d-11ea-a6d3-9a26f8c3cba4

This is a good question because suppose you win this gigantic plane, honestly where would you keep it now?
Rent space from a airport is not cheap and you can not keep this in your backyard
I am starting to think this is nomore then just a gimmick and who knows if they will even sell 6M tickets

No need to make things complicated. If i were to win this lottery, i would not mind it selling the plane cheap back to the government. Remember i would only spend 25$ , so even if i sell the plane at half its price, i will still get a lot's of profit.  :)

Indeed, owning a presidential plane isn't suitable for an ordinary people to use, it needs maintenance, and it needs parking space. Basically, if we own one of it, it will only be applicable if we are a president, or a person with a good reputation and financial status, owning a business isn't enough to pay the necessary things to maintain the plane, though, selling it with half of the price is still not good, considering the fact that we got it from 25 dollars, why not sell it at full price and maximize the profit.

I doubt they'll buy it back again. one of the many reasons why they are selling it is to cut the maintenance fee. also, the OP said(which he probably read in the article) you won't be able to sell it on a cheaper price other than the price original price the government tend to sell it to which is $130M

Who will buy the plane from you at full price. Everyone knows that you spend 25$ to get this plane and no one will buy it at a high price. Who ever will buy want to resell it, so the buyer will wish to grab it as cheap as possible.  


If you do not find a buyer with $130 Million then ?   :D

Of course, you will make a lot of profit, but that is only if you can win on that lottery ;D

But I don't think that you can win with only spend $25 because we know that the lottery games are based on luck, so you will need to have the luck to win. I think it will not easy to sell back to the government even with cheap price because they will buy another presidential plane for their president. You need to think about selling the plane as soon as possible because you only have 2 years to get free services.

depend on whom will be the winner mate because i am sure that there are millionaires that will participate in this round imagine how huge you can win with only 25$?so maybe there are prominent people that will have interest gambling on this
hahaha made me laugh lol,if ordinary person wins this?for sure all of those people in awarding ceremony will secretly offers him about buying in low cost LOL.

@seoincorporation at first I thought the president had lost his mind, but when I read the article I realised his intentions are noble and if he succeeds in selling this plane then he’ll be able to do lots of good stuff for his country. Furthermore I would definitely be tempted to buy few tickets and hope to get lucky, because if I win I would become famous all over the globe, and I could definitely find ways to make lots of money from this plane.

this is more winnable than lottery itself because on raffle like this they only specific volume of tickets to sell in this case there are 6 million according to the statements so it means each ticket holders have only 6 million to compete when i Lottery there are i think billions of combinations?so the chance is much lower than winning this Plane.

Interesting.
But why not get more people(like 130 people) to be winners of the plane? At least the winners could sell the plane and share the proceeds.

If they can sell the plane for that amount, they could split the money to the winners.130million split into 130 pieces, would be a million dollars for each winner. One million dollar for 130 players is quite a big amount for any kind of gambler.
By the way, how transparent and fool-proof is this? What is the guarantee that the plane won't be unfairly allocated to a preferred "winner"?

The main reason why he did this is pretty good because it is for their country anyways.

The only problem is that how will the winner deal with the plane. Unless the winner have a contact where he can sell it immediately then it is ok or he will just store it in a safe place until a buyer will come and buy it. Of course the Mexican president must help with what the winner wants to do with the plane.

Many people will try their luck if the plane can be exchanged to money immediately even for a lower amount or the same amount as the evaluated price of the plane if possible.

lol yup selling is only a good option on it. And then buy a house and make an investment.  That's it..  Because it's useless . Lmao it's only for rich people..  Anyways you still lucky because its very expensive.;D

Who the hell will use the plane? It is not necessary in our daily lives. Maybe the Mexican president is a wise man so that he did that thing. He wants to do his other agenda so that he tried to make a raffle of a $130 million worth plane.


The cycle continues, the airlines company will buy and also sell it to a higher price. That's how money work in buy and sell. You can't even sell it instantly and it is hard to find customer of an airplane. Airplane is not in demand and will never be because it will not help you live and fulfill your necessities and needs in everyday lives.

I wouldn't mind selling it a quarter of its actual price. With that price, I would imagine a lot of other offers flowing in, probably offering even a much higher price. That would not be difficult to sell at all. Rich people are even probably eyeing on the result of this raffle as they know there is high probability this plane will end up in the hands of the ordinary people who will dispose it as soon as they know they won it.

If I will be there in that country, I would like to buy that ticket, why? Because it could be a great investment for me when I won that plane, it will be a unique plane since tbe president is the current owner of it, and I can make it as a transport for tourist , I would not resell it since I will be having more money in a long term, so yes I would like to buy it if I can.

When you won up such price and you do only spend less for tickets then you wont really mind too much on selling it expensively and the idea on selling it cheap is better

yet you would able to dispose it off easily same as you said.I somewhat disagree on the point that rich people wouldnt allow ordinary people would win the lottery because of that mindset.
They do rather see some opportunities to resell rather than focusing into that mindset that you mentioned.

maybe selling the plane and buying Buses or Boats to use as transport business same as what you said building apartments and rent for profit.

there are many option to invest than this plane.

But OP said, this is the jackpot for the ticket in Mexico, if Im not mistaken , so this could be a good investment , for just only a cheap amount there will be a possibility that you may get that plane, but like what it is needed in other games , as many ticket as you have the greater possibility that you may get the prize since you have many entries.

The chances in the lottery are not much if we only buy less than 100 tickets, but that will depend on our luck. The ticket holders will be difficult to win the lottery because I think if the rich people want to buy the ticket, then people who buy a small number of tickets will not have a big chance to win. They can hope that they can win the plane, but after that, they need to think about how they are going to pay the services after 2 years for the free services for the plane.

Exactly.
I think it's important they find a buyer that will buy the plane at that exact price, or little bit below  otherwise It may be hard for the winner to find a genuine buyer to buy at that price.
 I guess the government tried to sell the plane at the price but didn't find a buyer, it then decide that lottery is the best way to "sell" it profitably

The chance of winning the plane is low but this is lottery and more than that so whomever will be the lucky guy, ready your airplane parking space. Even Rick Harrison wouldn't buy this plane if you go to their shop and sell this with the current value of that plane.
So, is someone here from Mexico already participated and tried their luck to buy even one ticket? this is for good cause so whether you wouldn't win, it is ok.

Sometimes I feel this cannot be a true offer and just a Hoax or a joke. Do you think any government will take such step or make such an offer ,where you can laugh and make fun out of it. I would like to hear if this is a real offer ?  Hard to believe.

I will definitely buy a ticket but only Mexican can buy a ticket, so if I am a Mexican I will get as much as I can so I can increase my chances of winning 130 million dollars is a lot of money for a $25 worth of ticket, I will make a partnership on an airlines to manage this presidential airplane with a 50/50 profit sharing, I'm pretty sure it's going to be a big hit because it has a historical background.

Even Im win that presidential plane if I purchased 1 entry for $25 I did not know how to drive a plane so I will sell it to others to earn money.

For sure many people buy ticket and spend a bunch of money to win that plane but the probability is very low but the more tickets that you buy purchase the more chance but don't expect to win because of the 6Million tickets total. I want to know in the future who's gonna win.

I'd like to win that Presidential plane but unfortunately, I'm not a Mexican, they are lucky to have something like this, imagine a Presidential airplane not every citizen of this world can own a Presidential airplane, I will set up a corporation to manage this and make it a highly commercial venture.

I am not sure about that because to have a plane, and they need to think about the hangar, the cost that the plane needed monthly, and else. If they don't have much money as a billionaire, it will be difficult to pay all of the costs, including the tax.

Besides that, the ticket cost is $25, and I think people would save their money for another thing than to buy the tickets. But that will be different for people who are addicted to gambling because they will try to buy the ticket and expect to win the plane.

Whoever will win this lottery will be in Mexico's history, the presidential airplane has historical value in every country not all common people can own one, better use this presidential airplane for business, because people love to ride in a presidential plane, it will not be called a presidential plane if it is not special.

The government probably made the ticket cheap and exaggerated the price of the plane to make the whole thing very hard to resist. 
I wonder if the story is true though. I expect people to be investigating the true worth of the plane, and whether selling it won't be that difficult

Holy fuck. Where would I keep it if I won lol.  It would be nice to have own private plane though then I can learn how to fly but am sure the fuel prices would suck my poop out so in a sense, it's more like a lottery since the winner would just sell the whole thing back to some organizations or something.

It's just like how the lottery works but winning a huge plane is the problem because it will require an own airport to park it. So, the best choice if you don't want to house it is to resell it since you can't make it run if you don't know how to fly it. Some rich people would want to buy those tickets I'm sure but I don't think some minorities will try to buy one.

well we are talking about the winability from Lottery to raffle is the issue,in raffle there is much chances of winning than in Lottery.

and besides this will be depending on  luck so even if how many ticket you buy(not unless you buy all the ticket lol)so the chance of being a winner is for everyone who will be participating the game.

the question is how many ticket will be needing to be sold before they pursue in raffle?do they need to sell all the 6 million ticket?or will they allow smaller volume to start the raffle.

If we resell it to government, then surely government would not buy it back at 130 million (its real value) but at a far lesser price, let's say 110 million, so that's another 20 million dollars profit for government. Add to it that it can repeat the same to lottery again lol.

The government can make the ticket cheap and make it attractive so their people can interest in buying as much the ticket. They can announce in the local magazine or newspaper every day to attract more people to come.

Perhaps, some people will investigate, but for people who don't have much money, and don't think about winning the place, they will not buy the ticket because their life will be more important to use the money to buy the plane. If I thought, the presidential plane will be too expensive, and not all people who can buy that plane, and they must have a lot of money to buy that plane.


People who buy that ticket will be limited to some amount, and they cannot buy all of the tickets because the government will not let that happens. The government wants to see that it is fair so all of the people can buy the ticket with some number of tickets.

I guess they will sell all the 6 million tickets or perhaps, they will calculate how much money they can get from the tickets so they can close the buying time.

That's possible, but if the winner is an enterprising guy he can make a business out of it, he can rent to major airlines or he can set up his own airlines, I'm pretty sure the bank will lend him money to set up his business, with the plane as the collateral or he can resell it at 105 lower or even 20%.

If people are purchasing the raffle then it is to help the president fund the project as no one will be able to resell without any prior experience in the field and it is not an easy job as the maintenance and other headaches that come with it is huge. They could have sold that through an auction where people will only bid if they are able to purchase it rather than giving away as a raffle. Either way i bet the raffle will be won by the someone close to the authorities and they are conducting this to get funds and that is what i think :D.

I have seen this news in a well-known media, about the plans of AMLO, Mexico who want to sell the presidential jet by raffle (lottery), in bandrol at a price of US $ 25/sheet, The weirdest thing to me is that this lottery has been auctioned for almost a year, but no one has been interested in buying the plane yet.

This is a strange event for me, even though Mexico is a country that has a successful businessman.

When this news was released many people in Mexico did not believe it, alias the president was joking, but in reality this is true for those who won the Boeing 787 Dreamliner can take it home.

I think because it hasn't been won for a year, this lottery is, perhaps, in terms of very high operating costs for aircraft, parking, etc.
spending more money when the plane is sent home.

i think what you mean by that highlighted word is 'PLANE" and not lottery mate?but yeah it has been year when it was first auctioned and been offered to US president Trump or maybe other prominent people also but denied to find buyer.i think the price is too high or the plane is too old for them ,and instead of buying that plane they would prefer buying brand new.
we don't know whats the original plan of MExican president here ,that is why he is selling the service or he might have plan buying newer model.
this will be the Biggest gambling occasion of the year if this 6million tickets will be sold out costing 150million dollars,huge amount perhaps.

The maintenance and parking for such an airplane costs a small fortune. It's all proportional with the size and age. I think that this is the reason business men didn't hurry buy it. They can get cheaper, newer, smaller aircraft.
If the raffle is a success, they get more money than a sale or auction would have got. And the new owner will have to sell it too (because of the maintenance), but this time he can afford to sell it very cheap.

I don't think that this was mentioned, but I think that the odds of winning are much better than the typical lottery.

If I am a Mexican will try my luck by buying more tickets that I can, $130 million worth of airplane is a huge jackpot, I can sell it half or might even do a lottery of my own, I'm sure those who participate in the first lottery will bet more in trying to win this Presidential airplane, but whoever win this airplane will become a big celebrity because this is the first time a guy won a Presidential airplane through lottery.

25$ is still some money and it's a raffle, so there's also the (quite big) chance you lose all that money.
Imho "buying more tickets that I can" is not the way to go. Like in every type of gambling, moderation is the key: don't force your luck by putting in more money than you afford to lose.

There would be huge maintenance for that plane specifically speaking because it is a extra big size and it would needs millions for one time servicing. That plane would only be profitable to purchase for some huge owners of Airplane firms.

There would be no benefits for a normal person to buy or to win that plane excluding with the perspective of re-selling it. Even millionaires or billionaires would never buy this kind of plane but instead they might go for private jets or something like this which would be convenient for them to store as well as to maintain them. Huge planes are only beneficial for higher Air-traffic which would only be necessary with some International Airport authorities.

The benefit can get by the winner is he can resell it and imagine how huge he can get for only $25 but for sure the chances is so thin since imagine 6 million tickets are at stake and maybe there are more people will buy more tickets since the price will give them a million dollar profit if they re-sell it. But seriously speaking it's a huge pain in the ass if the winner will use it for personal use since for sure maintenance will be knocking on their doors.

I think there will be other countries and governments who would refer to buy it instead of putting it as a raffle grand prize. They could still sell it at a profitable rate. That's the reason why the government should think a couple of times before acquiring and accumulating government assets.

I don't think the government would actually going to buy it if the winner wants to resell it to them back. But your speculation might be possible though if the government would actually to buy it but with a lesser price than the original.
But let's not forget that there are rich people out there also who wants that big plane on their courtyard. I think it's up to the winner what is his decision.

My calculation shows that the Mexican president is much wise in terms of making financial decisions. This actually attracted me for the first time when i read but my calculations made me lose faith. Selling 6M tickets work $25 each would accumulate $150 million and the actual evaluation of the plane is $130 million. This would really be a wise deal and I do not really think many of the peoples would purchase the tickets.

Large investors might buy packs of tickets just in order to get their hands on the plane but speaking in favor of normal people, I do not think those might buy those tickets. This is actually a business strategy being used by the Mexican president in order to have maximum profits as well as to sell the plane at an effective price.

I live in apartment building so i am not sure where i would park that. It's looks pretty much twice a size of our parking lot. Sure that would beat a bus to work i guess but i can see all kinds of problems with logistics. Maybe i am not the right target audience for this.

When we are speaking about maintenance for that plane, of course, it needs a huge cost, and not all people have money to do that. If the airplane company can buy the airplane, perhaps, that will be useful because that company can use it for the commercial things that can give them more profit.

I think the same as you. The millionaires or billionaires will buy private jets than to buy the ticket or buy the plane because comparing with the cost by the plane or the jets, and they would spend the cost of the jets. But the final result for the winner will make people curious.

I know if the person who are not millionaire won that Presidential Plane it's hard for him to pay the maintenance for that plane everymonth but I believe that they still people who are buying ticket even they are not rich because they want to win that plane maybe they have plan to sell it once they get that so they can make huge profit and turn into millionaire $25 is good to buy other things but they take risk that money for hundred millions dollars cost of plane.

same thoughts here mate,if this is also available for other countries because we may consider buying since that is a cheap ticket and also is there a chance to have a option buying using Bitcoin or cryptocurrency?
would love to have at least 3-5 tickets in my name.

though there might be a problem shipping the ticket for farther countries.

Wow the value of the Presidential plane was $130 Million and that is huge money. But for the 6 million tickets and only 1 lucky winner that is very lucky for the person who gonna win that prize. What is the status of the ticket selling how many are sold and left? $25 each ticket Is good for the others but for the ordinary people it is good to buy some their needS in home.

$25 is cheap or expensive depending on where you are located in the world. I am not sure how big a deal that amount in Mexico where the lottery is taking place. But I am sure there will still be buyers because the value of that plane is too high it cannot be compared to $25. But the chances is too low. A single ticket has a single chance out of 6 million. That is close to impossible to win.

I would be interested in buying a ticket.
I don't want the plane in order to cover my needs... I don't need a plane to make my transportation and apart from that it might be a lot of expensive for me. In case I win, I would sell it in order to get the money and do something else.

Perhaps, you can negotiate with the government if you win. You can tell them that you don't want the plane, but you want the money so they can give you the money, and the plane still with them. For people, they need money to buy their daily needs, so they don't need a plane, and they will sell those planes if they win. It is enough if we can use mass transportation to go to some places, including to go to our office, so we don't spend more money, and saving that money.

but, 25$ is too cheap if you will gonna won an airplane worth 5000x of your investment. I would like to have that ticket too, If only I am in mexico I would like to buy that ticket, maybe I dont have even 1% chance to win that prize, but still less than 1% could be the winning number for me.

yeah we are talking about other option of investments because having a Plane is not that easy to maintain specially if you don't have any idea how the aerial business works,so better selling the plane and invest in other businesses that may easy to handle,business that we can afford to manage without bigger problem right?imagine you need to rent a Hangar just to park your plane and the maintenance and security?same as finding clients to rant the plane?so it is not advisable for simple human having this.

I can't imagine if ever I am the one who will hit the jackpot and get the prize a presidential plane. I will take it or sell it after the confirmation that is mine. Yes, you own that plane but you dont have a landing base for your plane. Well, that was all about a lucky day if you will hit the jackpot. But you need probably to purchase a lot of tickets to get a high chance of winning. What is the update on this lottery reward, or maybe this is was already taken?

Everyone has the same percentage rate of winning, however, the only problem you have is if you win that prize then where can you park it and even if you are planning to sell it, it will take a lot of time to sell it because it is really hard to sell that kind of transport vehicle. Unless you have your own airport,  ;D

No, I wouldn't buy a ticket for this lottery. Why? Because $25 isn't a negligible amount for me, and if I bought a ticket, my win chance would be

1 ÷ 6,000,000 x 100% = 0.000016667%

This would be, basically, similar to throwing the money away. But I would buy a ticket for $1 though. I don't want that plane, but if it worth $130 million, it can be sold for around $50 million easily. Good money for anyone on the planet Earth. :)

That would be easy though since how could we win on those chances while there are millions of tickets to be sold but I think there are sane millionares will have an interest for that especially if they are collector since it's a presidential plane and the history beneath could be more valuable.

I will try my luck, and if I ever win that prize, I will sell it back to their president with a cheaper value, that way the problem awaits me no more. (Maintenance, space to put it, place to use it, and so on) everything will resolved by bringing it back to its former owner.

Good luck to you. I hope you can win that plane. But you need to think about how you want to do with that plane if you win because they give free services for 2 years. And after that, you need to think about how you will going to pay the services because I am sure that the cost will be too expensive. If you don't have money to pay for the services in the next 2 years, it is better to sell that plane, at least, you still have big money. That will be good if you win, you want to sell it back to the government. That will still give you big money.

That would be crazy if you win on that lottery since for sure it will be a pain on the ass on where you park it since the plain is so huge and I'm starting to imagine the neighbors reaction if that really happens  ;D.

I think this is crazy why they want to raffle it and the ticket is so cheap? I think this is only a big joke because no one can raffle the plane if the ticket is only 25$ each the owner is crazy.
Maybe if the 25$ ticket I will buy also ticket for try maybe I will think that I bet in gambling for 25$.

the plane is only valued at 130 usd but if you calculate all the tickets sold ( 6m tickets x 25usd  ) you will get a good amount of cash over than the price of the plane   .

 imagine that  ?  they dont loss anything here but they still earn some profit  and the plane is already used  but still okay for the price of 25 usd if you won  . still its hassel to participate on here ,  id be only buying local tickets on lotto and i can also earn big close to the said prize 

When it comes to odds then hitting would be 1/6000000 and do increase odds for more tickets purchased.
Okay lets talk about Powerball chance which do have 1-in-292 million then try to compare on which one is better.
For businessman then its just normal for them to sell out things for them to make profits.

I know from the start it sound like a fucking joke and the last option to sell the presidential plane, but i have some news for you guys, the lotto tickets has been created... So, the plan is moving on.

Thanks for the image share!

Of course this one would proceed yet the man involved on here is the president itself.He wont make any announcement if he wouldnt make it happen.
It isnt a fucking joke on first read up yet these guys do have the capacity on having a presidential plane.  ;D

Assuming that all the 6 million tickets were sold for 25$ each, the owner will at least receive 20 million dollars in profit!

I know that my luck in gambling and the odds are always against me, but if I have a spare $25 that I could use for the raffle, I can try my luck and see what it comes next! I mean, who would use a presidential plane for their leisure? The maintenance fees, hanger rentals, etc. would cost a fortune, so the obvious pick would be to sell the plane.


The problem would be looking for buyers for the lottery tickets. $25 for a ticket is relatively expensive given the chances of one winning and the people who are willing to buy those tickets. If the owner would first sell all the 6 million tickets before starting the raffle, then I think it would take some time before the winner gets announced.

so this is really legit?if does then is it welcome for other people(from other countries)to buy tickets?are these available online?
i am sure many of us here wants to buy as well because this is once in a lifetime chance to purchase and if lucky will win a 'Presidential Plane' this is really an honor to have though may not stay longer in our possession as we cannot maintain this and have to sell for another investing but yet at least we will have a opportunity to Enter and experience being in this Popular plane.

No doubt, there might be some crazy billionaire who could buy out all 6 million tickets, worth $150 million all together, just to add that plane to his/her collection. But the question in the OP is "would you buy a ticket?", meaning that he's asking us, regular people about our willingness to participate in such lottery. And I can repeat, I would buy a ticket for $1, same as I bought $2 ticket for freebitco.in's Lambo lottery, although the win chance in the latter was even smaller. But I wouldn't throw away as much as $25 to participate in that presidential jet raffle.

because it is gambling mate and they will spend more money for operating this raffle than just selling the plane directly to buyer that is why the price may extend more than the selling price,and besides the ticket is cheap for people to win a  plane so what would be the problem there?and all the proceeds of this raffle will surely come to the Mexican people so who are we to judged?are you from Mexico?because it seems that you are much concern about the proceeds of the event?

anyway since this is really coming then all my wishes is Best for the Ticket buyers and hope the winner will be deserving for this life changing event.

It will surely takes time before those tickets would be sold out if we do talk on casual lottery ticket purchase from to its citizens but if there were big investors or businessman would
tend to purchase half or 3/4 on overall tickets then this one wont took long.The advantage here is the current position of ticket seller yet he's a president
and lots of people do able to know such lottery event.Lets see on how long this one would sold out.

Wouldn't it be better if something like Air Force One is the one that they have to put in as a prize? ;D
I wonder if people would actually buy the tickets, though the problem here is what are they going to do to that big aircraft?
Even if the presidential plane of Mexico is not that big as the Air Force One but still there problem is still the same. I guess they have to resell it back to the government or put it up in auction.

A lot of people would buy a ticket since the president of Mexico himself is asking for help. They would be using it for the country so the president is really begging for the people to buy it. I don't know but I might buy a ticket if I know where to buy one.

Yes it would take time since it will be a lot of ticket, but if it would be raffle in other country I mean , it will allowed other countries to participate in that certain game I think it would be good to the seller, also, it would be easier to fill the slots and they can start the raffle right away.


Yes, it could be one of the reason why you and also me, want to buy that ticket because we have an assurance that we may buy a ticket and won that price fairly since the president of that certain country is involved actually he is the one selling for the good of his country, so I hope we can buy also.

A plane woth really big price and for the lucky person who win that plane I hope he is rich because having a plane you need more money because the Gasoline, maintenance, and the other parts you need to buy if they need. But for the people who win that plane if they are not rich better for them to sell it to the other people who can afford to buy that. Goodluck to the people who buy tickets best of luck to them.

It seems that they are still not decided about putting the presidential plane in the lottery. It is said that the final decision will be said this upcoming February 15, we still need to wait.

https://mexiconewsdaily.com/news/airplane-raffle-undecided-but-tickets-designed/

That would only be fine if I can always ride it even without my passport (Even if its only to Mexico, that would also be considered be great)  ??? At first I didn't knew this would be real as far as I know it is indeed an official use from the government but to thin they would run this kind of idea, kinda insane if you ask me.

It's because it's a crazy an insane decision, even though if that plane is just a $130m then their comeback will be about $150m (if only they would be able to sell all of the tickets) that's ridiculous?!

I know right? I know that they are having a short budget for the country but placing their presidential plane for the lottery is insane. I would like to help a country in a way but still, that is a presidential plane. I think they would be reconsidering this and make another way for them to reach the budget they wanted. They are already releasing the design of the ticket and feel worried, I don't know why.

Running costs make this a fairly awful idea, just the cost of renting storage space and insurance is going to be thousands as a cost as soon as the winner takes pocession.       Its fine for anyone prepared but for everyone else half the stated worth because the winner immediately is in a fire sale or insolvent position of high asset low liquidity to service costs.     You need to be a company to pull this off, it'd all work if the winner immediately can enter into some kind of lease agreement with an airline.   Its not impossible but most people arent this organised.

There will be no maintenance cost if you sell the plane immediately after winning it. But again you will not find many buyers for the place and the only potential buyer could be the private airline companies etc. Ordinary person could not afford to buy such an expensive plane with no use case.

Are you even reading the article?

It is said there that the government will be giving 1 year maintenance for the presidential plane so whether you use it or not, it will be taken care of. You should also not talk about this in advance since you are not sure if you are winning and the government of Mexico is still thinking about the lottery.

People are going to buy a ticket because of, one the value of the prize he can always resell it at a much lower price or make a lottery out of it, or create a partnership with an airplane, and two he will go down in history as the first winner of a presidential airplane, anyway I looked at it he is a winner if I am from Mexico I'll definitely going to buy a ticket.

Yes If I will buy the ticket and won the prize, I will sell it in lower the price it could be, any thing could have a depreciation value, the year since it has been using and been sold , also I would sell it in airlines or maybe I would make it as a high class resto inside of it.


I do agree with this, everyone is being interested in buying that lottery ticket , I may say that it is not yet probable to win, there is a less than 1% winning rate in that particular raffle due to many people who will buy the ticket, and still we want to grab that chance, it only cost 25$ for a million of dollars in return !, investing 25$ is not as huge when yo may win the million or billion dollar plane with maintenance and came from the president, but the problem is, does the president still wants to sell that plane?

Maybe you forgot about the price of one ticket, which is $25. As far as I know, not everyone in Mexico can easily afford to lose that amount of money. And since the chance of winning is 1 in 6 million, buying a ticket almost equals to throwing the money away. That's why the price for a lottery ticket in more economically developed countries is around $2-$3, not everybody can afford spending more than that on a ticket even there, let alone in Mexico.

Selling it wouldn't be very difficult. Many private companies need jets and I'm sure you'd be able to find a rich collector who'd take it of your hands.



This is true, the price is very high for a lottery ticket and the prize isn't as good as the money. You can spend money at any moment but a plane is a burden you'll have to sell or find another use for it like a tourist attraction.

1 year is not the correct time frame to consider owning a plane so yea its nice but its not the long term solution.   Great of them to allow a transition for the winner, that does make things alot easier but ultimately this question of usability has to be considered for most people as a liability to the asset.    Same as owning any large asset, only houses are immediately relevant to people because they can put it to use every day personally so the effort and cost are personally justified.  
  I'm not criticising the idea of the government to raise funds especially but its not the dream prize many imagine unless its a qualified pilot whose buying the ticket then sure maybe :p   same critic would apply to the supercar lottos that are far more common, most people cant justify holding such a thing but a car is usually more disposable and a more liquid market.   I'm just applying standard rules of liquidity and fungibility, part of the background to BTC value is its incredible ease of use, storage and instant liquidity day or night but this is the oppisite.
  In theory I'd love to be like John Travolta and own a plane like this, he lives on an airport runway and he has space by his front door to park his own plane :D

https://i.imgur.com/29E5uE3.jpg

Yep, the raffle is just an option, but the president in looking serious about this. So, looks like it will happen.

The fun fact is: The Mexicans will pay double for that plain... The first time while the president buys it without taxes, and the second one with the lotto. It isn't fair. But Mexicans don't see it.

it has been announced that the raffle is legit and will happening soon as the fabrication of tickets is now on process and may be ready sooner.
this is not a crazy idea after all because he is aiming to use the money for more appropriate and functional ways since the President is not a luxurious type of person so he rather use the money in substantial ways than just this plane that he dont usually used.
if available in my country?of course i will sure buy at least 5-10 tickets since that is the amount i can spend for this gambling that offers a very rare chances of prizes.

I'd be tempted to buy it off.
of course you have to read the fine print very carefully. 1 year service / parking space is included if I have the article correctly in my head.
only few people will be able to fly with it, because it costs a lot to move such a plane. so the plan would be to win + sell it "cheaper". but if it would be so easy to sell it, it would have worked out for sure. although if you
set the price at 10 million it would work out for sure... it doesn't have to be the whole 130 :P

if I had the opportunity to buy a ticket I would certainly be part of it. even though I'm almost afraid of winning ;D

I know that feeling... Is like winning a big prize but a big problem at the same time. The first year is free, but after that, this plain can ruin lives.

Most of the people who win big prizes at the lottery ruin their lives, is funny because we think a lot of money can solve or life but big amounts of money come always with big problems and responsibility.

Yeah, everyone will think of how to take care of that plane whenever anyone from here becomes the winner.

The big pot can easily be liquidated if the winner doesn't have a background in financing or budgeting. It's sad but it's happening in real life that there really were jackpot winners that also came back to their old lives after winning a jackpot.

It's not a crazy idea at all because the money will be funded for the projects for the people of Mexico but the thing what will the president and the future president will use they will be opted for a commercial fight now that they are putting the plane in a lottery, but whoever wins it will be put in history and will also become an instant millionaire.

Perhaps, that is their plan or strategy to get more funds for their country. The government knows that not all people have big money to maintain the plane, so they thought that if someone wins the plane, they will resell it to the rich people, or they will sell it back to the government with cheap price. The important is people who win that plane can have the money which will be still bigger. They will not think about the project or the plan that the government has because if they can win and get the money, they will be happy.

is this real?John Travolta has His own planes Parking in his front doors?he made himself a hangar?damn that is pretty cool Knowing how popular John was?

but sad to say that majority of us here has no this kind of space and may not carry to handle a Plane if they are lucky to win the lottery,so i am sure it will only sell to the agent waiting in that raffle day.
if given a chance to buy a ticket even if i am not from mexico?sure i will try my luck also to at least owning a plane even in short period of time before selling to lower price.

The winner/winners will most likely need to sell It way below what it's claimed to be the cost... depending on the condition of the plane and its actual price in brand new condition.
 Kind of looks like a crafty way to get many people to contribute for public projects(if this's really for building new projects)

you don't want to think about running costs like maintenance and service with such a machine.
the additional costs like kerosene, taxes and airport fees are enough to not want to experience a single flight ;D

for such fun you have to be president, john travolta, abramovich or a member of the rolling stones... but then you can even upgrade to a boing 767 (https://www.haz.de/var/storage/images/rnd/panorama/uebersicht/rolling-stones-in-hamburg-gelandet/621693955-1-ger-DE/Rolling-Stones-in-Hamburg-gelandet_big_teaser_article.jpg) 8)

The Rolling Stones have been touring for 50 years and been making a hell of alot of money for themselves and everyone who travels with them, they can fully justify even the biggest airplane and its costs and even include it in a tax deductible scheme.   Any time we have to deal with depreciating assets personally we're at a great disadvantage compared to a company and their lawyers and accountants all paid for to reduce the tax and make the operation of that asset viable.   They dont even have to make any profit, just keep pushing the losses forward every year for six years and balance it vs any tax again helping to pay for it.
   I dont think people can do that only companies, giant assets need clever heads to balance the books for all the fuel etc.    I wouldnt think of owning this plane without an excuse to include it within a limited company balance sheet.    Even a supercar I dont know, I think 1 year max then swap it for housing in some way.   Maybe I could lease the car to a club that loans them out and ditto the plane, maybe its possible if lucky and a scheme will accept your random plane :o

strategy indeed because governments can be able to buy back it on the winner in  much cheaper price plus they already earn a cash from the sold tickets  . who knows , what if they will do a re raffle again using this plane    ?  .  the cycle will just keep on repeating but who gives a sh*t with it  .  as long as we already sell the plane for some money we can now be happy and can also buy everything we wanted to have   .  the only problem is if we can win a kind of raffle like this  because its also a one in a million chance

It's one in six million, to be more precise. But I like your assumption that the government could buy it back, and then arrange a new raffle. Do you know such examples from the past, btw? If I won this plane, I'd sell it half price at the first opportunity because it's not that easy to sell something for $65 million even if the real price for it is two times higher. It would be good for me, because $65 million is still a very good money, and it would be easy to do for the government with $150 million from the previous raffle.

that is a very bright idea and i haven't think of that from the very beginning i read this thread but right the government can even make the raffle favor them?

there can be some leaks about this if the government cheated the people right?i almost think that buying ticket if allow other country to participate but now?i am having a doubt because of the legitimacy of this.

maybe they must be transparent on this one or else sure critics will run after them.

Does the plane is still on raffle? I want to join as well, I think for me it is better not to sell it, I will make it for rent, will offer it to some tourist or airline company for a lower price but for a long term rent. So that I will have even a small earnings but for a lifetime if ever. I'd rather make it that way since if I will be given a chance to won, even I bet only a 25$ it could be a big profit for me.

The Mexican president says he will define this week about the raffle. So, is almost a reality... I will post the president's decision after he decides if raffle the plain or not.

And i will try to investigate the clausules of the raffle, would be good to know what will happen if someone outside of Mexico can win the raffle.

If the winner would be just an average joe then he would definitely re-sell that plane yet as said the cost of maintenance or even running that plane wont really be cheap.

So if you do think off sensibly then it would be much wiser to sell it rather than to keep it but the first question is, would you able to win it?  ;D

Man, its not really quite common to have these kind of prizes.

That is right. With the high cost to maintain the plane after 2 years, the winner will not be able to cover the cost if they don't have much money. They will sell the plane at any price but that will not too high as the real price of that plane. But that will not happen if that winner is already a rich person and they will be happy if they have a presidential plane, and that can give them prestige among their society.


Yeah, if they cannot have the plane, they can sell it to other people who want that plane. They can get money without thinking about the plane. If they can have the money, that will help them to cover their life for a long time, and perhaps, they could live from that money without the need for hard work.

I heard in here, one person already wins a car, but he confuses about how he keeps that car in his house. So he decided to sell that car to any people who want to have that car and luckily, one person came to him and offer that person to buy that car. Although the price is not too high as a new car, that person satisfies with because the money is still big money for him.

This is absolute madness and makes no sense at all. I can understand auctioning, but raffle? Most normal people would get in serious trouble real quickly even if someone were to gave them the plane for free. Maintenance fees, parking fees, paying a fortune to someone to move it or pilot it, etc. There is only a few rich elite in the world that could actually do this, or airline companies.

Besides this is the type of politician that would sell the plane only to buy a new one later. I'd say its just a publicity stunt, trying to gain popularity over ignorance.

Turns out most presidents have a private plane because it ends up CHEAPER than using commercial airliners. Not only they have to move their (often large) delegations around, they also cannot be delayed or be fighting for seats and company timetables, availability, etc. He would end chartering (which is like renting a limo vs owning a car).

Also remember than in most cases the presidential plane belongs to the country, very often the Air Force, it is NOT the president's property and shouldn't be seen as such. Whoever succeeds him would likely use it, so its more like selling a national asset. He might as well order selling a couple fighter jets instead... Not sure how the Mexican system works or if the legislative branch has anything to say about it, but its probably presidential for him to be disposing of things that don't belong to him in the first place.

Most countries in Latin-America have this cursed political system where the president has way too much power, and when a "populist" get into power, all hell breaks lose (and can end like my country with the worst hyperinflation).

The problem is for sure most of the tickets will be bought by Businessman that has more money and wanted to have the plane in cheaper price so they would rather join the raffle then buying in directly

Yeah This is a raffle meaning everyone has a chance even you only buy 1 ticket but the higher chances when you have more tickets,and this is what the businessman's do and they tend to let this happen

We dont know if there is agreement from the president and those richest people so they can have fun and also they may have the chance owning this presidential plane.

If there is a raffle and the price is so huge, I think many people most of the time the businessman will grab the opportunity to take a lot of raffle tickets because, as a nature of the person, we want to get a lot of things with a lower price. That plane was so expensive, and you take single money to take the risk, and even there is a small amount of chance still it is better to grab the opportunity. If that news releases earlier, many people will buy the ticket, but for now, we can use the ticket to make some marketing strategy like selling the price of the ticket double still many people will buy those tickets because we are expecting will be got a private plane. Still it depends on the person if they will risk their money to have a presidential plane or keep those money and make a savings to buy their private plane too.

I'm pretty sure, if they cheat it will leak sooner or later. Hopefully, they(government) know it too. But even if it was fair, I wouldn't participate with that ticket price($25). I personally don't understand the logic behind the decision to make the price of one ticket so high. Most of the lottery tickets around the world cost less than $3, and for a reason. The organizers know that they can attract more participants if the price of one ticket equals to what anyone can afford to lose.

what would I do with a plane?
it's expensive to mantain, probably not so liquid to sell...

thanks, but no thanks, I'd prefer having my part in bitcoin ;)

I don't think the it could single-handedly ruin your life to be honest. After all it's just a plane, nothing too bad could happen to you. But the maintaining costs and all is definitely a big pain in the butt. Nonetheless, you could just easily fix this by selling the plane if ever or you can have it be rented in a local air liner for business or VIP class. In that way, you won't need to carry the burden of taking care of a luxury plane like that on your own. It's just a matter of thinking, and strategizing at the same time. You won't have to put yourself into that kind of dilemma on your own.

It has been said that maintaining cost is being handled by the government for 1yr , so there will be no problem for that you just need to win that ticket and then you dont need tl worry about everything. Sell the plane after winning it, it will be okay, or just put it in a raffle again so that you will get more money, you can whatever you want once you WIN in that raffle.

First time seeing this thread and pretty much curious about the topic, and after seeing that the OP is stating that a plane is being raffled, well it is a good thing that the maintaining cost will be provided by the government that will be a big save after getting your hands on a plane, but in my opinion, this is not for all people if a normal person could get a hands-on this plane then I think this could carry a huge burden, and this is a sure exclusive for their countrymen only because the parking lot for this plane is an airport and ones can not afford an airport of his own right? might as well sell it in an auction or donate it for a common cause.

Maintenance free? Its impossible.

If you wont the plane then you do have the full responsibility of it, from maintenance to fuel consumption or even the parking space. The government
has nothing to get involved with  yet its already your possession.You wont really have any choice but to resell this plane or would consider to be
put up on some sort of investment.

The maintenance cost will be paid by the government the first year or the first 2 years, they are not sure about this decision yet, but after that, the winner will be fucked up, because the maintenance cost is just too high for a simple mortal like us.

And that will lead for the winner for having no other option but to sell it back to the government or maybe to someone who has the capability to handle the expenses for this transportation vehicle.

Are they short in funds? Or in desparate need but doesn't want to loan to other countries?

Nevertheless, having a single ticket would onyl get you as far as 0.000016% of winning. Near zero value like this won't attract me that much.

Also, how are they so sure that 6M tickets would be sold? (Unless whales hoard tickets, or people there really does want a plane). Winning it also comes with another problem of selling it. Unless he is an experienced one, he might get into trouble for dealing and selling this property.

I would choose the selling route and use the fund for things I am really good at. Most likely things that I will do well in that benefit more people and are "profitable"... than from renting out the plane to benefit probably, few private jet users.

Either way, that would be the case.

Also, I don't think we should even worry about this since the government of Mexico is still thinking about this lottery. The percentage of winning is low but the fact that the money I will be paying will be used for the good of their country, I will still buy a ticket.

That's a lot of money, if he manage to sell those ticket for $25 each he'd get 150M but those average citizens wont probably be interested because they have to spend money to store it, maintenance and pay a pilot to fly it and you'll only get 1 in 6M chance to win it. Why not just do a bidding with airline companies to raise and to sell it much more easily or collect proper taxes from business in their state and eliminate drug cartels that's destroying their economy.

it has already come to bidding but there are no interesting to the amount targeted to be sold in which i believe is 120 million,and even US president Trump deny to Buy the plane that is why Mexican Government comes to this Idea to make a raffle in which will favor them as well because they only target 120 in selling/bidding but in this raffle they can gather 150$ as what you mentioned.

the idea of selling to airline companies is definitely better.
I talked about ho stupid would be to buy an airplane if you can't mantain it on an earlier post on this topic.

regarding eliminating drug cartels: politicians have skin in the game and earn with the prohibition, only effective way to end the war on drugs (which is really stupid, btw), is legalizing and decriminalizing.

I don't know if they are really short in funds but I read that the Mexican president hates or doesn't like boarding a private jet or plane. Surprisingly he boards common planes from airlines and not his private plane. As far as I know a family voluntarily get out of the llane since they didn't want to be with the president as it may be dangerous for their children. Not literally the president but because of the people that takes photos with him and that might cause an incident.

That is the idea if you win the plane it is obvious you are not going to have any way to keep it but you can be sure that different airlines through the world will be looking for you and offer you a good price for the airplane, when you take into consideration all the factors it is not a bad deal, it is obvious the chances of winning are low but if you do you could easily solve your life in an instant and even if you do not you will be participating in one of the most interesting raffles ever.

So let's do the maths.

6 million tickets * $25 = $150 million. You can buy these plans brand new for $120 million, so his used one is probably worth more like $75 million.

That's a 50% return to player rate, absolutely terrible IMO.

Also, who in the hell wants the presidential plane? They'll just sell it straight away and likely have nowhere to even park it. I expect this will completely fail.

I find some interesting lines into this article.https://nypost.com/2020/02/03/mexican-president-wants-to-raffle-off-his-plane/

Mexican president do make such lottery or raffle to distract from Mexico's record homicide rate and violence and also this,
It says the ticket fee of $25 will go toward medical equipment and hospitals offering free care for the poor.

Do you really buy on that reason?

If this really happens and all the collected money goes in a good cause, there is nothing better than that. The idea of Mexican president is not only interesting but also it made many people surprised that such an idea could come from the president house.  :)

Do anyone knows, has this lottery been started and when the draw will be done ? I would really love to know how many people participated and who was the lucky winner.

This is indeed a nice way to get money to help a country collect funds without losing anything in reality and the plane will be bought back with profit. When people will know that the amount collected will be used to help the poor and the needy, many will join the lottery, even they had no interest in the prize.
Don't know about the exact date but i read 15 Feb.

Its said that he would still make the final decision on Feb. 15 not the actual drawing and also to put up some good quote from the president.

If said money would be fully intended to help the poor then its really a good cause.

I doubt he will sell out 6 million tickets by then, so he will probably end up giving the plane away for a lot less than it's worth.

It would have been much more efficient to simply sell the plane at an auction, to a chart company or even an airline company.

He would probably have raised more money that way, and hence made more money to pour into healthcare/schools etc.

Well, for me this is a sort of easy way to raise a funds to spend to other projects a good intention for the president. By doing math the total amount of the sale for the presidential plane would a huge profit, and i'm thinking about who are willing to to buy that ticket to take their chance to win the plane.

If ever, i would only buy one ticket for it and if i won, selling it is the best option for me i don't even think about using it its a luxurious plane and costly when it comes to maintenance selling it and use the money to spend onto other things would be a great idea. I knew some other will going to buy many tickets to have a better chance they can afford it.

who knows what is the deal behind this?who can assure us that the money will be used for other project?and like what other poster said above having a Presidential plane saves the government Lots of money whenever they are travelling because he(the president) must be accompanied by many delegation and for sure he wont be flying by Himself so the reality about selling to spend in other project is questionable.
if lucky to win,then you can even Rent the plane because that can be a bread and butter as this is a transportation thing the only problem is how to maintain and secure the plane by simple people?

Even if he rent the plane, he needs to have rich people potential customer who will rent the plane, and he should have a busy day to travel from one country to another country. I am not sure that he can find that customer since not all rich people want to rent the plane because they prefer to buy the plane by themselves.

The best thing that people can do if they win that plane is selling back to the government, but they cannot sell it as a high price because if they sell it too high, the government won't try to buy that plane. They only have 2 years to find the potential buyer to sell that plane, but if they cannot find the buyer, then they need to think about the fee of the plane.

Selling is the best thing to do if ever you won that presidential plane.

The maintenance is quite expensive to keep it for an ordinary citizen. But since the ticket only cost $25 its a big reward winning the plane.

Well even they buy it in cheaper price it will be acceptable since you only spend few dollars for the ticket to be able to win that plane.

I didn't even know, but I guess the OP knews it and he based it from other news.

You're right, it is questionable where does the president will spend the money in the first place it is a property and money from the government.

Absolutely, thanks for another good idea as it will give a passive income than thinking where to spend the money if i'm going to sell the plane and have a business. That's the only problem to maintain it since it was a luxury, there should be a certain rules to be added to the passengers and to keep the workers to check the plane regularly as long as i can pay them.

for sure Buyers are already in place even before the raffle starts or maybe the government itself will offer to buy the plane again.
there are many scenarios can happen because the motive of the event is also questionable for why it needs to be sell or raffled when each presidents need a private plane when travelling abroad,it is not only because they can safe a lot but also the safeties and security of president and His whole delegation as for sure prominent people will be with Him every trip.

I do agree to this to some extent. Airplane is a very expensive item and there are possibilities that this plan may fail. But the idea is good. If he could apply the same to any of the presidential car or any other precious belonging, the results could be far better and many more people will be interested to get those things which are easy to maintain.

Even me, if I will have it or won it, I would rather sell it, just imaging I just only bet a small amount like $25 then I will get that plane cost millions its been a 10000000x the amount I release, this would be a a hard to win thing since many people wanted it, but I will still try my luck, because I am very lucky in raffle and such lottery, there is not bad in just trying.

Yes , there will be a huge amount of earning as well when you will make that plane for rent , I think it is more good to do that, it could be a long term investment, will consider this one as well , when I won that plane.

I think you can sell it for a high price even though some people/ the government itself will offer that is almost very low compare to the plane itself. The plane cost is 130M$ I think Selling it for 10M-50M is not a bad price considering that you just win it for a 25$. Personally, If someone offer me 10M for that plane I will sell it right away as long all the tax is paid and I will get an exact 10M$, like it or hate it, it's a jackpot and it's a freaking Million Dollars, so yeah! it's not bad and I think I will participate in this kind of raffle or somehow lottery  ;D

I just have some question in my mind, why does their country want to sell/raffle their presidential plane? If they are going to replace it then, good for them! But if not, that would be a huge loss for them, every country should have a presidential plane, and it's one of the needs of every president.

Ok, today we have a huge update about the topic. The Mexican president decides to make for this a reality or kind of...

To explain this i will talk in Mexican Pesos, so, remember 1 dollar = 20 pesos.

Today AMLO (Mexican President) decide to make raffle and he doit public, but he changes the rules of the game:


As you can see in the ticker, there will be 100 winners of $20,000,000 pesos. And there will be a total of 6,000,000 tickets $500 each ticket.

So, the total amount to get from this raffle is $3,000,000,000 Pesos, $2B will be to pay the 100 winners, and the other $1B will be for the plain maintenance in the next 2 years, hospital equipment and other stuff.

No one will win a presidential plane, only the value of the plain... For me, this sounds like a big scam. What do you think guys?

A little bit confusing due to that Mexican dollar conversions but as far as i understand
6M tickets would be sold out $500 each or this one is on mexican peso?

Good thing that they would give out or do having 100 winners but some question is that whose gonna own the plane?
or would still be on the posession of the government and do only ask out some have part of 1B peso in the lottery?

It do really sounds scam after all.

As an update to this lottery, Mexico abandoned the idea of raffling the presidential plane. It seems the president is aware of the reactions this lottery is getting from the internet.

https://www.theguardian.com/world/2020/feb/07/mexico-lopez-obrador-presidential-jet-raffle

6M tickets at $500 pesos each one, that's $25 dollars each ticket who can win a max of 20M pesos (That's 1M dollars each winner ticket.)

The plane will stay in hands of gov. an they will rent it, that's the idea.


As the article say, and as i explain, the plain will not be the prize. People will win the value of the plain.

As the article says the prize of this lottery will be divided into 100 winners. The actual prize pot of the lottery will be $100M which is not the actual price or value of the presidential plane. It is also stated the Navy will be holding the plane.

What a nice play, by that they even don't want to give the plane in the first place eh? Its way more understandable if they just bring an around the world tour with that plane.
100 winners = 1 Plane... LoL
Can't help myself from laughing.

They do alter the rules and i do see its much better rather than taking a single presidential plane. 100 winners is much preferable than 1
but they shouldnt hope that they would totally sell out 6m tickets which totally cost of $150M. .. 50M usd for maintenance isnt justifiable.

Yes as its sounds a money making for them. I have no doubt people will still try their luck and will buy a raffle ticket, The good thing is 100 people will be the winner which looks like a good odds for the people to be convinced.
I will not going to buy a ticket anymore also the price marks up

You can accept if people/the government offers to repurchase the plane before the two years free service is gone, so we don't have to think about the high cost for the service. Selling for $10M still huge money, and with that money, you can buy many things ;D

Perhaps, they want to get money for the country, so they make that lottery, and if someone from their country wins that plane, they can buy the plane at the cheap price. They offer 2 years of free service so people who win that plane can enjoy for that plane, and perhaps, they can travel to another place before they sell the plane.

But finally, we have an update.


Yes, I think that sounds a scam because they change the rule, but it makes sense if they give the plane value to the winner. But we don't know the real info behind that lottery. All in all, the government still got a lot of money from that lottery.

Rent the plane will be a good idea from the government because that can give a chance for their people to feel how to travel to another place with the presidential plane.

Win planet or ticket i dont undrestand ,

This is better.

A lot of arguments for that plane, let the Navy handle the rest of it. In terms of the lottery, I think the $100M is better than one plane. The fact that they will be dividing that to the 100 winners is also good for me. Comparing the prize of one presidential plane to $100M divided into 100 winners, the latter is so much better.

This is for me a good deal than the actual plane, the cost of the parking and maintenance will cost millions of dollars because of this it was widely criticized with ten people sharing the 100 million post is a good attraction, people will have a good chance to win than picking one winner only on this lottery.

This is definitely problematic, if the government wanted to get rid of the plane the raffle made sense, it will be a weird prize but one that is incredibly valuable, but now the plane is not part of the raffle at all, they are going to keep it and while the prizes are good this is very different than what they promised at the beginning, it is not a scam in my eyes but it is definitely a huge change, did they explained why they want to keep the plane?

I agree with you, the totally chance the rules, the prize is totally different from what they promise from the start. They didn't explain why they will keep the plain, but some rumors are saying they get a demand from Boing saying they can't sell or raffle or do something with the plain until they finish the debt with them.

Yes, as far as I know, they want to make fund for some government projects, the money that they will be collected will help them to build more infrastructure, build new programs and many more, also the president is the one who are going to sell this plane, so it is sure that this is true and it will be a win-win for the bettors and for the government of that country.


Oh, they have debt? does the government already pay the plane to Boeing? in that case, I think they need to pay them first before make it as a raffle , for no more problems in the future.

The idea was to invest some of the money in hospital equipment. But the numbers arent clear at all. In the end, the plain will not be sold, the loto prize will come from the sold tickets.


Yep, the debt still on:

https://mexiconewsdaily.com/news/presidential-dreamliner-remains-unsold/

I am confused here, they are wanting to sell it while they have debt because of it, why not just give that plane back? I don't know how these works but his predecessor bought a plane in his pocket or the government's pocket? If he bought it in his own pocket why is he even allowing the government to use it as a  presidential plane if it is his private plane? The president doesn't even want to ride it, he took normal flights.

To be honest, now I'm completely lost with this story. If they needed money for hospitals and stuff, why didn't they sell the plane when there were actual buyers?


Could it be that they were planning the raffle already, the raffle with which they could get the money without giving out the plane?

They needed the money but I don't think that then can just sell it due to the said reason above.

Even if they can get an actual buyer, they can't still determine if this will be sold as soon as they need to. Also, before they can sold this Presidential plane, they need to finish their debt first.

They should really pay up their obligation first and i dont know that its possible for a thing to become a prize or some sort even if its still not totally unsold or completely owned by you.

Its quite a shameful thing for this kind of revelation which they are tying to make money by using that plane lottery hype but totally covering up the main issue?

Wondering if people would able to trust this kind of lottery.

This topic is getting complex with time. This week the president gets a $2,000M pesos check and he say the money will be used to pay the 100 winning tickets... And this week he makes deals with business men to sell them $1,500M pesos in tickets (The half of the tickets).

So, since there is no clear where the money comes from and what will be used for, and since there will not be a presidential plane in the raffle,  i will lock this thread.