Win a Million Dollar Ski House

What recession?! Somebody had enough cash flow to donate a ski house to be auctioned off for charity. And not just for a week - forever!

Believe it or not, The Vail Academy is raffling off a $1.3 million ski home plus $450,000 in cash to help raise money for the school.

The school must have some high-profile friends - even Vail residents and reality-show celebs Trista and Ryan from "The Bachelorette" have been promoting the auction.

Here are the details of the home and auction:

The Prizes
The grand prize is this furnished, 2,700-square-foot luxury home in West Vail, Co. (right) with 4 bedrooms, 3.5 baths, 2 fireplaces, hardwood floors, plus $450,000 in cash to help pay the taxes. Each Friday, cash prizes are also awarded. For example, on Nov. 4, $4,750 was split up among four winners. Plus, if you refer the grand-prize winner you win $25,000 and you can win $12,500 just for referring a friend.

The Tickets
Tickets cost $100 each and the series of early-bird cash drawings prior to the Grand Prize drawing make it worth while to enter early.The next drawing is Dec. 4. Tickets can be ordered at or by calling 866-638-9488.

The Drawing
The drawing will take place Dec. 31, 2009.

We can picture it now: spend a year hosting lucky friends and family in your new ski house. Heck, fly them out with some of your extra cash. Then sell it when the market picks up - or rent it out for approximately $40,000 a season. Sounds like a pretty good deal for $100.

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