'We're selling our four-bedroom house in a $3 lottery'

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'We're selling our four-bedroom house in a $3 lottery'
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  • 📰 Newsweek
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Declan Garrett tells Newsweek about selling tickets to win his four-bedroom family home.

Leoni originally moved into the property after her divorce, otherwise it would have been very difficult for us to be in this situation, we're both of the generation where it's quite tough to buy a house. I'm currently earning £37,000 and Leoni stopped working earlier this year while she's starting her own business.

She had previously stumbled across other people raffling off their homes on social media and decided to do some research into the process. Leoni and I came to the conclusion that there's not really a bad outcome, it's a low risk and potentially high reward situation. I was quite apprehensive about what other people would think of the idea, because it's quite unusual. I was worried about friends, family and my parents thinking it was crazy and potentially judging us, but it's not really been a problem. They have generally been supportive, though we did have to do quite a bit of explaining in terms of how it all works.

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Newsweek /  🏆 468. in US

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