he Dead Horse Raffle: Jake’s Clever Profit

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A young man named Jake bought a horse from a rancher for $250. The rancher agreed to deliver the horse the next day. The next day, the rancher drove up to Jake’s house and said, “I’ve got some bad news for you—the horse passed away.”
Jake replied, “Well, then just give me my money back.”

The rancher said, “I’m afraid I can’t do that.

I already spent the money.”

Jake thought for a moment, then said, “Alright, just bring me the dead horse.”

The rancher looked puzzled and asked, “What are you planning to do with a dead horse?”

Jake grinned, “I’m going to raffle him off.”

The rancher laughed, “You can’t raffle off a dead horse!”

Jake shrugged, “Watch me. I just won’t tell anyone it’s dead.”

A month later, the rancher ran into Jake and asked, “So, what happened with that dead horse?”

Jake said, “I raffled him off. Sold 500 tickets at five dollars each and made a profit of $2,495.”

The rancher was shocked.

“Didn’t anyone complain?”

Jake replied, “Only the guy who won. So, I gave him his five dollars back.”

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