Teacher Justin Jones of Austin, TX, has come up with an interesting way to raise money for his family.
He’s using the U.K.-based platform Raffall to hold a sweepstakes for 100 acres of leased mineral rights in Frio County, TX. “These acres sit over the Eagle Ford Shale and Pearsall Shale formations—two of the most potentially productive oil and gas plays in Texas,” he tells Realtor.com®. “You receive a royalty percentage of production revenue if oil or gas is produced. Ours for this particular lease is 22.5%.”
Each entry costs around $4.10, using the British pound sterling…