Free NewsletterPro Login
S&P 500 6,287 +0.42%
DOW 44,521 -0.18%
NASDAQ 21,103 +0.71%
S&P 500 +12.4%
Briefs Finance Fund +24.8%
JOIN THE FUND →

Omaze Is Bringing Its Win-A-Mansion Lottery Back To The US

Published Jun 10, 2026
[tts_player]
Share:
A luxurious modern mansion with large windows and palm trees, overlooks a reflecting infinity pool at sunset. The sky glows with vibrant orange and purple hues. Logo: BriefsFinance.
Summary:
  • Omaze, known for its UK luxury home giveaways, is bringing its prize-draw model back to the US.
  • The company started in the US in 2012 but paused operations here in early 2023.
  • It has raised more than $250 million for charities, mostly through home draws abroad.

Omaze started in California. Then it gave up on the US and moved to London.

Now it is coming back. The pitch is simple - you can win a multimillion-dollar home for the price of a few coffees.

How Omaze Works

Omaze is a for-profit firm that runs prize draws. You pay for entries, and a chunk of that money goes to a charity.

One winner then takes home a luxury house. That is the part that gets all the buzz.

There is also a free mail-in entry. That is how these draws stay legal in most places.

The free route matters for the law. It keeps the draw from counting as gambling.

Think of it as a raffle. The prize on the table is a piece of high-end real estate.

The model became a big hit overseas. In the UK, the average home given away is worth about £2.9 million.

Winners take the house fully furnished, with no mortgage to pay. Entries there can start as low as £10.

In the UK, Omaze hands charities 17% of every draw. It also promises each partner at least £1 million.

Omaze says it has raised more than $250 million for charities. Single homes have drawn huge crowds of buyers.

The company also runs a monthly cash prize on top of the homes. The appeal is plain, since a few dollars buys a shot at a house most people could never afford.

We cover the business stories behind the headlines each morning in Market Briefs, and it takes five minutes. A free starter masterclass on investing comes with your sign-up.

Why It Left, And Why It's Back

Two friends, Matthew Pohlson and Ryan Cummins, started the company in 2012. Back then it gave away celebrity outings, not homes.

It switched to UK home draws in 2020. Then it paused its US business in early 2023 and moved to London.

The exit was not quiet. Omaze cut 103 jobs on its way out the door.

Away from the US, it sharpened the formula. It learned how to sell a dream home at scale.

In the UK, the format took off fast. Omaze now runs new home draws almost nonstop.

It also spread to Germany last year. There it promises charities at least 500,000 euros per draw.

That tested model is what is now crossing back over the Atlantic.

What To Watch

The big questions are the local ones. First is which homes go up for grabs.

Just as important is which charities get the money. The other open question is how much of each entry reaches them.

Prize-draw rules also differ from state to state. That patchwork is part of what tripped up the first US run.

US marketing will likely ramp up before any draw opens. Omaze leans hard on big email and ad pushes.

A model that once walked away from America is back. This time it has years of practice.

Want the story behind a brand before everyone else? You can subscribe to Market Briefs at no charge, and a 45-minute investing course comes along too.

Disclosure

Recent News

1 2 3 42

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

June 29, 2026
Portfolio Diversification: Why Putting All Your Eggs in One Basket Destroys Wealth
  • Real diversification means spreading investments across all 11 economic sectors plus bonds, alternatives, and cash so no single bet can sink the portfolio.
  • Different sectors perform at different times, so a diversified portfolio captures upswings while smoothing the brutal drawdowns that wipe out concentrated bets.
  • Total market index funds offer the simplest path to diversification, and annual rebalancing is what keeps the structure working over time.
Read More
June 29, 2026
Non Taxable Income: What It Is and Why It Matters
  • Non taxable income is money you receive that you don't owe income tax on.
  • The tax code treats workers, investors, and business owners very differently, and investors often come out ahead.
  • Learning how income is taxed is a quiet superpower for keeping more of what you earn.
Read More
June 29, 2026
Semiconductor Stocks: A Simple Guide for Investors
  • Semiconductor stocks are companies that design and make computer chips, the brains inside nearly every modern device.
  • The AI boom has turned chips into one of the market's most important and most watched groups.
  • They offer big growth potential, but come with high valuations and a notoriously cyclical history.
Read More
June 25, 2026
How Stocks Work: A Simple Guide for Beginners
  • A stock is a slice of ownership in a company - buy one, and you own a piece of the business.
  • You make money two ways: the share price rising over time, and dividends paid to shareholders.
  • The simplest path for most beginners is buying into the whole market through a low-cost index fund.
Read More
June 25, 2026
Stop Loss vs Stop Limit: What's the Difference?
  • A stop loss order sells your stock once it hits a trigger price, prioritizing getting you out.
  • A stop limit order only sells within a price range you set, prioritizing price over a guaranteed exit.
  • The trade-off: a stop loss almost always executes; a stop limit might not if the price moves too fast.
Read More
June 25, 2026
Energy Stocks: A Simple Guide for Investors
  • Energy stocks are companies that produce and supply the power the world runs on, from oil and gas to newer sources.
  • They make up one of the 11 sectors of the market and tend to move with energy prices and big-picture shifts.
  • Like any sector, the key is diversification and understanding the forces driving demand.
Read More
June 18, 2026
What Is a Stop Loss Order? A Simple Guide
  • A stop loss order automatically sells a stock once it falls to a price you set.
  • It's a tool to cap losses or lock in gains without watching the market all day.
  • It works best for active strategies, and can backfire if used carelessly on long-term holdings.
Read More
June 18, 2026
Best S&P 500 Index Fund: How to Choose One
  • The best S&P 500 index fund for most investors is simply the cheapest, most established one that tracks the index well.
  • Funds like VOO, IVV, and SPY all hold the same 500 companies, so the biggest difference is the fee.
  • Pick one, automate your buys, and let time do the heavy lifting.
Read More
June 17, 2026
What Are Penny Stocks? Risks and Rewards Explained
  • Penny stocks are very low-priced shares of very small companies, often trading for just a few dollars or less.
  • They promise huge gains but carry huge risks: low liquidity, high failure rates, and wild price swings.
  • Most investors are better served by quality companies and funds than by chasing cheap shares.
Read More
June 17, 2026
Best Stocks for Beginners With Little Money
  • The best stocks for beginners with little money usually aren't individual stocks at all - they're low-cost index funds.
  • You can start with $100 or less and use small, regular investments to build wealth over time.
  • Focus on diversification and consistency, not on picking the next big winner.
Read More
1 2 3 24
Share via
Copy link