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What is Chase the Ace?
Chase the Ace is a form of lottery that has gained popularity since 2013 in parts of Canada as a way to raise funds for charities. It is also known as Crown the King, Queen of Hearts Jig the Joker, and Catch the Ace.
The jackpot accumulates from week-to-week until it is won, and the game is then over. Each week participants buy lottery tickets. The funds from ticket sales are divided into three parts:
Organizers typically retain 50%,
The winner of the draw takes 20%, and
The accumulated jackpot grows by 30% of this week's sales.
The raffle winner also then draws a card from a deck of playing cards and wins the accumulated jackpot if the ace of spades is drawn. If not, the reduced deck is kept for the following week's game.
Chase the Ace FAQ
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