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The price of a $150 raffle ticket will buy one lucky person the choice of a $600,000 home in Marana or $400,000 cash.

The grand-prize winner of the 2007 Estate of the Art House Raffle could choose to own a 3,231-square-foot home in Marana's Ironwood Ridge.

Not interested in real estate and the accompanying taxes and maintenance it requires? The winner has the option of choosing a $400,000 cash prize instead.

"Oh my gosh, it was the most exciting thing — outside of having my children — I've ever done," said last year's winner, Sharon Mederos, who lives in SaddleBrooke.

"From the minute I bought the ticket, I knew I was going to win it," said Mederos, 62. She had such a strong feeling that she'd win, she made sure she and her husband, Manny, had a front-row seat when the tickets were drawn.

Like most of the raffle's previous grand-prize winners, the couple chose the cash prize instead of the home. They used the money to help out their family, such as sending their granddaughter to college, she said.

Raffle tickets are $150 each and net proceeds will go to the Tucson Museum of Art, said Meredith Hayes, the museum's director of public relations and marketing.

This is the 14th year the museum has raffled off a house, and each year the museum's goal is to raise $500,000, she said.

Time to buy a raffle ticket is ticking down. Tickets will be on sale until midnight April 17.

The drawing will be held at 5:30 p.m. April 20 at the Tucson Museum of Art, 140 N. Main Ave. Anyone can attend the drawing and it is not necessary to be there to win.

Besides the grand prize, there are 95 other cash prizes, including a $10,000 second prize, a $3,000 third prize and a $2,000 fourth prize.

The odds of winning depend on how many raffle tickets are sold; sales are capped at 9,500. On average, the museum sells about 90 percent of its available tickets each year, Hayes said.

A minimum of 7,500 tickets must be sold for the grand prize winner to get the choice of the estate or $400,000, according to the raffle's rules, which are available at www.tucsonmuseumofart.org, the museum's Web page.

If fewer tickets are sold, the grand prize winner will instead receive half of the net raffle proceeds, but other prize amounts will stay the same.