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Successful Raffles—Part 2 for 2019

Bulk Raffle Ticket Sales

A common practice for increasing revenue from raffle ticket sales is to offer bulk sales of the raffle tickets. For example the raffle holders may sell their raffle tickets for $1.00 each and $5.00 for 6. in many cases the raffle tickets are offered in convenient books of 6. Players tend to spend more money on bulk tickets believing they have a much better chance of winning. Since the raffle tickets cost little to produce, and the prize expense has been set, the number of raffle tickets sold creates little or no additional cost for the raffle holders thereby increasing your revenue.

BeaconRaffleTickets.Com will be glad to put your raffle tickets in books of any quantity for a slight additional charge.

 

Successful Raffles—Part 1 for 2019

A raffle is a game of chance in which participants purchase raffle tickets in exchange for the chance to win a prize. The prize is typically determined by a random drawing of the winning raffle ticket from the pool of sold tickets. Raffles are regulated by State and local governments and the laws vary by location. Be sure that you consult your attorney or your CPA in the early planning stages of your raffle.